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Now Hiring: Assurance and Reconciliation Health Specialist
Employer: First Bank of Nigeria Limited (FirstBank)
Location: Lagos, Nigeria
Job Type: Full-Time
Application Deadline: May 20, 2025 at 09:49 AM
Date Posted: May 6, 2025
Job Reference ID: 1394
About the Employer
First Bank of Nigeria Limited, known as FirstBank, is the country’s foremost financial institution in terms of total assets and gross earnings. Serving over 10 million clients through an extensive network of more than 750 branches, FirstBank delivers a broad range of both personal and corporate banking services. The institution also operates internationally, with subsidiaries and representative offices in key global cities such as London, Paris, Johannesburg, Beijing, and Abu Dhabi.
Position Overview
The Assurance and Reconciliation Health Specialist will be responsible for overseeing and ensuring the integrity of operational risk and compliance frameworks within the Financial Shared Services (FSS) Group. This includes monitoring reconciliation activities, ensuring regulatory compliance, and coordinating internal and external audits.
Key Responsibilities
- Review daily dashboards provided by the Group Risk Unit (GRU) to monitor open reconciliation items and ensure their resolution within the designated time frame.
- Oversee the consistent and timely update of operational risk management tools, including RCSA (Risk Control Self-Assessment), KRI (Key Risk Indicators), and issue/action tracking systems.
- Ensure compliance with internal protocols, external regulations, and industry standards.
- Conduct validation exercises and aging analysis for outstanding reconciliation issues.
- Prepare and align the FSS Group ahead of internal, external, and regulatory audits or inspections.
- Track audit exceptions and collaborate with concerned teams to ensure prompt resolution.
- Oversee timely submission of regulatory reports to prevent potential penalties or sanctions.
- Identify and analyze emerging operational risks and trends, suggesting preventive measures.
- Lead internal training programs on operational risk management and assurance procedures.
- Promote continuous review and updates of Standard Operating Procedures (SOPs) relevant to the FSS Group.
Candidate Profile
- Bachelor’s degree in a relevant discipline is required.
- A Master’s degree or professional certification (e.g., ICAN, ACCA, CISA) would be a valuable asset.
- A minimum of 5 to 12 years of professional experience in a similar capacity, preferably in the banking or financial services sector.
How to Apply
Interested candidates who meet the job requirements are encouraged to
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