Specialist – Trade Services (Bills for Collection Creation & Payments) at First Bank of Nigeria Limited, Lagos.

First Bank of Nigeria Limited (FirstBank) is Nigeria’s largest financial services institution by total assets and gross earnings. With more than 10 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone and FBNBank Senegal, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi.

We are recruiting to fill the position below:

Job Title: Specialist – Trade Services (Bills for Collection Creation & Payments)

Location: Lagos

Job Objective(s)

  • Provides Support services to RM and branches on Bills for Collections

Duties & Responsibilities

  • Receipt of bills for collection documents
  • Manual update of Bills for Collection Shipping Documents register
  • Capture the bill documents in Finastra.
  • Ensure that the appropriate charges are taken from customer by confirming on Finacle,
  • Advice of bill of exchange to relationship managers
  • Acceptance messages to beneficiary banks
  • Release of shipping documents for Bills for Collections
  • Ensure verification of shipping documents in line with CBN regulations
  • Receipt, update and filing of Exchange control documents.
  • Seeks extension of Bills of lading from CBN
  • Approval requests to CBN for Oil Forms M. Form M and Bid request stages
  • Custodian of shipping documents, filing of documents to relevant files
  • Daily review of Autoforex accounts to track transactions
  • Ensure payment/remittance of all imports under Bills for Collection
  • Manual update of Bills for Collection Payment register
  • Filing of Swift acknowledgement copies
  • Handle all enquiries on Bills for Collection
  • Prepare Swift messages to correspondent banks relating to transaction enquiries
  • Bills for Collection Invoice Discounting and Loans
  • Bills for Collection DTR EFASS reporting
  • Ensure daily and monthly CBN returns
  • Carry out other duties as assigned by team lead and Head of Trade

Job Requirements

  • Minimum Education: First Degree in any discipline


  • Minimum experience: 4-5 years relevance work experience 

Application Closing Date
25th December, 2020.

How to Apply
Interested and qualified candidates should:
Click here to apply online