Senior Specialist, FX Validation and Reporting

2 weeks ago


Lagos, Nigeria First Bank of Nigeria Limited Full time

ABOUT THE COMPANY

First Bank of Nigeria Limited, is a Nigerian multinational bank and financial services company headquartered in Lagos Nigeria. It is the premier bank in West Africa with its impact woven into the fabric of society.

JOB SUMMARY

Education First Degree in any discipline  Trade and Professional Certification as added advantage. Advance and Code writing Excel Skills are mandatoryExperience: 5-7 years of experience in Trade Services Functions.

RESPONSIBILITIES

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.

REQUIRED SKILLS

Compliance, Corporate finance, Agile and Lean methodologies, Foreign exchange trading, Cash management, Cash management (company), Foreign exchange (payment), Documentation and record keeping

REQUIRED EDUCATION

Bachelor's degree



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