Company Info
Large organization
200 + Employees
First Bank of Nigeria Limited (FirstBank) is Nigeria's largest financial services institution by total assets and gross earnings.
First Bank of Nigeria Limited (FirstBank) is Nigeria’s largest financial services institution by total assets and gross earnings. With more than 10 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone and FBNBank Senegal, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi.
1). Head, Diaspora Banking
Job Identification: 802
Location: Lagos
Job type: Full-time
Duties & Responsibilities
- Act as the Liaison between the Diaspora customers and the bank to ensure growth of the business value chains and profitability in addition to maximizing the Bank’s revenue.
- Develop and implement targted business development strategies by anticipating developments, trends and opportunities within the diaspora banking business.
- Drive market share expansion of the expartriate banking business through product channeling and value creation. Work with product managers to ensure customers’ feedback is considered in all new products and changes done to existing products.
- Actively participate in the development of budgets and target as they relate the diaspora and expatriate business and ensure achievement of monthly and annual targets.
- Develop marketing and sales plan to achieve target for the department.
- Develop and Retain Key Customer Relationships In the diaspora and promote the FirstDiaspora Brand.
- Drive the team’s product sales and performance (supervise marketing calls/road shows locally and internationally to drive business) and provide strategic direction focused on the continued growth and development of the banks presence and relationships.
- Provide overall recommendations and performance reports to Senior management with regards to Products, Services, Processes and procedures that relate to Diaspora Banking business.
Job Requirements
Educational Requirement:
- Bachelor’s Degree in Business Administration or any other equivalent and relevant qualification from an accredited institution.
- MBA or M.Sc. is an added advantage.
Experience:
- Minimum experience – Minimum of 10 years working experience in Retail Banking/Commercial Banking SBU
- Prior Good understanding of financial products and business principles related to banking.
- Training in Customer Profiling
Key Competency Requirements
Knowledge:
- Product/Service Knowledge
- Business Administration Dynamics
- Banking Structure, Policies and Procedure
- Strong knowledge of Compliance and regulatory policies.
- Marketing And Networking
- Industry Knowledge
- Banking Operations
- Negotiation Skills
- Knowledge of regulatory environment.
Skill / Competencies:
- Sound Managerial and Leadership Skills
- IT and Computer Skills with Proficiency in Microsoft Word, Excel and PowerPoint
- Excellent Communication Skill (Written & Oral)
- Attention to Details
- Reasoning And Analytical Skills
- Portfolio Management
- Credit Assessment and Structuring
- Marketing/Sales
- Business/Product Development
- Customer Relationship Management
- Data Gathering & Analysis
- Budget Planning and Control
- Financial Analysis
- Business/Operational Strategy.
Application Closing Date
27th January, 2025; 01:09 PM.
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2). Analyst, Corporate Finance and Capital Optimization
Job Identification: 1256
Location: Nigeria
Job type: Full-time
Duties & Responsibilities
- Promote policies, processes, and guidelines to enhance corporate finance, capital management, ratings and investment activities of FirstBank Group.
- Assist in coordinating all Corporate finance activities for the Bank and subsidiaries, which includes Mergers and Acquisition, Divestment, Capital Raising, restructurings, equity and debt financing.
- Assist in selection and shortlisting of transaction and legal advisers for necessary corporate finance transactions.
- Assist in preparing financial models and work with Transaction Advisers in this regard to predict outcomes and make sound decisions.
- Assist in negotiating, structuring and monitoring transaction workplans and ensure all target deadlines are met.
- Assist in contributing to competitive bid proposals and formal presentations and other documents.
- Assist in liaising with all parties, both internal and external, involved in transactions and assist with negotiations.
- Assist to ensure the successful completion of transactions within stipulated deadlines.
- Assist in preparing Request for Proposals (RFPs) for Advisors for Corporate Finance transactions.
- Assist in preparing competitive bid proposals and formal presentations and other documents.
- Assist in preparing Information memorandum, Valuation report and Investor presentations.
- Assist in monitoring Due Diligence (DD) process conducted by the Adviser and assisted by relevant subsidiaries as applicable, providing regular update to management on the process.
- Assist in relevant Regulatory and internal approvals to ensure closure of corporate finance transaction.
- Assist in the end-to-end management of capital across all group entities, including ICAAP.
- Assist in ensuring compliance with the Group Capital Management Framework.
- Assist in executing capital raising of all forms, including Tier I and Tier II.
- Asist in the Bank’s credit rating process to achieve set target credit rating.
- Track performance of corporate finance activities post acquisition to quantify value accretion gained.
Job Requirements
- Minimum of 5 years working experience in corporate finance, investment banking and capital management in Financial Services or related industry
- 2+ years of proven track record in Financial Analysis, Financial accounting and reporting.
- First Degree in Accounting, Economics or a related discipline. Strong preference for postgraduate degree or other professional qualification
- CFA, ACA, ACCA, CPA , MBA
- Professional accounting qualification such as CPA, ACCA, ACA, CPA, MBA or its equivalent plus at least 3 years post Qualification years’ experience, with relevant / specific banking experience
- Broad understanding of banking practice
- Excellent knowledge of financial analysis and financial accounting.
Application Closing Date
24th January, 2025; 12:58 PM.
How to Apply: Interested and qualified candidates should use the links below to apply:
