First Bank of Nigeria Limited (First Bank) is Nigeria's largest financial services institution by total assets and gross earnings. With more than 10 million customer accounts, First Bank 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 we ll as its Representative Offices in Johannesburg, Beijing and Abu Dhabi.
We are recruiting to fill the following positions below:
1.) Relationship Manager - Commercial Banking North Division


Job Identification: 1021
Job Locations: Abuja, Kano and Katsina
Employment 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 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.
• 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.
• Market the bank’s products to meet customer needs.
• Initiate development of products required to meet customer needs.

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 of 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

Skills / 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
• Customer Relationship Management
• Budget Planning & Control
• Credit Assessment and Structuring
• Marketing/ Sales
• Business/ Product Development
• Financial Analysis Business
• Operational Strategy.

Application Closing Date: 10th October, 2024.
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Note: Only Shortlisted Applicants will be contacted.

2.) Product Review Officer
Job Identification: 1182
Job Location: Lagos
Employment Type: Full time
Responsibilities

• To assist in building, developing and implementing the Bank’s compliance program as it pertains to products
• To assist in building, developing and implementing the Bank’s compliance program as it pertains to products
• Continuously monitor products and services and ensure that they are implemented in line with local regulations
• Review regulatory intelligence on existing product portfolio by looking at regulatory precedents, industry practices and competent authorities’ opinions, in reviewing present and future product and services offerings.
• Prepare monthly/quarterly monitoring reports to the unit head on recurring compliance issues and breaches.
• Prepare case on case/monthly/quarterly monitoring reports to the MTOs (Western Union, Money Gram etc) compliance issues
• Prepare monthly BVN monitoring reports to the CBN and attendant daily/weekly/monthly issues that may arise or regulation changes
• Develop and implement strategy for ensuring the Bank’s compliance with policies and procedures for the conduct of Money Transfer business in the Bank.
• Develop consequent management for staff misconduct identified on Money Transfer desk
• Review field reports on ad-hoc visits to identified high risk MT locations with a view to reducing high rate of fraudulent activities and sanctions from Business Partners.
• Action-tracking of the resolution of all compliance-related audit or regulatory findings and related actions, management-initiated actions, and actions coming from Compliance Framework activities in branches.
• Provide input to the preparation of content for periodic Compliance-related Board and management papers.
• Ensure prompt rendition of all regulatory reports to the relevant regulatory agencies.
• Ensure records of all regulatory reports are updated, properly maintained and where applicable, promptly made available to regulators on request.
• Interface and Coordinate enquiries from Regulators and Enforcement Agencies such as EFCC, CBN, NFIU, NDLEA, FIRS and the Nigerian Police.
• Respond to enquiries from NFIU on the GOAML board and other regulators on Returns rendered.
• Develop and implement strategy for continuous risk assessment of the various products and channels in the Bank.

Requirements

• First degree (or equivalent) in any discipline, plus 5 years banking experience
• A minimum of 6 years of experience working in compliance or related financial services area
• Specialist knowledge in Anti-Money Laundering, Data Protection, Financial Markets and Fraud and Ethics would be highly desirable
• Experience in compliance monitoring and audit /inspection programs.

Application Closing Date: 2nd October, 2024.
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3.) Area Compliance Officer
Job Identification: 1183
Job Location: Lagos
Employment Type: Full time
Responsibilities

• Carry out first level support to the Branches for all regulatory and compliance activities
• Promoting positive compliance culture in branch.
• Providing compliance advisory support to business and operations within designated branches.
• Coordinating KYC/AML/CFT & Compliance training and awareness at branch level.
• Review all transaction alerts escalated by the Monitoring tool and other designated transactions on high-Risk accounts
• Investigate all unusual transactions and ensure appropriate escalation/reporting to designated regulatory agencies
• Conducting spot checks/inspections within the Branch to assess the level of voluntary compliance maintained and providing support to branches to ensure timely closure of exceptions
• Coordinate and review due diligence on customers with changed risk ratings as generated by Oracle KYC for branches.
• Conduct periodic branch visitation to ascertain adherence to regulatory provisions and internal policy expectations.
• Performing regular compliance risk assessment of regulatory activities and develop remediation plans
• Monitoring the implementation of branch compliance and conduct remediation plans and escalate open activities to Branch Head and Head, Compliance Monitoring and Reporting.
• Conduct periodic review of newly opened and existing accounts for compliance with regulatory requirement.
• Conduct Agency Banking visitation review or any review as assigned by Head of unit
• Conduct reviews on the activities of the Money Transfer Operations (FLAs)

Requirements

• First degree (or equivalent) in Law, Banking & Finance or related discipline.
• A minimum of 6 years of experience working in compliance or related areas in financial services
• Experience of implementing and advising on compliance programs.

Application Closing Date: 2nd October, 2024.
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