Job ID: 567131 Job Function: Finance Regular/Temporary: Permanent Job Description
To collate information from the bank’s records and ensure timely submission of regulatory returns to CBN relating to:
Invisible trade.
Letters of Credit.
Import bills.
Exports Transactions
Capital Importation.
Purchase and Sales of Foreign Exchange
Report on foreign trade credit lines to the regulators
Provide reports required for regulatory examination exercises
Support the Reporting Manager in liaison with Local Regulatory authorities
Check the accuracy of all inputs from Trade dept and the branches
Undertake key controls self assessments
To collate information from the bank’s records and ensure timely submission of regulatory returns to CBN
Up load, update and deliver all local Trade returns timely
Under the supervision of the Reporting Manager respond to and resolve all Local Trade Reporting issues
Provide relevant schedules and respond to regulatory audit queries
Be able to automate (end to end) the Trade returns and related reports made to the CBN
Provide monthly reconciliation of FX trade returns and agree same to the banks general ledger
Be up to update on changes in regulatory requirements and document a process review to accommodate such changes.
Qualifications and Skills
University Degree with a minimum of Second Class Lower
Professional qualifications in Accounting and Finance e.g. ACCA, ACA plus at least three to four years work experience in Regulatory and Financial reporting department of a financial institution.
Good working knowledge of the Local Regulatory requirements and Group Accounting practice supplemented by all round Banking experience.
Good understanding of the Foreign Exchange Manual and related Circulars
Working experience of Accounting/Banking systems and products is essential for the extraction and processing of data.
Understanding of the GL accounts is essential in assessing whether the trend of an account is irregular and requires immediate management attention.
Good communication and interpersonal skills are essential in dealings with both internal and external customer.
Ability to work in a busy and strenuous environment for long hours in order to meet set deadlines.
Apply via :
cgportal.global.standardchartered.com
