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First Bank of Nigeria Limited
Team Lead, Payment And Negotiations
Lagos, Nigeria
First Bank of Nigeria Limited
Senior Specialist, Account Management And Reconciliation
Lagos, Nigeria
First Bank of Nigeria Limited
Team Lead, Invisibles And Remittances
Lagos, Nigeria
First Bank of Nigeria Limited
Specialist, Account And Reconciliation
Lagos, Nigeria
First Bank of Nigeria Limited
Specialist - Payment And Negotiation
Lagos, Nigeria
First Bank of Nigeria Limited
Senior Specialist - Payment And Negotiations
Lagos, Nigeria
First Bank of Nigeria Limited
Trade Specialist, Invisibles
Lagos, Nigeria
First Bank of Nigeria Limited
Senior Specialist, FX Validation And Reporting
Lagos, Nigeria
First Bank of Nigeria Limited
Team Lead, Bills For Collection
Lagos, Nigeria
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Carbon Nigeria
Senior Finance Manager
Lagos, Nigeria
Closing: May 24, 2024
6 days remainingPublished: May 17, 2024 (2 days ago)
Job Requirements
Education:
Work experience:
Language skills:
Job Summary
Contract Type:
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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.
Responsibilities
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.
- Responsible for overall coordination, management, and administration of all Trade Credit Lines, Negotiation of Presentations on Documentary Credit, Booking and Liquidation of Trade Loans, , Payments and Remittances on negotiated presentations and matured loans for the bank
- Provides leadership in the process of enforcement of compliance with regulatory dictates on Payment and Negotiation functions, ensuring that the bank complies with the provisions of the dynamically changing Foreign Exchange Extant Provisions, UCP, ISBP and other relevant international rules and standards.
- Oversees the process of provision of assurance functions in respect of enforcement of terms and conditions of Letters of Credit.
- Handles the process of engagement and relationship management with the regulators, internal and external stakeholders, local and foreign counter parties on payment and negotiation functions, sourcing of foreign exchange for payment on Compliant Presentations and Trade loans, platform development and business promotion.
- Oversees and Co-ordinate the process of Trade Loans booking and liquidation, Interest bookkeeping and collection, Charges administration on Trade Transactions.
- Oversees the process of administration of Revenue Assurance functions for the bank on Negotiated Documentation, Trade Loans, etc.
- Oversees the process of Interest and Charges Collection and Remittance
- Oversees the process of daily and periodic reconciliation of Nostro, GL, Suspense, Receivables and Payable accounts, ensuring open items are timely closed.
- Oversees the process of periodic rendition of regulatory, management and ad-hoc returns/reports as applicable to Payment and Negotiation functions.
- Oversees the process of administration and management of associated operational risks are identified with the risk mitigants put in place to avoid risk crystallization.
- Laisse with FINCON and External Auditors on Audit and Financial matters.
- Develop and handle capacity enhancement, skills building and knowledge transfer plans and programs for the team members.
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