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Job Opening at First Bank – Apply Now

Corporate Transactional Support Officer – SBUS

  • Job Type Full Time
  • Qualification BA/BSc/HND , MBA/MSc/MA
  • Experience 5 years
  • Location Lagos
  • Job Field Banking&nbsp

Job Identification: 1652

Responsibilities

  • Provides, under the guidance of the Team Lead, legal advisory services in respect of various contracts to SBUs, SRFs and the Bank’s subsidiaries with respect to structured finance, project finance, international trade, oil & gas financing, derivatives, telecommunications financing (operators, service providers and dealers) highlighting the Bank’s attendant obligations, privileges and rights and consequences of breach of such contracts
  • Researches and prepares legal opinions on basic day-to-day issues bothering on the Unit’s activities. 
  • Attending meetings with SBUs and other SRFs for purposes of negotiating terms and conditions of commercial transaction to be entered into by the Bank.
  • Prepares the drafts of all species of local and cross-border Bonds and Guarantees and vets/reviews drafts of same prepared by counterparties to ensure there are no adverse clauses and that the interest of the Bank is adequately protected and understudies the Team Lead and Guarantee Supervisors in the Department in the art of Bonds and Guarantee drafting and reviews.
  • Supports the Team Lead in the actualization of numerous product and service offerings, alliances, partnerships and other synergistic relationships created by the Products & Channels Unit.
  • Prepares, reviews and vets a wide range of documentation, including but not limited to letter of domiciliation, Indemnities, Irrevocable Remittance Undertakings, Irrevocable Standard Payment Orders, Letters of Comfort, Letters of Support, Letters of Intent, etc.
  • Prepare Loan Agreements, Corporate Guarantees, Sales & Collection Agreements, Letters of Hypothecation, Equipment Leases, Deeds of Release etc.
  • Conducts, analyzes, and interprets searches on Certificates of Registration/Incorporation of corporate entities.
  • Supports the Team Lead and Unit Head in the provision of general advisory services to the Bank’s subsidiaries.
  • Ensures compliance with the principles and policies contained in the Information Security Handbook.
  • Ensures compliance with the principles and policies contained in the Business Continuity Management Handbook.
  • Assists the Team Lead and Unit Head in the Unit’s involvement in, and compliance with the Bank’s Information Security Management Policies, Business Continuity Management, BS25999, ISO 27001, and initiatives, internal audit outcomes and compliance with recommendations, ICAFAS, Business Performance Management, PSQA etc.

Requirements

  • Minimum of a First Degree or its equivalent in a IT related discipline
  • Masters or a recognized professional certification will be an added advantage
  • 5+ years of experience in systems support/ administration.

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Method of Application

Job Identification: 1653

Responsibilities

  • Serve as alternate/repository of all activities of the Area Legal offices which they support.
  • Performs any other duties as may be assigned by the Unit Head and/or General Counsel.
  • Supports the Unit Heads in maintaining effective interface between the Department and other Departments, Branches and Business Units of the Bank in such areas as Internal Audit activities, ICAFAS, Business Risk & Compliance Committee (BRCC) initiatives, Information Security Management, Business Continuity Management, BS25999, ISO 27001, Business Performance Management, PSQA etc. 
  • Supports the Unit Heads in championing the bank’s corporate initiatives involving the Department eg. ISO, BCM, PSQA etc
  • Maintains and champions internal efficiency/process improvement initiatives. 
  • Collates and analyzes of weekly, monthly and quarterly reports required from and submitted by Area Legal Managers for further review by the Unit Head.
  • Offers preliminary budget monitoring services as well as first level responses to enquiries and queries raised in respect thereof.
  • Creates and manages the database of all activities of the Unit for purposes of storage, confidentiality, seamless retrieval, etc.
  • Renders periodic activity/status reports as requested by the Head of the Unit and/or General Counsel
  • Prepares the drafts of all species of local and cross-border Bonds and Guarantees and vets/reviews drafts of same prepared by counterparties to ensure there are no adverse clauses and that the interest of the Bank is adequately protected and understudies the Team Lead and Guarantee Supervisors in the Department in the art of Bonds and Guarantee drafting and reviews.
  • Ensuring compliance with the principles and policies contained in the Information Security Handbook.
  • Ensuring compliance with the principles and policies contained in the Business Continuity Management Handbook.

Requirements

  • Minimum of a First Degree or its equivalent in a IT related discipline
  • Masters or a recognized professional certification will be an added advantage
  • 5+ years of experience in systems support/ administration.

go to method of application »

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