Are you passionate about compliance and the financial services sector? FirstBank of Nigeria Limited, the largest financial institution in Nigeria, is on the lookout for a dedicated Product Review Officer to join our dynamic team in Lagos. This role is not just a job; it’s an opportunity to make a real impact on the compliance landscape of our banking services.
About FirstBank of Nigeria Limited
With over 10 million customer accounts and more than 750 branches nationwide, FirstBank of Nigeria Limited stands as a pillar of financial services in Nigeria. Our comprehensive range of retail and corporate offerings, coupled with our international reach through subsidiaries, positions us as a leader in the industry. We pride ourselves on our commitment to excellence and innovation, ensuring that we not only meet but exceed our customers’ expectations.
Role Overview: Product Review Officer
As a Product Review Officer, you will play a crucial role in ensuring our products and services comply with local regulations. Your expertise will help us maintain our high standards of compliance and risk management, ultimately contributing to our mission of delivering secure and reliable financial services.
Key Responsibilities
- Compliance Program Development: Assist in building and implementing the Bank’s compliance program specific to products, ensuring alignment with regulatory standards.
- Monitoring and Reporting: Continuously monitor product offerings and prepare monthly and quarterly reports on compliance issues and breaches to keep management informed.
- Regulatory Intelligence: Analyze regulatory intelligence on our product portfolio, reviewing industry practices and regulatory precedents to enhance our compliance strategies.
- Risk Assessment: Develop and implement strategies for continuous risk assessment across various products and channels, ensuring proactive management of potential issues.
- Collaboration with Regulators: Interface with regulatory agencies like the EFCC and CBN, ensuring prompt responses to inquiries and maintaining transparent communication.
Why This Role Matters
In a rapidly evolving financial landscape, compliance is more crucial than ever. The role of a Product Review Officer goes beyond merely following regulations; it is about safeguarding the integrity of the financial system and protecting customers from potential risks. This position offers a unique blend of analytical thinking and strategic planning, making it an exciting opportunity for those looking to advance their careers in banking.
Requirements
To be considered for this role, candidates should possess:
- A bachelor’s degree (or equivalent) in any discipline.
- At least 6 years of experience in compliance or a related financial services field.
- Specialist knowledge in areas such as Anti-Money Laundering, Data Protection, Financial Markets, and Fraud and Ethics is highly desirable.
- Proven experience in compliance monitoring and audit/inspection programs.
How to Apply
If you’re ready to take the next step in your career and contribute to a leading financial institution, we invite you to apply! Visit our careers page to submit your resume and cover letter.
Conclusion
Joining FirstBank of Nigeria Limited means becoming part of a team that values integrity, excellence, and innovation. As a Product Review Officer, you will not only contribute to our compliance efforts but also play a vital role in shaping the future of banking in Nigeria. Don’t miss this chance to make a meaningful impact!
Embrace the challenge and be part of a financial institution that leads the way in service and compliance. Your journey toward making a difference in the financial sector starts here!
