Latest Recruitment at First Bank of Nigeria, 6th June, 2018

First Bank of Nigeria Limited (FirstBank) is Nigeria's largest financial services institution by total assets and gross earnings. With more than 10 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone and FBNBank Senegal, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi. We are recruiting to fill the vacant position below:     Job Title: Team Member - Wealth Management Specialist Job ID: 18000011 Location: Lagos Schedule: Regular Job Type: Full-time Job Description

• Advice clients and Relationship Managers to meet the clients' desired wealth management and investment objectives and therefore increase the bank’s share of the client’s wallet.
• Plays a key role in liaising with the RMs in discussing clients’ wealth management requirements as well as ensure flow of product knowledge.
• Drive the uptake of wealth products in a client centric manner.
• Support Private Banking and Retail Affluent RMs to drive knowledge of wealth products and sales.
• Drive customer experience through quality advice strategy, products offering, RM relationships.
• Work with the Team lead, to provide independent opinion on quality of clients’ existing investment portfolio and wealth needs.
• Determine clients’ risk appetite, investment preferences and returns expectations by partnering with RMs in client meetings.
• Provision of relevant solutions given client’s needs/objectives.
• Liaising with product partners (FBN Quest, Trustees and Insurance) to enhance clients’ experience.

• First Degree in any discipline with minimum of 2.2. or Higher National Diploma (HND) with minimum of Upper Credit
• 4-6 years' experience in Banking/Finance

• Banking structure, policies and procedures.
• Banking services/products
• Treasury and investment products
• Wealth Management products

• Interpersonal skills
• Very good Communications skills(written and oral)
• Must be self-solution driven and proactive
• Attention to details
• Innovation and Creative skills
• Analytical, problem solving and decision making Skills
• People management
• Relationship Management skills

• Work with relevant departments to maintain consistent look and feel of Private Banking lounges in Lagos, Abuja, and Port Harcourt.
• Interface with Marketing & Corporate Communications for update and production of brochures and marketing collaterals for Private Banking clients.
• Manage concierge services and liaise with service providers to ensure seamless service delivery to PB clients.
• Manage relationships with merchant partners to enhance PB client experience.
• Gathering of market/competitor intelligence for relevant innovations and trends both locally and offshore which influences PB customers.
• Ensure that the Private Banking brand remains distinct and aspirational at all times.
• Manage platforms for collaboration with FBN UK and other partners.
• Maintain oversight of the Private Banking website by liaising with administrators.
• Manage the Private Banking concierge services upon launch and manage relationships with lifestyle merchant partners.
• To liaise with Private Bankers, customers and other stakeholders to identify new trend and value propositions.
• Identify opportunities for new or improvements of existing products and services through deep understanding of customers’ needs and feedback on current services offered.

• Minimum experience of 5 - 7 years’ experience in Banking/Finance and Portfolio management
• First Degree in any discipline with minimum of 2.2. or Higher National Diploma (HND) with minimum of Upper  Credit.

• Solid understanding of the Client Value Proposition and experience.

• Strong analytical skills
• A specialist in user driven innovation who can translate customer needs and insights into feature sets
• An experienced concept development and co-creation facilitator
• In-depth knowledge of high end lifestyle and luxury products/services for HNIs/UHNIs.

• Reporting to the Team Lead, Techniques and Standards, the ideal candidate will provide an independent assessment of compliance quality with assurances that internal and regulatory processes are complied with.
• In addition, he/she will assist in categorizing, examining and presenting information that will aid the accuracy, efficiency and effectiveness of management decisions and monitoring requirements that are completed to measure compliance with banking regulations.

• Identifying issues requiring improvement and potential themes, and identifying relevant corrective actions required and tracking through to completion.
• Conducting periodic reviews and updates of Compliance QAR policies and procedures
• Monitoring and reporting  on the progress of actions plans  of respective units in compliance functions and assessing their adequacy for effectively managing compliance risk.
• Acting as a catalyst for change and improvement in performance / quality
• Analyzing, classifying and presenting management with information to aid decision making purposes.

• Candidates vying for the Compliance Techniques and Standards Officer role  must possess a  minimum of 2 years’ experience working in compliance or related areas in financial services
• In addition to the above, all candidates vying for any of the positions must possess the following:
• Interpersonal skills
• Excellent Communications skills
• High ethical standards and integrity
• self-solution driven attributes, proactivity and an acceptable knowledge of the business environment
• Compliance Techniques and Standards Officer candidates must possess a first degree (or equivalent ) in either  Law, Banking & Finance or any related discipline

• Reporting to the Team Lead, Product Monitoring, the successful candidate will review the development, deployment and design of products to ensure they are in compliance with statutory & regulatory guidelines.

• Identifying and improving on areas of compliance weaknesses, reviewing the integrity of compliance procedures by ensuring that controls designed to protect the Bank against non-compliance are effective.
• Strengthening the Bank’s regulatory space by developing strategies that will ensure new products or services offerings that are in line with the bank’s viewpoint and business direction
• Conducting regulatory compliance testing on all products within the bank to ensure they are still in compliance with relevant regulatory directives.

• Candidates vying for the Product Monitoring Officer role must possess a minimum of 5 years’ experience working in compliance or any related financial services area, 4 of which must be in a supervisory role and candidates must also have experience in the implementation and advisory of compliance programs and in AML and CFT Transaction Monitoring
• Product Monitoring Officer candidates possessing specialist knowledge in Anti-Money Laundering, Data Protection, Financial Markets and Fraud and Ethics would be highly desirable.
• In addition to the above, all candidates vying for any of the positions must possess the following:
  • Interpersonal skills
  • Excellent Communications skills
  • High ethical standards and integrity
  • Self-solution driven attributes, proactivity and an acceptable knowledge of the business environment