Stanbic IBTC Bank 2022 Job Recruitment

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: Network Security Officer

Job ID: 61907
Location: Lagos Island, Lagos
Job Sector: Banking
Work Arrangement: Fully Office Based

Job Purpose

  • Implementation and operation of Network security controls and management strategies to maintain the confidentiality, integrity, availability, accountability and compliance of the banks network information assets.
  • To Provide an operational Network Security support to ensure that the banks network is not compromised in anyway. The operation support includes Firewall rule access, Internet gateways, Internet based DDOS protection, Internet traffic advertisement and filtering, intrusion prevention and detection as well as ensuring that only secure services are permitted over the network.
  • Ensure that all incidents are responded to, actioned and resolved within the required MTTR. Also ensure that calls are escalated and communicated to the required support area and user,
  • It is imperative that the housekeeping activities are conducted regularly as per the job requirements
  • Provide high level competency with regards to mainframe Network security systems
  • Works in tandem with the Operational Security and Information security teams to ensure security of the banks information estate

Key Responsibilities / Accountabilities

  • Configure Install and Support all Security Software
  • Responsible for administration of the firewall and monitoring of security tools
  • Responds to Security incidents and coordinates with the Head IT Security to develop Security Strategies
  • Stays current with technological changes that affect the security of the network, computers and other equipment

Minimum Qualification and Experience

  • First Degree


  • 3 – 4 years experience in IT security, communication or Network.
  • Expert Knowledge of a variety of network management tools, test equipment, circuits and routers.
  • Extensive knowledge of TCP/IP protocol stacks and firewall security in an inter-networking environment.
  • Knowledge of quality of Service and experience designing/implementing QoS in an enterprise environment.
  • Knowledge in checkpoint, Cisco firewalls, switches and routers.

How to Apply
Interested and qualified candidates should:
Click here to apply online



Job Title: Relationship Manager – Commercial Banking (Nationwide)

Job ID: 61905
Location: Lagos Island, Lagos
Job Sector: Banking
Work Arrangement: Fully Office Based

Job Purpose

  • A Relationship Manager is accountable for a portfolio of Commercial Banking Clients. Commercial Banking Segment is for Companies who carry out a turnover of at least N2billion for Tier 2 and at Least N5bn Turnover annually for Tier 1.
  • It is expected that the RM integrates and coordinates all Stanbic IBTC and Standard Bank Group products, services and resources in order to maximize the value of the business relationship and ensure profitability for the Bank and the Client.

Key Responsibilities / Accountabilities

  • Effective Relationship Management to deliver the financial and non-financial Commercial Banking targets for the portfolio.
  • Execution of the Bank’s Commercial Banking strategic initiatives and activities towards managing clients in the portfolio, to ensure full mining of each relationship and optimization of both customer experience and profitability for the Bank.
  • Engagement with Commercial Banking Partners
  • Ensure Compliance of all accounts in the portfolio.

Minimum Qualifications

  • First Degree
  • A professional qualification or 2nd degree will be an added advantage
  • 5 – 7 years experience in Relationship Management
  • Minimum of 2 years experience in Corporate Banking or Finance.

How to Apply
Interested and qualified candidates should:
Click here to apply online



Job Title: Financial Reporting Officer

Job ID: 61794
Location: Lagos Island, Lagos
Work Arrangement: Fully Office Based
Job Sector: Banking

Job Purpose

  • To ensure the overall integrity and accuracy of General Ledger as a basis for the preparation of financial and management reports.
  • Custodian of General Ledger and Chart of Accounts.
  • Recording entries in the general ledger
  • Preparation of financial reports
  • Provide management and other stakeholders with timely and accurate financial

Key Responsibilities
Being the custodian of General Ledger, Chart of Accounts, and the repository for all Financial and Management information for the Bank.

  • Effective ownership and management of balance sheet substantiation across the Group
  • Implement processes and procedures to safeguard the bank’s resources and financial integrity.
  • Maintain an overview of subsidiary entities
  • Monitoring all Balance sheet and Income Statement account movements and ensuring that they reflect the correct balances and all relevant account reconciliations are performed and corrective actions are taken timeously
  • Reviewing of monthly general ledger reconciliations to ensure that outstanding items are timeously cleared, resultant entries processed and the amounts reflected in the general ledger appropriately supported

BSS substantiation/AssureNet (BDC & SINL), Preparation of group daily dashboard (income statement and balance sheet), Proactive in resolving issues identified on review of account proofs:

  • Group daily dashboard to be ready by 10 am daily.
  • Monthly proof of GLs must be ready BD 10
  • No aging items in intercompany GLs-(reimbursable items)

Preparation of financial reports, coordination of external and regulatory audits:

  • Preparation of requisite schedules for the annual audit
  • Coordination of financial statements audits – IFC audits, regulatory, and statutory audits.
  • Perform detailed review and analysis of the country numbers to confirm the integrity and resilience of reported results.
  • Ensuring that all internal and external reporting requirements are timeously met, including preparation of monthly and quarterly accounts, Group Accounts, result publication and Statutory Annual Financial Statements.

Provide technical accounting support to businesses:

  • Provision of Technical Advice and Accounting support to other Functional Units
  • Ensure maintenance of and adherence to Group accounting policies and procedures.

Qualifications and Experience

  • First Degree in Finance, Accounting or Mathematical Science
  • ACCA, ACA, CIMA, or relevant accounting/ finance qualification
  • Minimum of three years experience in finance (financial / statutory accounting)
  • In-depth understanding of International Financial Reporting.

How to Apply
Interested and qualified candidates should:
Click here to apply online



Job Title: Relationship Manager Assistant – Commercial Banking

Job ID: 59781
Location: Lagos Mainland, Lagos
Work Arrangement: Fully Office Based
Job Sector: Banking

Job Purpose

  • To provide proactive and value adding support service to Commercial Banking clients, by increasing efficiency and cutting transaction process times.
  • To provide support/back up operational service for Relationship Managers

Key Responsibilities / Accountabilities
Trade Finance Support:

  • Form M opening LC / Bills / Non-valid for FX
  • Follow up on LC establishment with relevant units
  • Processing of shipping documents and PAAR release
  • Preparation of credit tickets for release of shipping documents
  • General liaison with IBC on all FX related requests

Transactional Support:

  • Treating client’s routine requests – funds transfer, cheque book request, funds placement, account reactivation, etc.
  • Bank statement generation request
  • Marking and un-marking of liens
  • Ensuring KYC and BVN update of existing and new existing accounts
  • Monitoring maturing risk assets
  • Resolution of client issues/problem solving
  • Report generation and rendition
  • Cheque confirmations
  • Loading of requests on Remedy

Credit Support:

  • Creation of Customer Profile on CAMS
  • Preparation of BBRS on CAMS
  • Preparation of credit tickets to initiate loan drawdown/disbursement
  • Following up on credit disbursement tickets sent to Loan Booking
  • Initiate loan liquidations
  • Printing of offer letters
  • Tracking of covenants and loan repayments


  • Monitoring of segmentation/mapping of accounts.
  • Collections/turnover monitoring and analysis.

Minimum Qualifications and Experience

  • First Degree
  • Field of study: Mathematical Sciences

Business and Commercial Clients:

  • Job Family: Relationship Banking
  • Years: 1-2 Years
  • Experience Description: Customer Understanding

Business Support:

  • Job Family: Relationship Banking
  • Years: 1 – 2 years
  • Experience Description: Product Knowledge.

How to Apply
Interested and qualified candidates should:
Click here to apply online



Job Title: Credit Evaluation Manager

Job ID: 61795
Location: Lagos Island, Lagos
Job Sector: Banking
Work Arrangement: Fully Office Based

Job Purpose

  • To provide effective value adding risk management to assist Business Banking Teams in the Business Banking space in achieving their asset growth targets, whilst maintaining a quality-lending book, through effective underwriting, evaluation and approval of credit applications.
  • The delivery of a professional service to all business units, by assessing and evaluating credit facilities (new and/or existing) based on sound credit & financial principles, whilst adhering to the Bank’s group credit risk standards, maintaining credit independence and managing risk reward balance.

Key Responsibilities
Evaluation and approval of applications:

  • Evaluate accurately credit proposals to ensure they meet sound business criteria and credit risk fall within acceptable parameters within approved turnaround times.
  • Identify, quantify and evaluate credit risks in relation to profitability of business proposals and financial viability of Business banking credits.
  • Process credit applications and ensure timely and quality credit assessments and decisions are made.
  • Build relationship with Relationship Managers/Business Bankers and collaborate to improve quality of business proposals and turnaround time on credit evaluations.
  • Active participation at the Business Assessment Committee meetings.

Risk Management:

  • Monitor the risk grading of all Business Banking customers using BBRS
  • Ensures that the Bank’s need to provide adequate controls over the risks encountered in the post-credit granting stage of the credit process are satisfied by ensuring the appropriateness, consistency, validity and enforceability of all collateral confirming that all collateral and legal documentation in respect of banking facilities and advances granted have been obtained’ are in legal order and properly housed.
  • Ensures all identified credit control events and payment defaults are managed, in order to reduce the roll rate of non-performing loans into lock up portfolio by providing a prompt and orderly turnaround environment in which controls can be exercised to ensure that the Bank is not faced with avoidable losses.
  • Ensures that timely and quality credit delivery and decisions are made within agreed Service Level Agreements (SLAs) within the in the Business Banking space.
  • Review of relevant internal & external communications, such as circulars, economic reviews on industries, & financial or industry publications to ensure that any development, new requirements or external risks are properly taken cognizance of in lending decisions or conditions of lending.

Governance, Risk and Compliance:

  • Ensures compliance with country adopted standards, policies, mandates and procedures governing activities within the credit space
  • Actively participates in Credit Risk Management Committee meetings and watch list committee meetings and provides meaningful input into risk appetite discussions, portfolio management and collections strategies as well as detecting and evaluating shifts or changes in key risk parameters and the effects of such changes on portfolios and relationships.

Problem Solving:

  • Identifies business needs and existing credit strategies and interprets these into operational reality.
  • Constantly challenge established thinking and to facilitate constructive discussions that lead to continuous improvement in operating processes.
  • The ability to balance competing business needs with risk mitigation requirements.
  • The ability to apply appropriate risk mitigation techniques to improve the bankability of marginal proposals.
  • Ability to evaluate the risks/reward of each credit facility application and supporting information, taking into account broad industry risks, total bank exposure to specific industries, and the risk and profile of the counterparty applying for credit.
  • Manage the cross-functional conflicts that may arise in the course of working with the business teams.
  • Builds relationship with Relationship Managers to improve and maintain business/credit relationship.

Portfolio Management:

  • Effective management of the zonal portfolio to deliver the desired result along asset growth, risk, delinquency and cost containment.
  • Ensures that all internal and external reporting is completed accurately, on time and that appropriate value adding insights into the portfolio are provided so that both internal and external users of information have a deep and appropriate insight into the quality of the portfolio and the appropriateness of the processes
  • Ensure there are effective controls in place to rectify any identified gaps/risks in the portfolio.

Credit Committee Secretariat Management:

  • Prepare minutes of  Credit Committee meetings within 48hours of every meeting
  • Ensure all approved facilities are sanctioned in line with the terms of approval of the committee
  • Effective monitoring of all credit committee action plans; timely reporting and escalation of all breaches.

Qualifications and Experience

  • First Degree in Finance, Accounting or General Social Science
  • Professional Qualifications such as ICAN, ACCA, CIBN, FRM etc would be an added advantage
  • Minimum of 7 years experience in Risk Management, out of which five years must be in a credit related role.

How to Apply
Interested and qualified candidates should:
Click here to apply online


Important Notes

  • The above statements are intended to describe the general nature and level of work to be performed by people assigned to it.
  • They are not to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
  • All personnel may be required to perform other responsibilities in addition to those specified from time to time, as needed.
  • We do not charge any application, processing, training, interviewing, testing or other fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it.
  • Furthermore, please note that emblems, logos, names and addresses are easily copied and reproduced. Therefore, you are advised to apply particular care when submitting personal information on the web.
  • We are an equal opportunity employer and value diversity inclusion. We do not discriminate on grounds of colour, race, nationality, religion, age, ethnic origin, disability, gender, marital status, or sexual orientation in our employment practices
  • Our people are all equally gifted in unique ways: we come from diverse traditions, personal experiences and points of view. And we want to include yours, Are you ready to inspire us with your ideas?
  • We encourage all applicants to apply and does not practice any discrimination in any recruitment process.
  • Applications submitted after the deadline will not be considered.
  • Due to the urgency of the position, we have the right to recruit a candidate who matches the required profile before the above deadline
  • Only qualified candidates will be invited for interview

Please Note: 

  • PINNACLE REPORT Is A Nigeria Online Media Platform, That share daily updates on available Jobs, vacancies, local and international scholarships, Government/international organization loans and grants.
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Stanbic IBTC Bank 2022 Job Recruitment

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