• Application Deadline: Wed, 21 May 2025 00:00:00 GMT
• Position: Portfolio Manager



• Job Type Full Time



• Qualification BA/BSc/HND , MBA/MSc/MA



• Experience 8 - 10 years



• Location Lagos




• Job Field Banking  , Finance / Accounting / Audit 
  
  

Transactional:

• Processing Private Banking client’s transactions include liaising with other units, product houses and subsidiaries of the First Bank group to process Private Banking clients’ transactions promptly


• Anchoring all transactions related to asset management, real estate purchase / finance, credits, safety deposits, trust servicers, off-shore investments and others as defined by Head Portfolio management or GH Private Banking.


• Preparing and reviewing all wealth management proposals on behalf of Private Banking clients and ensuring that these are error-free and of high standards


• Reviewing and signing of Private Banking client’s investment confirmative and certificates

Operational

• Conducting research on Investment & wealth management products and liaising with FBN Quest and other research providers for updated information on equity, bond and money markets. 


• Updating and disseminating information to private Banking team on available products and services as well as market trends.


• Monthly update of client product utilization to feed the Asset Holding Report for FBN Private Banking.


• Structuring ideal portfolios for Private Banking clients further to discussing with Relationship Managers, reviewing customer information details and leveraging other First Bank subsidiaries 


• Generating mandates on behalf of clients for FBN Capital and other product houses for the purchase or sale of securities / assets


• Generating portfolio reports and account statements for Private Banking clients as required 


• Generating periodic reports to meet monitoring and reporting requirements of First Bank Private Banking.


• Updating global position on Private Banking clients to enable effective tracking and monitoring of client relationship 


• Ensuring prompt and efficient processing of client mandates 


• Monitoring loans booked by the back office and updating clients global position report


• Verifying customer trades via online portal and updating portfolio status of clients 


• Monitoring customer accounts and portfolios to ensure that they are well-funded and active

Relational

• Maintaining good working relationships with other teams, units and subsidiaries


• Leveraging good relationship with product houses such as FBN Capital, FBN Mortgages, FBN Trustee etc. to ensure efficiency in processing Private Banking transactions


• Developing relationships with research and regulatory bodies to ensure that the unit is well informed and complies with all regulatory requirements at all times. 

Others

• Ensuring the documentation of all safe custody items


• Ensuring securities certification and release of pledged securities


• Ensuring that all client investment transactions are handled with efficiency and timelines 


• Escalate of all material, unusual or difficult transactions to Head Portfolio Management


• All other functions as assigned by the, Head Private Banking location and GH Private Banking

JOB REQUIREMENTS:

• Minimum Bachelor’s degree in relevant field 


• Master’s degree in business, finance or similar strongly preferred


• Certified Financial Analyst (CFA) / Chartered Accountant (ICAN or ACCA) / Chartered Alternative Investment Analyst (CAIA) qualification strongly preferred 


• Minimum of 8-10 years middle office background (financial services) preferred