Managerial Job at Stanbic IBTC
jobs in Nigeria
Stanbic IBTC Holdings PLC is a full service financial services group with a clear focus on three main business pillars - Corporate and Investment Banking, Personal and Business Banking and Wealth Management.
Job Title: Business Manager-Investment Banking
Administration, Secretarial, Banking
To provide support to the management of Investment Banking and business heads within the IB covering
Financial and management control including budgeting and reporting
Risk & compliance,
Management of relationship with internal clients such as Client Coverage, TPS, Credit, Finance and Risk management and other internal clients as may be required to effectively manage business performance.
Provides timely and relevant client performance data and market intelligence for effective management decision making: weekly and monthly performance reports in relation to income, expenses, pipelines, key client activity, etc
Quality control and management of all Business reporting and MIS for IB, Corp Fin and DS
Financial Control - Performance Monitoring and Variance analysis
Be able to gather, interpret, analyze and present both financial and non financial information
Provide adhoc reports and presentations for IB from time to time.
Financial & Management Control Functions
Preparation of budgets for Investment Banking and its constituent units
Monitoring budget vs performance
Manage the General Ledger for IB, including Cost/profit Centre codes
Assist with the management of the IB’s financial reports and other performance management targets including revenue and costs.
Prepare weekly and month-end reports for management use - Internal Exco purposes as well as for matrix reporting purposes
Preparation of Presentations for performance reporting purposes
Work with stakeholders to “project manage” agreed actions arising from management meetings
Liaise with Finance department on recognition of income and tax related issues.
Keep and maintain adequate records of all business performance management data.
Invoice tracking for IB
Risk & Compliance Functions
Liaising with Risk & Compliance on behalf of the IB
Managing the Risk Self Control Assessment Grid and coordinating the implementation of action points in the grid
Acting as custodian of Risk & Compliance policies on behalf of the IB and monitoring compliance with same
Preparing risk-related reports as and when needed
Credit & Business Support Functions
Assist in Annual Credit reviews for transactions in Investment Banking
Track and monitor client product utilisations and revenue reporting
Review provisioning of classified Risk Assets in IB’s loan book
Preparing files for the annual audit process and assist in discussing, responding and reacting to comments raised by the Audit division;
Keeping abreast of developments in the local, regional and international Financial markets;
Ensuring all requisite administration and filing matters in relation to function are maintained and up to date;
Assisting senior members of the IB and business heads in day-to-day work as delegated and carrying out other duties as required by the job;
Ensuring that the policies and procedures of the bank are being followed.
Preparing Ad-hoc financial and other reports and presentations for IB
Liaise with IT on capturing/treatment/reporting of IB transactions on the Bank’s Banking application.