Senior Specialist, FX Validation and Reporting at First Bank of Nigeria Limited

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.

We are recruiting to fill the position below:

Job Title: Senior Specialist, FX Validation and Reporting

Job Identification: 1034
Location: Lagos
Employment Type: Full-time

Job Description

• Responsible for development of framework, procedures, and templates for Trade Obligation Dashboard and Reports
• Provides operational lead for preparation and rendition of weekly and bi-monthly Trade Exposure reports to the Asset and Liability Committee and EXCO of the bank.
• Provides FX purchase eligibility and Trade Documentation adequacy assurance functions for Trade customers that intend to access or buy FX for settlement of Trade obligations across all the available FX trading windows.
• Provides the operational lead for management and maintenance of FX blotter across all strata and stages of FX delivery status (SPOT, Delivered and Forwards) ensuring that accessible FX value does not exceed the allowable limits based on the registered value of regulatory forms.
• Responsible for development of framework for engagement of the SBU for advisory services, providing timely feedback/response to enquiries on outstanding Trade Obligations and successive FX purchase/utilization records for Trade Customers     
• Responsible for development and administration of collaboration framework with the Treasury and other FX related departments/units of the bank on FX position records, reports, and reconciliation.
• Provides enabling environment and platforms for trainings and capacity enhancement support functions to Trade Specialist that handles core Trade Services functions.

Education

• First Degree in any discipline 
• Trade and Professional Certification as added advantage.
• Advance and Code writing Excel Skills are mandatory

Experience:

• 5-7 years of experience in Trade Services Functions.

Application Closing Date
1st May, 2024.