Team Lead, Account and Reconciliation Job at First Bank of Nigeria Limited

Team Lead, Account and Reconciliation Job at First Bank of Nigeria Limited
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First Bank of Nigeria Limited (FirstBank) is Nigeria's largest and most influential financial services institution, recognized for its strong asset base and impressive gross earnings. With a heritage that spans over 125 years, FirstBank has consistently been at the forefront of providing innovative financial solutions, serving over 10 million customer accounts. The Bank operates an extensive network of more than 750 branches across Nigeria, delivering a comprehensive range of retail and corporate financial services.

FirstBank's international presence underscores its commitment to global financial integration. The Bank's subsidiaries include FBN Bank (UK) Limited, with branches in London and Paris, as well as FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone, and FBNBank Senegal. Additionally, FirstBank has established Representative Offices in strategic locations such as Johannesburg, Beijing, and Abu Dhabi, further solidifying its role as a leading player in the international banking community.

We are currently seeking a highly skilled and motivated professional to join our team in the capacity below:

Job Title: Team Lead, Account and Reconciliation

Job Identification: 1125
Location: Samuel Asabia House, Lagos

Responsibilities

  • Oversee the reconciliation of all accounts linked to Treasury and Investment Operations, including Nostro, Vostro, General Ledgers (GLs), Suspense accounts, Receivables, Payables, and Blotters, ensuring accuracy and timely settlement of underlying trade transactions.
  • Enforce compliance with call-over control requirements, ensuring all processes meet established standards.
  • Administer and manage reconciliation data, reports, and files, maintaining a high level of accuracy and security.
  • Ensure adherence to corporate standards and procedures in all account reconciliation activities, promoting best practices within the team.
  • Provide functional and hands-on training to team members, fostering a culture of continuous learning and improvement.
  • Collaborate with relevant teams, departments, and subsidiaries both within and outside the department to ensure seamless reconciliation processes.
  • Support the Bank’s process and control improvement initiatives, contributing to the enhancement of operational efficiency.
  • Monitor and reconcile daily TPGL reports, ensuring alignment between Calypso and Ledger records.

Requirements

  • 8-10 years of experience in Treasury Operations (TROPS) functions, with a strong understanding of financial reconciliation processes.
  • A first degree in any discipline from a recognized institution.
  • TROPS Certification (ACI) is required; a master’s degree and other relevant professional certifications will be an added advantage.
  • Strong analytical and problem-solving skills, with the ability to work under pressure and meet tight deadlines.
  • Excellent communication and leadership skills, with the ability to lead and mentor a team effectively.

How to Apply

Interested and qualified candidates should Click Here to Apply

Application Deadline: 20th August, 2024

Conclusion

At FirstBank, we pride ourselves on fostering a work environment that values innovation, teamwork, and professional growth. By joining our team as the Team Lead, Account and Reconciliation, you will have the opportunity to contribute to our legacy of excellence while advancing your career in one of Nigeria’s most prestigious financial institutions. If you meet the qualifications and are eager to make a significant impact, we encourage you to apply and take the next step in your professional journey with us.

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