• Asset Custodian at Standard Bank Group

  • Posted on: 7 July, 2017 Deadline: 11 July, 2017
  • View Jobs in Banking / Financial Services View All Jobs at Standard Bank Group
  • Subscribe to free job alerts
  • If you have not been getting our emails, check your Spam folder folder on Yahoo or Promotions tab on Gmail; mark us as Not Spam and add us to your contact list. Learn how to

    The Standard Bank of South Africa Limited is one of South Africa's largest financial services groups, operating in 20 countries across Africa and other key markets around the world.

    Asset Custodian


    Job Purpose

    Control treasury cash, blank forms, safe custody items and duplicate keys.

    Assess and understand the risks associated with the control and changes in the custody of assets and maintain an effective system of controls in order to reduce the overall exposure and thereby minimize risk.

    Maintain a high level of integrity and ethical standards

    Key Responsibilities/Accountabilities

    Asset custodianship

    • Ensure that laid-down instructions for the handling and movement of treasury cash to and from tellers and SBV are adhered to.
    • Ensure that current stock of blank forms received is recorded and signed for according to laid-down procedures.
    • Ensure that record keeping is carried out according to laid-down instructions for treasury cash, blank forms and safe custody items.
    • Ensure that swept deposits are correctly handled in terms of the laid down instructions.
    • Ensure that all Irregular Items have been actioned before the end of the day.

    Monitoring of cash holdings

    • Ensure that cash holdings do not exceed prescribed limits.
    • Ensure that sufficient cash levels are maintained to meet normal customer requirements

    Legislative prohibitions

    In terms of the Financial Advisory and Intermediary Services Act No 37 of 2002, (the Act) no staff member is permitted to provide any advice or intermediary service to a customer, in terms of a financial product, as determined by the Act, unless they have been appointed as a Representative of a licensed Financial Services Provider.

    In your current position you are not an accredited representative in terms of the Act, and are therefore prohibited from giving any advice or intermediary service to a customer in terms of a financial product, as determined by the Act.

    Preferred Qualification And Experience

    • Degree from a recognised University
    • Institute of Bankers or related qualification would be an advantage.


    • 2 – 3 Years branch banking experience, with exposure to telling and safe custody.

    Knowledge/Technical Skills/Expertise

    • Comprehensive knowledge of bank’s laid-down instructions regarding treasury cash, blank forms and securities as related to the job.
    • Knowledge of the NDS System in relation to own department.
    • Knowledge of the Code of Banking Practice.
    • Understanding of the impact and inter-relatedness of the services provided to branch staff and customers.

    Method of Application

    Interested and qualified? Go to Standard Bank Group career website on careers.peopleclick.eu.com to apply

    Have you ever wondered what people doing similar jobs in different companies and industries earn? Contribute anonymously to Kenya's No. 1 Salary Database. Join MySalaryScale.
  • ❮ Back to All Jobs
  • Know more about Standard Bank GroupSimilar Jobs
  • Search for jobs by keyword
  • Accountant at Lee & Myles Consulting Limited
  • Senior Manager at KCB Bank
  • Internship at RAFODE LTD
  • Job Opportunity at Standard Bank Group
  • Job Vacancy at Sanlam Investments East Africa (SIEA)
  • Hardware Engineer at National Bank of Kenya
  • Executive Driver at Kava
  • Job Opportunities at Co-operative Bank of Kenya - 2 Positions
Advertise your training programs and courses on MyJobMag
  • Filter Jobs
  • County | Search by region instead




    Also include jobs without defined experience

    Job Title

Display your company or industry jobs on your website or blog Get Started
  « 1 Recently Viewed Job
Send your application through

Yahoomail Gmail Hotmail