Latest Vacancies at First Bank of Nigeria (FBN) – 2 Positions

Applications are invited from interested and qualified candidates to apply for the job vacancies 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 job vacancies at First Bank Nigeria should review the job details, requirements, and application process provided below.

Business Analyst

Specifications:

• Full Time
• Required Qualifications: BA/BSC/HND
• Location: Lagos | Nigeria. See other Jobs in Lagos
• Category: Banking Jobs
• Job Alerts: To receive Job Alerts on WhatsApp, Click HERE

Description:

• Support the Finance Business Partner in budgeting, forecasting, and financial planning for various business units.
• Conduct detailed financial analysis, variance analysis, and trend reporting to inform business performance and identify improvement opportunities.
• Assist in the preparation and review of monthly, quarterly, and annual management reports for senior management and regulatory bodies.
• Collaborate with business units to gather, validate, and document financial and operational data, ensuring accuracy and completeness.
• Identify, recommend, and track key performance indicators (KPIs) in line with business objectives and regulatory requirements.
• Develop business cases and financial models to support new initiatives, product launches, or strategic projects.
• Support in facilitating financial review meetings, preparing presentations and supporting documentation as needed.
• Ensure compliance with internal controls, financial policies, and regulatory standards applicable to the Nigerian banking sector.
• Act as a liaison between finance, IT, risk, and other support departments to resolve issues and drive process improvements.
• Participate in special assignments and ad hoc projects as directed by the Finance Business Partner and Head of Finance.
• Identify and collate appropriate data for scorecard generation 
• Cascade the business unit’s budget to the the groups, teams, desks and relationship managers
• Prepare customer profitability analysis for RMs on request.
• Track performance effectively.
• Generate and communicate scorecards to End-Users
• Assist in the resolution of conflicts arising from Scorecards, MIS, Expense control, Budget of these groups
• Facilitate robust performance dialogues.
• Facilitate enlightenment/training sessions on scorecards and other Performance Initiatives.
• Maintain the Security of all Information entrusted to the staff.
• Any other responsibilities as may be assigned by Business Partner.

Qualifications and Requirements:

Education:

• First Degree in Accounting, Finance, Economics, Science or Engineering.
• Master’s Degree/Professional certification in Accounting or Finance (ACA, CIBN or similar professional qualifications).

Experience:

• Experience in MIS (Management Information System).
• Proficiency in Microsoft office suite and leading analytics tools, SQL, etc.
• Experience in Finance or Accounting.
• Minimum of 6 years’ relevant experience, in MIS, Finance, Forecasting, budgeting or finance role.

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Product Control Officer

Specifications:

• Full Time
• Required Qualifications: BA/BSC/HND
• Location: Lagos | Nigeria. See other Jobs in Lagos
• Category: Banking Jobs
• Job Alerts: To receive Job Alerts on WhatsApp, Click HERE

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).

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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