Treasury Sales Officer (Derivatives)- Treasury at First Bank
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.
Since its establishment in 1894, FirstBank has consistently built relationships with customers focusing on the fundamentals of good corporate governance, strong liquidity, risk management and leadership. Over the years, the Bank has led the financing of private investment in infrastructure development in the Nigerian economy by playing key roles in the Federal Government’s privatisation and commercialisation schemes. With its global reach, FirstBank provides prospective investors wishing to explore the vast business opportunities that are available in Nigeria, an internationally competitive world-class brand and a credible financial partner.
The Bank has been named “The Best Bank Brand in Nigeria” four times in a row – 2011, 2012, 2013, 2014 – by the globally renowned “The Banker Magazine” of the Financial Times Group; and “Most Innovative Bank in Africa” in the EMEA Finance African Banking Awards 2014. FirstBank’s brand purpose is to always put its customers, partners and all stakeholders at the heart of its business, even as it is poised to standardise customer experience and excellence in financial solutions across Sub Saharan Africa, in consonance with its brand vision “To be the partner of first choice in building your future”. Our brand promise is to always deliver the ultimate “gold standard” of value and excellence. This commitment is anchored on FirstBank’s inherent values of passion, partnership and people, to position our customers first in every respect.DUTIES & RESPONSIBILITIES
Drives sales and marketing of Treasury flow products – FX, securities and money market products
Develops and maintains Client Contacts and Call Briefs.
Develops Client proposals and presentation
Through partnership with the Business Groups, identify new leads for Treasury products & solutions.
Cross sell of Treasury Products through close ties with the Business Groups
Develops indepth client knowledge and shares with the team for further Client engagement and opportunity scooping
Ensures that client revenue & volume targets are met
Constantly keeps abreast of market development and regulations.
Scopes the market for competitors’ capabilities & gap and develops how to take advantage of the identified gaps.
Participates in relevant market development activities/ bodies
Supports business units and trading teams by providing market intelligence and updates on client activities
Responsible for Sales admin such as preparation of unit MIS reports and statistics on clienmt activities, both within and outsde the bank for performance management & tracking
Executes & ensures processing of Clients treasury related transactions within agreed TAT
Develops seamless Treasury Product Requirement and educates the Business Units on such.
Works with other Units of the Bank for continuous process improvement to enhance Treasury Product distribution.
Supports the front office SBUs with marketing calls on clients
Complies with all Bank policies.
Carries out other duties assigned by the Head Treasury Sales & Derivatives Marketing
As part of the Bank’s Information Security requirements, maintain the security of all Information entrusted to the staff and comply with the principles and policies in the Information Security Handbook
Education
Minimum Education: First Degree or its equivalent in any discipline preferably business related. Professional qualifications – CFA, LFA, ICAP an advantage
Experience
Varied between 1 & 10 years relevant experience