Team Lead, Product Control at First Bank

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
13 days ago

Additional Details

Job ID
140398
Job Views
32

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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