E-business Risk Analyst Job Vacancy at Stanbic IBTC Bank Nigeria
Stanbic IBTC Bank is a leading African banking group focused on emerging
markets globally. It has been a mainstay of South Africa's financial
system for 150 years, and now spans 16 countries across the African
continent.
Standard 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.
We are recruiting to fill the position below:
Job Title: E-business Risk Analyst
Job ID: 12864
Location: Nigeria
Employment Type: Full Time - Permanent
Job Purpose
- The E business, Risk Analyst role is part of an integrated group
wide organization dedicated to bring the organization's information
risks under explicit management control in order to prevent significant
reputational, financial or other loss to Stanbic IBTC and its clients.
This is being achieved through the efficient and effective application
of risk and information systems business (electronic business) expertise
to identify risk areas within existing and proposed solutions.
The role performs the following activities:
- Review effectiveness of control implementation of Key Controls and Business Specific Control
- Support Business lines, e-business, Operational Risk and the SBG
Information Risk Office for the successful treatment of risks across
all information system platforms.
Key Responsibilities
- Review effectiveness of control implementation of Key Controls and Business Specific Control
- Highlight effectiveness of risk identification and implementation of key and business specific controls
- Monitor external and internal compliance requirements on all payments and collection platforms as well as other related systems
- Assessment of the control environment with specific reference to
high risks identified and key controls implemented by 3rd parties.
- Recommendations on process and control gaps.
- Tracking and monitoring of control gaps and action plans.
- Awareness of Technology and electronic business risk threat landscape as it relates to the Bank
- Identify trends and mitigation approaches to business challenges in business operations.
- Advise on information system risks and threat trends to new business opportunities in the e-business world.
- Provide a holistic view of the risks to the bank's e-business
platforms introduced by personnel, processes, technology and external
events.
- Support Business lines, e-business, Operational Risk and the SBG
Information Risk Office for the successful treatment of risks across
all information system platforms.
- Establish cooperative dialogue between Operational Risk,
e-business, Financial Crime Control, and IT Security by visible and
consistent action.
- Promote self-compliance to information risk governance standards, policies and standards.
- Develop business personnel knowledge to ensure better information protection and management
- Support relationship with vendors and suppliers to ensure full value of contracts is realised.
- Promote a continuous awareness of information risk value to ensure timely engagement by business managers.
- Support the ongoing knowledge management and formalization of
what risks and threats the group faces and how they are being addressed.
- Support incident response planning and investigation of customer
data breaches, and assist with disciplinary and legal matters
associated with such breaches as necessary.
- Initiate, facilitate, and promote activities to create risk
awareness within the organization, including awareness of information
risk related regulatory issues that have a potential impact to the
environment in alignment with group wide awareness activities.
- Support the engagement process of risk assessments and acts as a liaison with business lines to deliver value to the business.
- Provide Information Risk specific content to business partners and IR stakeholders
- Provide insight to the dynamic threat landscape across relevant
e-business (i.e. payments and collection) platforms positioning the
banks' risk posture against these trends
- Analyse, correlate and reconstruct events where business
operations related risk incidents have occurred within the Bank,
determining the root cause, and proposing alternatives to prevent
recurrence.
- Define the necessary procedures to drive information risk
management on major business initiatives / projects, providing control
advice and measuring control effectiveness and efficiency.
Required Skills and Qualifications
Qualifications:
- A relevant tertiary qualification
- Master's, MBA, or professional qualifications such as FRM, PRM, ISO27001 LA, ISO27001 LI, COBIT 5 LI etc. is advantageous
Experience:
- Strong operational risk experience within financial
services/industry (retail, commercial and corporate and investment
banking) with working knowledge of banking systems, procedures and
controls
- Experience with payments and collections platforms, mobile
payments, cards projects implementation, excellent understanding of the
Point of Sale framework.
Required Competencies
Technical Competencies:
- Business product knowledge, including understanding of financial
processes in order to be able to determine their impact on risk and
control
- Familiarity with operational risk regulatory environment e.g.
Basel II (AMA), Sarbanes Oxley, etc. preferable though not essential)
- Practical knowledge of how to input, access and utilise information from the network/systems to analyse and forecast trends
Personal Competencies:
- Outstanding analytical, data, and project management expertise
- Outstanding interpersonal skills and relationships management ability
- Able to clearly demonstrate and implement new operational standards
- Logical and rational thinker - has a clear, focused and methodical approach to work
- Strong team orientation
- Successful track record in communication and delivering presentations to internal clients and/or senior level executives
How to Apply
Interested and qualified candidates should:
Click here to apply online
Application Deadline 3rd July, 2015.