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Specialist, Payment, and Negotiation
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First Bank of Nigeria Limited Lagos, Nigeria Full timeABOUT 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 · Requirements Education: First ...
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Team Lead, Payment, and Negotiations
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First Bank Lagos, Nigeria Full timeJOB DESCRIPTION · 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 f ...
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Business Development Specialist
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Recovery Officer
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Risk and Collection Analyst
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Director, Business Development, Fintech
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Biller Online Business Manager
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Senior Sales Associate
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MAC Retail Artist(Abuja)
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Sales Merchandisers
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Trade Specialist, Invisibles
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First Bank of Nigeria Limited Lagos, Nigeria Full timeABOUT 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 · Requirements Education: First ...
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MAC Retail Artist(Lagos)
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ESSENZA INTERNATIONAL Lagos, Nigeria· . mGreet customers, answer questions and provide product recommendations. · . Demonstrate proper makeup application techniques using product samples. · . Assist in organizing and stocking makeup displays. · . Process payments and manage customer purchases. · . Provide advice o ...
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Assistant Store Keeper
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Graduate Trainee Quantity Surveyors
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Sales Purchase Officer
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Sales Merchandizers
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Sales Executive
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Procurement Officer
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Business Relationship Manager
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Contract Advisor III
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Scruples Resource Limited LAGOS, NigeriaMAIN FUNCTIONS · The Contracts Advisor supports or leads the implementation of project contracting. This may include strategy and planning work during early project development phases, contractor qualification, leading and managing commercial aspects of Pre-front end engineering ...
Team Lead, Payment, and Negotiations - Lagos, Nigeria - First Bank of Nigeria Limited
Description
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 Certification (CDCS, CSDG, CITF) Master's degree and other professional certification (added advantage)Experience: 8-10 years of experience in Trade Functions
RESPONSIBILITIES
Job Description 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.
REQUIRED SKILLS
Negotiation, Financial analysis, Financial reporting, Payment collection
REQUIRED EDUCATION
Bachelor's degree