Stanbic IBTC Bank recruitment for Internal Control Officers, March 2015
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.
Work with Standard Bank and join a dynamic team of professionals proud
to be voted the Best Bank in Africa for three years running. Our core
values of service and innovation are at the heart of our business, and
our global workforce benefits from our unique culture of empowerment and
independence, enabling us to maintain competitive advantage in the
world's premier financial markets
We are recruiting to fill the position below:
Job Title: Internal Control Officer
Job ID: 12808
Location: Kano and Kaduna
Division Group: Operations
Position Category Group: Operations Control
Employment Type: Full Time - Permanent
Position Description
- 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
- Call over of Transactions as per the approved threshold.
- Review of expense and cash advances and ensure conformity with laid-down policies.
- Carrying out security sweep at least once in a month.
- Daily review of accounts closure and transfers.
- Ensure complete and accurate recognition of all fees and charges on every relevant account.
- Review of Fixed Asset Register
- Review of Finacle users' profile
- Review KYC compliance.
- 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
- Review of system exception override message report.
- Review of GL/P&L Movement Report.
- Conduct Seriality checks /test on Managers Cheque/Bank draft in the branches under coverage.
- Review of Suspense/Transit/Proxy Accounts.
Key Performance Measures:
- Control Adequacy rating from Internal Audit.
- Promptness and effectiveness of call over of transactions.
- 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
- Effectiveness at follow up to ensure that Internal Audit recommendations are implemented
- Quantum of undetected regulatory/statutory infractions from External Auditor and Regulators reports.
- Quality and Timeliness of losses and loss events reporting in processing areas
- Undetected Income leakage/P&L reversal arising from undetected processing errors
Qualifications
- Must possess a minimum of second class lower in a numerate 1st Degree and professional qualifications in Accountancy or Audit
Experience:
- Work experience of between 4 and 6 years in banking operations
Required Competencies
Internal relationships:
- The need to maintain a wide network with key stakeholders in the
Bank such as Operational Risk, Risk Assurance, Group Internal Audit,
and other appropriate divisions and associate companies to ensure
operational effectiveness and enhanced customer service.
Technical Competencies:
- 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
Personal competencies:
- Excellent interpersonal skills
- Attention to details
Method of Application
Interested and qualified candidates should:
Click here to apply online
Application Deadline 1st April, 2015