Job Description

Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities - plus the chance to work alongside some of the sector's most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We're passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.



To improve Reconciliations and Settlements maturity and operational processes for a defined subset of countries within Africa Regions, across all segments and products, mitigating the risk exposure to the Group. To provide specialist input and subject matter expertise to country leadership with the view to shape, influence, support and embed the optimal development and implementation of Country solutions.

Qualifications

Qualifications:

• A in Degree Business Commerce, Finance and Accounting Required.

• Advanced knowledge and experience at a financial institution, including an understanding of Payments products, processes, and procedures.
• Knowledge of the foreign exchange market and processing cross border payments, as well as and understanding of the risks associated with managing transactions in multiple jurisdictions.
• Relevant reconciliation experience and a thorough understanding of systems, processes, and procedures to perform and manage recons.
• 1-2 years Knowledge and practical experience with using relevant MS Office programmes and systems including Intellimatch, BizWize or other reconciliations systems. Experience within Banking Operations environment.

• Promote and communicate the standards, processes, and practices to ensure measurable improvement in the reconciliations capabilities in country. Shape and manage the delivery of strategic initiatives for Reconciliations for a subset of countries within Africa Regions (and/or BU) enabling business transformation, business process improvement, productivity, and capacity optimisation by leveraging deep expertise. Act as the Reconciliations subject matter expert to provide thought leadership and advice to senior leaders across countries on best practices and processes to ensure continuous improvement and maturing of the reconciliations capability.
• Engage the business on an on-going basis to build a continuous business improvement culture across the leadership and delivery teams in country and provide the necessary collateral, upskilling and advisory support to deliver execution excellence Identify, investigate, and report on all trends and anomalies to facilitate the required remedial action has been taken and advise on recommended best practices to be adopted and monitor accordingly. Identify operational risks and provide advice to country management to remediate operational issues, losses and mitigate risks to the Bank or any impact to the client Design, develop and optimize innovative and comprehensive end-to-end solutions with the view to address the Reconciliation and Settlement risk/issues in Country and influence as well as enable the business to adopt and lead the implementation Monitor and measure the impact of Reconciliation and Settlement programmes and projects across Africa Regions to mature the capability and improve the risk posture.
• Lead and position the change imperative to take the business along on the required transformation in manner that is supportive to nuances in country and facilitate a high implementation adoption and success. This will assist to embed the a sustainable and impact change within the country practices.
• Drive and manage appropriate Settlements and Reconciliations governance standards, methodologies, procedures, frameworks and processes to ensure appropriate compliance and reporting.
• Drive the implementation of all new/existing standards, processes and procedures for Reconciliations and Settlements by overseeing the update of all necessary documentation and the implementation of the required training to realize the objectives of skills development and ensuring continuous relevance and updating of appropriate knowledge repositories e.g. GRG, Toolboxes, training material etc. Review and monitor daily dashboards to ensure adherence to the minimum reconciliation standards on the respective tools (e.g. Bizwize, Intellimatch etc).

• Adopting Practical Approaches
• Checking Details
• Convincing People
• Documenting Facts
• Embracing Change
• Examining Information
• Following Procedures
• Interacting with People
• Making Decisions
• Providing Insights
• Taking Action
• Team Working

• Automation Acumen
• Cash Reconciliation
• Continuous Improvement
• Data Measurement
• Evaluation of Internal Controls
• Operations Risk Management
• Process Analysis and Redesign
• Process Governance
• Process Management
• Project Management (Project Mgmt)
• Reconciling Financial Records
• Risk Management
• Stakeholder Management

Standard Bank