Officer, Trade Returns at Stanbic IBTC Bank

Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa's financial system for 150 years, and now spans 16 countries across the African continent.Standard Bank is a firm believer in technical innovation, to help us guarantee exceptional client service and leading edge financial solutions. Our growing global success reflects our commitment to the latest solutions, the best people, and a uniquely flexible and vibrant working culture. To help us drive our success into the future, we are looking for resourceful individuals to join our dedicated team at our offices.We are recruiting to fill the position below:Job Title: Officer, Trade ReturnsJob ID: 32593Location: LagosJob Sector: Financial ServicesJob DetailsGroup Operations: a range of essential and complex services to ensure processes across the bank work as effectively and efficiently as possibleJob PurposeProduce timely and accurate regulatory/compliance returns, ensuring that Stanbic IBTC stays in step with the statutory requirements of Central Bank and other regulatory bodies.Automating the end-to-end workflow of regulatory reporting -- from data capturing to validation (at our end) viz-a-viz report delivery to CBN with zero error tolerance.Key Responsibilities/AccountabilitiesKey Responsibilities:Spools the daily FX trading from Calypso.Import the transaction onto an excel sheet.Classify transactions on excel into different categories.Ensure that the Closing Positions (from Market Risk Report & Returns) agree.Prepares the daily (DTRs)Fill CBN’s Data Submission System/eFASS and generate an XML file.Generate jar file from XML file.Upload the jar file via eFASS to CBN.On DSS, generate the jar file for all the reportsUpload the jar file to CBN (on or before the 5th day of the succeeding month or the next working day if 5th falls on a weekend)Back-up for other Exchange Control Officers (FECD)Any other duties that may be assigned from time to time.Back up functions:Back up for CCI deskCustomer Service:Enhance the bank’s image through effective customer service.Maintain a good service relationship with Treasury/GMOResource 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 strategiesOperational Performance:Identifies and defines tactical operational performance metrics geared towards meeting Excon units objectives by leveraging opportunities.Collaborates with other areas to ensure that best practices and a standard approach is followed.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.Key performance measure:Consistent achievement of high levels of customer service and satisfactionCompliance and improvement on turn- around times (TAT)Reduction of costs and increased throughput (output)Compliance to regulatory requirements governing banking practicesEffective management and mitigation of operational risksKey RelationshipsInternal:Business area: Branches (PBB) / TPS (CIB)External:Regulatory BodiesCustomers

Apply at https://ngcareers.com/job/2018-06/officer-trade-returns-at-stanbic-ibtc-bank-625/