Governance Consultant at Stanbic IBTC Bank – TheNigerialawyer

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: Governance Consultant

Job ID: 39372
Location: Lagos Island
Job Sector: Banking

Job Details

• Governance: specialist advice about, and oversight of, the
  processes, laws and regulations governing our business,
  predominantly for directors, chief executives and executive
  committees.

Job Purpose

• To work directly with the Company Secretary to fulfil his role.
  In addition to this, the incumbent is expected to ensure that the
  Company adopts the highest standards of corporate governance; that
  each subsidiary company board is properly constituted, functioning
  properly and recording its activities

Key Responsibilities/Accountabilities
Key Responsibilities:

• Ensure that each board and all board committees function in
  terms of their mandates.
• Monitor all board papers and minutes. Maintain record of
  important agenda items such as dividends, changes in capital,
  appointment and resignation of directors, opening / closing points
  of representation, and special resolutions.
• Follow up and make sure that all necessary governance processes
  are complied with in respect of the appointment and resignation of
  directors.
• Provide induction and training to non-executive directors on
  their duties and responsibilities when serving on the board of the
  Company, in line with International Best Practice.
• Ensure all mandates and policies with relation to Corporate
  Governance are in place, updated regularly and reviewed annually.
  Where necessary obtain group approval.

Reporting Requirements:

• Ensure that annual reports are prepared and contain commentary
  on corporate governance, risk management; social and environmental
  issues and that they include reports by managing director and board
  chairman.
• Research on corporate governance-related trends.
• Maintain a register of correspondence from Regulator and other
  stakeholders; monitoring and follow up to ensure that all
  requirements are met / complied with.

Administration:

• Act as Secretary to the Board and Board Committees as may be
  assigned to me by the Group Company Secretary.
• Assist with the preparation of Section 52 and 55 Applications
  for submission to Registrar of Banks covering the formation of any
  new subsidiary companies and ensure that correct governance
  processes are followed and all necessary board and regulatory
  approvals are received and recorded. Once approved follow up and
  ensure compliance of all conditions of sanction.
• Maintain record of, and update information regarding capital;
  shareholders etc.; and ensure that copies of regulatory documents
  are held such as Memorandum and Articles of Association;
  Certificates of Incorporation; Certificates of Increase in Share
  Capital; Particulars of Directors; and Annual Returns etc.
• Attend to other specific projects as requested by the Company
  Secretary.

Key Performance Measures:

• Proper functioning of boards and their committees within their
  mandates.
• Committee secretarial services for executive committees are
  efficient and effective, and comply with the requirements of policy
  and standards.
• All reporting requirements are handled timeously and are of a
  high standard.
• Significant matters are brought to the attention of the Group
  Company Secretary; and Ad-hoc projects are completed as per project
  deliverables.

Important Relationship:

• Executive management
• Members of Executive Committees
• Immediate team members
• Individuals within business areas that provide input for the
  executive committees; and Board Meetings Group Sustainability
  Reporting,
• Group Secretarial Services and company secretaries.
• Chairmen and Non-Executive Directors of Boards of the Holding
  Company and subsidiaries.

Preferred Qualification and Experience

• Bachelor’s in Law required or relevant tertiary qualification
  with a comprehensive understanding of principles of corporate
  governance practices and conduct.
• 4 – 8 years in a banking or company secretarial
  environment
• Able to communicate both verbally and in writing. Good writing
  skills essential for minute taking

Knowledge/Technical Skills/Expertise:
Problem solving:

• The ability to source information, interpret facts and reach a
  conclusion with minimum supervision
• The ability to recommend and implement solutions
• The job requires the incumbent to be able to handle authority
  expediently, be orientated towards immediate accomplishments and to
  be a firm decision-maker
• The incumbent is expected to conduct research within the
  legislative framework both locally and within other jurisdictions
  with a view to enhancing and adopting best practices
• Needs to be independent, innovative and pragmatic
• And the incumbent will be required to adapt process and
  standards within a dynamic environment.

Planning:

• The ability to demonstrate that planning is outcomes based and
  has a structured approach
• The job requires significant attention to detail.

Decision making:

• Decisions and conclusions should be reached independently prior
  to escalation to the Group Company Secretary
• Decisions made are based on a consultative approach with
  executive management, however it is expected that solutions are
  recommended prior to consultation.

Application Closing Date
Not Specified.

How to  Apply
Interested and qualified candidates should:
Click here to apply
online^[1]