Stanbic Bank: Business Manager - Investment Banking (IB)

Stanbic Bank is a leading African banking group focused on emerging markets globally. It is the largest banking group in Africa (by market capitalisation) and operates in 33 countries worldwide.

Stanbic Bank is hiring a Business Manager(IB).

Job ID5344
Location: Nigeria – Lagos
Employment Type: Full Time – Permanent

Position Description

Job Purpose
To provide support to the Management of investment Banking and business heads within the IB covering: (a) Financial and management control including budgeting and reporting (b) Risk & compliance, (c) Credit-related support and (d) 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. The job holder will therefore be expected to:
• Provides timely and relevant client performance data and market intelligence for effective management decision making
• 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

Other Functions
• 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 for IB
• Liaise with IT on capturing/treatment/reporting of IB transactions on the Bank’s Banking application.

Required Skills and Qualifications
• Minimum of a B.Sc degree
• Masters Degree/Professional Qualifications will be added advantages
• CA / CIMA advantageous.
• The job holder will be expected to understand the general dynamics of the local and international financial markets;
• English language proficiency is a must for undertaking this role
Required Competencies
• Detailed understanding of accounting – management and financial accounting – Ability to gather, interpret, analyse and present both financial and non financial information
• Understanding of bank’s products and facilities that give rise to counter party credit risk
• Ability to source market information, understand activities of all key players in the sector (whether they are clients or not);
• Understanding of investment banking business.
• Knowledge of financial markets
• Conceptual and practical knowledge of credit procedures, policies, and standards
• computer literacy, particularly with Microsoft Word, Excel and Power Point;
• Project Management competencies
The job holder should have a minimum of five years in a banking environment, preferably with a Financial control/audit background;

 The job holder should as a minimum have the following traits / abilities and personal characteristics
(i) good verbal and written communication skills, (ii) ability to work under pressure and to tight deadlines,
(iii) attention to detail,
(iv) methodical,
(v) diplomacy,
(vi) ability to handle, manage and resolve conflict within the unit and across IB,
(vii) result-orientated,
(viii) good numerical ability,
(ix) people management skills,
(x) team player,
(xi) resillience
(xii) self-motivated and ability to work unsupervised
(xiii) strong analytical skills
Financial analysis skill
People management skill/good human relations Ability to multi-task
Ability to work under pressure Independence Good presentation skills
We are an equal opportunities employer and are totally opposed to discrimination in any form. It is our policy to provide equal employment opportunities for all employees regardless of race, sex, colour, nationality, national or ethnic origin, sexual orientation, marital / partnership status, religion, age or disability.

How To Apply
Click Here To Apply Online