CREDIT CONTROL OFFICER AT FIRST BANK OF NIGERIA LIMITED (FIRSTBANK) | CREDIT CONTROL JOBS IN NIGERIA

About Company:

First Bank of Nigeria Limited (FirstBank) is Nigeria's largest financial services institution by total assets and gross earnings. With more than 10 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone and FBNBank Senegal, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi.

Job Description:

• Ensure effective documentation management to minimize impairments in the event of default and also for strengthening quality of the credit portfolio in line with prudent banking practice, due diligence and compliance with best global practice
• Serve as the focal point for receipt of documentation for onward delivery to Legal Services Department for perfection
• Assist in the optimization of collateral, balance sheet quality and capital adequacy
• Proactive management of the Bank’s assets

Duties And Responsibilities
Credit Availment:

• Ensure compliance with conditions precedents to drawdown on all approved credits/Bonds & Guarantees (B&G).
• Ensure compliance with conditions precedents to drawdown on all approved credits/Bonds & Guarantees (B&G).
• Verify Relationship Teams’ confirmation of compliance with transaction dynamics for approved credits/Bonds & Guarantees.
• Recommend loan set-up and availment of lines to Verification and Availment Manager upon confirmation of compliance with stipulated approval limits.
• Ensure timely communication of approved loan set-up and availment to the BU/CPC/RPC.
• Analyse and advise Relationship Management, exceptions on confirmation of conditions precedents to drawdown and transaction dynamic in small-large sized transactions 
• Liaise with Business Units on resolution of incomplete documentation or unavailable documents on corporate loan workflow.

Monitoring of Deferrals and Waivers:

• Review approved deferrals and waivers for compliance with policy
• Maintain database of imminent & expired deferrals
• Short-dated booking of deferrals
• Monitor deferrals for regularization

Collateral Document Collection
Collateral Reviews:

• Ensure approved collateral documents are received bankwide for onward delivery to Legal Services Department for perfection and safe keeping of the original at the Collateral Repository.
• This is to cover all facilities to be booked on Finacle whether appraised by CAP or approved by the GH/RH/GEs under approved product programme. 
• Assess the adequacy of collaterals for transactions consummated at Business Unit levels.

Collateral Perfection Tracking:

• Ensure approved collateral documents are received bankwide for onward delivery to Legal Services Department for perfection and safe keeping of the original at the Collateral Repository. 
• This is to cover all facilities to be booked on Finacle whether appraised by CAP or approved by the GH/RH/GEs under approved product programme.
• It is after this that availment ticket will be issued for CPC to book the loan.
• Assess the adequacy of collaterals for transactions consummated at Business Unit levels.
• Follow up with RMs to ensure complete documentation are provided for perfection.
• Confirmation of collateral documentation adequacy with Legal Services for prompt perfection of collaterals and up stamping of same where necessary

Valuation Report Review:

• Review of valuation reports of assets for collateral adequacy and ensure no valuation is stale
• Receive copies and file as appropriate
• Ensure confirmation of sighting valuation report and collateral inspection form priori to disbursement

Insurance Policy Review:

• Ensure collateral insurance policy is in place prior to drawdown
• Escalate insurance policy exceptions where applicable 
• Complies with the principles and policies in the information security handbook.
• Any other tasks assigned by Head, Credit Risk Management or Head, Credit Control.

Requirements:

Education:

• Minimum Education: A first degree in law or any field with a strong law background plus additional qualification in business related discipline.

Experience:

• Minimum experience:  2 – 3 years banking experience

Knowledge:

• Bank’s Products dynamics & offerings
• Banking structure, policies and procedures
• Banking industry knowledge and trend
• Basic Financial planning and analysis
• Use of banking application 
• Core Business Processes
• Data Gathering and Analysis
• Regulatory Compliance
• Banking Operations
• Extensive knowledge of First Bank’s services/products
• Relationship management
• Basic Credit knowledge

Skill / Competencies:

• Excellent Interpersonal skills
• Effective communications skills (written and oral)
• Must be self- solution driven, proactive and have acceptable knowledge of the business environment
• Adequate attention to details 
• Reasoning and analytical skills
• Customer relationship management
• Internal customer relationship Management
• Good knowledge of credit documentation
• Excellent presentation skill
• People management & development skill
• Enjoy networking and alliance building.

Salary

Application Closing Date: 18th May, 2026

Application Instructions:

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