Officer, Mandate & Settlement at Stanbic IBTC Bank
Job Title: Officer, Mandate & Settlement at Stanbic IBTC Bank
Date Posted: 5th January, 2026.
Expiry Date: N/A
About the Job
Job Overview
Business Segment: Corporate & Investment Banking
Location: NG, undefined, Lagos Mainland, Walter Carrington Crescent
Job Type: Full-time
Job Ref ID: 80448116A-0001
Your Job Description
Job Description
To process clients’ mandates while ensuring that such mandates are properly jobbed for execution
by the dealing team. Ensure that all jobbing activities comply with stipulated deadlines and
exceptions are reported when necessary. Ensure that all trades executed by brokers on the floor
of the Nigerian Stock Exchange are reflected in the account of the executing client. Post clients’
inflows, handle clients’ payment requests, FX inflows and outflows, and process Right Issues and
public offers.
Conduct e-mail audits on stock mandates and settlement mandates to ensure accuracy.
Ensure proper accountabilities for all mandates and settlement instructions received from clients.
Handle public offers, Right Issues, SUKUK Bonds, and FGNSB transactions.
Ensure due diligence is carried out on all accounts before mandates and settlement instructions are executed.
Ensure that clients’ accounts are adequately funded for purchase orders to prevent debit balances,
and that clients’ portfolios consist of stocks for which sales orders have been given.
Ensure that exceptions on jobbed mandates and clients’ instructions regarding fund transfers or settlement
are promptly reported.
The Job Requirements
Qualifications
BSc in Economics or related field.
Professional certification can be an added advantage.
Experience:
2-3 years experience working in capital market operations and applicable industry regulations.
Understanding of stockbroking transactions and its payment support functions.
Excellent use of MS Excel Office.
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