Fixed Income/Money Market Officer at First Bank

Job Description

• 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 
• 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 
• 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 
• Monitoring the authenticity of the accounting entries passed by Finacle Treasury
•  Thorough preparation of Bond Analysis report to stakeholders on a daily basis.

Minimum Year of Experience Required    

• 5-8 years of experience in Trade Functions

Education Background / Professional Qualification    

• First Degree in any discipline
• TROPS Certification (ACI), master degree and other professional certification (added advantage)