• Application Deadline: Wed, 5 Oct 2022 00:00:00 GMT
• Position: Support Officer - CIB Operations


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 3 - 4 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Key Responsibilities

• Ensure strict adherence/compliance to internal policies & procedures, local exchange control rulings and international standard/best practices in the processing of Letters of Credit, Bills for collections & Guarantees.


• Communicate effectively with Regulatory authorities to Keep abreast of all legal and exchange control regulations in relation to the process steps and activities within assigned duties.


• Provide constant feedback to Manager CIB OPS on all operational matters of the section.


• Printing of documents and submission to regulators


• Sending all acknowledgement copies received from regulators to the requester after submission


• Filling and record keeping of acknowledgements and approvals from the regulators.


• Uploading of acknowledgements and approvals on the share point.


• To prepare reports- list of applications/approvals submitted and received respectively.


• Updating pending list of applications/requests with the regulators.


• Ensure prompt notifications/letters goes to CBN for all petroleum products at the point of form M processing completion.


• Review queries/rejection from regulators.


• Daily check of the CBN SharePoint folder for CBN approvals


• Updating new validity date for all revalidation approvals on the BFC register.


• Introduce best practices to promote risk awareness.


• Make effective verbal or written communication on the progress of Exchange Control and Compliance


• Communicates effectively with clients, branches, senior management as well as correspondent banks on all issues as regards CIB OPS


• Provides constant feedback to Manager, CIB Ops on all operational matters within the unit.


• Liaise closely with PBB, CIB, TPS, Global Market, GMO, branch managers, Regional Operations Managers, Business Managers, and Management to ensure acceptable international operations.


• Maintain excellent relationships with key regulatory agencies such as CBN, NOTAP, SON, NCS, FMF, NIPC, ETC

Requirements

• Candidates should possess a Bachelor's Degree


• Experience Description: 3-4 Years, 2 Year’s banking experience; experience in Trade, Payments, Swift, Exchange Control would be an advantage.


• Working knowledge of rules and regulations governing Payments and Trade Attention to detail and results oriented Work in a fast paced environment.