About First Bank of Nigeria Limited
First Bank of Nigeria Limited is the leading bank in West Africa and deeply ingrained in society. Its culture revolves around four core values: Entrepreneurship, Professionalism, Innovation, and Customer-Centricity (EPIC). These values define the bank’s mindset, actions, and work ethic, enabling them to fulfill their vision of becoming Africa’s preferred bank. EPIC encapsulates their commitment to achieving results for each other, the bank, and themselves, fostering motivation and personal growth. Every decision and action taken by FirstBankers is guided by these values, emphasizing the importance of entrepreneurial spirit, professionalism, continuous innovation, and a customer-focused approach in their work.
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We are recruiting to fill the position below:
Job Title: Relationship Manager – (Private Banking)
Job Identification: 853
Location: Lagos; Kaduna; Owerri, Imo; and Onitsha, Anambra
Job Schedule: Full time
Duties & Responsibilities
- Manage and deepen relationships with both existing and prospective clients- High/Ultra-High Networth Individuals.
- Win new accounts and resuscitate dormant relationships.
- Profile Clients and drive the sales of Wealth Management and Investment Solutions Portfolio/services to meet client’s needs.
- Work closely with the Team Lead to implement appropriate marketing strategies aimed at positioning the Bank as Market Leaders in the high value segment business.
- Receive and ensure prompt execution of requests from Private Banking clients.
- Ensure client profitability by closely monitoring product utilization and transaction activities.
- Handle credit processing for clients including but not limited to providing support to the middle office in preparing credit requests.
- Initiate structuring of investment to meet client’s needs.
- Generate leads and work closely with the Team Lead to close business deals.
- Understand the competition & formulate counter strategy to safeguard the Banks position and win new business.
Education & Experience
- A good First Degree from a reputable institution.
- Eligible candidates for the Private Banker role must have a minimum of 2 years banking experience in Private Banking, asset management or investment banking.
- Hands-on experience in managing ultra-high net worth clients.
- Track record of success and achievement in client origination and retention.
Skills / Competencies
- Portfolio Management
- Financial Instruments Knowledge
- Credit Assessment and Structuring
- Marketing / Sales
- Business / Product Development
- Customer Relationship Management
- Budget Planning & Control
- Financial Analysis
- Business / Operational Strategy
- Asset / Investment Management
- Trust Administration
- Solid understanding of the Nigerian financial services sector and other non-bank financial services industries in which the Bank competes.
Tips to Help You Be Successful When Applying for Relationship Manager (Private Banking) at First Bank of Nigeria Limited
Here are some tips to help you be successful when applying for the position of Relationship Manager (Private Banking) at First Bank of Nigeria Limited:
- Understand the job requirements: Read the job description thoroughly and understand the specific skills, qualifications, and experience required for the role. This will help you tailor your application and highlight relevant experiences.
- Showcase your experience: Highlight your previous experience in private banking, asset management, or investment banking, especially if you have worked with high-net-worth individuals. Emphasize your track record of success in client origination and retention.
- Demonstrate your knowledge: Showcase your knowledge of portfolio management, financial instruments, credit assessment and structuring, and other relevant skills mentioned in the job description. Provide specific examples of how you have applied these skills in previous roles.
- Emphasize relationship-building skills: Private banking is all about building strong relationships with clients. Highlight your ability to manage and deepen relationships, win new accounts, and resuscitate dormant relationships. Show that you have excellent customer relationship management skills.
- Align with the bank’s values: Emphasize how you embody the core values of First Bank of Nigeria Limited, such as entrepreneurship, professionalism, innovation, and customer-centricity. Explain how these values align with your own work ethic and mindset.
- Research the bank: Familiarize yourself with First Bank of Nigeria Limited, its history, culture, and position in the market. Show that you understand the bank’s goals and vision, and explain how you can contribute to their success.
- Tailor your application: Customize your resume, cover letter, and any other application materials to specifically address the requirements of the Relationship Manager role. Use keywords and phrases from the job description to demonstrate your suitability for the position.
- Highlight your communication skills: As a Relationship Manager, effective communication is crucial. Showcase your ability to effectively communicate with clients, colleagues, and stakeholders. Provide examples of how you have successfully managed client relationships and delivered personalized financial advisory services.
- Be proactive and results-oriented: Demonstrate your proactive approach to achieving targets and driving business growth. Highlight your ability to generate leads, close deals, and meet or exceed sales targets. Show that you can contribute to the bank’s position as a market leader in the high-value segment.
- Prepare for the interview: If you are shortlisted for an interview, thoroughly research common interview questions for Relationship Managers and practice your responses. Be prepared to discuss your experiences, skills, and how you can contribute to the bank’s success.
Remember to present yourself professionally, demonstrate your passion for private banking, and showcase how your skills and experience align with the requirements of the role. Good luck with your application!
Deadline
11th July, 2023.
