First Bank of Nigeria Ltd.

Fixed income/Money market officer

First Bank of Nigeria Ltd.  •  Federal Republic of Nigeria (Onsite)  •  5 months ago
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Job Description

(Duties and Responsibilities)

  • Provide a vital service to the Front Office by ensuring that all funds flow in a timely and accurate manner and that all the necessary documentation is completed.
  • To ensure that trades are confirmed and settled appropriately in accordance with best market practice recommendations.
  • Judicious settlement of Treasury Bills and Bonds via the Scripless Securities Settlement System (“S4”) platform and Q-ex platform
  • Daily preparation of Maturity Profile i.e. Takings/Placements with Banks/Discount Houses-Unsecured, OBB Takings/Placements, to enable swift rendition of monthly reports to FINCON
  • Reconciliation of Treasury Bills and Bond portfolio on Finacle Treasury to DEPOx/CSCS
  • Interface with the Central Bank of Nigeria (“CBN”), FMDQ. CSCS and all other counter parties on matters relating to Bonds & TBILLS
  • Processing of coupon payment for both the bank and customers
  • Monitoring the authenticity of the accounting entries passed by Finacle Treasury
  • Thorough preparation of Bond Analysis report to stakeholders on a daily basis.

Minimum Year of Experience Required

5-8 years of experience in Trade Functions

Education Background / Professional Qualification

  1. First Degree in any discipline
  2. TROPS Certification (ACI), master degree and other professional certification (added advantage)
First Bank of Nigeria Ltd.

About First Bank of Nigeria Ltd.

First Bank of Nigeria Ltd – Keeping You First

First Bank of Nigeria Limited (FirstBank) is Nigeria’s premier commercial bank and most valuable banking brand.

With over 10 million active customer accounts and more than 750 business locations, we provide a comprehensive range of retail and corporate financial services to customers and investors wishing to explore the vast business opportunities available in Nigeria and our business locations across Africa, Europe, Middle East and Asia.

To live our promise of ‘YOU First’, we design products and services to support your personal, family and business needs.

Our array of products – cards, channels, transfer services, loans & advances, deposit products, guarantees, distributorship financing, cash management and foreign trade service – create convenience for your transactions, empower your businesses and offer flexibility of choice.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Lagos Island , NG
Year Founded
1894
Website
firstbanknigeria.com
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