Job title: Job Openings at First Bank of Nigeria
Company:
Job description: 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 following positions below:1.) Unit Head, Product ControlJob Identification: 1282
Job Location: Lagos
Employment Type: Full-timeResponsibilities
- Operate the product control function for the bank
- Monthly 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.
- 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.
- Daily monitoring and validation of Risk, positions & P&L arising from the bank’s treasury products and activities
- Monthly 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.
- Participate in product paper review and set-up of relevant product and accounting parameters in all solutions and applications used for treasury activities.
- Stay up to date with current trends in financial markets and advise the Financial Controller, CFO & Management on implications for the bank’s treasury portfolio.
- Make recommendations to management on best practices that minimize risk and maximize the profitability of the treasury books.
- 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
- Perform any other duty assigned by the Financial Controller and Chief Financial Officer.
Job Requirements/Qualifications
- Bachelor’s Degree in Accounting, Economics or any related field.
- Must possess at least 15 years of relevant experience in a similar role.
- CFA or ACA/ACCA; Accounting or related Bachelors.
Application Closing Date: 21st February, 2025 (10:48).2.) Team Lead, Product ControlJob Identification: 1281
Job Location: Lagos
Employment Type: Full-timeResponsibilities
- 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
- 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.
- 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.
- 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
- Perform any other duty assigned by the Unit Head Product Control and Financial Controller.
Job Requirements / Qualifications
- Bachelors Degree in Accounting, Economics or any related field.
- Must possess at least 10 years of relevant experience in a similar role.
- CFA or ACA/ACCA; Accounting or related Bachelors.
Application Closing Date: 21st February, 2025 (10:49 AM).3.) Service Executive, Conversion Programme – SECP 9Job Identification: 1279
Job Location: Nigeria
Employment Type: Full-timeRequirements
Below are the eligibility criteria for the conversion exercise:
- Minimum academic qualification is B.Sc. degree with Second Class Lower or HND Upper Credit from institutions accredited by NUC or other regulatory bodies approved by government.
- Possession of higher degree(s) and/or relevant professional qualification such as ACA, ACCA, CPA, will be a distant advantage.
- Must have worked in the Bank for a minimum of 1 year as a non-core staff.
- Sound moral and ethical conduct with no disciplinary records.
- Evidence of mandatory NYSC scheme or Exemption Certificate.
- Not more than than 32 years.
Skills:
Interested Service Executives must possess the following skills set:
- Excellent communications skills
- Strong Interpersonal and relationship management skills
- Analytical skills
- Self-driven and results-oriented
- Highly innovative with excellent problem-solving skills
- Good team player
- Familiarity with global financial trends and developments
- Proficient in the use of MS Excel, Word, and PowerPoint.
Application Closing Date: 17th February, 2025.4.) Team Lead, Innovation Opportunity ManagementJob Identification: 1234
Job Location: Lagos
Employment Type: Full-timeDuties & Responsibilities
- Liaise with internal stakeholders and external partners to identify innovative opportunities that align with the Bank’s strategic objectives
- Review emerging trends within the Banking industry as well as other applicable industries
- Assess and prioritize potential innovation opportunities in line with approved evaluation criteria
- Liaise with relevant stakeholders in developing detailed business cases for identified innovation initiatives
- Coordinate the implementation of innovation initiatives across BUs through Innovation Champions to ensure adherence to approved implementation guidelines.
- Proactively manage changes in initiative scope, identify potential crisis/risks, and devise contingency plans to provide solutions and take corrective action
- Review executed innovation initiatives against approved Business Case and prepare relevant reports /presentations for the Bank’s Innovation committee.
- Perform any other duties as assigned by Head, Enterprise innovation unit
- As part of the Bank’s Information Security requirements, maintain the security of all Information entrusted to the staff and comply with the principles and policies in the Information Security Handbook.
Requirements
Education:
- Minimum of Bachelor’s Degree, with a minimum grade of 2.2
- Project Management certification will be an added advantage
Experience:
- Minimum of ten years relevant working experience working in an innovative environment covering a range of multiple functional areas
- Experience with managing idea generation and management process
- Experience that spans across start-ups and large corporate environments with extensive network within the startup ecosystem
- Experience with Program Management or Project Management Office desirable
- Supervisory experience.
Application Closing Date: 19th February, 2025 (06:06 PM).Similar JobsHottest JobsJob SeekersEmployersTools & ResourcesConnect with usCustomer Care
09134259221
(9am – 5pm) weekdays
info [at] jobgurus.com.ngCopyright © 2025 Jobgurus.com.ng – Latest Jobs in Nigeria 2025. All right reserved.
Expected salary:
Location: Nigeria
Job date: Sun, 23 Feb 2025 08:22:26 GMT