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.
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FBN operates a network of over 750 business locations across Africa, and the United Kingdom, and representative offices in Abu Dhabi, Beijing, and Johannesburg set up to capture trade-related business between geographies.
Applications are invited from interested and qualified candidates to apply to fill the job opening at First Bank of Nigeria (FBN).
Product Control Officer
Job Specifications:
- Full Time
- Required Qualifications: BA/BSC/HND
- Location: Lagos| Nigeria. See other Jobs in Lagos
- Category: Banking Jobs
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Job Description:
- Undertake reviews of positions, income recognition, valuation and all other accounting treatments of financial instruments, derivatives and all Treasury products to ensure appropriateness.
- Monitor and validate Risk, positions & P&L arising from the bank’s treasury products and activities
- Undertake reviews and other computations prepared by Market & Liquidity Risk Department.
- Monitor daily to ensure that trading activities are done within approved limits, render reports on breaches as required, and ensure positions are marked to market periodically per policy.
- Prepare and submit monthly Income attribution, independence validation & assurance, portfolio performance and risk reports to the Team Lead Product Control.
- Participate in product paper review and set-up of relevant product and accounting parameters in all solutions and applications used for treasury activities.
- Preparation of disclosures on financial instruments in the financial statements.
- Provide support in monthly account closing activities and preparation of financial and management accounts as it relates to products
- Perform any other duty assigned by Team Lead Product Control and Unit Head Product Control.
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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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Method of Application
Qualified and interested candidates should Apply by Clicking the LINK below.
Deadline: February 24, 2025
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