Fresh Jobs at First Bank

Job Identification: 765

Job Objective(s)

• Responsible for the coordination of the Vendor On-Boarding and Vendor Lifecycle Management process
• Provide support and guidance to the internal Business Units on the processes required to bring new suppliers onto the FirstBank Approved Supplier List/First Bank Registration process
• Conduct and track the Vendor Performance on regular basis and as required
• Act as administrator for Contract Lifecycle Management – contract templates, contract upload, database management, access control, renewal/expiry management and archival.
• Drive supplier and third-party risk management practice – supplier risk assessment, monitoring and remediation.

Duties & Responsibilities

• Oversight of the progress of each vendor engagement by ensuring that Business Units are following the correct procedures and providing advice and guidance as required
• Demonstrate strong organizational and communication and relationship management skills
• Understand Procurement policies, Governance Frameworks and Charters
• Implement, Track and Report on Vendor Performance to capture performance and improvement.
• Proactively seek and build continuous and meaningful engagements with the Business Units and Vendors to shape services and improve value delivered from the supply chain
• Support the creation, and implementation of strategies to ensure that ‘customer focus’ is paramount
• Maintaining a large electronic contracts data base with expiry dates and key terms, and providing timely notification of expiring contracts to the Category Managers
• Create and maintain electronic records of executed vendor contract documents
• Developing performance indicators and Performance Improvement Plans (PIP) for vendors etc.
• Collaborate with Category Managers to evaluate and monitor contracts/Service Level Agreement to ensure vendors comply with contractual terms and conditions
• Understand the ways to drive and measure value from vendors
• Work with internal and external stakeholders in developing vendor contracts
• Ensuring adequate performance management, vendor rationalization, sanctioning/conflict management, vendor onboarding,
• Regular review of the vendor database - supplier base optimization, supplier segmentation; monitoring regulatory requirements, and compliance.
• Meet the requirement for procurement professional certification [Chartered Institute of Procurement and Supply (CIPS)]

Job Requirements
Education:

• Minimum Education: A good First Degree in any discipline from a reputable institution.

Experience:

• Minimum experience: 2 - 4 years relevant experience needed.

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Job Description

• Supervise activities of front office, middle office and back office staff to ensure timely and efficient service delivery to Private Banking clients.
• Oversee and ensure the flow of client’s transactions and investments portfolio is in accordance with client’s mandate.
• Promote the education of clients in the wealth management space, providing personal financial advisory services that enhance the investment decisions.
• Review client profiles to ensure investments are in accordance with mandates, risk profiles and risk appetites.
• Promote the sales and services culture through coaching, guidance and staff motivation.
• Actively participate in the development of budgets and target as they relate the Private Banking business and ensure achievement of monthly and annual targets.
• Authorize capital and current expenditure for the Hub.
• Ensure Hub operating cost is within approved budget.
• Ensure zero tolerance for inactive/dormant accounts.

Requirements
Education:

• Minimum of 2:2 Undergraduate Degree.
• Preference for postgraduate business or related degree or other professional qualification.
• Training in Portfolio Management and Asset Allocation
• Training in Customer Profiling and Risk Assessments

Experience:

• Minimum of 10 years working experience in banking or a related industry.
• Previous experience in Asset & Wealth Management or Investment Banking is an advantage.

Key Competency Requirements
Knowledge:

• Solid understanding of the Nigerian financial services sector and other non-bank financial services industries in which the Bank competes.

Skill / Competencies:

• Portfolio Management
• Financial Instruments Knowledge
• Credit Assessment And Structuring
• Marketing/ Sales
• Business/ Product Development
• Customer Relationship Management
• Budget Planning & Control
• Financial Analysis
• Business/ Operational Strategy
• Asset/Investment Management
• Trust Administration.