Business News of Tuesday, 4 March 2025

Source: www.legit.ng

First Bank announces exciting new job vacancies for roles in 5 States

First Bank of Nigeria First Bank of Nigeria

First Bank Nigeria Limited has announced the availability of job vacancies for various roles across several states in Nigeria.

According to information on the First Bank website, the available positions are for relationship managers in commercial operations.

These vacancies are open in Gombe, Suleja, Kano, Katsina, Kaduna, and Jos.

The deadline for applying is Friday, March 14, 2025.

Job description

First Bank said successful candidates will manage client portfolios, acquire new customers, and ensure high-quality service delivery.

The core responsibilities include:

1Booking quality assets and ensuring effective portfolio monitoring.

2Assisting the business manager in executing the team’s functions and activities.

3Driving deposit mobilisation and trade transactions.

4 Providing professional financial solutions to clients.

5Structuring credit facilities in line with business potential.

6Enhancing customer relationship management and deepening existing accounts.

7Marketing the bank’s products to meet customer demands.

8 Contributing to the development of new banking products tailored to client needs

Qualifications and Requirements

A minimum of a first degree or its equivalent in any discipline, preferably business-related.

Higher degrees and relevant professional certifications are considered an added advantage.

Experience

At least three years of relevant banking experience in marketing and credit roles.

Knowledge & Skills

Candidates should demonstrate a strong understanding of the business environment, credit and risk management principles, and banking policies and procedures. Required competencies include:

Negotiation and relationship management skills.

Strategic business planning and financial analysis.

Proficiency in credit assessment and marketing.

Strong written and verbal communication skills.

IT literacy and customer relationship management abilities.

Application process

Qualified Nigerians interested in the roles are encouraged to submit their applications before the set deadline to be considered for the recruitment process. To apply you can use this link.

Banks increase workers' salaries

Earlier, Legit.ng reported that Nigerian banks are beginning to increase the pay of their employees significantly to retain top talent in the face of Nigeria's skyrocketing inflation.

Over the previous six months, GTCO, Union Bank, First Bank, and Sterling Bank have taken steps towards this direction. Zenith Bank recently joined the list as it elevated over 4,000 staff members as part of an ongoing restructuring aiming to reward performance and boost the confidence of its workforce.

One tactic used by banks to retain staff is to keep wage structures secret, but when big firms like Zenith raise salaries, it frequently sets off a chain reaction that forces rivals to follow suit. Executive trainees (ETs), who previously received N245,000 per month, would now receive N294,000 as a result of the changes. Banking officers (BOs) who currently make N800,000 will now make N960,000.

Assistant banking officers (ABOs) who currently make N609,000 will now make N730,800.