Assets Custodian – North in Lagos, Nigeria

at Stanbic IBTC Bank

Banking / Financial Services
Banking / Finance / Insurance
Minimum Qualification
Bachelor's Degree
Required Experience
3 - 5 years
Employment Type
Full Time
Male or Female

Job Description

• Ensure that laid-down instructions for the handling and movement of treasury cash to and from tellers and SBV are adhered to. 
• Ensure that current stock of blank forms received is recorded and signed for according to laid-down procedures. 
• Ensure that record keeping is carried out according to laid-down instructions for treasury cash, blank forms and safe custody items. 
• Ensure that swept deposits are correctly handled in terms of the laid down instructions. 
• Ensure that all Irregular Items have been actioned before the end of the day.

Monitoring of cash holdings
• Ensure that cash holdings do not exceed prescribed limits. 
• Ensure that sufficient cash levels are maintained to meet normal customer requirements.

ATM up-time
• Ensure that Auto Bank and Auto Cash terminals are always adequately stocked with cash and stationery. 
• Maintain close liaison with the Auto Bank Control Centre to ensure that equipment problems are dealt with promptly. 
• Ensure that potential faults that could cause equipment to malfunction are identified and resolved on time 
• Ensure that all ATM terminals are kept clean and maintained in good condition.

ATM cash
• Control ATM cash according to laid-down instructions. 
• Balance cash at the required intervals. 
• Report and action differences in ATM cash promptly. 
• Ensure that ATM cash is safeguarded against unnecessary and preventable loss.


Computer reports
• Action ATM reports as listed on the Duty List promptly in terms of laid-down instructions. 
• Reconcile ATM cash daily. 
• Action Care Suspects accurately and on time, resulting in reduced operating losses.

Legislative prohibitions
• In terms of the Financial Advisory and Intermediary Services Act No 37 of 2002, (the Act) no staff member is permitted to provide any advice or intermediary service to a customer, in terms of a financial product, as determined by the Act, unless they have been appointed as a Representative of a licensed Financial Services Provider. 
• In your current position you are not an accredited representative in terms of the Act, and are therefore prohibited from giving any advice or intermediary service to a customer in terms of a financial product, as determined by the Act.

Problem solving
• Follow standardized routine procedures for control purposes. 
• Draw on experience of branch cash requirements and cyclical impacts on cash resources to plan for fluctuating cash demands and optimize cash holdings. 
• Plan and execute regular maintenance requirements for ATM terminals, and deal with day to day unexpected interruptions to service in order to maximize productivity 
• Ability to attend to customer queries timeously is required. 
• Sound recall of procedures and previous experiences, in order to recognize the appropriate solution to each situation. 
• Resourceful, finding practical ways to efficiently deal with voluminous workloads, and remain focused on priority issues.

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