Stanbic IBTC Bank Vacancies

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.

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 an experienced to join our dedicated team at our Nigerian offices.

BUSINESS RISK & CONTROL OFFICER

POSITION DESCRIPTION
This is an internal supervisory function which will drive the framework, oversight and monitoring of the control environment across all Group Enabling Functions (GEF).
It will work in partnership with the Head Office (HO) departments to mitigate risk in transactions and the underlying processes.

The focus will be to mitigate operational risk through a number of control and monitoring processes.
Important stakeholders in the bank include: Operations Risk, IT, Business Management, Internal Audit, External Audit, Compliance, Legal, Reconciliation etc.
The role holder will need to develop these relationships in order to maintain/establish efficient and robust operating models both in and outside of GEF.

KEY RESPONSIBILITIES
• Review and improve operational controls in processes and procedures.
• Analyze key lessons learnt in audit and feedback this to affect control Ops culture.
• Establish and maintain the Mission Critical Processes (MCP), sub-processes and underlying controls needed to effectively manage control across the bank.
• Work with the GEF staff to align the controls for the bank with those in the HO business lines – accepting differences where these are supported by a strong underlying business requirement.
• Ensure that key controls and all important qualitative/quantitative assessments of the control profile for the bank are properly represented in the MI & Dashboard reporting prepared for Business Risk & Control. Embrace technology and innovation in operational controls.

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DUE DATE: 6 May, 2014