Job Openings at First Bank of Nigeria Limited

Job Description

• Responsible for monitoring adherence to all the Bank’s conduct and ethical policies
• Perform compliance training need assessment of the bank covering Management, Board, staff and vendors on relevant regulatory and/or business requirements including code of conducts,
• Anti-Bribery and Corruption and AML/CFT.
• Monitor policy and procedure on Corporate Governance improvement within the Group
• Assist Head, Compliance Conduct & Advisory in the development, review and dissemination of compliance related policies of the bank
• Custodian of policy documents and Management Information Reports of the Bank
• Coordinator of Compliance staff welfare related requests
• Act as liaison for department’s external consultants.
• Develop training materials various training courses on AML/CFT, ethics and conduct within the Group.
• Providing guidance and support to branches, departments and subsidiaries on all compliance issues including anti-money laundering and terrorism financing control requirements in the Bank
• Represent the compliance advisory function of the business at required business meetings.
• Ensure reports of Subsidiaries’ Compliance Officers are promptly received for analysis and escalation, where necessary
• Report to the Head Compliance Conduct & Advisory on the management and supervision of the subsidiaries.
• Identify and assess regulatory implications on Subsidiaries
• Assist in the conduct of reviews to test the validity and appropriateness of, and business compliance with all international regulations.
• Ensure monthly report on compliance activities of the subsidiaries to the BRCC, CCO, MD and quarterly report to the BRMC & MD.

Job Requirements
Education:

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

Experience:

• 2-3 years relevant banking experience.

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Job Description

• Manual Screening and identification of Politically Exposed Persons (PEP) from news media, social media, internet, and other relevant platforms.
• Processing of PEP Onboarding requests from Business Units and Archival of Onboarding documents. Updating of the PEP data base and following up with branches for the resolution of identified PEP exceptions
• Processing of CBN PND requests and other regulatory requests for Information and account opening documentation. Second-Level review of account opening documents provided for KYC-adequacy and liaising with the ACOs/Branches for remediation before transmission to Regulators.
• Processing, archival and facilitation of the service of PND Court Orders from CBN to affected customers and updating the CBN PND register.
• Responding to enquiries from branches and regulators on AML Reporting issues.
• Engagement/Brainstorming with various stakeholders for the remediation of identified AML reporting issues
• Generation, Review of data for completeness and adequacy, Preparation, Validation with NFIU validator and Submission of Currency Transaction Reports to NFIU.
• Review, Correction, Revalidation and Refiling of Rejected Currency Transaction Reports to the NFIU
• Generation, Review, Validation for Completeness and Adequacy, Preparation and Submission of Foreign Currency Transaction Reports to SEC and CBN.
• Generation, Review, Preparation and Submission EFCC COVID-19 Transactions Reports.
• Generation, Review, and identification of Newly Opened High-Risk accounts.
• Transmission of Identified High Risk accounts to relevant stakeholders for Watchlisting and upload on OBIEE as well as updating the High-Risk accounts schedule
• Data generation, collation, review, validation, preparation, and submission of various Risk Based Supervision Reports to CBN and NFIU (namely: Forms 001, 002, 003,004,005,006,007,008,009 & 010)
• Data Collation, Review, Validation for Completeness and Adequacy, Preparation and Submission of Dud Cheque returns to CBN and the Credit Bureaux.
• Preparation and Submission of Safe Deposit Box Returns to CBN
• Collation, Review, Preparation and Submission of NDIC Returns on:
• Armed Robbery
• Accounts of Terrorist Organization and Individuals
• Terminated or dismissed staff on the basis of fraud or forgery
• Corporate Governance and Whistle Blowing
• Collation of data, Review, Preparation and Submission of Direct Debits and Standing Instructions Report to CBN.
• Data Validation Review and Preparation of Cash Dumping Reports
• Collation/Generation of Data, Review, Preparation and Submission of Monthly Compliance Scorecard for Area Compliance Officers and Branches.
• Provision of inputs for the preparation of Management Reports
• Preparation of Monthly CBN PND statistics report
• Review, Preparation and Submission of Returns to CBN and NFIU on UN Sanctioned entities and individuals
• Generation, Review, Validation for Completeness and Adequacy, Preparation and Submission of 3-tier KYC returns to CBN
• Review, Validation for Completeness and Adequacy, Preparation and Submission of returns of Dormant Accounts and Unclaimed Funds to CBN
• Data Collation, Review, Validation for Completeness and Adequacy, Preparation, and Submission of returns on Whistleblowing to CBN.
• Provide support for development and update of the compliance monitoring plan.

Job Requirements
Education:

• First Degree (or equivalent) in any discipline, plus 5 years banking experience.
• Specialist knowledge in Anti-Money Laundering, Data Protection, Financial Markets and Fraud and Ethics would be highly desirable.

Experience

• A minimum of 5 years’ experience working in compliance or related financial services area
• Experience in compliance monitoring and audit /inspection programmes.

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Duties & Responsibilities

• Recovery of delinquent accounts and reduction of bad debt portfolio.
• Driving recovery process at both designated locations and SBU.
• Implement recovery strategies within designated locations and SBU
• Conduct frequent recovery drives against recalcitrant debtors.
• Engagement of focused and result-oriented Agents to work on debt recoveries.
• Court attendance to monitor pending recovery cases in Court.
• Collateral inspection of mortgaged assets.
• Foreclosure on assets of debtors who are unwilling and /or unable to pay their debts.
• Review and recommendation to Management on repayment plans submitted by Customers.
• Work with the Court and Law Enforcement Agencies on Bank’s mortgaged assets being occupied by trespassers.
• Ensure existence of insurance on assets securing RCAM accounts.
• Initiate, monitor and follow up on petitions against fraudulent debtors to the Law Enforcement Agencies.
• Rendition of weekly, monthly, quarterly and yearly recovery reports and updates to Management & the Board.
• Provide the required clearance on Camsol/Camac confirmation.
• Maintain the security of all information entrusted to the staff.

Job Requirements
Education:

• First Degree preferably in Law, Accountancy, Computer Science or other Social Science disciplines.

Experience:

• 5-7 years relevant banking experience.

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Duties & Responsibilities

• Working with FBN UK Limited to recover funds from debtors based in Africa.
• Driving recovery process at both designated locations and SBU.
• Design & implement recovery strategies within designated locations and SBU.
• Conduct frequent recovery drives against recalcitrant debtors.
• Engagement of focused and result-oriented Agents to work on debt recoveries.
• Court attendance to monitor pending recovery cases in Court.
• Collateral inspection of mortgaged assets.
• Foreclosure on assets of debtors who are unwilling and /or unable to pay their debts.
• Review and recommendation to Management on repayment plans submitted by Customers.
• Work with the Court and Law Enforcement Agencies on Bank’s mortgaged assets being occupied by trespassers.
• Ensure existence of insurance on assets securing RCAM accounts.
• Initiate, monitor and follow up on petitions against fraudulent debtors to the Law Enforcement Agencies.
• Rendition of weekly, monthly, quarterly and yearly recovery reports and updates to Management & the Board.
• Design of template for issuance of letter on non - indebtedness and processing of same from initiation to approval stages.
• Provide the required clearance on Camsol/Camac confirmation.
• Maintain the security of all information entrusted to the staff.

Job Requirements
Education:

• First Degree preferably in Law, Accountancy, Computer Science or other Social Science disciplines.

Experience:

• Minimum of 10 years relevant banking experience.

go to method of application »

Duties & Responsibilities

• Driving recovery process at both designated locations and SBU.
• Conduct frequent recovery drives against recalcitrant debtors.
• Engagement of focused and result-oriented Agents to work on debt recoveries.
• Court attendance to monitor pending recovery cases in Court.
• Collateral inspection of mortgaged assets.
• Foreclosure on assets of debtors who are unwilling and /or unable to pay their debts.
• Review and recommendation to Management on repayment plans submitted by Customers.
• Work with the Court and Law Enforcement Agencies on Bank’s mortgaged assets being occupied by trespassers.
• Initiate, monitor and follow up on petitions against fraudulent debtors to the Law Enforcement Agencies.
• Rendition of weekly, monthly, quarterly, and yearly recovery reports and updates to Management.
• Provide the required clearance on Camsol/Camac confirmation.
• Posting recoveries made by customers and charging off concluded accounts.
• Maintain the security of all information entrusted to the staff.

Job Requirements
Education:

• First Degree preferably in Law, Accountancy, Computer Science or other Social Science disciplines.

Experience:

• Minimum experience: 2 years banking experience.

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DUTIES & RESPONSIBILITIES

• To support the Team Leads in facilitating periodic performance review sessions (Monthly/Quarterly Performance Reviews)
• To analyse, report and generate business insights on products, channels, customers, branches  and Customer Profitability Reports) in the business areas of oversight
• To conduct competitive bechmarking, environmental scanning and analysis to generate business insight and actionable recommendations for performance improvement
• To support the annual budgeting exercise and ensure adequate planning bank-wide
• To identify and assess MIS issues affecting the business and ensure their correction and conclusinve resolution
• To facilitate the implementation and maintenance of an effective MIS (Management Information System) reporting application that is accurate and fair in presenitng business performnace
• To ensure the integrity and completeness of bankwide acount mapping in line with the account mapping polic
• Maintain procedures, models and other structures to report the bank’s performance across the bank’s electronic business products and channels
• Run periodic procedures to generate, validate, correct, and finalize performance reports and dashboards to independently determine the performance of individuals, teams, groups in the electronic business groups and other business areas as assigned by the Team Leads in Budgeting & Analytics
• Support the MIS Analytics Team Leads in development, implementation, management and maintenance of the MIS and performance dashboard reporting applications
• Generate actionable analytics and insight on the bank’s growth, profitability, sales, competitivesss etc on the electronic products, channels, and lines of business
• Support the Team Leads in Budgeting & Analytics in facilitating robust performance dialogues with Teams, Groups ang Executives on EBusiness
• Propose and drive revenue and cost optimization on electronic business based on insight and analytics
• Provide actionable insights and analytics as may be required to drive and optimize the bank’s electronic business performance
• Drive and track strategic initiatives, process improvement and automation projects as may be assigned by Unit Head, Budgeting & Analytics or GH, BPM
• Any other duty as may be assigned by Unit Head, Budgeting & Analytics or GH, BPM

JOB REQUIREMENTS
Education

Minimum Education:  

• First Degree in Accounting, Finance, Economics, Science or Engineering.
• Master’s Degree/Professional certification in Accounting or Finance

Experience

Minimum Experience:

• Experience in MIS (Management Information System).
• Proficiency in Microsoft office suite, MS access, SQL, etc.
• Experience in Finance or Accounting.
• Seven years’ industry experience and at least three years in a MIS, Finance or accounting role.

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Duties & Responsibilities

• To conduct competitive bechmarking, environmental scanning and analysis to generate business insight and actionable recommendations for performance improvement  in the business areas of oversight.
• To facilitate annual bottom up budgeting exercise and ensure adequate planning in the  business areas of oversight.
• To identify and assess MIS issues affecting the business and ensure their correction and conclusinve resolution.
• To support the implementation and maintenance of an effective MIS (Management Information System) reporting process that is accurate and fair in presenitng business performnace.
• To ensure the integrity and completeness of acounts mapped to SBUs under oversight.
• To ensure the correctness of costs allocated and fairness of cost apportioned to SBU.
• To provide adhoc support to the SBU and prepare any reports as required
• To coordinate all other efforts to enhance performance by the SBU.
• Prepare and analyze the following reports at least monthly and present same to SBUs/SRF at performance review sessions.

Balance Sheet Review:

• Volume and growth analysis
• Funding cost analysis (Deposit rates)
• Yield analysis

Product Analysis:

• Electronic & other Products Sales & Adoption
• Non-Interest Income Analysis
• Cash Transaction Analysis (Identify dumping)

OPEX Analysis:

• Budget utilization
• Cost allocation vs apportionment
• Cost optimization
• Branch Operations Cost Analysis
• Big Spenders’ Cost Engagement

Opportunities & Initiatives:

• Budget utilization
• Cost allocation vs apportionment
• Cost optimization
• Branch Operations Cost Analysis
• Big Spenders’ Cost Engagement
• Cross-sell and collaboration
• Market & Environmental scanning
• Strategic initiatives
• Productivity Analysis
• Loss-making branches
• Facilitate the monthly performance review session with SBU/SRF Executives, to discuss the monthly performance report, issues (including cost apportionment, account remapping etc)
• Prepare and analyze monthly/quarterly performance position of the SRF/SBU, and facilitate robust performance dialogues with SBUs and SRFs
• Facilitate performance clinic sessions with under-performing Business Maanagers and Relationship Managers and offer advise and guidance to improve business  performance
• Monitor and analyse income allocated to SBU and ensure the corrrectness and completeness of performance reports, including costs, revenues, volumes and products
• Perform monthly balance sheet, income statement variance analysis.
• Provide periodic competitive analysis for business unit
• Participate in budgeting exercise to ensure adequate inputs and sensible assumptions by the SBU and budgeting teams
• Drive budget cascade to all Group Heads, Team Leads/ Business Development Managers, Business Managers and Relationship Managers and resolve all issues arising therefrom
• Indentify and ensure full coverage of all individuals in SBU in scorecard and monthly performacne dashboard preparation
• Identify and collate appropriate data for scorecard generation
• Generate and communicate scorecards to all individuals in the SBU and SRF being covered
• Drive adoption of issue management via the bank’s Helpdesk platform and BPM app as appliacble
• Monitor staff movement, ensure account re-mapping wihin SBU and correct any errors or irregularities
• Faciliate the resolution of all account mapping related issues and other inter-SBU disputes relating to ownership, income, value-chain, collaboration, cross-sell.
• Educate BM/RMs on peformance reports, strategic initiative, including new initiatives, dashboards and other reports
• Assist the Business Partner Leads in resolving conflicts arising from scorecards, MIS, expense control, budget of SRF/SBU’s
• Facilitate enlightenment/training sessions on scorecards and other performance initiatives.
• Facilitate inter-departmental engagements between SBUs and SRFs as may be required to drive business process efficiency or performance improvement
• Identify and implement process effectiveness and efficiency improvement initiatives
• Develop apps, reports and other tools to enable robus business engagement and administration
• Maintain the Security of all Information entrusted to the staff.

Job Requirements
Minimum Education: 

• First Degree in Accounting, Finance, Economics, Science or Engineering.
• Master’s Degree / Professional certification in Accounting or Finance.

Minimum Experience:

• 10 years industry experience and at least 5 years in a MIS, Finance or accounting role.
• Experience in MIS (Management Information System).
• Proficiency in Microsoft office suite, MS access, SQL, etc.
• Experience in Finance or Accounting.

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Duties & Responsibilities

• Manage and coordinate the development of any required financial models and approaches to deliver the Commercial Banking Group’s annual planning & forecasts.
• Plan, coordinate and oversee the Group’s annual planning & budgeting excercise
• Plan and oversee engagement with the business (coverage, products and SRFs) as required to deliver the annual budgets viz financial statement, CAPEX, OPEX and products.
• Drive the implementation of the Commercial Banking Group’s budget, and monitor  performance, viz-a-viz budget on a monthly basis.
• Plan and facilitate periodic performance review sessions at Corporate and SBU levels (MPR, QPR).
• Drive and implement cost optimization and control initiatives.
• Develop the relevant framework, policies and processes and implement same to measure, report and analyze the Banking Group’s performance along distinct dimension: customers, segments, products, channels, etc.
• Develop, implement and maintain the framework, includng systems and processes for individual performance measurement, including balanced scorecards, to drive performance in the Commercial Banking Group
• Manage the periodic segment and product analytics process for the bank
• Analyse and benchmark the bank’s performance against competition and industry.
• Implement systems and processes for maintaining account mapping integrity across the SBUs.
• Management of the MIS (Management Information System) reporting and budgeting & planning applications.
• Provide actionable insights and analytics as may be required to drive and optimize the bank’s performance.
• Act as Head of Department in the absence of the HOD.

Job Requirements
Minimum Education:  

• First Degree in Accounting, Finance, Economics, Science or Engineering.
• Master’s Degree / Professional certification in Accounting or Finance.

Experience:

• At 15 years’ industry experience and at least 8 years in a MIS, Finance or accounting role.
• Experience in MIS (Management Information System).
• Proficiency in Microsoft office suite, MS access, SQL, etc.
• Experience in Finance or Accounting.