Stanbic IBTC Recruitment 2022/2023 Application Form Portal –

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Stanbic IBTC Recruitment 2022/2023 Application Form Portal –

Are you among those who likely asked when is Stanbic IBTC Recruitment 2022 application form coming out? if yes you are in the right page, all you need to do is to follow the application guideline below and apply for the available vacancies. Apply for the ongoing Stanbic IBTC Bank Recruitment 2022. The application form is available at the Stanbic IBTC Recruitment portal –

Stanbic IBTC Recruitment

The general public is hereby advised to be wary of fraudulent advertisement of the Stanbic IBTC Recruitment on any portal different from the above and of any demand for money in whatever guise. Application for the positions is absolutely free and all processes attached to the recruitment exercise shall be in accordance with established parameters. Members of the public are therefore urged to report to Stanbic IBTC any demand for money or other favours by anyone including officials of DCSL Corporate Services Limited.

Advertisement of the recruitment exercise on any unauthorized portal and demand for money will be investigated and persons found culpable will be prosecuted.

Stanbic IBTC Recruitment Job Positions

We are recruiting to fill the following positions below:

1. Relationship Manager, Client Coverage (Oil & Gas)

Job ID: 46821
Location: Lagos
Job Sector: Banking

Job Purpose

  • Define and execute strategic client plans that will ensure the development of strong business relationships and the delivery of profitable and integrated Standard Bank products and services, with the purpose of ensuring client profitability, increased revenue, risk optimisation and consistent service delivery
  • This is a relationship management role which could be for either the non-bank financial institutions (NBFI), Consumer or Power & Infrastructure sectors.

Key Responsibilities/Accountabilities
Develop and execute client strategic plan:

  • Lead the development and execution of strategic client plans and client solutions in alignment with the sector strategy (together with the core Client Service Teams) and manage and drive the implementation of client plans. Client plans developed and implemented.
  • Continuously research and analyse the clients’ business context, operations and financial performance. Discuss current and future business opportunities with clients, and therefore position Standard Bank as a strategic advisor.

Formulate and manage Client Service Teams:

  • Identify individuals best suited to meet the client’s needs across products to form part of the core Client Service Teams (Client Service Teams) (i.e. based on client opportunity and to be reviewed regularly). Client service teams formed and properly directed to service the client effectively.
  • Manage Client Relationship Teams across relevant geographies (when applicable) by ensuring that individuals are clear on their contribution and expected outcomes. Client service teams properly informed and clear on their responsibilities and accountabilities.
  • Leverage, engage and collaborate with the Bank’s internal network to ensure that all the Bank’s relevant expertise is brought to bear in every client interaction, robust and stable client service (in partnership with business lines) is maintained, client results are delivered and that any impediments to client delivery are overcome through the availability of credible internal resources to build and leverage strong long-term relationships with the client’s key decision makers
  • Virtual teams collaborate to share relevant expertise and deliver the best suited solution to the client.
  • Regularly communicate client strategic opportunities to the extended CST, and lead effective communication sharing within the CST.
  • Broad and effective client stakeholder relationship management, coordination and monitoring across each client contact point.
  • Drive the co-ordination and communication of client information, activities and opportunities through effective CST interaction and use of

Coordinate client deliverables and manage Client relationships:

  • Develop critical relationships with client decision makers and regularly define and communicate commercial opportunities for new and existing clients of SB. Personally maintain and deepen client relationships at the appropriate level and foster long-term client interest.
  • Oversee the execution of client activities in line with developed strategic client plans. Implementation of the client strategic plans.
  • Develop and align detailed client marketing plans (with inputs from the GM, TPS, Risk and IB coverage) and drive the client’s pricing and ROE (including relevant drivers e.g. risk grade, industry outlook, etc.). Ensure overall client profitability.
  • Coordinate relevant programmes for each client (including entertainment and economic/sector road shows) and participate in key decision making activities by the client to ensure that the bank is included in any request of advisory and financing services. Positioning of Standard Bank in the client’s environment as the preferred advisor.
  • Develop in-depth knowledge of the client’s strategy, business, financial performance, industry outlook/trends, specific sector knowledge and general macroeconomic issues and trends in the country and other relevant geographies and ensure that this is transferred to the relevant internal stakeholders. Proactively respond and anticipate client requirements.
  • Ensure the administration and analysis of the Client Service Surveys, as well as the implementation of focused action plans needed to address the gaps identified. Ensure that gaps identified are addressed and that there is improvement in levels of client satisfaction.

Provide sector strategy support and input:

  • Support the Global and / or Sector Head in the overall management and coordination of the client relationship and client/sector strategy including the provision of input into the strategic direction and value proposition of Standard Bank. Client support aligned to the sector or client strategy and business development approach.
  • Maintain detailed and current understanding of external markets (at country, sector and client level) to ensure that new opportunities for the bank are capitalised and threats are quickly identified.
  • Deep understanding of the industry’s market environment and opportunities and continuous assessment of competitor landscapes, threats and commercial opportunities for the client.

Manage and drive Financial Performance and Portfolio Management:

  • Drive and own annual budgets together with product houses and monitor actual performance against budget, drive product cross- sell and client profitability.
  • Manage overall client cost and revenue including the monthly tracking of revue contributions per client as well as the understanding of key drivers and variances to proactively respond to threads of reducing opportunity.
  • Conduct and Optimise client and portfolio risk-adjusted portfolio ROE and CRCOC (against prior year and budget) analysis, Cross Sell Ratio for portfolios, portfolio credit losses and write-offs, pro-active portfolio management resulting in zero losses in the portfolio (including excess management and facility compliance), portfolio actual revenue and net profit growth analysis and pro-active management of the portfolio pipeline and activities using the appropriate tools.
  • Improve sustainability and efficiency of portfolio revenues by maximising share of wallet and cross sell ratio per client
  • Proactive portfolio management, business origination and development within the Portfolio and effective timeous management of the portfolio deal pipeline.

Drive Credit and risk management:

  • Drive and provide input to timeous preparation, review, sign-off and motivation of PCC and credit paper submissions (managing end-to-end credit process including facility letters, regularisation of conditions, etc.) and optimally allocate credit limits and manage exposures across product and geography.
  • Act as the “first line of defence” as required by the Credit Standard.
  • Ensure portfolio compliance with risk management frameworks (Credit, Legal & Regulatory)
  • Ensure understanding

Maintain Knowledge of products, services and capabilities are across the bank:

  • Maintain a proficient knowledge of products, services and capabilities across the bank (in all relevant geographies and sectors) to ensure relevant and informed client conversations.
  • Leverage research products offered by the bank for the client’s advantage and focus on enhancing cross-selling opportunities and originating profitable transactions in conjunction with the product areas.
  • Develop, share and exhibit a deep understanding of clients’ strategic objectives, their business and the markets within which they operate, in order to add the right value.
  • Maintain a working knowledge of Standard Bank’s strategy, footprint and capabilities to ensure relevant and informed client conversations

Comply and conduct routine activities:

  • Conduct set routine activities such as, produce monthly reporting, reviewing of pricing, interests’ rates, etc. Ensure the accuracy of the data in the system.
  • On an annual basis, review the pricing concessions. – Ensure that the price has been approved by the pricing committee and the client has been advised accordingly.

Enable Client Deals by reviewing client base:

  • Ongoing review of client base for potential High Risk clients.
  • Guide the development and review credit paper for submission to the Pre- Credit Committee (PCC).
  • Guide the development and review appropriate documentation to complete annual credit review.
  • Act as escalation point for any identified risks.
  • Consistent client deal enablement at required standard.

Preferred Qualification and Experience

  • Undergraduate qualifications in Finance, Economics, Accounting or other relevant Degree or NQF equivalent. Other relevant qualifications including post graduate qualifications such as an MBA is considered a bonus
  • Minimum of 5 years of relevant experience.
  • Minimum of 3 years experience in the client service environment.
  • An additional 3 years within the credit or product environment is considered an advantage.

Knowledge / Technical Skills / Expertise

  • Leadership Competencies
  • Customer and Client-Focused Innovation
  • Leading Courageously
  • Seeking Deeper Understanding
  • Aligning Business to Strategy
  • Inspiring Performance for Execution
  • Holding People Accountable
  • Growing Capability
  • Purposeful Collaboration.

Application Closing Date
Not Specified.

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

2. Fund Reporting Analyst – SIAML

Job ID: 47054
Location: Lagos (Lagos Island)
Job Sector: Banking

Job Details

  • Asset Management

Job Purpose

  • The main purpose of the Fund Reporting Analyst is to execute the day to day accounting functions of the managed funds of SIAML. These functions include keeping proper accounting records, reconciliations, valuations and generating fund prices, rendering returns to regulatory authorities.
  • The Analyst, Fund Reporting is also expected carry out the financial reporting and financial accounting functions of SIAML managed funds thereby ensuring that reports generated are in accordance with local and international accounting and regulatory guidelines.
  • A successful execution of the job steers the generation of valuation for the mutual funds, provision of reports to the Securities and Exchange Commission as well as preparation of the financials for the mutual funds.

Key Responsibilities / Accountabilities
Generate valuation for the respective mutual funds being managed by Stanbic IBTC Asset Management Limited (‘SIAML”):

  • Postings of journals and settlement transactions
  • Generation of valuation reports of the respective managed funds
  • Distribution of the valuation reports to stakeholders
  • Saving of valuation reports

Maintaining the General Ledger for the Mutual Funds:

  • Daily posting of entries into the General Ledger of the Mutual Funds
  • Daily reconciliation of the Valuation reports against the General ledger
  • Daily sign-off of such reconciliation

Timeliness in preparation of the audit schedules and the audited financials for the respective funds:

  • Execution of relevant and applicable financial reporting standards and assessment of their impact on current processes and procedures
  • Providing support towards planning and coordination of audit engagements for the respective managed funds and portfolios
  • Execution of the applicable financial reporting standards
  • Preparation of the audit schedules and financial statements
  • Engage the external auditors and participate in the timely completion of the statutory audits

Proactive in dealing with technical issues arising from changes in reporting framework and standards:

  • Contributing to the activities and development of the Fund Reporting team
  • Escalate all issues and challenges affecting the team and the output they produce to the Head, Fund Reporting and engage the Technology team to resolve them
  • Provide technical and financial advice to other units and departments thereby assessing the impact of current processes and reporting activities


  • Preparation of returns to the Securities and Exchange Commission (monthly, quarterly and half yearly)
  • Adhere to compliance with all the local statutory and regulatory filings, financial and management reporting.
  • Ensure that all matters relating to financial accounting, management accounting, taxation, balance sheet and capital structure management, market risk analysis and management and regulatory reporting are executed in accordance with Generally Accepted Accounting Principles, the Group’s accounting policies and other regulatory guidelines

Preferred Qualification and Experience
Qualification and Experience:

  • Bachelor of Science or equivalent Honours degree in Economics; Accounting, Finance; Actuarial Science, Statistics, Banking & Finance or any related field.
  • Professional qualifications such as ACA, ACCA will be an added advantage
  • Minimum of 2 years experience in Financial Reporting

Knowledge / Technical Skills / Expertise
Technical Competencies:

  • Financial and Accounting Control
  • Financial System Administration
  • Asset Management
  • Interpreting Financial Statements
  • Preparing Financial Statements
  • Financial Accounting

Application Closing Date
Not Specified.

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

3.) Team Lead, Accounts Payable

Job ID: 46372
Location: Lagos (Lagos Island)
Job Sector: Banking

Job Details

  • Finance: budgeting and forecasting, creating interim and annual financial statements, facilitating internal mergers and acquisitions, as well as dealing with analysts and investors.

Job Purpose

  • To undertake all functions associated with recording, reviewing and reconciling payments and GL accounts.

Key Responsibilities / Accountabilities
Key Responsibilities:

  • Review and post all transactions prior to posting on the system  for payments for items or services procured on behalf of Stanbic IBTC group,
  • Ensure vendors are paid timeously, correct amounts are paid and accounts are accurately allocated with proper authority obtained.
  • Review prior day transactions of other team members
  • Reconcile daily and prepare proofs of, the 3 ACB interface accounts, Cash advance GL, GL 2808000, 5205004, 5119008, the IC receivable and payable Accounts and other specific suspense accounts used by the team, ensuring the outstanding amounts <3days old,
  • Ensure up-to-date Intercompany billing and follow closely on payment on a monthly basis.
  • Review and reconcile the prepayment accounts while ensuring accurate amortization and that there are no un-amortised amounts.
  • Monitor, prepare (where applicable) and post accruals for unpaid invoices as advised by business units and ensure adequate provisions and month end allocations are made as applicable before close of each month.
  • Ensure smooth run of month end activities, support and manage/monitor team in all month-end processes to ensure deadlines are met and there are no disruptions to day to day and month end activities

Preferred Qualification and Experience
Qualification and Experience:

  • BSc in Accounting, Economics or a relevant field.
  • Minimum of 5 years’ experience in a finance department. Preference will be given for those who have worked in a financial institution.
  • ACCA, ACA, CIMA, Dip IFRS or relevant Accounting/Finance qualification is required
  • Computer literacy and knowledge of personal computers and software packages MS Excel, MS Word, MS PowerPoint. Working knowledge of SAP & Finacle Core is an added advantage.

Knowledge / Technical Skills / Expertise
Technical Competencies:

  • Financial and Accounting Control
  • Interpreting Financial Statements
  • Preparing Financial Statements
  • Understanding IFRS
  • Financial Consolidation
  • Reconciling Financial Records

Application Closing Date
Not Specified.

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

4. Client Analyst – Client Coverage (Oil & Gas)

Job ID: 43147
Location: Lagos
Job Sector: Banking

Job Purpose

Conduct on-going research and analysis to enable the Relationship Managers to fully understand the clients’ business, context, and identify potential business opportunities for the bank.
Interpret the research findings and analytics
Make recommendations regarding potential opportunities or risks so that the Relationship Manager is able to proactively identify solutions or mitigate commercial risks

Key Responsibilities / Accountabilities
Client and Industry Research and Analysis:

Conduct research on clients, their business, operations and performance, as well as trends in their specific industries at the request of the Relationship Managers
Up-to-date and on-going client and industry information, which can be used to identify opportunities and risks.

Client Relationship Management:

Compile and analyse information regarding sales activity and business pipeline. Provide the Relationship Managers with analysis that can be used to inform their account management plans
Interact and liaise with clients with the purpose of providing or requesting information, to assist in the deal execution and/or gathering critical information for the bank
Provide on-going assistance to Relationship Managers in the implementation of the agreements.

Information Management:

Ensure that the client information is updated in all the relevant information systems, and when out-dated, liaise with clients to gather the updated information
Updated client information that can be used for analysis and marketing purposes
Compile and analyse reports on client profitability, product profitability and provide input to the budget planning and performance management process
Ensure updated and accurate information that can be used for budget planning or performance analysis.

Support the Credit Process:

Support RMs in the credit process including credit applications, PCC (paper preparation), excess management, compliance related issues to achieve zero write-off of debt, zero operational loss issues and other relevant workflows between credit and coverage
Assist in conducting an efficient credit process.

Client Deal Enablement (Note that it is the decision of the Client Coverage Head that either a new role is defined / current one extended for the New Business Approval Committee and Client support functions that CB will provide for all CIB clients across product/business lines):

On-going review of client base for potential HighRisk clients. Consistent client deal enablement at required standard
Develop and prepare credit paper for submission to the Product Credit Committee (PCC) in conjunction with Relationship Manager
Develop and prepare appropriate documentation to complete annual credit review in conjunction with the Relationship Manager.

Preferred Qualification and Experience

Bachelor’s Degree in Business or Business related field.
A Postgraduate Business Degree will be considered an advantage.
5 to 7 years in the Banking, Financial Services or Business Consulting.
Experience in conducting research and analytics, supported by strong computer proficiency skills.

Knowledge / Technical Skills / Expertise:

The job holder should as a minimum have the following traits / abilities and personal characteristics good verbal communication
Ability to express ideas, analysis, findings, formulate recommendations
Ability to work under pressure and to tight deadlines
Ability to handle, manage and resolve conflict within the unit and across the Debt Solutions Division
Good numerical ability
People management skills
Team player
Ability to retain optimism despite setbacks

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online
5. Database Administrator

Job ID: 46811
Location: Lagos Island, Lagos
Job Sector: Banking

Job Details

Information Technology: systems development, business analysis, architecture, project management, data warehousing, infrastructure, maintenance and production

Job Purpose

The Database Administrator is responsible for the day-to-day operations and maintenance of Databases.
The Database Administrator carries out responsibilities in some or all of the following technical areas: Creating and maintaining all databases required for Production, Disaster Recovery, development and testing usage, Performs ongoing tuning of the database instances, Plans and implements backup and recovery of databases, Setup and maintenance of online replication of data from Production to the DR environment, Monitor and advise management on licensing issues while ensuring compliance with Oracle License agreements, Proactive Production Database monitoring across database platforms.
Performing in conjunction with system administrators, the capacity planning required in creating and maintaining the various databases for the use of the Bank.
Performs failover of databases as required for disaster recovery.
Ensures space availability for database growth.

Key Responsibilities / Accountabilities
Improve customer experience:

Achieve a minimum annual Business Survey (i.e ISS) rating of 8 out of 10
Ensure not more than 5 significant incidents occur every week
Achieve an IT User Survey score of 7 out of 10
Ensure closure time within 90% of agreed SLA for significant and general complaints
Ensure service availability meets agreed targets
Achieve a Remedy satisfaction survey rating of 3.5 out of 5

Develop a cost containment culture:

License & Maintenance
Staff Printing.

Establish a control framework that guarantees visibility and reliability of our franchise:

Satisfactory Audits (Internal & External)
Resolve exceptions before due dates
Ensure there is no vulnerability
Emergency changes should not exceed 10% of total changes
Successful DR exercises.

Implement efficient and timely projects and changes to support key business objectives:

Achieve 80% close out sign offs on pre-agreed deliverables (time, scope, cost) by all relevant stakeholders
Score 90% on post implementation survey (conducted within a minimum of 3 months after project closure)
Respond within 24hours to engage relevant parties once a work request is raised

Qualifications and Experience

Minimum of first degree or its equivalent in Numerate or Semi-numerate disciplines such as engineering, actuarial sciences, statistics, mathematics, computer science etc.
Preferably certified in OCP, ITL v3
Minimum of 3 years post qualification experience in a similar or related position.

Technical Competencies:

IT Operations
Technical Analysis
IT Knowledge
Database Administration
IT Systems
License Management.

Application Closing Date
Not Specified.

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

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