🇳🇬 Job Vacancies @ First Bank of Nigeria Limited – 11 Positions

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.) Business Manager - Commercial Banking Group
2.) Relationship Manager - Commercial Banking Group
3.) Information & Cybersecurity (ICS) Security Standard Officer
4.) Unit Head, Classified Assets Management
5.) Team Lead, Classified Assets Management
6.) Recovery Officer (RO)
7.) Lead, Talent Resourcing
8.) Analyst, Corporate Finance and Capital Optimization
9.) Analyst, Subsidiaries Monitoring and Reporting
10.) Team Lead, Subsidiaries Monitoring and Reporting (Tier 2)
11.) Associate 2, Corporate Finance and Capital Optimization

Job Title: Business Manager - Commercial Banking Group

Job Identification: 789
Locations: Abuja, Katsina and Bauchi
Job Type: Full-time

Duties & Responsibilities

• Provide strategic leadership and direction in the execution of the team’s functions and activities.
• Optimally manage and deepen relationships with new and existing customers in target market.
• Coordinate the overall marketing activities of the Relationship Managers (RMs) within the team; and ensure a significant increase in market share of new and existing customers.
• Deliberate growth of the team’s trade transaction volumes: Form M / Letters of Credit / Bills for Collection etc.
• Develop budgets and goals for the team and ensure budgets are met and manage resources for profitability.
• Identify new business opportunities and formulate strategies for retaining and winning new accounts.
• Structuring of deals and relating with co-lenders in syndication arrangements.
• Periodically review and evaluate the performance of the team and ensure corrective actions to achieve Group’s strategy and annual plans
• Responsible for driving of trade-related transactions for the bank (Fx business)
• Provide support in the structuring of credits in line with business potentials.

Job Requirements
Education:

• Minimum Education: First Degree or its equivalent in any discipline preferably Business-related.
• Higher Degrees and relevant Professional Certificate will be an added advantage.

Experience:

• Minimum experience - 9 years relevant banking (marketing and credit) experience.

Knowledge:

• Good Knowledge of the business environment
• Credit/Risk Management
• Banking structure, policies, and procedures
• Customer Service
• Strategic Business Planning

Skill / Competencies:

• Negotiation skills
• Strong networking and relationship
• Management skills
• Reasoning and analytical skills
• Deal structuring skills
• Strong credit and marketing skills
• Excellent people management skills
• IT and Computer appreciation
• Communications skills (written and oral)
• Portfolio Management
• Credit Assessment and Structuring
• Marketing/ Sales
• Business/ Product Development
• Customer Relationship Management
• Budget Planning & Control
• Financial Analysis Business/
• Operational Strategy

Application Closing Date
3rd March, 2023 (03:06 PM)

Method of Application
Interested and qualified candidates should:
Click here to apply online

Note: Only shortlisted candidates will be contacted.

Job Title: Relationship Manager - Commercial Banking Group

Job Identification: 788
Locations: Abuja, Katsina and Bauchi
Job Type: Full-time

Duties & Responsibilities

• Book quality assets and ensure effective portfolio monitoring for early detection of defaults.
• Work closely with the Business Manager in the execution of the team’s functions and activities.
• Champion the drive for deposit mobilization and trade transaction
• Provide the best customer service available in the industry.
• Develop and maintain relationship with clients by providing professional and specialized financial solutions in all areas.
• Assist in Transaction Memos and provide relationship background and financial information support, as necessary.
• Provide support in the structuring of credits in line with business potentials.
• Manage and deepen relationships with existing and prospective customers.
• Win new accounts and resuscitate dormant relationships.
• Market the bank’s products to meet customer needs.
• Initiate development of products required to meet customer needs.

Job Requirements
Education:

• Minimum Education: First Degree or its equivalent in any discipline preferably business-related.
• Higher Degrees and relevant Professional Certificate will be an added advantage.

Experience:

• Minimum experience - 3 years relevant banking (marketing and credit) experience

Knowledge:

• Good Knowledge of the business environment
• Credit/Risk Management
• Banking structure, policies, and procedures
• Customer Service
• Strategic Business Planning

Skill / Competencies:

• Negotiation skills
• Strong networking and relationship
• Management skills
• Reasoning and analytical skills
• Deal structuring skills
• Strong credit and marketing skills
• Excellent people management skills
• IT and Computer appreciation
• Communications skills (written and oral)
• Portfolio Management
• Credit Assessment and Structuring
• Marketing/ Sales
• Business/ Product Development
• Customer Relationship Management
• Budget Planning & Control
• Financial Analysis Business/
• Operational Strategy

Application Closing Date
3rd March, 2023 (03:07 PM)

Method of Application
Interested and qualified candidates should:
Click here to apply online

Note: Only shortlisted candidates will be contacted.

Job Title: Information & Cybersecurity (ICS) Security Standard Officer

Job Identification: 787
Location: Lagos
Job Type: Full-time

Job Description

• Perform security requirement validation and documentation reviews to ensure they are performed efficiently and effectively.
• Plan and coordinate independent Vulnerability Assessment and Penetration Test (VAPT)
• Monitors compliance with Information/Cybersecurity policies, baselines, guidelines and procedures
• Assesses threats and vulnerabilities in the Banks electronic products and related technology platforms and provide information/cybersecurity risk guidance
• Assesses threats and vulnerabilities regarding information assets and recommends the appropriate information security controls and measures
• Ensure timely and effective corrective actions are taken to correct deficiencies and provide status reporting.
• Manage Internal and External Security Audit
• Develop metrics and monitoring processes to assess the effectiveness of the Bank’s overall information and cyber security risk management and measure its performance and efficiency.
• Obtain and review periodic PCI DSS compliance report from stakeholders in support of security requirements and report on any identified gaps for remedial action.

Job Requirements
Education:

• Minimum Education: First Degree in Computer Science / Engineering
• Professional Certifications: CISM, CISSP, ISO27001 Lead Implementer, ISO27032 Cyber Security Lead manager or any Cybersecurity Professional Certifications

Experience:

• Minimum experience – 5 years’ experience in facilitating and conducting security assessment and compliance related to PCI-DSS, ISO 27001, and Cybersecurity Framework.

Application Closing Date
28th February, 2023.

Method of Application
Interested and qualified candidates should:
Click here to apply online

Job Title: Unit Head, Classified Assets Management

Job Identification: 642
Location: Lagos
Job Type: Full-time

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.

Application Closing Date
28th February, 2023.

Method of Application
Interested and qualified candidates should:
Click here to apply online

Job Title: Team Lead, Classified Assets Management

Job Identification: 638
Location: Lagos
Job Type: Full-time

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.

Application Closing Date
28th February, 2023.

Method of Application
Interested and qualified candidates should:
Click here to apply online

Job Title: Recovery Officer (RO)

Job Identification: 637
Location: Lagos
Job Type: Full-time

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.

Application Closing Date
28th February, 2023.

Method of Application
Interested and qualified candidates should:
Click here to apply online

Job Title: Lead, Talent Resourcing

Job Identification: 550
Location: Lagos
Job Type: Full-time

Job Description

• Review corporate strategic plans to understand shifts in manpower requirements for the bank.
• Develop and implement strategies for effective resourcing, which will ensure that the bank has the required skills to meet current and future needs.
• Coordinate a smooth recruitment process with the support of business units (pre-screen candidates, interview schedule, applicant management etc.)
• Work with business partners to develop a comprehensive workforce and competency plan to support business growth objectives.
• Coordinate a smooth recruitment process with the support of business units (pre-screen candidates, interview schedule, applicant management etc.)
• Manage strategic talent sourcing relationships/platforms to project the bank’s value proposition to potential employees.
• Efficiently fill vacant positions and ensure alignment with approved manning levels.
• Conduct periodic surveys on HR leading recruitment practices, processes, peer group/competitors’ analysis; analyze information trends in the Nigerian labor market.

Education & Experience

• Minimum of a First Degree in any relevant Social Sciences and Humanities.
• Masters or a recognized professional certification will be an added advantage.
• 7+ years' relevant experience (with at least 4 years – mid level/senior role in the recruitment function)

Key Competency Requirements
Knowledge:

• Industry knowledge, Banking Operations, Banking services/products, HR policies and procedures, Labor laws, Industrial /Labor relations, Business performance, Financial analysis, HR data base systems, Shared Service Environment, Competency based recruitment (Assessment Centre)

Skills/Competencies:

• Customer Relationship Management, Data Gathering and Analysis, Cost Optimization, Business/ Operational Strategy, Manpower Planning, Recruitment, Career Management, Records Management, Compensation Management, Employee Relations, Internal/ External Communication Management, Competency Management, Diversity Management, Organizational Analysis & Design, Talent Management.

Application Closing Date
28th February, 2023.

Method of Application
Interested and qualified candidates should:
Click here to apply online

Job Title: Analyst, Corporate Finance and Capital Optimization

Job Identification: 786
Location: Lagos
Job Type: Full-time

Job Objective(s)

• Assist in  executing the corporate finance activities of FirstBank Group, including mergers & acquisition, capital optimization and investment management.
• Assist in the cordination of the credit ratings process of the group to ensure the Group’s credit rating is achieved and maintained.

Duties & Responsibilities

• Promote policies, processes, and guidelines to enhance corporate finance, capital management, ratings and investment activities of FirstBank Group.
• Assist in coordinating all Corporate finance activities for the Bank and subsidiaries, which includes Mergers and Acquisition, Divestment, Capital Raising, restructurings, equity and debt financing
• Assist in selection and shortlisting of transaction and legal advisers for necessary corporate finance transactions.
• Assist in preparing financial models and work with Transaction Advisers in this regard to predict outcomes and make sound decisions.
• Assist in negotiating, structuring and monitoring transaction workplans and ensure all target deadlines are met.
• Assist in contributing to competitive bid proposals and formal presentations and other documents.
• Assist in liaising with all parties, both internal and external, involved in transactions and assist with negotiations..
• Assist to ensure the successful completion of transactions within stipulated deadlines.
• Assist in preparing Request for Proposals (RFPs) for Advisors for Corporate Finance transactions.
• Assist in preparing competitive bid proposals and formal presentations and other documents.
• Assist in preparing Information memorandum, Valuation report and Investor presentations.
• Assist in monitoring Due Diligence (DD) process conducted by the Adviser and assisted by relevant subsidiaries as applicable, providing regular update to management on the process.
• Assist in relevant Regulatory and internal approvals to ensure closure of corporate finance transaction.
• Assist in the end-to-end management of capital across all group entities, including ICAAP.
• Assist in ensuring compliance with the Group Capital Management Framework.
• Assist in executing capital raising of all forms, including Tier I and Tier II.
• Asist in the Bank’s credit rating process to achieve set target credit rating.
• Track performance of corporate finance activities post acquisition to quantify value accretion gained.
• Carry out any assigned roles as mandated by the HOD or HOU..

Requirements
Education:

• First Degree in Accounting, Economics or related discipline
• Strong preference for postgraduate degree or other professional qualification
• CFA, ACA, ACCA, CPA , MBA

Experience:

• Minimum of 5 years working experience in corporate finance, investment banking and capital management in Financial Services or related industry
• 2+ years of proven track record in Financial Analysis, Financial accounting and reporting.

Application Closing Date
21st February, 2023.

Method of Application
Interested and qualified candidates should:
Click here to apply online

Job Title: Analyst, Subsidiaries Monitoring and Reporting

Job Identification: 785
Location: Lagos
Job Type: Full-time

Job Objective(s)

• Responsible for overseeing the financial related activities of the subsidiaries, guiding subsidiaries on key financial decisions, coordinating timely rendition of all Commercial Banking Group internal and regulatory reports, and providing analytical insights into the key drivers of subsidiaries performance.
• Also responsible for providing oversight for subsidiaries budgetary process driving improvement and ensuring accuracy of subsidiary related information to management and the Board.
• Assist in driving performance of CFOs in the subsidiaries by introducing initiatives to improve visibility and independent reporting centrally in the Group (e.g. MIS dashboards etc.)
• Assist in the timely preparation and rendition of financial reports by subsidiaries for Management reporting purpose.
• Assist in coordinating interim and statutory audit processes of subsidiaries
• Assist in ensuring monthly and quarterly subsidiaries performance review reports are presented to the Management Committee (Manco) and Board of Directors
• Assist in subsidiary budgeting process to ensure standardization of process across the group
• Ensure timely rendition of appropriate statutory reports to regulators
• Assist in coordinating the Group management Committee (GMC) reporting and all necessary reporting to the Board regarding subsidiary performance and insights.

Duties & Responsibilities

• Assist in ensuring timely rendition of monthly financial reporting returns, in the prescribed format, by commercial banking subsidiaries for group consolidated management reporting.
• Assist in coordinating the preparation and rendition of Monthly Offshore subsidiary reports to the Central Bank of Nigeria (CBN).
• Assist in preparing the statutory interim and final audit processes for all subsidiaries, providing support in follow ups with management of subsidiaries on updates on exceptions items highlighted during the audit exercise.
• Assist in organizing the monthly review session (MRS) with commercial banking subsidiaries, taking minutes capturing all performance enhancement and business improvement initiatives committed to by each subsidiary for tracking and monitoring.
• Assist in the preparation of monthly subsidiary performance review report for Management, highlighting performance against budget, the key drivers of the reported financial performance in the month under review and plans of each subsidiary enhance performance or mitigating factors to ameliorate an expected distortion to operation driven by external factors (Unfavourable macroeconomic/political or regulatory pronouncements),
• Assist in the preparation of quarterly subsidiary performance report for Board of Directors
• Assist in the preparation of the consolidated Group Management Committee (GMC) report for all commercial banking subsidiaries and Representative Office
• Assist in the quarterly Group Management Committee (GMC) sessions, and ensure that all finance related decisions taken by the committee are tracked for appropriate action and monitoring.
• Assist in coordinating quarterly Finance sessions with Chief Financial Officer (CFO) of subsidiaries.
•  Assist in subsidiary budgetary process, to ensure standardization across the banking group
• Assist in ensuring compliance with all relevant industry policies and regulations in all jurisdictions of the commercial banking subsidiaries.

Job Requirements
Education:

• First Degree in Accounting, Economics or related discipline
• Strong preference for postgraduate degree or other professional qualification
• CFA, ACA, ACCA, CIMA in view a plus

Experience:

• Minimum of 3 years working experience in Banking or related Financial Services industry
• 2+ years of proven track record in Financial Analysis, Financial accounting and reporting.
• Planning, organizing and managing people, and demonstrated ability to multitask and work independently with little supervision.

Application Closing Date
21st February, 2023.

Method of Application
Interested and qualified candidates should:
Click here to apply online

Job Title: Team Lead, Subsidiaries Monitoring and Reporting (Tier 2)

Job Identification: 784
Location: Lagos
Job Type: Full-time

Job Objective(s)

• Responsible for overseeing the financial activities of the subsidiaries, supporting subsidiaries on key financial decisions, coordinating timely rendition of all management, financial and regulatory reports, and providing analytical insights into the performance of subsidiaries.

Duties & Responsibilities

• Provide oversight for subsidiaries cost management and budgetary process for Tier 2 subsidiaries.
• Drive improvement and ensure accuracy of subsidiary related information reported to HQ management, the Board and regulators.
• Periodic revalidation of the business case for each subsidiary as well as the assessment of the associated goodwill for impairment.  Also, work with the subsidiary CFOs, CEOs; and other key stakeholders to develop appropriate responses.
• Oversee and determine opportunities for synergies among subsidiaries to drive improved performance and returns to the Group.
• Drive and monitor performance of CFOs in the subsidiaries
• Drive initiatives to improve visibility and independent reporting centrally of all subsidiary’s financial activities
• Lead the development and preparation of the monthly and quarterly plan and budget of the subsidiaries.
• Guide and select appropriate controls that will enable the subsidiaries meet their cost objectives.
• Drive and track performance of finance improvement initiatives across the subsidiaries
• Provide actionable business intelligence and insight on the subsidiary’s financial performance across segments, products, locations and initiatives through reports and analytics
• Drive performance improvement in the subsidiaries by continuously benchmarking performance vs budget
• Drive the development and operation of the subsidiaries MIS for individual performance monitoring
• Plan, lead and facilitate periodic financial performance review sessions of subsidiaries.
• Drive cost optimization initiatives in the subsidiaries
• Lead timely preparation and rendition of management reports.
• Lead interim and statutory audits of subsidiaries
• Ensure monthly, quarterly, etc., reports of subsidiaries are presented to the Management Committee (MANCO) and Board of Directors
• Coordinate subsidiary budgeting process to ensure standardization of processes across the group, working with BPM and other key stakeholders
• Ensure timely rendition of statutory reports to regulators, as well as responding to regulatory queries
• Oversee the affairs of the Group Management Committee (GMC); following up on matters arising; and executing decisions reached
• Report subsidiary performance and insights to the Board.

Job Requirements
Education:

• First Degree in Accounting, Economics or related discipline
• Strong preference for postgraduate degree or other professional qualification
• CFA, ACA, ACCA, CPA , MBA

Experience:

• Minimum of 10 years working experience in Banking or related Financial Services industry
• 6+ years of proven track record in Financial Analysis, Financial accounting and reporting.
• Planning, organizing and managing people, and demonstrated ability to multitask and work independently with little supervision.

Application Closing Date
21st February, 2023.

Method of Application
Interested and qualified candidates should:
Click here to apply online

Job Title: Associate 2, Corporate Finance and Capital Optimization

Job Identification: 783
Location: Lagos
Job Type: Full-time

Job Objective(s)

• Responsible for executing the corporate finance activities of FirstBank Group, including mergers & acquisition, capital optimization and investment management.
• Coordinate the credit ratings process of the group to ensure the Group’s credit rating is achieved and maintained.

Duties & Responsibilities

• Promote policies, processes, and guidelines to enhance corporate finance, capital management, ratings and investment activities of FirstBank Group.
• Execute inorganic growth plans (M&A, partnerships, etc) of FirstBank Group
• Prepare the valuation of investments opportunities as well as optimization of same for value accretive purposes.
• Execute the end-to-end management of capital across all group entities, including ICAAP.
• Ensure compliance with the Group Capital Management Framework.
• Execute capital raising of all forms, including Tier I and Tier II.
• Support the actualize the allocation of capital as required to optimize shareholder value.
• Manage the Bank’s portfolio of investments to optimize returns
• Plan the evolution of the Bank’s credit rating.
• Facilitate the Bank’s credit rating process to achieve set target credit rating.
• Facilitate all other corporate finance activities of operating entities in FirstBank Group.
• Coordinate all relevant management, board and regulatory approvals for capital raising corporate finance decisions and investments of the FirstBank Group.
• Track performance of corporate finance activities post acquisition to quantify value accretion gained.
• Provide insight on the financial performance of potential targets and expected value accretion from transactions.
• Recommend optimal transaction structures for corporate finance transactions for the First Bank Group.
• track activities required to ensure target rating is obtained once achieved.
• Prepare reports and presentation to engage the Management Committee (MANCO) and Board of Directors on potential targets and transaction opportunities.
• Perform periodic scanning of the industry for corporate finance and investment opportunities.

Experience

• Minimum of 10 years working experience in corporate finance, investment banking and capital management in Financial Services or related industry
• 6+ years of proven track record in Financial Analysis, Financial accounting and reporting.

Application Closing Date
21st February, 2023.

Method of Application
Interested and qualified candidates should:
Click here to apply online