Vacancy for a Dynamic Compliance Officer at Stanbic IBTC Bank
Employment Nigeria
01-Jan-1970
NIGERIA , NIGERIA ,
Standard Bank Group enjoys a unique reputation across the globe. Our consistent brand values of service and innovation are reflected in every one of our client relationships and financial transactions. Optimising and projecting this image of quality and advantage is the responsibility of our marketing team, who are now looking for a highly skilled online marketing specialists to join their busy team, based in Johannesburg - Head Office.
We are recruiting to fill the above position of:
Job Title: Compliance Officer
Ref: 12060
Job Location: Nigeria
Position Description
To support and assist International Business Center (IBC) team by providing efficient and effective transaction processing so as to provide a simpler better and faster customer service, minimize operational losses as well as ensure good customer relationships.
Key Responsibilities
- Record submission of vouchers and source documents in call-over register and sign-off entry.
- Generate and print the transaction journal for entire IBC team for the day and call-over the vouchers and source documents.
- Note errors discovered on the printed journal and in the call-over exception register/form.
- Forward the list of errors as noted in the exception register/form to the teamleader/unit head of the posting officer for correction.
- Update exception register/form with action taken.
- Forward call-over journals to the head, Exchange Control and Compliance for review and sign-off.
- Arrange all individual envelopes in a single IBC call-over envelope, fill-out details on the envelope and forward envelope to the archive at regular interval.
- Balancing of Fx Allocation accounts and providing breakdown i.e Fx Allocation account proof (Monthly)
- Collating and co-ordination of monthly IBC performance tracker
- Reconciliation of IBC trade transaction suspense (GL 5205009) and providing breakdown daily.
- Prepare the grouping, schedule and co-ordinate the quarterly self audit.
- Ensuring compliance of the Exchange Control Documents within regulatory framework.
- Any other assignment as assigned by management
Resource Utilisation
- Ensures effective, efficient and optimal utilisation of all resources (human and capital) to be responsive to competitive pressures, changing market conditions, client needs and business strategies
Operational Performance
- Identifies and defines tactical operational performance metrics geared towards meeting the teams objectives by leveraging opportunities.
- Collaborates with other areas to ensure that best practices and a standard approach is followed.
- Provides accurate and timely MIS as per the matrix agreed with Centre (ROA Operations) to enable informed decision making.
Control
- Identifies, assesses and mitigates the risks facing both systems and business processes thereby minimising the operational risks.
- Problem-solving
- Required to follow laid-down policies and procedures at all times.
- Deal with a wide range of customer queries, showing sensitivity to customers’ individual requirements as well as the bank's laid-down operational/procedural limitations.
- Refer problems falling outside of parameters to the supervisor for resolution.
- Able to take the initiative within limits of authority.
- Proactive end to end query management
Self Development
- Identify appropriate formal and occupational (informal) training needs and courses (internal/external) to develop yourself under discussion with Team Leader.
- Up-Skill yourself regarding new products and procedures through attendance of workshops/presentations and reading of internal and external communications.
- Share knowledge acquired from courses and apply knowledge gain for value added to job role performance.
Required Skills and Qualifications
- Minimum of a Bachelors degree in Business Management or any related discipline; Applicable certifications will be an added advantage.
- 2- Year's banking experience; experience in Trade, Payments, Swift, Exchange Control would be an advantage.
- Working knowledge of rules and regulations governing Payments and Trade
- Attention to detail and results oriented
- Work in a fast paced environment
- Knowledge of the products processed in Exchange Control and Compliance.
- An extensive knowledge and understanding of the various systems used within the department.
- Comprehensive understanding of banking transaction processes relevant to products and services offered to customers.
- Practical knowledge of how to input access and utilize information to analyze forecast trends.
- Knowledge of the applicable legislation.
- Understanding of the Bank's systems, processes and procedures.
- Understanding the basics of team dynamics and participation in developing and maintaining a team culture.
- Broad understanding of international business operations.
- Broad understanding of problem resolution in respect of role
- Knowledge in Foreign Exchange Controls and any other guidelines
- Knowledge of rules governing trade and Treasury transactions
Required Competencies
- Strong numerical skills
- Risk identification and assessment skills
- Ability to identify trends and make recommendations to Management
- Excellent interpersonal and communication skills (across the business).
- Strong customers focus and service orientation.
- Creative, analytical with good problem solving skills.
- Self driven, values based, innovative, independent adaptive and results orientated person.
- High emotional intelligence.
- Respond positively to change- be flexible, pro-actively encourage change.
- Teamwork skills - consistently promote teamwork, and add value within the team.
- Independent and energetic - Needs to be self-motivated, enthusiastic and show initiative with a sense of responsibility.
Mode of Application
Interested and qualified candidates should:
Click here to apply online
Application Deadline: 30th August, 2013
Sorry the application deadline for this job has elapsed
