Team Lead, Product Control at First Bank

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
3 months ago

Additional Details

Job ID
140398
Job Views
51

Job Description






Job Description




  • Review/Update Controls and Process Improvements around operations on the Treasury Application.

  • Co-ordinate the Daily validation of the previous day closing positions of Treasury Products (Fixed Income Securities, Placements & Takings, Fx Derivatives).

  • Co-ordinate the validation of the consistency of account balances for Treasury Products between the Treasury and Core Banking Applications. 

  • Timely preparation and delivery of Daily, Weekly & Monthly Profit or loss Report for Treasury Products for Trading Desks & other Units.

  • Monitoring key controls/ processes around daily P or L & Balance Sheet and ensuring that all controls are followed and reviewed in a timely manner.

  • Review Journals generated by Product Control Officers and advance same for further approvals.

  • Liaising with different stakeholders – Treasury Operation, IT Third Party Support, Market and Liquidity Risk, External Auditors and Regulators - for timely resolution of issues.

  • Reviewing P or L trends and highlighting gaps / opportunities to forecast.

  • Providing advice to stakeholders on deal structures and designing optimum booking.

  • Support implementation of new Treasury and related Bank Applications.

  • Draw up and comply with Product Control Process Manual.

  • Draw up and comply with Service Level Agreement with Market Risk, Treasury, Treasury Operations, and Information Technology.

  • Preparing a report on monthly movement in OCI Positions



Job Requirements: 




  • Minimum of Bachelor's degree in Accountancy, Business Administration, Social Sciences, or any other related field.

  • ACA or ACCA Qualification

  • Minimum of 7 to 10 years experience in a similar role within the financial services industry.

  • Strong analytical and team leadership skills. 



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