Head, Group Financial Crime Control 387 views

Risk Management: understanding all risks – from the economic to the political – that could affect our global business, and offering guidance to all parts of the bank

Job Purpose

To provide oversight and leadership in ensuring that all Financial Crime Control functions are carried out according to the Group Financial Crime Control (GFCC) mandate and that standards and methodologies are designed and aligned to add value to the Stanbic IBTC PLC, Nigeria business.

Key Responsibilities/Accountabilities

Manage, lead, provide guidance, facilitate and pursue financial crime that is committed against Stanbic IBTC Bank PLC and its Customers.

Strategic Leadership

  • Operate within the Code of Ethics and Values of the Bank.
  • Assist with the development of strategy towards financial crime combating initiatives within Stanbic IBTC Bank Business portfolio and to align this to the GFCC strategy.


  • Provide input and assist where required with the design of country specific fraud and Security policies; standards and methodologies.
  • Develop fit for purpose fraud prevention and awareness programs leveraging available delivery mechanism like social media, digital channels, email, SMS and face to face channels.


  • Establish and maintain investigative principles, processes and techniques that lead to loss recovery (civil and criminal) and successful prosecution.
  • Ensure utilisation of the Digital Forensics lab and tools in driving effective and efficient investigations.

Management Information

  • Analytically review management information to determine current and emerging trends and establish tactical approach.
  • Report significant control weaknesses and make recommendations to mitigate the same.
  • Report significant issues related to the governance and operational processes including potential improvements to these processes and the provision of information concerning the resolution of such issues.

Effectively manage risk and loss

  •  Accountable for ensuring the recovery of losses through Criminal and Civil action
  • Take ownership and overall accountability for allocated cases for Nigeria from the point of allocation until their “formal” conclusion as per the defined processes.

Process and Case Management on Investigations

  • Constantly provide intelligence regarding trends, modus operandi, type of financial crime documents, and standard of fraud application, knowledge of the criminal groups / syndicates regarding the verification process, other processes of SBA that are detected in current investigations on hand.  Secure reporting line to relevant Business Heads regarding relevant intelligence gathered through investigations.
  • Regularly liaise with Law Enforcement Intelligence Services to gather information regarding the movement of suspects (locally and internationally), new trends, crime threats and modus operandi that are identified.

Customer Service and Portfolio management: Alliances / Liaison & Networking

  •  Ensure effective Customer Service Escalation matrix.
  • Timeous input to relevant report requirements (Exco, SAC, Risk Committees, Nigerian Central Bank reports) and management reports

Internal Relationships

  • Various Business Units

External Relationships

  • Nigeria Police Services; Economic and Financial Crimes Commission; Directorate of Intelligence Services of Nigeria; Directorate of Public Prosecution of Nigeria; Nigerian Courts; Central Bank of Nigeria (CBN); Nigeria Deposit Insurance Corporation; Financial Institutions Training Centre; Committee of Chief Inspectors of Banks in Nigeria; Inter-banks Risk Forum – Other banks

Preferred Qualification and Experience


A first degree in Finance  and Accounting preferred.

Relevant professional qualifications will be an added advantage.


10-12 years significant experience in managing financial crime risk in a large scale financial crime operational area in Nigeria.

Knowledge/Technical Skills/Expertise

  • Advanced Risk Management
  • Advanced Risk Identification
  • Advanced Fraud Detection and Management
  • Advanced Risk Awareness
  • Risk Reporting

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