Fixed Income / Money Market Officer Job 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 Position: Fixed Income / Money Market Officer

Job Identification: 1128
Job Location: Samuel Asabia House, Lagos

Responsibilities

• Provide a vital service to the Front Office by ensuring that all funds flow in a timely and accurate manner and that all the necessary documentation is completed.
• To ensure that trades are confirmed and settled appropriately in accordance with best market practice recommendations.
• Judicious settlement of Treasury Bills and Bonds via the Scripless Securities Settlement System (“S4”) platform and Q-ex platform 
• Reconciliation of Treasury Bills and Bond portfolio on Finacle Treasury to DEPOx/CSCS 
• Interface with the Central Bank of Nigeria (“CBN”), FMDQ. CSCS and all other counter parties on matters relating to Bonds & TBILLS 
• Processing of coupon payment for both the bank and customers 
• Daily preparation of Maturity Profile i.e. Takings/Placements with Banks/Discount Houses-Unsecured, OBB Takings/Placements, to enable swift rendition of monthly reports to FINCON 
• Monitoring the authenticity of the accounting entries passed by Finacle Treasury
•  Thorough preparation of Bond Analysis report to stakeholders on a daily basis.

Requirements

• 5-8 years of experience in Trade Functions
• First Degree in any discipline
• TROPS Certification (ACI), master degree and other professional certification (added advantage)