Summary
Date Posted: Tuesday, March 29, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Governance and Control Support Officer
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary
• To support the Governance and Control Manager in managing issues on governance and compliance. Also acts as liaison with Compliance Department on Compliance, control, and regulatory issues
• The Jobholder will be responsible for reconciliation of all Corporate Banking profit and loss and balance sheet accounts; providing a check on product account owners to ensure account balances are substantiated and reconciled as appropriately in a timely manner
• Escalate exceptional items picked during daily reconciliation to the Governance Manager and Finance Business Partner
• The Jobholder will primarily be responsible for supporting the Governance Manager with the monitoring and enforcement of the control framework, making recommendation on continuous improvement of the overall control environment, and positively driving business performance
• Supports the Governance Manager in running Corporate Banking KYC, support unit.
• Prepare and issue team circulars and communiques within Corporate Banking relating to all control and governance information.

Job Description
Risk Management
• Escalate key control frame works to adapt the changing business needs
• Partner with Regional control/Governance teams in performing risk and control reviews
• Coordinate submission month end reports to support units
• Assistant Governance Manager in tracking or risk and issues logs and ensure remediation with stake holders
• Support the Governance Manager in ensuring the BCM plan is updated and actioned
• Ensure correct segment and portfolios alignment
• Interpret Bank policies and procedures and ensure that all team members comply
• Track and challenge team managers to timely close remediation and audit findings
• Escalate key control frame works to adapt the changing business needs
• Partner with Regional control/Governance teams in performing risk and control reviews
• Coordinate submission month end reports to support units
• Assistant Governance Manager in tracking or risk and issues logs and ensure remediation with stake holders
• Support the Governance Manager in ensuring the BCM plan is updated and actioned
• Ensure correct segment and portfolios alignment
• Interpret Bank policies and procedures and ensure that all team members comply
• Track and challenge team managers to timely close remediation and audit findings
• Co-ordinate KYC, AML and sanctions screening reviews to ensure compliance
• Provide support in conducting RCSA testing and review refreshes
• Support Governance Manager as a mediator for risk issues with the function and cross functionality
• Ensure that reconciliations are done per banks’ laid down procedures and unresolved outstanding items reduced to a minimum.
• Ensure submission of the weekly control dashboard to the Governance Manager
• Draft and Submit Control reports to Control forums and ensure that all actions are actioned timely.
Reconciliation of Internal Accounts
• Daily reconciliation of applicable suspense, P&L accounts and balance sheet accounts
• Provide daily MI of exceptional items identified during reconciliation
• Investigate and follow up on all reconciliation of outstanding items
• Escalate items at risk to the management team
• Review reconciliation process and recommend process improvement
• Provide an independent check for UN07 reconciliations for the Corporate Service Centers
• Ensure Consigno attestations and all UN07 reconciliations are submitted on time with all supporting evidence attached as per policy requirement
• Work with Head Transactional Banking to validate transactions processed for income validation purposes
• Investigate and validate all manual transactions on Profit and Loss and Balance sheet accounts business outcomes are achieved.
• Have a robust stakeholder management approach in order to effectively monitor and enhance the control framework in response to the changing business environment.
• Flag and report income leakage identified during reconciliation process.
• Co-ordinate periodic snap checks and quality assurance checks
• Co-ordinate and supervise KYC, AML & Sanctions screening reviews to ensure compliance.
• Ensure correct segment and portfolio alignment
People Management
• Establish working relationships with key teams for smooth management of operations; this includes but not limited to:
• Compliance, Product, Customer Service, Finance, Reconciliations, Treasury and Corporate Credit
• Assist the development of reconciliation process for new product developments where required
• Help review existing implementation processes, develop and communicate best practices to maximize efficiency
• Pick out focus themes and issues from other countries and regional audits ,formulating best practice ,sharing sessions that proactively address and build rigor around identified audit/Compliance concerns

Education
Higher Certificates and Advanced National (Vocational) Certificates: Business, Commerce and Management Studies (Required)

Job Experience: No Requirements

Work Hours: 8

Level of Education: High School

Job application procedure
Click here to Apply Now

All Jobs

QUICK ALERT SUBSCRIPTION