Team Lead, Trade Solution 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: Team Lead, Trade Solution

Job Identification: 1032
Location: Lagos
Employment Type: Full-time

Job Description

• Responsible for oversight functions on Trade Support, assisting with client and correspondent banks relations, investment strategy, reporting and risk mitigation.
• Oversees the process of ensuring that operations and relationship management conduct and practices are in sync with the standard best practice and regulatory requirements.
• Provide leadership for development of innovative ways to improve Trade functions, Services and Procedures
• Handles the process of engagement and relationship management with the regulators, internal and external stakeholders, local and foreign counter parties, correspondent banks, providing detailed information and advice on Trade Contracts and Transactions to clients and customers.
• Overseas the process of delivery of accurate and timely reporting on Trade Contracts, Transactions, Credit Lines, and Investments
• Provides Clearing House services for resolution of queries and issues raised by clients and the correspondent banks.
• Provide leadership in the process of identification of Trade Services Risks and implement risk mitigation strategy.
• Liaise with managers and project leads to ensure effective delivery of projects, service and information.
• Handles the process of engagement and relationship management with the regulators, internal and external stakeholders, correspondent banks, local and foreign counter parties on Trade Lines hunting and Trade Contract/Transaction Solutions
• Provides the lead for research on Trade Solutions, product and application development and deployment, trouble shoots and innovation, etc.
• Provides enabling environment for prompt and timely escalation and closure of incidents and enquiries from BUs, correspondent banks, counterparties and clients of the bank.
• Provides enabling environment and platforms for trainings and capacity enhancement support functions to Trade Specialist that handles core Trade Services functions.
• Oversees the process of administration and management of Trade Operational Risks ensuring there are mitigants in place to avoid risk crystallization.

Education

• First Degree in any discipline
• Trade Certification (CDCS, CSDG, CITF)
• Master’s degree and other professional certification (added advantage)

Experience:

• 8-10 years of experience in Trade Functions

Application Closing Date
1st May, 2024.