Monitoring and Reporting Fiduciary Manager

  • Full-time
  • Business Segment: Personal & Private Banking

Company Description

Standard Bank Offshore is the offshore arm of the Standard Bank Group, a leading Africa focused financial services group, and an innovative player on the global stage. Our international Banking, Lending, Investment, Fiduciary and Wealth Management services   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 and SBO is perfectly positioned to support the growth of our organisation from our office in the Isle of Man, Jersey, London, MAUs and South Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

To manage and control risk exposure arising within the International Fiduciary Services business and provide professional assurance on adherence to Business Risk Management (BRM) controls through providing specialist and administrative support for the monitoring and reporting on Fiduciary compliance and risk reports, specifically focusing on evaluating risks encountered on the core systems, related to IFS, Training and Policies and procedures, supporting the Head BRM to manage risks.

Qualifications

Minimum Qualification: 

  • Diploma in Corporate Governance
  • First Degree in Risk Management

Experience Required :

  • 3 - 4 years experience in Personal and Private Banking
  • Experience in delivering risk assurance assignments in accordance with audit and/or other assurance methodologies across a wide range/scale of business
  • 5-7 years experience
  • Extensive experience and background in Trusts and fiduciary administration related to Companies, Foundations and Trusts.

Key Outputs :

  • Actively monitor incident and breaches trends across the business, report findings, substantiated with suggested corrective actions to the Manager and Head of Business Risk Management, for review and action approval.
  • Facilitate and Implement Business Risk Management (BRM) Test Plan data and information, through drawing Client record samples, review and checking action taken against relevant policies and procedures.
  • Build and maintain sound working relationships between all stakeholders by facing challenges collaboratively, instilling open communication channels and managing expectations through regular feedback.
  • Collaborate and liaise with all internal stakeholders (Compliance, internal audit and Operational teams, etc) to ensure that business finalises the action plans; ensures evidence of the closure of the findings, keep the records.
  • Co-ordinate and investigate incidents complaints and breaches, by monitoring relevant Bank Systems and tracking status updates / action items ensuring that information is factually correct to safeguard the non-compliance and risks.

Additional Information

Behavioural Competencies:

  • Articulating Information
  • Checking Things
  • Documenting Facts
  • Examining Information
  • Following Procedures
  • Inviting Feedback
  • Managing Tasks
  • Meeting Timescales
  • Producing Output
  • Providing Insights
  • Taking Action
  • Upholding Standards

Technical Competencies:

  • Banking Process & Procedures
  • Compliance
  • Data Management (Administration)
  • Financial Industry Regulatory Framework
  • Operations Risk Management
  • Promote Good Governance, Risk & Control
  • Risk Awareness
  • Risk Identification
  • Risk Management
  • Risk Measurement
  • Risk Reporting

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