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Innovation Management Officer at Nigeria Inter-Bank Settlement System

Nigeria Inter-Bank Settlement System (NIBSS) Plc. was incorporated in 1993 and is owned by all licensed banks including the Central Bank of Nigeria (CBN). It commenced operations in June 1994. NIBSS has put in place modern world-class infrastructures for handling inter-bank payments in order to remove potential bottlenecks associated with inter-bank funds transfer and settlement.

The company also operates the Nigeria Automated Clearing System (NACS) which facilitates the electronic clearing of cheques and other paper based instruments, electronic funds transfer, Automated Direct Credits and Automated Direct Debits. NIBSS at the instance of the Bankers’ committee has acquired cutting edge technologies for the operation of the Nigeria Central Switch (NCS).

Nigeria Inter-Bank Settlement System Plc (NIBSS) provides the infrastructure for automated processing, settlement of payments and fund transfer instructions between Banks and Card Companies in Nigeria.



  • Minimum of 5 years of relevant work experience related to the job
  • Bachelor's degree from an accredited University;
  • Professional qualification(s) or its equivalent will be an added advantage.




  • Strategic perspective
  • Information analysis and management
  • Business goal management
  • Communication      
  • Business Development
  • Networking


Key Responsibilities:


  • Analyze market segments in Nigeria for new product and services ideas that may result in a new technology or application riding on existing technology.
  • Develop lean model for each of the new ideas identified and assess commercial and technical viability
  • Draw up User Requirement for implementation of new idea
  • Prepare, maintain and update on a regular basis a directory of newly conceived ideas. Major headings in the directory are Title, Purpose, Benefit and Target Market.
  • Come up with a report on payment trends in countries like India, Ghana, Kenya, Pakistan, Brazil, UK, USA etc., and provide recommendation on the next steps for NIBSS.
  • Communicate to business intelligence unit parameters of data to mine and prepare a strategic report based on the outcome of the data mined.
  • Agree with Project Office the project plan for every new product development project.
  • Work with Product Management & CRM units in piloting newly developed products & Services.




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