Company Info
Large organization
First Bank of Nigeria Limited (FirstBank) is Nigeria's largest financial services institution by total assets and gross earnings.
200 + Employees
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). Team Lead, Outward Funds Transfer
Job Identification: 1322
Location: Lagos
Employment Type: Full-time
Responsibilities
- Review customer’s requests and enforce compliance assurance functions in line with the with the Bank’s laid down procedures, regulatory dictates and requirements.
- Review all transactions against dollarization policy
- Confirmation and enforcement of regulatory requirements on cash funded transaction.
- Authorization of payment transactions
- Rate reasonability check functions
- Prompt response to all customers’ requests, correspondences and enquiries
- Daily call over of previous day transactions
- Coaching and recognition that help employees improve their performance.
Requirements
- First Degree in Social Sciences and related discipline
- 5-7 years’ experience in International/Domiciliary Fund Transfer Services
- Master’s degree and other professional certification (added advantage).
Application Closing Date
4th April, 2025; 10:30 AM.
===
===
2). Desk Head (Fund Transfers)
Job Identification: 1321
Location: Lagos
Employment Type: Full-time
Responsibilities
- Enforcement of compliance checks on all customer’s requests in compliance with the Bank’s laid down procedures and meet all regulatory requirements before they are processed
- Manage the desk that oversees all outflows of foreign transfer transactions out of the country and covering all the Branches of the Bank.
- Lead the provision of all due diligent exercise on all outward foreign transactions relating directly with the Compliance trade team of the bank.
- Supervise compliance of outward funds transfer offashore to CBN policy
- Ensuring that all customer’s requests comply with the Bank’s laid down procedures and meet all regulatory requirements before they are processed
- Vetting, Verification and authorization of funds transfer messages without errors
- Close supervision and rendering of prompt response to all customers’ requests, correspondences and enquiries
- Attending to general correspondences/queries, Auditors and Regulators
- Daily monitoring/management of off-shore accounts and ensuring adequate funding is provided to meet daily draw-down
- Co-ordination and anchoring Training of Branches Representatives on Domiciliary Processing
- Provide relief back-up functions to the Team Lead Outward Transfer on all issues relating to outward domiciliary transfers.
Requirements
- First Degree in Social Sciences and related discipline
- 3-5 years of experience in International/Domiciliary Fund Transfer Services
- Master degree and other professional certification (added advantage).
Application Closing Date
4th April, 2025; 10:26 AM.
===
===
3). Industry and Competitor Intelligence Officer
Job Identification: 1130
Location: Lagos
Employment Type: Full Time
Responsibilities
- Guide the Bank’s industry and competitor research agenda and strategy and develop and disseminate resource listings and other reference documents for the Bank’s use.
- Play a key role in supporting the department to define its research and analysis agenda
- Support strategic customer acquisition through the development of winning client/customer pitches and proposals, working with SBU leadership teams.
- Support the bank’s continuous improvement journey by monitoring the external and competitive environment to distill key insights for decision making
- Support the Bank’s industry thought leadership positioning and aspiration through the development of high-quality contents for the Bank’s external engagements and events
- Direct, synthesize and execute insights gained from market analysis, internal capability assessments, competitor intelligence, customer research, product assessment and financial analysis and modeling.
- Present new ideas for growth of individual subsidiaries through understanding competitive actions and market trends in the industry locally and internationally with strategic intent of influencing and directing management thoughts.
- Support the coordination and planning of the annual Board Strategy Retreat event for the Commercial Bank and subsidiaries including making presentations on industry insight to assist the Commercial Banking Management in its decision-making function, coordinating presentations of each member of the Management Committee and relevant (SRFs) to ensure appropriate message is delivered to the Board and Management
- Identify Bank’s preparedness to leverage economic opportunities, mitigate risks, or absorb shocks; synthesize and communicate economic developments and research outcomes
- Provides internal advice and support to all levels of the organization on the quality of industry and competitor research and analysis, methodologies, and frameworks on key issues.
- Take ownership of self-development and responsibility for implementing team’s learning and development Plans
- Comply with relevant industry policies and regulation, remaining alert to operational risks and compliance issues
Requirements
Education:
- Minimum Education: First Degree in Economics or related discipline
- Postgraduate degree or other professional qualification may be an added advantage.
Experience:
- Minimum of five (5) years working experience in the financial services industry, preferably in similar roles or other roles involving working with data.
Application Closing Date
1st April, 2025; 09:38 AM.
===
===
4). Senior Analyst, Group Reconciliation Unit
Job Identification: 1318
Location: Lagos
Employment Type: Full Time
Job Description
- Manage centralized reconciliation processes at the HUB
- Drive centralization of Reconciliation process across the bank network (Nigeria, and SSAs)
- Recons process design- Analyze and interpret process dynamics to design suitable processes of reconciliation or monitoring
- Interact with account owners and operations teams to have a good knowledge of their process and data for effective migration of their manual reconciliation to TLM Corona.
- Drive process improvement, optimization, and automation of reconciliation process.
- Change Management – drive and coordinate assigned GRU change management as relates reconciliation activities.
- Project Delivery- Drive timely delivery of GRU projects-automation and reconciliation projects
- Managing information and data risks as related to reconciliation data
- Foster a risk awareness culture into people, processes, and systems within G&C to mitigate risk exposure from Reconciliation breaks
- Ensure completeness and accuracy of reconciliation data.
- Work with management to prioritize business and information needs.
- Identify and define new process improvement opportunities.
- Identify, analyze, and interpret trends or patterns in complex data sets.
- Liaise with Vendor and ensure that all reconciliation tools are maintained as when due.
- The first point of contact in data mining and management on Recons.
- Manage and resolve stakeholder issues on reconciliation matters.
- Provide Reconciliation data/MIS periodically to management for decision making
- Provide reconciliation data to stakeholders on requests (internal and external parties)
- Ensure regulatory compliance in reconciliation processes and data exchange- PCI DSS, CBN
Job Requirements
- Minimum Education: First degree in any discipline
- Certifications in Database languages and Advance Excel will be an advantage.
- Minimum of 5 years banking experience.
- Experience on Process management and I.T Knowledge
- Database languages skills.
- Proficient in the design and use of Excel Macros and various MS Office automation tools.
- Previous knowledge in banking operations and recons is key.
Application Closing Date
27th March, 2025; 03:58 PM.
How to Apply: Interested and qualified candidates should use the links below to apply:
