Settlement(LCY) and Corporate Action – First Nominees needed at First Bank

JOB OBJECTIVE(S)

• Responsible Settling all LCY related securities Transactions.
• Prompt Corporate action Notification to the clients relationship with third party application provider (CBN S4, FMDQ and CSCS)

DUTIES & RESPONSIBILITIES

• Settlement of all Local (Bonds, Treasury Bills, Commercial Paper, Corporate Bonds)
• Processing of all Collective investment schemes Transactions.
• Settle and process all equity related Transactions.
• Track Corporate actions and onward payment to clients upon receipt
• Ensure prompt response to corporate actions events
• Capture Settlement; Registration; Splitting and Corporate Action (LCY) trades to the system
• Payment of Corporate Action (LCY) trades.
• Ensure that due process is followed for Receipt of securities.
• Drive the successful settlement of Corporate Action (LCY) activities and reconciliation of scrip and cash accounts.
• Render timely reports to internal stakeholders (ICEG, Audit etc) and the regulators/external stakeholders (SEC, CBN, AMCON etc).
• Maintain the security and confidentiality of all information entrusted to the staff.
• Comply with the principles and policies in the Information Security Handbook.
• Undertake any other job as delegated by the Head of Operations or any senior member of the team.
• Business continuity Champion (BCM) for FirstNominees.
• Transactions Call over. 
• Monthly Custody statement for clients (Equites, Bonds and TBILLS).

JOB REQUIREMENTS

Education

• First Degree in any field
• Other relevant professional or postgraduate qualification(s) willbe an advantage

Experience

• Minimum experience: One (1) years of relevant banking/custody operations.

Skill/Competencies

• Reasoning andAnalytical Skills.
• Accuracy and attention to detail.
• Time management and organization skills Interpersonal skills.
• Expertise in IT and Computer applications.
• Good Communications skills (written and oral) with strong business and customer focus.