Team Lead, Invisibles and Remittances 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 position below:

Job Title: Team Lead, Invisibles and Remittances

Job Identification: 1030
Location: Lagos
Employment Type: Full time

Job Description

• Responsible for overall coordination, management, administration, and delivery of all Form A and Invisible Products and Services (CCI, PTA, BTA, ESTACODE, Vendor and Dividend Payments and Remittances, CCI and Profit Repatriation, and all other invisible payment products and services) 
• Provides leadership in the process of enforcement of compliance with regulatory dictates, ensuring that the provisions of the dynamically changing foreign exchange manual and relevant international rules are complied with in the process of delivery of Form A and Invisible Products and Services.
• Oversees the process of mandatory compliance with the requirements of form A registration ensuring and enforcing submission of all regulatorily dictated documentation.
• Handles the process of engagement with the regulators, internal and external stakeholders, local and foreign counter parties on product, process and platform development for   Invisible products, providing enabling environment for product growth and delivery in the bank.
• Oversees the process of daily and periodic reconciliation of Nostro, GL and Suspense accounts, ensuring open items are timely closed. 
• Oversees the process of administration and management of associated operational risks ensuring that process and operational risks are identified with the risk mitigants put in place to avoid risk crystallization.
• Develops and handles capacity enhancement, skills building and knowledge transfer plans and programs for the team members.

Requirements
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
24th May 2024 (4.41 PM).

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