Vacancies at First Bank of Nigeria Limited

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.

We are recruiting to fill the position below:

Job Title: Data Governance Associate

Job ID: 1106
Location: Nigeria 
Employment Type: Full-time

Job Description

• Implement and operationalize the Data Quality Management framework elements which include Data Quality standards, procedures, usage guidelines and principles
• Participate in the execution of data governance, development of policies, processes, and metrics to improve and maintain the quality and ownership of data (including data owners, stewards and custodians).
• Support the implementation of data quality strategies & processes across the entire data lifecycle management framework
• Provide recommendations and best practices for data element, data definitions, business rule writing, and metadata management procedures
• Conduct root cause analysis with data domain governors, data users and data custodians (IT) to ensure that the root cause of reported data issues is understood and that those underlying problems and associated symptoms are resolved.
• Establish & monitor and report Data Quality Scorecards bank wide.
• Participate in periodic data profiling to uncover potential gaps in the data and coordinate actions to close them.
• Participate in data quality improvement initiatives and deliver on expected outcomes
• Monitor and publish Data Quality dashboards to report on the levels of quality for critical data elements as well as for monitoring cleansing progress for the data quality improvement initiatives.
• Participate in assigned data remediation projects and tasks required to meet the desired level of data quality maturity.
• Promote the concept of Data Quality Management across the bank.
• Develop relevant communication and awareness initiatives to support the effective implementation of change
• Serve as the key subject matter expert and resource for assigned Data Quality related matters
• Assess the impact of introduced changes (architecture and business processes) to people, process and systems and develop relevant communication and awareness initiatives to support the effective implementation of change
• Collaborate closely with other teams within the CDO office to ensure consistency and a synchronized approach to all data related issues
• Perform other related duties or assignments as directed.

Requirements

• Candidates should be High School Graduates with relevant work experience.

Application Closing Date
9th August, 2024 (12:58 PM).

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Data Quality Associate – Other Domains

Job Identification: 1107
Location: Nigeria
Employment Type: Full-time

Job Description

• Implement and operationalize the Data Quality Management framework elements which include Data Quality standards, procedures, usage guidelines and principles
• Participate in the execution of data governance, development of policies, processes, and metrics to improve and maintain the quality and ownership of data (including data owners, stewards and custodians).
• Support the implementation of data quality strategies & processes across the entire data lifecycle management framework
• Provide recommendations and best practices for data element, data definitions, business rule writing, and metadata management procedures
• Conduct root cause analysis with data domain governors, data users and data custodians (IT) to ensure that the root cause of reported data issues is understood and that those underlying problems and associated symptoms are resolved.
• Establish & monitor and report Data Quality Scorecards bank wide.
• Participate in periodic data profiling to uncover potential gaps in the data and coordinate actions to close them.
• Participate in data quality improvement initiatives and deliver on expected outcomes
• Monitor and publish Data Quality dashboards to report on the levels of quality for critical data elements as well as for monitoring cleansing progress for the data quality improvement initiatives.
• Participate in assigned data remediation projects and tasks required to meet the desired level of data quality maturity.
• Promote the concept of Data Quality Management across the bank.
• Develop relevant communication and awareness initiatives to support the effective implementation of change
• Serve as the key subject matter expert and resource for assigned Data Quality related matters
• Assess the impact of introduced changes (architecture and business processes) to people, process and systems and develop relevant communication and awareness initiatives to support the effective implementation of change
• Collaborate closely with other teams within the CDO office to ensure consistency and a synchronized approach to all data related issues
• Perform other related duties or assignments as directed.

Requirements

• Candidates should be High School Graduates with relevant work experience.

Application Closing Date
9th August, 2024.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: RTGS and Local Fund Transfer Specialist

Job Identification: 1122
Location: Nigeria 

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
• Review Customer’s payment/transfer instructions on local tansfer on the bank application.
• Review all LCY outward and RTGS transactions initiated from the branch on PHUB
• Processing of transfer/payment request on the payment applications and CBN TMX platform
• Prompt response to all customers’ requests, correspondences and enquiries especially telex for all transactions
• Process Clearing transactions from TROPS, interest postings from Treasury.
• Daily call over of previous day transactions and filling of all transactions in a folder
• GRU reconciliation for all Ledger credit and Statement credit to ensure our position is nil of daily
• Daily reconciliation of open items of transactions in suspense position
• Provide daily update to CBN before returning funds
• Prepare daily performance report
• Prepare daily report to treasury for funding position
• Identify and process all failed STP transactions daily

Requirements
Education Background / Professional Qualification:

• First Degree in Social Sciences and related discipline
• Master degree and other professional certification (added advantage).

Minimum Year of Experience Required:

• 2-3 years of experience in International/Domiciliary Fund Transfer Services.

Application Closing Date
29th July, 2024; 07:51 PM

Method of Application
Interested and qualified candidates should:
Click here to apply online

Job Title: Team Lead, Outward Funds Transfer

Job Identification: 1120
Location: Nigeria 

Job Description

• 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
• Master’s Degree and other professional certification (added advantage).
• Minimum Year of Experience Required 5-7 years’ experience in International/Domiciliary Fund Transfer Services Education Background / Professional Qualification.

Application Closing Date
29th July, 2024; 19:53.

Method of Application
Interested and qualified candidates should:
Click here to apply online

Job Title: Desk Head, Funds Transfer

Job Identification: 1121
Location: Nigeria
Job Type: Full-time

Summary of Job Role (Duties and 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.

Education Background / Professional Qualification

• First Degree in Social Sciences and related discipline
• Master degree and other professional certification (added advantage).

Minimum Year of Experience Required:

• 3-5 years of experience in International/Domiciliary Fund Transfer Services

Application Closing Date
29th July, 2024.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Team Lead, Inhouse Settlement

Job ID: 1110
Location: Nigeria 
Employment Type: Full Time

Job Description

• Manage the seamless delivery of new in-house applications that do not settle via the switches.
• Daily supervision, review of settlement files and upload of:
  • Customs duties manual collections
  • Nigerian Export Supervisory Scheme (NESS) collections
  • Customs duties Paydirect collections
• Resolution of failed Custom & NESS transactions on PayDirect & Firstcollect Platforms
• Supervise the daily, weekly and monthly statutory returns and reports in respect of manual Customs Duties collections remittance, NESS and NDCC remittances before submission to CBN and the various Customs ports
• Ensures timely processing in the deactivation of Direct Debit Mandates customers (ARM Insurance, etc.)
• Resolution of failed transactions initiated by various customers on inhouse application platform.
• Supervision of dispatched mailer to Lagos branches and upcountry branches via the courier service
• Supervision and monitoring of record keeping of documents for customs, NESS and pin mailer.
• Ensures prompt weekly settlement and pre-reconciliation of PAYU in-branch transactions
• Carries out daily reconciliation of biller transaction report with the settlement report for Firstbillspay settlement
• Reviews with the billers on variances with settlement and ensures prompt reversal is done to prevent loss of funds
• Prepares monthly invoice payment for the vendor via WEBADI and follows up to ensure prompt payment processing by the procurement and Centralized admin unit.
• Monitoring and recoup of funds to Ebusiness receivable account
• Conduct a second level authentication check on prepared E-tranzact settlement data upload file
• Authorizes e-tranzact for settlement debits after obtaining approval from Heads of Settlement, Account monitoring and concurrence from the Head of department.

Qualifications

• Minimum Education: First Degree in a numerate discipline.
• Minimum Experience: 8 years, 5 of which must have been spent in e-Banking / Products.

Application Closing Date
26 July, 2024.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Senior Specialist, Accounts and Reconciliation

Job Identification: 1114
Location: Nigeria

Job Description

• Develop account management and reconciliation procedures and framework that are sustainable and enduring for maintenance of clean books for the bank.
• Provides operational lead for management and reconciliation of all Nostro, Vostro, General Ledgers, Receivables, Payables and Suspense accounts for Trade and Payment Department
• Develop and maintain account management and reconciliation relationships with external and internal partners and clients of the bank on Trade Transactions and Obligations.
• Provides operational lead for reconciliation of Clients’ Trade Obligations.
• Provides operational lead for daily reconciliation of the FX Blotter
• Monitor, track, and render weekly/monthly and periodic Trade Obligation report to the client and management team of the bank.
• Liaise with Internal Control, BPM, GRU and FINCON  on account management and reconciliation matters for assurance of clean books for the bank.
• Management and reporting of reconciliation activities for the organization in lines with the standard and best practice.
• Coordinate and Participate in projects relating to the enhancement of reconciliation capabilities / processes
• Timely performance of daily/monthly and periodic reconciliations of Trade and Payment accounts
• Prompt escalation of reconciliation outages at the various level of escalation hierarchy till closure.
• Maintain & document reconciliation process, procedures and outcome for historical access, records, and unimpeded reconciliation framework.
• Setting clear expectations and consistently providing information, training, resources, feedback, coaching and recognition that help employees improve their performance.

Educational Qualification and Experience

• First Degree in Accounting and related discipline
• Trade and Professional Certification as added advantage.
• 5-7 years of experience in Trade Services Reconciliation.

Application Closing Date
26th July, 2024; 22:18.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Specialist, Payment and Negotiation

Job ID: 1112
Location: Nigeria 
Employment Type: Full-time

Job Description 

• Handles Negotiation of Documentary Presentations, Trade Loans Booking, bookkeeping, Payments, and Remittances on negotiated presentations and matured trade loans for the bank.
• Enforcement of compliance and regulatory dictates on Payment and Negotiation functions, ensuring that the bank complies with the provisions of the dynamically changing Foreign Exchange Extant Provisions, UCP, ISBP and other relevant international rules and standards.
• Handles documents examination and management of identified discrepancies in line with the terms and conditions of the underlying Letters of Credit
• Initiate the process of Trade Loans booking, liquidation, Interest collection, remittance of payables, charges administration and collection on Trade Transactions.
• Handles Revenue Assurance functions for the bank on Negotiated Documentation, Trade Loans, etc.
• Delivery of daily and periodic reconciliation of Nostro, Vostro, GL, Suspense, Payables and Receivable accounts, ensuring open items are timely closed.
• Rendition of regulatory and management, regulatory and ad-hoc returns/reports as applicable to Payment and Negotiation functions.
• Responsible for Data and Records management on negotiated presentations for ease of presentation on demand by the regulatory authorities.
• Liaises with the business and other internal stakeholders on enquiries and issues resolution.

Education

• First Degree in any discipline
• Trade Certification (CDCS, CSDG, CITF), master degree and other professional certification (added advantage

Experience:

• 3-5 years of experience in Trade Services Functions.

Application Closing Date
26th July, 2024 (10:21 PM).

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Senior Specialist, Payment and Negotiations

Job ID: 1113
Location: Nigeria 
Employment Type: Full-time

Job Description

• Responsible for provision of operational lead for Negotiation of presentations on Documentary Credit and Guarantees
• Processing and Authorization of Trade Loans Booking and Liquidations, Payments and Remittances on Documentary Credits and Matured Trade Loans.
• Provides Operational and Supervisory lead in the process of enforcement of compliance with regulatory dictates on Payment and Negotiation functions, ensuring that the bank complies with the provisions of the dynamically changing Foreign Exchange Extant Provisions, UCP, ISBP and other relevant international rules and standards.
• Responsible for identification and enforcement of Letters of Credit terms and conditions as well as regulatory provisions in the delivery of Payment and Negotiation functions.
• Oversees the process of documents examination and management of identified discrepancies across the local and international space.
• Interfaces with the various regulatory agencies, internal and external stakeholders, local and foreign counter parties on payment and negotiation functions
• Oversees the process of sourcing of foreign exchange for payment of compliant presentations and Trade Obligations.
• Supervise and authorize the process of Trade Loans booking and liquidation, Interest and charges administration and collection on Trade Transactions.
• Enforces and operationalize the process of administration of Revenue Assurance functions for the bank on Negotiated Documentation, Trade Loans, etc.
• Responsible for delivery of daily and periodic reconciliation of Payment and Negotiation related Nostro, Vostro, GL, Suspense, Payables and Receivable accounts, ensuring open items are timely closed.
• Supervision of rendition of regulatory, management and ad-hoc returns/reports as applicable to Payment and Negotiation functions.
• Administration and Management of associated operational risks ensuring that Payment and Negotiation processes and the embedded risks are identified with the risk mitigants put in place to avoid risk crystallization.
• Management of Trade records for ease of access to historical records on demand by the regulatory authorities.
•  Liaises with the SBUs, Trade Clients, Correspondent Banks and other internal and external stakeholders on Payment and Negotiation functions, ensuring that all enquiries are promptly attended to, and all open items are swiftly closed.
• Develop and handle capacity enhancement, skills building and knowledge transfer plans and programs for the team members.
• Identifies risks that are associated with the payment and negotiation functions and provides the corresponding risk mitigant for assurance of adequate cover against operational risks.

Requirements
Education:

• First Degree in any discipline
• Trade Certification (CDCS, CSDG, CITF)
• Master’s degree and other professional certification (added advantage)professional certification (added advantage).

Experience:

• 5-7 years of experience in Trade Services Functions.

Application Closing Date
26th July, 2024 (10:19 AM).

How to Apply
Interested and qualified candidates should:
Click here to apply online