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Officer, Nostro & Central Bank of Nigeria Reconciliations

Standard Bank Group

Posted 4 months agoLagos, Nigeria

Location

Lagos, Nigeria

Job Type

Full-time

Experience

Mid-Level

Category

Banking & Finance

Job Description

To support the Team Leader, Prompt reconciliation of Nostro, CBN & Blotter to Nostro accounts and other aligned functions to ensure that there are no long outstanding items and to meet regulatory demand. Daily reconciliation of Nostro, CBN and Blotter to Nostro accounts (Net Open Position-NOP). Daily monitoring and follow-up on the Aligned Units: SISL, IS and GMO accounts for resolution of non-conforming items. Accurate matching of entries using Clirec Web Based Application. Achievement of strategic goals (Unit / individual goals). Compliance and improvement on turn- around times (TAT) on delivery of reconciliation reports. Number of ageing items on Nostro / CBN/ NOP accounts. Identifies and defines operational performance metrics geared towards meeting country objectives by analysing the existing gaps. Identifies and assesses the risks facing both systems and business processes thereby providing effective loss and risk management and so minimising the operational risks.
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Requirements

  • Behavioural Competencies:
  • Generating Ideas
  • Interacting with People
  • Managing Tasks
  • Thinking Positively
  • Upholding Standards
  • Valuing Individuals
  • Technical Competencies:
  • Banking Process & Procedures
  • Compliance
  • Data Management (Administration)
  • Data Quality
  • Financial Accounting
  • Financial and Accounting Control
  • Financial Systems Administration

Responsibilities

  • BSc Accounting or related field.
  • Professional Certificate (ACA /ACCA, MBA ) Accounting, Finance, Banking & Management can be an added advantage.
  • Experience
  • 2-3years general audit and banking experience.