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.
Responsible for the physical confirmation of all contracts and collateral for LPO, IDF, CFF, APG, PFI, BG etc with Principals to validate credit documents
Responsible for physical confirmation of domiciliation arrangement from principals
Follow up with DMO and CBN on SDN to ensure that the bank’s position is secured
Physical visitation of schools to validate RAC for FirstEdu. product
Physical visitation of third-party vendors to verify suppliers under Stock replacement facility product
Validation of agreements /signatories under ESCROW account
Collect/validate all documents from RM required for processing of credit requests in CAP/SLD
Ensure appropriate loan documentation and timely follow- ups with head office departments for loan approvals
Follow up with CRM for conveyance of F3800Bto to the Relationship team upon approval
Responsible for the follow up with relevant departments to ensure perfection of security documents
Responsible for bank-wide circularization for the release of security documents
Liaise with CRM in processing the release of security documents
Liaise with Risk Departments and Legal for processing and collection of bonds
Ensure timely processing of security documents & certifications
Liaise with Legal Services for review of documents (bonds, APG & collateral perfection)
Monitoring and tracking of short term loan repayments across all SBUs and prompt escaltion of account showing early signs of deliquency
Carry out pre-approval physical visitation to markets bank-wide for market intelligence and risk assurance check across the SBUs
Assist to engage the BUs on a regular basis to deliver training and enlightenment of FTS and all its variants to facility better understand of the product to avoid pitfall and process delays
Carry out engagement and visitation of customers for assessment and profiling as part of risk assurance function to aid Management decision
Carry out pre assignment review all FTS and variants applications across all SBUs on Fintrak
Prepare and initiate the pre-approval recommendation for all FTS and variants transactions across the Bus before Management approval
Carry out the periodic post approval visitation of FTS Management & Collection officers to customers shop for stock assessment as part of the monitoring strategies
Make daily review of all active FTS and variants accounts to identify loan covenant default on accretion timelines FTS Management & Collection officers
Carry out the tracking, preparation, and rendition of daily monitoring reports of all active FTS and variants across all the SBUs
Render daily monitoring reports to all the SBUs bank-wide where all red flags are duly noted and escalated
Initiate escalation of all loan repayment defaults and early distress account to the management of relevant SBUs for prompt action
Provide weekly FTS and variants position report to the Team Lead
Drive collection on FTS and variants loans in branches and ensure performance trigger monitoring
Provide report on all collection and early delinquency signs /challenges on FTS/variants and short-term loans
Arrange regular visits/meetings with customers and follow-up on repayment arrangements
As part of Bank’s Information Security requirements, maintain the security of all information entrusted to the staff and comply with the principles in the Information Security handbooK