Team supervisor, Product Regulate at First Bank of Nigeria Limited (FirstBank) in Lagos

Duties

• Perform self-sufficient evaluate and confirmation of roles, earnings acknowledgment, appraisal and all other accounting treatments of financial instruments, derivatives and all Treasury goods to guarantee appropriateness.
• Routine supervising and confirmation of Risk, roles & P&L arising from the bank’s treasury goods and initiatives
• Perform evaluate of Value vulnerable, appraisal and other estimates readied by Market & Liquidity Risk Department.
• Advise treasury where necessary on P& L postings, adjustments, evaluation, modifications, attribution, and on weaknesses in treasury methods and regulates.
• Execute every month stress tests and sensitivity evaluation to evaluate the effect of movements in factors which includes interest rates, exchange rate, prices etc. on the bank’s treasury project sample.
• Track routine to guarantee that trading initiatives are done within authorized limits, render documentation on breaches as necessary, and ensure roles are marked to market periodically per regulatory framework.
• Organize and send monthly earnings attribution, autonomy confirmation & guarantee, project sample effectiveness and risk documentation to the Finance controller and CFO.
• Engage in product paper evaluate and set-up of applicable product and accounting parameters in all initiatives and applications used for treasury initiatives.
• Project setup of disclosures on financial instruments in the balance sheet and income statement.
• Offer assistance in every month account closing initiatives and project setup of financial and management accounts as it concerns goods
• Oversee the Team of 2 Product Regulate Officers
• Execute any other responsibility allocated by the Department head, Product Regulate and Finance controller.

Qualifications

Must have a minimum of 10 years’ related experience. Credentials necessary: CFA or ACA/ACCA; Accounting or associated Bachelors.