🇳🇬 Job Vacancies @ First Bank of Nigeria Limited – 7 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.) Analyst, Corporate Finance and Capital Optimization
2.) Analyst, Subsidiaries Monitoring and Reporting
3.) Team Lead, Regulatory Reporting
4.) Business Partner, Business Performance Monitoring
5.) Assistant Company Secretary
6.) Legal Officer
7.) Team Lead, Initiative Support

Job Title: Analyst, Corporate Finance and Capital Optimization

Job Identification: 786
Location: Lagos
Job Schedule: Full time

Job Objective(s)

• Assist in  executing the corporate finance activities of First Bank Group, including mergers & acquisition, capital optimization and investment management.
• Assist in the coordination 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..

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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
25th August, 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 Schedule: Full time

Job Objective(s)

• Responsible for overseeing the financial related activities of the subsidaries, 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
25th August, 2023.

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

Job Title: Team Lead, Regulatory Reporting

Job Identification: 885
Location: Lagos
Job Schedule: Full time

Requirement

• Candidates should possess relevant qualifications.

Application Closing Date
15th August, 2023.

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

Job Title: Business Partner, Business Performance Monitoring

Job Identification: 889
Location: Lagos
Job Schedule: Full time

Duties & Responsibilities

• Prepare and present periodic reports at least monthly to SBUs/SRF at performance review sessions. Examples of such reports include Balance Sheet Review, Product Analysis, OPEX Analysis, Opportunities & Initiatives, etc.
• Support and participate in the monthly performance review session with SRF Executives, to discuss the monthly performance review presentation, issues (including cost apportionment, account remapping etc.)
• Prepare and facilitate monthly/quarterly performance review sessions and hold robust performance dialogues with SBUs and SRFs
• Monitor and analyze income allocated to SBU and ensure the correctness 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
• Identify and ensure full coverage of all individuals in SBU in scorecard and monthly performance dashboard preparation
• Identify and collate appropriate data for scorecard generation
• Generate and communicate scorecards to all individuals in the SBU
• Drive adoption of issue management via the bank’s Helpdesk platform
• Monitor staff movement, ensure account re-mapping within SBU and correct any errors or irregularities
• Facilitate 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 performance 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
• Maintain the Security of all Information entrusted to the staff.

Required Qualification
Minimum Education:

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

Minimum Experience:

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

Key Competency Requirements
Knowledge:

• Knowledge of banking operations, banking services/products, business processes, and performance management principles.
• Knowledge of Process Design and Implementation principles.
• Knowledge of automated financial and accounting reporting, and performance measurement systems.

Skill/Competencies:

• Ability to analyze financial and operational data, and prepare performance reports, statements, and financial projections.
• Work requires professional written and verbal communication, and interpersonal skills.
• Ability to motivate teams to produce quality materials within tight timeframes and concurrently manage several projects.
• Ability to work with others and in teams
• Ability to facilitate engagement at middle management level.
• Good problem solving and conflict resolution skills
• Apply strategic thinking to explore and adapt to planning and organizing situations/activities.
• Ability to hold self and others accountable for measurable high-quality, timely and cost-effective results, and accept responsibility for mistakes.

Application Closing Date
18th August, 2023.

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

Job Title: Assistant Company Secretary

Job Identification: 888
Location: Lagos
Job Type: Full-time

Duties & Responsibilities

• Assisting the Company Secretary in ensuring compliance by the Bank with applicable corporate governance codes, rules and regulations.
• Assisting the Company Secretary in attending to sundry requests from the Board and executive management for secretarial advice and guidance as well as in the resolution of sundry secretarial/regulatory issues.
• Assisting the Company Secretary in the administration of the electronic portal for the CBN Fit and Proper Persons Regime.
• Control of safe custody items deposited with the Company Secretary Department by other units within the Bank.
• Preparation and/or filing of statutory returns for the Bank, inclusive of the Bank’s Form of Statement under Section 733, CAMA.
• Providing financial control functions in the Department, including cost apportionment, review and adoption of Profit and Loss vouchers, call-over vouchers, Inter Branch Vouchers, etc.
• Compliance Officer for the Department.
• Other assignments and duties as may be assigned by the Company Secretary.
• As part of the Bank’s Information Security requirements, maintenance of the security of all Information entrusted to the staff and compliance with the principles and policies in the Information Security Handbook.

Requirements
Education:

• Minimum Education: Bachelor of Laws (LL.B); Barrister at Law (B.L.;) Call to the Nigerian Bar.

Experience:

• Minimum experience:  7-9 years post call to bar.

Key Competency Requirements:
Knowledge:

• Proficiency in Microsoft Word, PowerPoint and Excel.
• Nigerian legal system.
• Banking and Company laws and regulations.
• Corporate governance principles.

Skills / Competencies:

• Customer Relationship Management
• Legal Advisory
• Legal Documentation
• Corporate Governance
• Stakeholder Management.

Application Closing Date
16th August, 2023 (08:31 AM).

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

Job Title: Legal Officer

Job Identification: 518
Location: Lagos
Job Type: Full-time

Job Description

• Processing of prompt execution and sealing of agreements and documents.
• Confirmation of Bonds and Guarantees.
• Conducting legal research.
• Assisting in attending to requests from and the welfare of Directors.
• Assisting in rendering statutory returns for FirstBank and subsidiaries.
• Assisting in attending to sundry requests to the Company Secretary Department from other Departments/SBUs in the Bank.
• Liaising with the Centralised Administration Unit of General Services Department and the Foreign Banking Services Department for the processing of payments to Directors and for other departmental needs.
• Liaise with external solicitors to file the Bank’s records at the Corporate Affairs Commission (CAC).
• Preparation of extracts from the Sealing Register for consideration and ratification at FirstBank Board meetings.
• Fire Warden for the Department.
• Performing any other duty as may be assigned by the Company Secretary, Deputy Company Secretary and Assistant Company Secretary.

Requirements
Education:

• Minimum Education: Bachelor of Laws (LL.B); Barrister at Law (B.L.;) Call to the Nigerian Bar.

Experience:

• Minimum experience:  3 years post call to bar.

Key Competency Requirements:
Knowledge:

• Proficiency in Microsoft Word, PowerPoint and Excel.
• Nigerian legal system.
• Banking and Company laws and regulations.
• Corporate governance principles.

Skill/Competencies:

• Customer Relationship Management
• Legal Advisory
• Legal Documentation
• Corporate Governance
• Stakeholder Management

Application Closing Date
16th August, 2023 (08:49 AM).

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

Job Title: Team Lead, Initiative Support

Job Identification: 884
Location: Lagos
Job Type: Full-time

Job Description

• The Delivery and Measurement function is an operational arm of the Enterprise Data Management & Transformational Analytics (EDMTA) Department of FirstBank, supporting the successful implementation and value realization of its initiatives/ projects.
• Based in Lagos, Nigeria, the function supports all data initiatives, providing management and financial/programmatic oversight of Portfolios, management advisory services, implementing projects, and managing human resources.
• The primary role of Lead, Initiative support is to provide the EDMTA with the structures, tools and techniques needed to ensure that it has the right programmes and projects in place, that operational and change priorities are balanced, the governance and decision making is facilitated and it has the resources and capability to deliver them consistently well whilst continuously measuring the value realized from initiatives.
• The functions and services of the Lead Initiative support include:
  • Strategic Planning/Portfolio Support: Ensuring EDMTA is focused on doing the right projects to drive the Bank’s data agenda.
  • Delivery Support: Ensuring EDMTA is doing projects the right way, through the effective delivery of the programme and projects.
  • Best Practices: Applying the Bank’s standards in project management, encouraging consistent working practices and ensuring appropriate application.
• The Delivery and Measurement team shall ensure that project management policies, processes and methods are followed and practiced according to the organization standards, while acting as the overall Project Assurance capacity within the business unit on behalf of the Chief Data Officer.
• Reporting to the Chief Data Officer, the Delivery and Measurement team strongly contributes to moving the EDMTA toward achieving its mission-focused goals and objectives.

Functional Responsibilities
Development and planning:

• The Delivery and Measurement lead provides appropriate levels of programmatic management support to the Chief Data Officer regarding all ongoing project activities, while maintaining and implementing appropriate standards and best practices in line with the Bank’s policies and procedures.
• Provide advice and support to potential and current engagement of high value and/or risk, supporting Engagement Authorities in strengthening project governance structures and processes to enable achievement of high standards and consistency in line with EDMTA success criteria.
• Directly contribute to strategic oversight, advice and direction on programme and project management activities in line with service agreements and project documents. Ensure programmes and projects contribute to strategic objectives and targets.
• Develops and establishes resource tracking systems for use within EDMTA office, to ensure effective planning, forecasting, and tracking of delivery across the EDMTA.
• Identifies, and anticipates in a timely manner, potential risks and issues and advises mitigating measures to the Chief Data Officer team.

Set-up and closure:

• Facilitate the development of high-level programme/project plans, including the collation of lower-level plans into programme/project-level milestones.
• Develop, track and maintain dependencies and provide advice to management to ensure quality of delivery throughout the project lifecycle.
• Liaise closely, supporting Unit Heads and Data Project stakeholders on project operational issues, including project assets, finances, and other as required.
• For project closure purposes, acts as (or nominates and supervises) a focal point between EDMTA, working in close collaboration with other key stakeholders throughout the process.
• Oversee and coordinate all project closure activities, working in close collaboration with Unit Heads and data project stakeholders across the Bank ensuring appropriate disposal of project assets, timely and effective final (operational) reporting, updating of information on the project repository, and effective handover of closed projects for financial closure processes.

Monitoring and reporting:

• Support the Chief Data Officer in regular review of project status, evaluating performance criteria (scope, cost, schedule and quality).
• Maintain progress reports as required by the Bank’s procedures.
• Identifies and anticipates in a timely manner, potential risks and issues specific to delivery forecasts, and advises mitigating measures to the Chief Data Officer
• Perform routine maintenance and implementation of effective monitoring and evaluation systems of programme and project activities, in line with internal requirements, and provide advice and support to portfolio managers and teams to facilitate quality delivery.
• Within the context of monitoring and evaluation, ensure all projects submit and regularly update specific milestones and targets for the duration of projects’ life-cycles, and track progress, or otherwise, against such information as per Bank’s requirements
• Provide editorial support to programmes and projects, ensuring effective and timely dissemination of reports, in line with project documentation and clients’ expectations.
• Coordinate and oversee the implementation of requests or initiatives relevant to data projects as required.

Stakeholder engagement:

• Develop stakeholder profiles and facilitate the formulation of stakeholder engagement strategies.
• Enable the formulation of EDMTA communication plans.
• Coordinate stakeholder engagement and communication, ensuring effective timing and interdependency management of communications across programmes and projects.
• Coordinate internal programme/project communications.
• Monitor the effectiveness of programme/project communications.

Quality assurance:

• Support the Chief Data Officer so that the monitoring of projects is carried out regularly in order to ensure accomplishment of set targets and results for projects/portfolios, delivery of services as per the agreed terms and conditions and in a timely manner.
• Support the Chief Data Officer to ensure there is adequate risk-based internal control system and mechanisms in place which are exercised on regular basis as per the appropriate guidelines and tools of the Bank
• Adequate quality management procedures are applied across projects/portfolios of EDMTA.
• Assurance procedures are embedded into the programme management of EDMTA and are applied consistently across all projects/portfolios as per the Banks’ corporate guidelines, procedures and policies.
• Identify threats and opportunities, and evaluate implications of at the organizational level.
• Provides scrutiny, challenge and support for the programme and projects steering committee.
• Forecast and track benefits (outcomes) to be realized.
• Ensure compliance with the Bank’s defined standards for programme/project management.
• Coordinate quality reviews of programme/project documents and deliverables.
• Provide quality control for management products (project documents, reports, etc.).
• Represent the Chief Data Officer in supporting key stakeholders to continuously identify and improve operational processes relevant to project implementation.

Knowledge management:

• Act as a focal point for the EDMTA maturity enhancement initiatives.
• Make recommendations on policy and tools and contribute to the development of guidance material and tools that advance EDMTA strategic project management goals
• Participate in, and advocate participation in, relevant Communities of Practice.
• Actively interact with the wider PM community to share case studies, lessons learned and best practices in the Knowledge System.
• Provides feedback to Practice Leads on policy and supporting guidance working to achieve continuous improvement of the Bank’s policies.
• Contributes to the oversight of lessons learned procedures, ensuring that lessons learnt are shared in a timely and appropriate manner.

Training and capacity building:

• Provide advice and support to project management practitioners on how to embed best practices of project and programme governance, risk management, project and programme management
• Support and provide training and internal consulting in project and programme management and provide project and programme development advice and assistance to EDMTA as required, in support of initiatives and roll-outs
• People and skills – identify skills and competence shortages to deliver the portfolio of changes and recommend suitable development.

Education Requirements

• A combination of Bachelor's Degree is required
• PRINCE2 Practitioner Certification is highly desirable.
• MSP certification (Foundation and/or Practitioner) is an advantage.

Experience Requirements:

• A minimum of 7 (seven) years of relevant and progressive professional experience
• Full working knowledge of English is required.

Application Closing Date
15th August, 2023.

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