Full-Time Stanbic IBTC Bank Nigeria Job for Finance Manager: CIB

Position Description

PURPOSE OF THE JOB

? Managing the planning and the performance management process in
Corporate and investment banking (CIB)
? Facilitating strategic planning through preparation of financial
forecasts based on CIB’s business strategy
? Overall management, co-ordination and preparation of the annual
budget and periodic revised estimates.
? Performance management through analysis, review and preparation
of periodic financial reports
? Providing CIB leadership management information to support
decision making.
? The role will include the establishment and reporting of Key
Performance Indicators (KPI’s) for the Corporate and Investment
Banking business unit and the monitoring of product, customer and
BU profitability
? The prime customer of the incumbent is the CIB EXCO

KEY RESULT AREAS

Financial Planning
? To participate in setting the CIB’s finance strategy and objectives.
? Preparation of 3 year rolling forecast by taking the ideas and strategy
and translating them into meaningful financial information such as
profitability, balance sheet growth, growth impacts, and capital
requirements.
? Overall management, co-ordination and preparation of the CIB annual
business plan, capital expenditure, operating budget and periodic
revised estimates
? Challenge the plans of CIB business units and integrate those plans
into the SIBTC plan
Performance Management
? Develop and implement reporting of key CIB management information
(MI) ensuring data integrity and timely communication to relevant
managers.
? Provide MI, reporting and query resolution support to CIB, including
monthly product, customer and BU performance analysis..
? Identify areas of performance shortfall and propose corrective
interventions to CIB management team.
? Investigate variances to budget, provide explanations and
recommend corrective action.
? Drive the required business analysis and related process for making
recommendations for new performance opportunities.
? Develop and track KPIs trends and develop benchmarking processes
for CIB.
? Prepare detailed MI schedules against forecasts and KPI’s on revex
and balance sheet targets for the Relationship managers and
divisional heads
? Analyse deviations from KPIs and targets with explanatory notes.
? Prepare monthly analysis and commentary on portfolio performance,
identifying areas for improvement and corrective action.
? Prepare and present the annual budget and revised estimates for CIB
BU.
? Prepare monthly summary CIB performance reports and analysis for
submission to head office
Staff Management
? Playing a leading role in coaching and developing his/her team

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