HomeJobFresh Job at First Bank of Nigeria (FBN)

Fresh Job at First Bank of Nigeria (FBN)

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Applications are invited from interested and qualified candidates to apply for the latest job at First Bank of Nigeria.

First Bank of Nigeria is a Nigerian multinational bank and financial services company headquartered in Lagos. It is the biggest bank in Nigeria in terms of total deposits and gross earnings.

Working at First Bank of Nigeria offers several benefits, including a comprehensive employee benefits package that includes medical coverage for employees and their families. The bank also provides free annual comprehensive medical check-ups. Employees also have access to various types of leave.

Individuals interested in the latest job at First Bank of Nigeria should review the job details, requirements, and application process provided below.

Product Control Officer

Specifications:

Description:

  • Daily review and reconciliation of Account Balances in Treasury Application, i.e., Calypso to Core Banking Application Balances.
  • Daily review and reconciliation of Treasury suspense Account.
  • Daily validation of the previous day’s closing positions of Treasury Products (Fixed Income Securities, Placements & Takings, Fx and Derivatives).
  • Daily review & validation of Receivables, Payables and Contingent Accounts of Treasury Products.
  • Daily root-cause analysis of variances, raise exceptions against originating users/departments and/or obtain approvals for corrections (where applicable).
  • Daily GL-Blotter Reconciliation to ensure all deals consummated by Treasury dealers are documented in the blotter and posted into the Ledger, with prompt escalation of all outstanding. 
  • Timely preparation and delivery of Daily Profit or loss Report for Treasury Products for Trading Desks & other Units.
  • Monthly validation of the completeness of Fixed Income Securities & Pledges held by the bank in S4, CSCS & FMDQ and other depositories.
  • Monitor the compliance of Treasury units with the Product Control Framework and other regulatory guidelines on Treasury Products.
  • Monitor the Suspense Accounts for Treasury Products to ensure that only verifiable unsettled trades are held in such accounts (where applicable).
  • Handle the creation/modification of Accounting Rules, Account Mapping, Static Filters and other requirements for new/existing Treasury Products.
  • Support the Financial/Management Reporting Team by providing analytical insight into the performance/positions of Treasury Products.
  • Support process improvements around the Treasury Business Value chain (Trading Desks, Risk Management, Settlement Operations, Internal Control).
  • Support the management of audits relating to the Treasury Business & Products (Internal, External & Regulatory Audits).

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Qualifications and Requirements:

  • Bachelors Degree in Accounting, Economics or any related field. 
  • Must possess at least 5 years’ relevant experience in a similar role. 
  • CFA or ACA/ACCA; Accounting or related Bachelors.

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How to Apply for the Latest Job at First Bank of Nigeria

Interested and qualified candidates for the latest job at First Bank of Nigeria should click the GREEN BUTTON below to apply.

Deadline: Not Specified

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