Asset Custodian (Lagos Island) at Stanbic IBTC Bank

Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa’s financial system for 150 years, and now spans 16 countries across the African continent.

Standard Bank is a firm believer in technical innovation, to help us guarantee exceptional client service and leading edge financial solutions. Our growing global success reflects our commitment to the latest solutions, the best people, and a uniquely flexible and vibrant working culture. To help us drive our success into the future, we are looking for resourceful individuals to join our dedicated team at our offices.

We are recruiting to fill the position below:

Job Title: Asset Custodian

Job ID: 57258
Location: Lagos Island, Lagos
Job Sector: Banking

Job Purpose

To ensure the availability of treasury cash, reserve and blank forms.
Ensure the availability of a fully functional cash service to tellers including the custody and balancing of vault cash, processing of vault deposits, withdrawal and handling of related reports.
Control treasury cash, blank forms, safe custody items and duplicate keys.
Understand and manage the risks associated with the custody of these items as well as the changes in the custody of assets through effective system controls

Key Responsibilities
Asset custodianship:

Custodian of treasury cash, reserve, blank forms and keys & cash
Ensure that the correct procedures for handling and movement of cash assets in the branch are adhered to.
Ensure that the correct security procedures are adhered to when cash is moved to agencies and delivered to/collected from Cash Management Unit.
Effective cash management to ensure vault approved limits are adhered to.
Receive notes and coins from tellers to be lodged into the vault.
Check physical cash received / evacuated in the presence of the Cash Management Unit (CMU) representatives.
Control Keys for container / trolley (Used for transporting cash from vault to tellers).
Assist with surprise checks of tellers.

Support functions:

Attend to branch account payments.
Issue Bank Cheques as required.
Counter sign issued Bank Cheques as required.
Reconcile all branch suspense accounts as listed below.
Attend to Cash Advance transactions.
Attend to all Records Administration issues in the branch
Attend to all issues on refunds on all closed customers accounts

ATM Custodians Support functions:

Carry out first level support (basic) on User’s workstations, scanners, or other peripherals
Resolve basic finacle issues such as applet, Invalid username/Password, or proxy exception errors, etc
Map users’ workstations to the Combo printer and ensure quality printout
Assist RIS connect remotely to systems & resolve simple LAN issues
ATM support including: simple power related issues on UPS and inverter, ATM operation support (Availability, Cash management, resolution of simple issues like cash jam, paper jam, etc)
Supervise vendors, contractors, PM engineers to ensure a good and neat work is done in the branch

Reports: