Settlement(LCY) and Corporate Action - First Nominees at First Bank

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
104299
Job Views
62

Job Description

  • Application Deadline: Mon, 28 Oct 2024 00:00:00 GMT
  • Position: Settlement(LCY) and Corporate Action - First Nominees

  • Job Type Full Time

  • Qualification BA/BSc/HND

  • Experience 1 year

  • Location Lagos

  • Job Field Banking 



JOB OBJECTIVE(S)



  • Responsible Settling all LCY related securities Transactions.

  • Prompt Corporate action Notification to the clients relationship with third party application provider (CBN S4, FMDQ and CSCS)


DUTIES & RESPONSIBILITIES



  • Settlement of all Local (Bonds, Treasury Bills, Commercial Paper, Corporate Bonds)

  • Processing of all Collective investment schemes Transactions.

  • Settle and process all equity related Transactions.

  • Track Corporate actions and onward payment to clients upon receipt

  • Ensure prompt response to corporate actions events

  • Capture Settlement; Registration; Splitting and Corporate Action (LCY) trades to the system

  • Payment of Corporate Action (LCY) trades.

  • Ensure that due process is followed for Receipt of securities.

  • Drive the successful settlement of Corporate Action (LCY) activities and reconciliation of scrip and cash accounts.

  • Render timely reports to internal stakeholders (ICEG, Audit etc) and the regulators/external stakeholders (SEC, CBN, AMCON etc).

  • Maintain the security and confidentiality of all information entrusted to the staff.

  • Comply with the principles and policies in the Information Security Handbook.

  • Undertake any other job as delegated by the Head of Operations or any senior member of the team.

  • Business continuity Champion (BCM) for FirstNominees.

  • Transactions Call over. 

  • Monthly Custody statement for clients (Equites, Bonds and TBILLS).


JOB REQUIREMENTS


Education



  • First Degree in any field

  • Other relevant professional or postgraduate qualification(s) willbe an advantage


Experience



  • Minimum experience: One (1) years of relevant banking/custody operations.


Skill/Competencies



  • Reasoning andAnalytical Skills.

  • Accuracy and attention to detail.

  • Time management and organization skills Interpersonal skills.

  • Expertise in IT and Computer applications.

  • Good Communications skills (written and oral) with strong business and customer focus.


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