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  • Posted: Apr 16, 2024
    Deadline: Not specified
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    Standard Bank Group is the largest African banking group by assets offering a full range of banking and related financial services. "Africa is our home, we drive her growth” Our vision is to be the leading financial services organisation in, for and across Africa, delivering exceptional client experiences and superior value. This sets the prima...
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    Officer, Asset Servicing

    Job Description

    Job Purpose 

    • Responsible for actual accurate settlements of all securities (Equities, Fixed Income & Money Market trades) while ensuring that all trade settlements are settled in convention with the market rules and directives and procedures
    • Responsible for identifying and processing corporate actions and proxies on behalf of custody clients.
    • Responsible for the overall functions of Reconciliation, Portfolio Valuations, Reporting and Billing in convention with the market rules, client directives and procedures
    • Responsible for securities and CSD account opening and maintenance

    Key Responsibilities

    Efficient and Effective Delivery in business unit

    • Understanding the overall Bank Strategy and how Investor Services Operations fits into the Bank’s strategy.
    • Ensure that we meet clients’ requirements, as stipulated in their ‘Service Level agreements’, by maintaining flexibility where necessary, but also taking risks into consideration, at all times.
    • Set clearly defined standards based on KRA’s, in conjunction with line Team Leader and continuously monitor, control, and update procedure manuals, Job Descriptions, process flows and Risk Framework.
    • Keep abreast of best practices (locally and internationally) and make appropriate recommendations within the production area
    • Collaborates with other areas to ensure that best practices and a standard approach is followed.
    • Getting the basics right always.
    • Providing timely response to all the queries received in order to help meet client expectations.

     Optimise the risk profile in the business units

    • Limit potential losses to the bank by ensuring that laid-down processes and procedures are adhered to;
    • Reconciling all suspense and operational accounts under the assigned units at required frequencies and that reconciling items are dealt timely and correctly;
    • Recovery of revenues in a timely manner for the services rendered.
    • Provide relevant, accurate and timely reporting to the management, governance committees and the regulator as and when required.
    • Participate in the   periodic review of the Service Level Agreement between business units, Stanbic Bank Custody, Client and related Service providers to ensure that it portrays desired service realities.
    • Highlight and discuss errors with Team Leader / Manager and identify problems i.e. lack controls and/or controls not performed.
    • Ensure compliance with implemented controls and procedures.
    • Eradicate operational losses/claims by complying with procedures to avoid / reduce penalties/ losses or claims to the bank
    • Process the transactions as per the approved procedures to avoid   audit findings or operational risks relating the assigned area.

    Change Management and Continuous Improvement

    • Support business process re-engineering to ensure that processes are lean, efficient and effective through the elimination of non-value adding activities and identification of opportunities that support/drive the migration of transactions to economically viable alternative electronic delivery channels.
    • Aid in identifying high impact projects/programs/initiatives within the line of business with a view to continuous improvement. 

     Compliance Management

    • Ensure that service standards provided for in the Banking Sector Charter are adhered to.
    • Adoption within assigned portfolio of all Compliance, Anti-Money Laundering and Sanctions related requirements contained in policies, procedures and processes. This includes identifying any material compliance related breaches and escalating them to line management and the Compliance Office.

    Personal Development

    •  Meet Overall performance in line with individual and departmental KRA’s
    • Identify and drive self-development needs, plans and arrange to attend training. Apply and share knowledge
    • Attend and participate in appraisal discussions. Initiate performance discussions on a regular basis and provide continuous feedback to the Team Leader.
    • Take on additional Responsibility by making use of every opportunity to gain exposure/visibility.
    • Cross-skill within Custody operations to enhance ability to handle multiple tasks / back up roles
    • Strive to reach full potential, this will ensure job satisfaction. 
    • Take on additional Responsibility by making use of every opportunity to gain exposure/visibility.

    Stakeholder Engagement 

    • Builds and maintain credible and value adding relationships with both internal and external stakeholders.


    Minimum Qualifications

    • Type of Qualification: First Degree
    • Field of Study: Business Related 

    Other qualifications, certifications or professional memberships

    • Understanding of Custodial and investor services.
    • Knowledge of the Securities Market and related entities viz., NSE, Central Depository, Transfer Secretaries, etc
    • Banking operations experience.

    Experience Required

    • 1-2 years Basic knowledge gained in a bank or securities environment. General payments / settlements experience advantageous. Basic knowledge of operating systems (basic SWIFT) and basic Financial Markets knowledge.

    Additional Information

    Behavioral Competencies:

    • Articulating Information
    • Checking Details
    • Documenting Facts
    • Embracing Change
    • Examining Information
    • Generating Ideas
    • Interacting with People
    • Managing Tasks
    • Meeting Timescales
    • Producing Output
    • Team Working
    • Upholding Standards

    Technical Competencies:

    • Client Servicing
    • Continuous Improvement
    • Manual Deal or Trade Processing
    • Product and Services Knowledge
    • Query Resolution
    • Settlement Process
    • Settlement Systems

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    Head, Investment Banking

    Job Description

    • Develop and implement the strategy of Investment Banking in Kenya and coordinate the origination and execution of investment banking transactions in a timely and professional manner.
    • Be part of an integrated  team to ensure that the necessary processes, tools and systems are in place to facilitate the roll out and implementation of the CIB Kenya Strategy and East Africa IB Strategy.
    • To help SBG identify ancillary business opportunities in the bank’s entire value chain (specifically Global Markets, Transactional Products and Services, Business & Commercial Clients and Consumer & High Net Wealth).
    • Lead and participate in strategic projects, providing bespoke sector and country insights.
    • Professional interface between SBG, internal and external clients and government agencies.


    Minimum Qualifications

    • Type of Qualification: Post Graduate Degree
    • Field of Study: Business Commerce
    • Type of Qualification: Post Graduate Degree
    • Field of Study: Finance and Accounting

    Experience Required
    Client Solutions (IB)

    • Investment Banking
    • The successful candidate is likely to bring at a minimum 10 years’ experience within financial services and experience in executing within two Investment Banking products (or associated roles related to Investment Banking). In addition, the successful candidate is likely to possess the following attributes:
    • A reputation as a recognised industry thought leader in strategic development for banking services
    • Networked externally and adept at building upon existing relationships and using these to shape proactively the reputation of Standard Bank as a whole.
    • Can apply a high level of conceptual power to cut through complexity and establish a compelling and customer-orientated strategic frame
    • Acquired ability to work with regulators and government agencies in influencing banking thought processes as well as regulations

    Additional Information

    Behavioral Competencies:

    • Adopting Practical Approaches
    • Articulating Information
    • Challenging Ideas
    • Convincing People
    • Developing Expertise

    Technical Competencies:

    • Economic Research
    • Financial Analysis
    • Financial Industry Regulatory Framework
    • Planning, Forecasting and Budgeting
    • Quantitative Analysis

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    Administration Assistant

    Job Description

    To provide end-to-end secretarial support to an Executive(s) by acting as the first point of contact to ensure all administrative requirements are handled within the required timeframes and standards.


    Minimum Qualifications

    • Type of Qualification: Degree
    • Field of Study: Office Administration

    Experience Required
    Secretarial Services

    • Business Support
    • 3-4 years Experience in all aspects of supporting a senior persons in the management of their office or administrative requirements.

    Additional Information

    Behavioral Competencies:

    • Adopting Practical Approaches
    • Articulating Information
    • Challenging Ideas
    • Establishing Rapport
    • Following Procedures

    Technical Competencies:

    • Diary Management
    • Email Monitoring
    • Meeting Logistics
    • Procurement Process
    • Travel Arrangements

    Method of Application

    Use the link(s) below to apply on company website.


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