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.
Standard Chartered is recruiting to fill the position below:
Job Title: LRR Reporting Officer
Job ID: 461294
Location: Lagos State
Job Description
- Timely submission of local regulatory returns.
- Provide reports required for regulatory examination exercises
- Liaison with Regulatory agencies
- Undertake key controls self assessment on the reconciliation desk.
Key Roles & Responsibilities
1.) Local Regulatory Reporting:
- Ensure accuracy, correctness and reliability of all returns submitted to regulators
- Ensure all regulatory reports are submitted as at when due
- Preparation of all local regulatory returns:
a.) Daily
b.) Weekly
c.) Mid Month
d.) Monthly
e.) Quarterly
f.) Half yearly
g.) Yearly
- Under the supervision of the Reporting Manager, responds to and resolve all Local Regulatory Reporting issues
- Provide other reports/returns required by CBN/ NDIC/ NASB and other non-tax regulators
- Computation of various ratios
- Computation of Capital Adequacy ratios and RIWAC
- Preparation of group ALCO report
2.) Regulatory Examinations and Audits:
- Provide the necessary schedules and information required by the following parties in relation to the examination of the Bank's books of accounts:
- CBN and NDIC on routine and spot examinations
- NDIC routine and spot examination
- SEC routine and spot examination
- Other regulatory bodies
3.) Operational Risk Controls
- Act as responsible person for the reconciliation and investigation desk.
4.) Carry out all other task assigned by the management.
Qualifications & Skills
- Professional qualifications in Accounting and Finance e.g. ACCA, ACA plus at least three to four years work experience in Regulatory and Financial reporting department of a financial institution.
- Good working knowledge of the Local Regulatory requirements and Group Accounting practice supplemented by all round Banking experience.
- Working experience of Accounting/Banking systems is essential for the extraction and processing of data.
- Understanding of the GL accounts is essential in assessing whether the trend of an account is irregular and requires immediate management attention.
- Good communication and interpersonal skills are essential in dealings with both internal and external customers.
- Ability to work in a busy and strenuous environment for long hours in order to meet set deadlines.
Application Closing Date
Not Stated.
How to Apply
Interested and qualified candidates should:
Click here to apply online