Apply for Stanbic IBTC Trustees Limited Recruitment 2022/2023

Stanbic IBTC Trustees Limited is currently recruiting interested and qualified candidates to fill the vacancies in the company. Interested candidates should kindly follow the instruction below to apply successfully.

Stanbic IBTC Trustees Limited, a subsidiary of Stanbic IBTC Bank, is recruiting to fill the position below:

Job Title: Senior Estate Planning Officer – Wills & Trust

Job ID: 64094
Location: Lagos Island, Lagos
Work Arrangement: Fully Office Based

Job Summary

• The Senior Estate Planning Officer Wills and Trusts (SEPOWT) has the responsibility of ensuring that the customer service experience of clients is constantly improved while dealing all client requests from enquires, onboarding, management and administration of their Wills as well as deceased estates.
• The scope of work also covers enquires from Trust clients – Private Trust and Stanbic IBTC Education Trust (SET)

Job Responsibilities

• Raise the level of understanding of the business thereby creating awareness about the company and its Will service and Trust offerings:
• To Grow Trust Client base to 105% of the budget by end of each year – Pitch for business generating proposals, making presentations and following through to ensure client acquisition as we focus on scaling both Wills and SET
• Review of client Wills ( individual / group scheme) and Trusts  to ensure validity and capturing of client information on the database; collection of relevant KYC documents while ensuring confidentiality at all times and attention to detail:
• Timely capture of client’s information ensuring same is valid, KYC complete and prompt notification of status of the Wills sent to client and reports to management of Wills in custody
• Ensure that all fees from clients due the company are collected as at when due and transferred to the income account:
• Timely receipt of  fees for  Will service ensuring they are accurate
• Reconciliation of  Simple Will Collection Account and ensuring that SET client subscriptions are appropriately acknowledged and forwarded to the Asset Management team for processing
• Timely reconciliation  of the  collection accounts to ensure there are no outstanding items for  both Wills and SET accounts
• Review and Liaison with Legal to ensure HNI client wishes are properly captured in their draft Wills and final draft while Trust deeds for Trusts duly capture the clients wishes
• Feedback from client interaction and the Legal team
• Educate clients about other products / services within the Group which they may find beneficial – develop a Cross sell culture as we remain the end to end financial services provider
• Sales report showing collaboration achieved
• Be innovative and develop ideas to move the company forward
• Ideas generated and implemented
• Handle Deceased Estate Administration – Simple and Comprehensive Wills to ensure timely
• Interactions at the Probate registry / PFAs/ Banks and Fund Managers to obtain grants and thereafter funds from these institutions for onward distribution to the beneficiaries in a timely manner
• Process School fees payments for deceased estates and notify appropriate parties when effected
• Speed and accuracy in dealing with transactions

Minimum Requirements

• Must possess a Bachelor’s Degree in Law or related discipline from a reputable university and Law School
• Must possess a full understanding about Trust and Estate Planning Services of a Corporate Trustee
• Proficiency in Microsoft Office Suites (Word, Excel or PowerPoint etc).
• At least 3 years preferable in a Trust company. A sponsored individual with the SEC is a great advantage
• Must possess a full understanding of Trust Services
• Strong Analytical/Numeric skills
• At least 3 years of relevant work experience in Trust structures, estate planning options  and their administration for  both onshore and offshore jurisdictions to ensure clients estate planning objectives are achieved
• At least 3 years of relevant work experience in product enhancement and communication  to ensure awareness is created around the service offerings with a view to ensuring increased subscription of the service
• At least 3 years Knowledge of the management and administration of client’s portfolios- banking, investment while ensuring that the relationship with the client  is adequately managed to ensure referral business.

Interested and qualified candidates should: Click here to apply online

Job Title: Compliance Officer

Job ID: 64226
Location: Lagos Island, Lagos
Work Arrangement: Fully Office Based
Job Sector: Financial Services

Job Summary

• The Compliance Officer is responsible for the development and implementation of compliance programs for the three entities (SIAML, SITL and SIIBL) within Wealth and ensuring these entities comply with applicable rules and regulations, policies, guidelines, codes and laws.

Key Roles

Manage Compliance Risk:

• Interpret regulations and laws that apply to the business and to provide information to business on how to comply
• Received and review subscriptions and accompanying KYC documents
• Monitor KYC positions across business entities
• Process all PEP approval requests and obtain approvals from PEP Committee
• Gather and properly document all required documentary evidence for the registration of new products and other regulatory functions
• Keeps the company abreast of recent regulatory development
• Notify the agency of change in operations, structure, trustees, registrar, and custodians
• Review new/amended Trust Deeds under trusteeship and make recommendations
• Coordinate the quarterly Investment Committee meeting
• Monitor investment guidelines as provided for in the Trust Deeds and report any deviation/exception
• Assess regulatory framework and ensure that any new developments are implemented in the businesses
• Ensures policies and standards are up-to-date and are appropriately documented
• Follow up with the Regulators for all pending applications and regulatory requests
• Ensures accurate and timely returns renditions.

Monitor continuous knowledge development regarding sectors’ rules, regulations, codes, laws, and best practices:

• Ensures that all members of the organisation act with integrity, competence, diligence, respect and in an ethical manner in dealing with all clients and partners as required by the Company’s Code of Conduct
• General & Know Your Customer Compliance Training
• Know Your Customer Compliance Tracking and enhancement.

Relationship with other Businesses:

• Maintain open communication with Heads of Businesses so as to achieve business objectives in terms Compliance Risk Management
• Provide support to Business Unit Heads, especially to ensure compliance with established policies and procedures.

Monitor Business Ethics and Conduct As Required by All Staff:

• Ensure that the company’s core values are adhered
• Provide guidance on acceptable business culture and reputation.

Delivers on business strategies:

• Take necessary steps to contribute to bottom line of the Businesses and ensure actual Performance are measured against set goals.

Minimum Requirements

• Must possess a Bachelor’s Degree in Law or any Social Sciences
• At least 3 years relevant work experience in Risk and Compliance function
• At least 3 years relevant work experience in Secretariat and Governance function
• Must have 5 years post NSYC industry experience out of which, 2 years must have been spent in Risk and Compliance function
• Understand secretariat and Governance activities preferably in Capital Market Industry.

Interested and qualified candidates should: Click here to apply online

Application Closing Date

Not Specified.

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