Specialist - Trade Services (Bills for Collection Creation & Payments) at First Bank

Job Objective(s)

• Provides Support services to RM and branches on Bills for Collections

Duties & Responsibilities

• Receipt of bills for collection documents
• Manual update of Bills for Collection Shipping Documents register
• Capture the bill documents in Finastra.
• Ensure that the appropriate charges are taken from customer by confirming on Finacle,
• Advice of bill of exchange to relationship managers
• Acceptance messages to beneficiary banks
• Release of shipping documents for Bills for Collections
• Ensure verification of shipping documents in line with CBN regulations
• Receipt, update and filing of Exchange control documents.
• Seeks extension of Bills of lading from CBN
• Approval requests to CBN for Oil Forms M. Form M and Bid request stages
• Custodian of shipping documents, filing of documents to relevant files
• Daily review of Autoforex accounts to track transactions
• Ensure payment/remittance of all imports under Bills for Collection
• Manual update of Bills for Collection Payment register
• Filing of Swift acknowledgement copies
• Handle all enquiries on Bills for Collection
• Prepare Swift messages to correspondent banks relating to transaction enquiries
• Bills for Collection Invoice Discounting and Loans
• Bills for Collection DTR EFASS reporting
• Ensure daily and monthly CBN returns
• Carry out other duties as assigned by team lead and Head of Trade

Job Requirements
Education:

• Minimum Education: First Degree in any discipline

Experience:

• Minimum experience: 4-5 years relevance work experience