Latest Jobs at First Bank Nigeria

Transactional:

• Processing Private Banking client’s transactions include liaising with other units, product houses and subsidiaries of the First Bank group to process Private Banking clients’ transactions promptly
• Anchoring all transactions related to asset management, real estate purchase / finance, credits, safety deposits, trust servicers, off-shore investments and others as defined by Head Portfolio management or GH Private Banking.
• Preparing and reviewing all wealth management proposals on behalf of Private Banking clients and ensuring that these are error-free and of high standards
• Reviewing and signing of Private Banking client’s investment confirmative and certificates

Operational

• Conducting research on Investment & wealth management products and liaising with FBN Quest and other research providers for updated information on equity, bond and money markets. 
• Updating and disseminating information to private Banking team on available products and services as well as market trends.
• Monthly update of client product utilization to feed the Asset Holding Report for FBN Private Banking.
• Structuring ideal portfolios for Private Banking clients further to discussing with Relationship Managers, reviewing customer information details and leveraging other First Bank subsidiaries 
• Generating mandates on behalf of clients for FBN Capital and other product houses for the purchase or sale of securities / assets
• Generating portfolio reports and account statements for Private Banking clients as required 
• Generating periodic reports to meet monitoring and reporting requirements of First Bank Private Banking.
• Updating global position on Private Banking clients to enable effective tracking and monitoring of client relationship 
• Ensuring prompt and efficient processing of client mandates 
• Monitoring loans booked by the back office and updating clients global position report
• Verifying customer trades via online portal and updating portfolio status of clients 
• Monitoring customer accounts and portfolios to ensure that they are well-funded and active

Relational

• Maintaining good working relationships with other teams, units and subsidiaries
• Leveraging good relationship with product houses such as FBN Capital, FBN Mortgages, FBN Trustee etc. to ensure efficiency in processing Private Banking transactions
• Developing relationships with research and regulatory bodies to ensure that the unit is well informed and complies with all regulatory requirements at all times. 

Others

• Ensuring the documentation of all safe custody items
• Ensuring securities certification and release of pledged securities
• Ensuring that all client investment transactions are handled with efficiency and timelines 
• Escalate of all material, unusual or difficult transactions to Head Portfolio Management
• All other functions as assigned by the, Head Private Banking location and GH Private Banking

JOB REQUIREMENTS:

• Minimum Bachelor’s degree in relevant field 
• Master’s degree in business, finance or similar strongly preferred
• Certified Financial Analyst (CFA) / Chartered Accountant (ICAN or ACCA) / Chartered Alternative Investment Analyst (CAIA) qualification strongly preferred 
• Minimum of 8-10 years middle office background (financial services) preferred

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• Work with relevant departments to maintain the consistent look and feel of the private banking lounges in Lagos, Abuja and Port Harcourt.
• Interface with Marketing and Corporate communication department for update and production of brochures and marketing collaterals for Private Banking customers.
• Manage concierge services and liaise with service providers to ensure seamless service delivery to PB clients.
• Manage relationships with merchant partners to enhance PB customers experience.
• Ensure that Private Banking brand remains distinct and aspirational at all times.
• Manage platforms for collaboration with FBN UK and other partners. 
• Maintain oversight of the Private Banking website by liaising with administrators.
• Manage concierge services upon launch and manage the relationship with merchant lifestyle partners.
• To liaise with Private Bankers, customers and stakeholders to identify new trends and value proposition.
• Identify opportunities for new or improvement of existing products and services through deep understanding of customers need and feedback on current services offered.
• 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.

JOB REQUIREMENTS:

• Minimum Education: First Degree in any discipline with minimum of 2.2. or Higher National Diploma (HND) with minimum of Upper Credit.
• Minimum experience: 6 years’ experience in Banking/Finance
• Solid knowledge of Customer Value Proposition and experience
• Strong analytical skills
• A specialist in user driver innovations who can translate customer needs and insights into feature sets
• An experienced concept development and co-creation facilitator
• In-depth knowledge of high-end lifestyle and luxury products for HNIs and UHNIs.