• Asset Custodian - NNPC at Stanbic IBTC Bank

    work Stanbic IBTC Bank
    Date Posted: 2019-01-11

    Stanbic IBTC Bank, a financial service company, is recruiting to fill the position of Asset Custodian - NNPC in Abuja.

    Job Details

    • Retail & Business 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/Accountabilities
    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


    • ATM Reports
    • Operating Cash Report
    • Listing of ATM Transactions


    • Cash
    • Vault Reserve
    • ATM
    • Overage Account
    • Shortage Account
    • SRAs
    • Certified Cheque
    • Stale Cheques
    • Bank Cheques

    Other Functions:

    • Custom Duty Payments
    • Mails Administration
    • Administration of Stationery (vault out of stationary items)
    • Maintenance of Office Equipment
    • Call-over functions


    • Cash Advance Register - Petty cash
    • Bank Cheque Register.
    • Customs Duty Register (where applicable)
    Preferred Qualification and Experience
    • Bachelor's Degree from an accredited University
    • Minimum 2 years branch banking experience with exposure to tellering and safe custody.
    Knowledge/Technical Skills/Expertise
    • Financial Analysis
    • ATM operating and maintenance experience
    • HSE certification

    How to Apply

    Interested and qualified candidates should click here to apply

    work Stanbic IBTC Bank

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