Recruitment 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: Fraud & General Investigation Officer

Job Identification: 1507
Location: Nigeria
Job Type: Full-time

Duties & Responsibilities

• Investigates wide range of issues relating to customer complaints on service excellence, reported cases of misdirected funds or customer expected funds yet to be credited to customer accounts, issues relating to complaints lodged by solicitors on behalf of Customers.
• Investigations of complaints raised by regulatory bodies such as CBN, SEC Customer Protection Council etc. on behalf of customers.
• Investigates wide range of fraud cases such as cash suppression/ theft, fraudulent withdrawal, conversion/diversion etc.
• Generates investigation report for the review of Team Lead and Unit Head.
• Assists in prevention of operational lapses and system defects that facilitate fraud incident.
• Investigates staff related issues.
• Supports in follow up on the recovery from all fraud activities.
• Gathers data required in preparation of regulatory reports on fraud cases.
• Assist in preparation of reports on Frauds/Armed Robbery cases for the Board Audits & Risk Assessment Committee.
• Records and monitors attempted fraud incidents, data base for all cases and registers (fraud & general).
• Provides support to obtain management approval for the provisioning of fraud and /or restitution of customers’ accounts.
• Prepares statutory returns for CBN/NDIC and other regulators for Team Lead, Fraud & General investigation’s review.
•  Minimize cases of referred investigation report to Team Lead Fraud & General Investigation for correction and approval.
•  Provides accurate, complete and timely fraud report rendition to all levels of Management.
• Maintains the Security of all Information entrusted to us in the course of duty.
• Attends to issues bank-wide logged against Fraud & General Investigation on CA-Help desk, BPMS, CRM, Surface Mails etc.
• Achieve zero case of service complaints from external or internal stakeholders.
• Conclusion of fraud and general investigation within approved timelines.

Requirements
Education:

• Minimum Education: First Degree preferably in a Business-related discipline,
• Higher degrees/Professional certification (such as ACA, ACIB, ACCA, CFE, CIA).

Experience:

• Minimum experience – 6 years in General banking and Audit.

Application Closing Date
8th September, 2025; 04:03 PM.

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

Job Title: SBU Compliance Review Officer

Location: Nigeria
Job Type: Full-time

Duties & Responsibilities

• Provide support to Team Lead, SBU Compliance Monitoring for compliance monitoring plan across the Strategic Business Units
• Assist in the review of the framework for ensuring prompt report renditions to regulatory authorities
• Assist in responding to regulatory enquiries and examination reports relating to the activities of Strategic business Units
• Continuous monitoring of the adherence to the Compliance policies, applicable legal and regulatory standards, and assisting in enforcement as needed on SBUs
• Escalate recurring compliance issues/breaches to the Team Lead, Strategic Business Units Compliance monitoring on monthly/quarterly for further follow-up and resolution escalation.
• Carry out and prepare investigations reports as the detects of the compliance activities demands.
• Participating in Compliance Risk Assessment workshop carried out by Compliance Conduct and Advisory Unit
• Carry out spot checks to test the effectiveness of processes/procedures put in place to ensure compliance with applicable laws, regulations and best practices
• Perform other duties and responsibilities as may be assigned

Requirements
Education:

• First degree (or equivalent) in Law, Banking & Finance or related discipline

Experience:

• A minimum of 3 years’ experience working in compliance or related areas in financial services
• Experience in implementing and advising on compliance programmes.

Application Closing Date
9th September, 2025; 02:02 PM.

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

Job Title: Team Lead, Product Control

Location: Nigeria
Job Type: Full-time
Report to: Unit Head, Product Control

Responsibilities

• Undertake independent review and validation of positions, income recognition, valuation and all other accounting treatments of financial instruments, derivatives and all Treasury products to ensure appropriateness.
• Daily monitoring and validation of Risk, positions & P&L arising from the bank’s treasury products and activities
• Undertake review of Value at Risk, valuation and other computations prepared by Market & Liquidity Risk Department.
• Advise treasury where necessary on P& L postings, reconciliations, analysis, adjustments, attribution, and on weaknesses in treasury processes and controls.
• Perform monthly stress tests and sensitivity analysis to assess the impact of movements in factors such as interest rates, exchange rate, prices etc. on the bank’s treasury portfolio.
• Monitor daily to ensure that trading activities are done within approved limits, render reports on breaches as required, and ensure positions are marked to market periodically per policy.
• Prepare and submit monthly Income attribution, independence validation & assurance, portfolio performance and risk reports to the Financial Controller and CFO.
• Participate in product paper review and set-up of relevant product and accounting parameters in all solutions and applications used for treasury activities.
• Preparation of disclosures on financial instruments in the financial statements.
• Provide support in monthly account closing activities and preparation of financial and management accounts as it relates to products
• Manage the Team of 2 Product Control Officers
• Perform any other duty assigned by the Unit Head, Product Control and Financial Controller.

Requirements

• Must possess at least 10 years’ relevant experience.
• Qualifications required: CFA or ACA/ACCA; Accounting or related Bachelors.

Application Closing Date
Not Specified.

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

Job Title: Head – Asset, Liability & Management

Location: Nigeria
Job Type: Full-time

Duties & Responsibilities
Balance Sheet & Interest Rate Risk Management:

• Propose key Balance Sheet limits for Management Approval and monitor compliance
• Review Non-trading Interest rate risk management reports, analysis of findings and recommending courses of action to management at ALCO
• Stress test the Bank’s earnings for key financial risk i.e FX Risk, Interest rate risk, reporting stress test results to management and recommending courses of action.
• Implement Funds Transfer Pricing Model, and recommending new pool rates to management
• Ensure management is updated on new regulations, guidelines or policies in ALM, Liquidity and Interest Rate risk management and the effect on the Bank’s business.
• Stress test the liquidity position of the bank, reporting stress test results to management and recommending courses of action
• Review Liquidity risk management reports for ALCO, analysis of findings and recommending courses of action to management
• Review liquidity and repricing gap reports.
• Provide an overview of the Bank’s Balance Sheet to Treasury, Chief Risk Officer and the Head, Market and Liquidity Risk Management.
• Coordinate the preparation of Balance Sheet in all major currencies daily (Naira, US$ GBP, EUR and FCY)
• Ensure compliance with the Bank’s liquidity metrics as well as internal and regulatory limits.
• Ensure compliance with key Balance sheet ratios: (Funding & Liquidity ratios; Efficiency ratios; capital management ratios on daily basis) for compliance with internal and regulatory limits
• Coordination of the preparation of the Bank’s Internal Liquidity Adequacy Assessment Process (ILAAP) and Recovery and Resolution Plan RRP report to Executive Management, Board and CBN.
• Evaluate liquidity, Foreign Currency and interest rate impacts of new business initiatives
• Responsible for managing the Group’s balance sheet and liquidity risk to within agreed limits.
• Ensure that a robust liquidity position is maintained, and that any surplus liquidity is deployed prudently in line with the Bank’s objectives.

ALCO Reports:

• Coordinate the ALCO reporting process
• Review ALCO Presentations/Reports
• Present Reports at ALCO meetings in the absence of the HOD

ALCO Secretariat:

• Responsible for the smooth running of the ALCO secretariat.
• Ensure timely collation and circulation of ALCO reports and papers and monitor ALCO action points and reporting progress to the committee.
• Ensure accurate documentation and timely circulation of minutes.
• Track deliverables and action points from the ALCO meeting.

Board Reports:

• Prepare quarterly ALM Board reports and ensuring all key Liquidity, Capital Adequacy and Interest rate metrics are reported to the Board and Board Committee.
• Quarterly Stress testing of Trading & Non-Trading books
• Present all ALM and Market Risk reports to the Board Risk Management Committee (BRMC) in the absence of the HOD

External Reports:

• Ensure the preparation of all Market and Liquidity Risk Management notes and disclosures as part of the Bank, Banking Group and FBN Holdings’ annual published accounts
• Provide all ALM audit schedules to external auditors.
• Respond to CBN as it relates to liquidity and non-trading market risk as well as to rating agencies and other external bodies.

Policies and Practices:

• Development of ALM practices, guidelines and policies.
• Coordinating the periodic review of ALM policies and guidelines
• Advise on strategic responses to liquidity risks embedded in non-trading book-prepayment clauses etc.
• Prepare Market & Liquidity Risk Package and ALM & Trading Limits.
• Creating ALM and Market Risk awareness among stakeholders. Training of RICOs and Stakeholders on ALM practices.
• Work closely with FINCON, CRM, Capital Management and Treasury to update or develop liquidity stress methodology

Model Development:

• Developing required ALM & Market Risk models using Microsoft Excel VBA.
• Enhancement and optimization of existing ALM models.
• Independent validation of new and existing models used in non-trading market risk, liquidity risk, stress testing etc.
• Review regulatory requirements and industry practice regarding liquidity risk and non-trading market risk models.

Project Management:

• Coordinate the implementation and assist with the Enterprise risk management projects of the Bank as it relates to ALM, Liquidity Risk and Non-Trading Interest Rate Risk.
• Management of ALM Software implementation and optimization.

Subsidiary Oversight:

• Review of Non-Trading Market Risk and Liquidity Risk practices, policies, limits, ratios and models of the various subsidiaries.
• Participating in the Bi- Monthly ALCO meetings of all the subsidiaries.
• Review the report on the daily and quarterly balance sheet ratios to check for compliance to the entities’ board approved limits and regulatory thresholds.
• Training and development ALM Risk staff across the subsidiaries.
• Other Duties:
• Act as Head, Market and Liquidity Risk Management in the absence of the HOD
• Prepare annual departmental budget and maintaining efficient budgetary control within the department.
• Respond to internal audit queries and exceptions
• Ensure the Training and development of subordinates
• Any other duty that may be assigned by the HOD or other senior officers of the bank.

Requirements
Education:

• Minimum Education:  B.Sc. in Finance, Accounting, Economics, Mathematics/Statistics or any other technical discipline.  Higher degrees (nice to have).

Experience:

• Minimum experience:  10 years relevant experience covering Finance and Risk Management

Application Closing Date
9th September, 2025; 01:58PM.

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