Product Control Officer at First Bank of Nigeria Limited

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: Product Control Officer

Job Identification: 1280
Location: Lagos
Job Type: Full time

Job Description

• Undertake reviews of positions, income recognition, valuation and all other accounting treatments of financial instruments, derivatives and all Treasury products to ensure appropriateness. 
• Monitor and validate Risk, positions & P&L arising from the bank’s treasury products and activities
• Undertake reviews and other computations prepared by Market & Liquidity Risk Department. 
• Monitor daily to ensure that trading activities are done within approved limits, render reports on breaches as required, and ensure positions are marked to market periodically per policy.
• Prepare and submit monthly Income attribution, independence validation & assurance, portfolio performance and risk reports to the Team Lead Product Control.
• Participate in product paper review and set-up of relevant product and accounting parameters in all solutions and applications used for treasury activities.
• Preparation of disclosures on financial instruments in the financial statements.
• Provide support in monthly account closing activities and preparation of financial and management accounts as it relates to products
• Perform any other duty assigned by Team Lead Product Control and Unit Head Product Control.

Job Requirements / Qualifications

• Bachelors Degree in Accounting, Economics or any related field. 
• Must possess at least 5 years’ relevant experience in a similar role. 
• CFA or ACA/ACCA; Accounting or related Bachelors.

Application Closing Date
24th February, 2025; 03:55 PM.

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