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Stanbic IBTC Holdings PLC is a full service financial services group with a clear focus on three main business pillars - Corporate and Investment Banking, Personal and Business Banking and Wealth Management.

Job Title: Business Manager-Investment Banking

Location
Lagos

Job Field
Administration, Secretarial, Banking

Responsibility

• To provide support to the management of Investment Banking and business heads within the IB covering
• Financial and management control including budgeting and reporting
• Risk & compliance,
• Credit-related support
• Management of relationship with internal clients such as Client Coverage, TPS, Credit, Finance and Risk management and other internal clients as may be required to effectively manage business performance.

• Provides timely and relevant client performance data and market intelligence for effective management decision making: weekly and monthly performance reports in relation to income, expenses, pipelines, key client activity, etc
• Quality control and management of all Business reporting and MIS for IB, Corp Fin and DS
• Financial Control - Performance Monitoring and Variance analysis
• Be able to gather, interpret, analyze and present both financial and non financial information
• Provide adhoc reports and presentations for IB from time to time.

• Preparation of budgets for Investment Banking and its constituent units

• Monitoring budget vs performance

• Manage the General Ledger for IB, including Cost/profit Centre codes

• Assist with the management of the IB’s financial reports and other performance management targets including revenue and costs.

• Prepare weekly and month-end reports for management use - Internal Exco purposes as well as for matrix reporting purposes

• Preparation of Presentations for performance reporting purposes

• Work with stakeholders to “project manage” agreed actions arising from management meetings

• Liaise with Finance department on recognition of income and tax related issues.

• Keep and maintain adequate records of all business performance management data.

• Invoice tracking for IB

• Liaising with Risk & Compliance on behalf of the IB

• Managing the Risk Self Control Assessment Grid and coordinating the implementation of action points in the grid

• Acting as custodian of Risk & Compliance policies on behalf of the IB and monitoring compliance with same

• Preparing risk-related reports as and when needed

• Assist in Annual Credit reviews for transactions in Investment Banking

• Track and monitor client product utilisations and revenue reporting

• Review provisioning of classified Risk Assets in IB’s loan book

• Preparing files for the annual audit process and assist in discussing, responding and reacting to comments raised by the Audit division;

• Keeping abreast of developments in the local, regional and international Financial markets;

• Ensuring all requisite administration and filing matters in relation to function are maintained and up to date;

• Assisting senior members of the IB and business heads in day-to-day work as delegated and carrying out other duties as required by the job;

• Ensuring that the policies and procedures of the bank are being followed.

• Preparing Ad-hoc financial and other reports and presentations for IB

• Liaise with IT on capturing/treatment/reporting of IB transactions on the Bank’s Banking application.