Standard Chartered Bank Nigeria Job Opportunity

Standard Chartered Bank Nigeria – We attract talented individuals. Not only can they give you the benefit of their experience, they also reveal a closer, more personal look at the wide range of global opportunities we offer. At the core of the Group’s people strategy is our focus on employee engagement. Engagement is a key driver of productivity and performance, which creates the foundation of our performance culture. We encourage and focus on the behaviours that bring out the very best from every employee, assessing their performance not just on results but on how those results were achieved. To further embed these behaviours we have a remuneration programme in place, carefully designed to incentivise our employees to live our values every day.

We are recruiting to fill the position below:

BUSINESS BANKER

JOB DETAILS
Standard Bank is the largest bank in Africa and our highly visible brand, award-winning service, and strong global presence helps us maintain our market-leading position. We place huge value on the talent of our people to drive our continued success, and to support our plans for growth. We now need a talented and resourceful individual to help us fulfill our business objectives and build customer loyalty

JOB PURPOSE
To provide a basic, branch – based business banking sales and service facility to a portfolio of small business customers requiring uncomplicated and standardized financial product solutions

KEY RESPONSIBILITIES/ACCOUNTABILITIES
Explain, promote and sell a range of appropriate Stanbic IBTC product offerings and solutions that meet the financial needs of small business customers.
Selling includes acquiring and opening new business accounts (walk – in – customers)
Cross selling additional products & services to existing customers (walk – in customers, during pro –active telephonic conversations).
Identifying sales leads for associate company stakeholders e.g. Vehicle and Asset Finance; Electronic Banking (Business Online); Card; etc.
Mining existing customer data to identify expansion and / or additional business opportunities.
Identifying opportunities to migrate top – end customers.
Providing a central “no – frills” (information / query handling) service point for a portfolio of small business customers.
Preforming a liaison role between customers and back – office service fulfilment and credit functions.
Interacting with clients and conducting needs analyses to assist clients to better understand their financial requirements.
Accurately and efficiently processing customer mandates /documentation requirements for banking facilities.
Educating clients regarding the parameters and routine procedures governing standard SME product and service offerings to ensure the correct customer behaviour and product usage.
Advice given to customers should benefit both the customer and Standard Bank – wrong and unprofitable customer behaviour should not be encouraged.
Explain credit loan facility options and qualifying criteria to customers.
Support customers in the completion of credit application information requirement’s e.g. persona balance sheets, cash flow statements, financial statements and management accounts.
Process scored credit applications within the confidential limit of authority and BRI scores.
Notify customers regarding the approval of credit loan facilities.
Conduct a needs analysis to identify customer needs effectively when opening new accounts or giving product advice, in line with Financial Advisory and Intermediary Service Act license categories.
Adhering to record keeping requirement’s as outlined by CBN and the Nigeria Financial Intelligence Unit (NFIU)

PREFERRED QUALIFICATION AND EXPERIENCE
Minimum of 3 years relevant experience in Banking preferably in relationship / transactional banking.
Business Assistant experience to the Business Manager ideal.
Experience in Credit origination
Previous experience within the personal / consumer banking environment as a Customer Consultant / Personal Banker and / or enquiries Officer is preferable.
Previous experience in running a small business
This experience provides an understanding of how to interact with and sell to personal banking customers, how to open bank accounts, as well as how the principles of scored lending are applied in practice

Knowledge/Technical Skills/Expertise
Customer Understanding
Product Knowledge
Banking Process and Procedures
Sales Planning and Reporting
Interpreting Financial Statements
Loan Assessment and Approval
Financial Industry Regulatory Framework

C & IC FINANCE MANAGER

JOB PURPOSE
Provide financial input on CIC deals and transactions to ensure the business complies with taxation, capital, regulatory and statutory accounting requirements
Assist with project benefits/deliverables within the WB business
Manage and meet WB reporting deadlines and ensure that reports are as far as possible, reflect business performance.
Actively review and assist in planning business costs to ensure value for money and a lean cost base
Manage the Bank’s Management Accounting Systems for the accurate and timely collation, analysis and dissemination of information

KEY RELATIONSHIPS INTERNAL & EXTERNAL
Internal

Hub reporting manager
Africa CIC Business Partner
External

Central Bank – Research,
Research Agencies
Federal Office of Statistics,
Financial Institutions,
External Auditors,
Stock Exchange etc.
FOR

Accuracy and reliability of monthly reporting, including forecasting accuracy
Guidance on overall Africa strategy/ comparison across the Region
CONTRIBUTES TO

The CIC business strategy
The understanding of the financial dynamics and dimensions of the CIC business
The building of CIC operating plans, budgets and forecast
The determination of the CIC financial and management information needs, the formats and the frequency with which these should be produced
The development of CIC management information systems to facilitate effective decisions by Heads of Global Markets and Corporates and Institutions
Ensuring compliance to Group standards, regulatory and statutory regulations
Achievement of CIC budget
Maintenance of appropriate financial and project controls
AUTHORITIES

Authorised to allow processing of all expenditure within delegated authorities/ agreed strategy
Initiate change requests necessary to satisfy CIC MIS needs in liaison with Heads of GM, CR, BSM and CFO
KEY PERFORMANCE INDICATORS

Budget schedules compiled, agreed and submitted within stipulated time
Level/quality of automated reports
Budget /variance reports distributed to Heads of GM, CR within agreed time scale
% of manual to automated reports
Quality and timeliness of reports disseminated to Heads of GM and CR
Level of queries/corrections to submitted reports
Tracking of PARs deliverables
Audit grade 2 and above0

KEY RESPONSIBILITIES
Business Analyst

Collect and present relevant financial data to help in the formulation of the strategy of the WB Business and monitor progress towards Key Performance Indicators
To assist the CIC finance manager in all matters relating to CIC Customer Profitability Reporting
Partner business in establishing a low, and value for money cost base
Reporting

To ensure CIC monthly reporting is timely and accurate at both product and customer segment levels. This includes the consistent application of the Funds Transfer Pricing and Cost Allocation methodologies
Assist business to undertake the financial analysis of the Business monthly performance
Budgeting and Planning

Assist the Business Finance manager in co-ordinating budget and monitor progress towards its achievement, drawing attention to important trends opportunities to maximise earning and minimise risk.
Financial Control
Review and monitor the business performance against Group policies for Market Risk, Liquidity Management, local regulatory and other statutory requirements
Manage the WB cost centres

KEY RESPONSIBILITIES
Project Management
Ensure that project accounting disciplines and tracking mechanisms (including benefits tracking) are in place for all WB projects

Operational Risk
To prepare the operational risk reports for the unit (KCSA, KRI, SORE, LSORE) for WB Business finance as required.

Others
Undertake ad hoc projects and assignments as agreed with Line Manager, CFO and the Heads of Global Markets and Client Relationships as the case may be.

QUALIFICATIONS AND SKILLS
EXPERIENCE/ KNOWLEDGE REQUIRED
MBA in Business, or Accounting or Professional Qualification – CIMA, CPA, ACCA or its equivalent plus at least three years experience in a middle management position with relevant / specific banking experience
High level of computer literacy and understanding of business computing environments
Knowledge of the Banking practice and Products
Strong knowledge in Management Accounting principles
Strong analytical skills and an eye for detail
Good communication and interpersonal skills
Team builder
JUDGEMENT/ COMPLEXITY

Superior levels of judgement are required to assess the impact of CIC business activities on performance, to identify trends early enough to enable effective remedial action to be taken and to facilitate clear understanding of the financial impact of decisions by the Business Heads
Integrity and sometimes courage to challenge the actions of peers
Judgement is called for in determining variables for use in budgeting and financial evaluation of CIC deals and transactions
Contribute significantly to the professional management of the Business Support function and in the day to day performance of Business Divisions
Follow up and monitoring of Customer and Product performance
Value for money review of projects

TO APPLY
Click on Job Title below:

BUSINESS BANKER

C & IC FINANCE MANAGER