Latest Vacancy at Stanbic IBTC Bank for a Branch Control Officer on 2017

Stanbic IBTC Bank is a firm believer in technical innovation, to help us guarantee exceptional client service and leading edge financial solutions. Our growing global success reflects our commitment to the latest solutions, the best people, and a uniquely flexible and vibrant working culture. To help us drive our success into the future, we are looking for resourceful individuals to join our dedicated team at our offices.

POSITION : Branch Control Officer 

Job Details

  • Group Risk Management: understanding all risks – from the economic to the political – that could affect our global business, and offering guidance to all parts of the bank

Job Purpose

  • Build a strong compliance environment to ensure zero level of policy, procedures and regulatory infractions.
  • Ensure prompt and effective call over of branch transactions.
  • Build strong awareness in branch staff on all policy and procedures issues; zero tolerance for open GL Items, unreviewed transactions and income leakages

Key Responsibilities/Accountabilities

  • Call over of Transactions as per the approved threshold.
  • Carrying out spot checks and review of activities in the branches under coverage, cash count and vault administration, funds transfer,
  • Clearing processes and returned cheques, etc., ensuring adherence to policies and procedures
  • Control Adequacy rating from Internal Audit.
  • Promptness and effectiveness of call over of transactions.
  • Carrying out security sweep at least once in a month.
  • Daily review of accounts closure and transfers.

Key Performance Measures:

  • Control Adequacy rating from Internal Audit.
  • Promptness and effectiveness of call over of transactions.
  • Quantum of undetected regulatory/statutory infractions from External Auditor and Regulators’ reports.
  • Integrity of the GL accounts in the Business offices of the region.
  • Promptness, Accuracy and Validity of Exception Reporting/Rendition of all Control Activity Reports

Preferred Qualification and Experience

  • Business management or commercial degree
  • Applicable certifications.
  • Education: BSc. Minimum
  • Banking Experience -Minimum of 3 years.

Knowledge/Technical Skills/Expertise:

  • Report writing/Investigation skill
  • Banking operations experience
  • Interpretation of ML (P) Act 2004 & CBN KYC Manual 2003
  • Ability to use Finacle, Microsoft packages & AML Software