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Team Lead, Payments (Transaction Banking) at First Bank of Nigeria Limited

Posted on Thu 12th Jun, 2025 - hotnigerianjobs.com --- (0 comments)


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 Payments (Transaction Banking)

Job Identification: 1436
Location: Lagos, Nigeria

Job Responsibilities

  • Provide overall guidance, strategy and direction in the execution of the team’s product development & management functions and activities.
  • Coordinate the team’s Transaction Banking product development initiatives namely product envisioning, development enhancement and deployment to customers.
  • Conduct periodic product reviews on Transaction Banking products to remain competitive and provide best-in-class solutions to customers bank-wide.
  • Coordinate the management of Escrow accounts bankwide
  • Oversee the team’s activities, ensure minimal customer (internal/external) complaints/issues and ensure prompt resolution by relevant stakeholders
  • Manage relationship with regulatory bodies, billers, mandate owners (such as FIRS etc) in collaboration with the relationship teams and TB TSS (where applicable).
  • Initiate strategic alliances with service providers and review of Transaction Banking offering to all customers of the bank.
  • Provide coaching and mentoring to team members
  • Ensure prompt rendition of team’s performance and activity reports to Head TB Products Development.
  • Oversee Transaction Banking (collections/ePayment/Liquidity Mgt/Trade.) transactions processing in all business locations bank-wide to ensure RMs, tellers and processors comply with relevant guidelines and service level agreements with billers, regulatory bodies and mandate owners.
  • Coordinate and ensure the provision of product training, awareness and presentation sessions for staff, customers and prospects.
  • Identify new opportunities for Transaction Banking business growth and improvement and advise TSS teams and Business Units.
  • Provide management information on Cash Management and Trade industry behavior & trends and competitor intelligence to guide marketing strategies/approaches by the sales workforce of the bank.
  • Responsible for the overall delivery of Transaction Banking (collections/ePayment/Liquidity Mgt./Trade) products targets (turnover and revenue) and other KPI parameters for the team.
  • As part of the Bank’s Information Security requirements, maintain the security of all Information entrusted to the staff and comply with the principles and policies in the Information Security Handbook.

Educational Qualification

  • Minimum Education: First Degree in any related discipline. MBA or Advance Degree equivalent in Business administration, Finance or related field is an added advantage 

Experience:

  • 5+ years of banking experience overall  (with at least  3 years of experience in Transaction Banking Solutions deployment).

Application Closing Date
26th June 2025; 19:00

How to Apply
Interested and qualified candidates should:
Click here to apply online


  

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