Citibank Nigeria Jobs Vacancies [5 new]

Latest Citibank Nigeria careers and Recruitment in Nigeria. October, 2021 for:

  • Country Tax Manager
  • Commercial Banking Relationship Manager for Nigeria CSG – VP
  • Teller
  • SSA FI Sales Head
  • Technology Lead Business Analyst

Citibank Nigeria Limited (CNL) was incorporated in Nigeria on May 2, 1984 and the oldest international bank in the country. It provides a wide range of financial products and services to corporate and commercial customers, financial institutions and public sector organizations. It offers deposit and loan products, global transaction services, cash management, sales and trading, corporate finance and investment banking products.

The company was formerly known as Nigeria International Bank Ltd and changed its name to Citibank Nigeria in 2008. Today it employs about 300 people and operates 12 branches in Lagos, Abuja, Port Harcourt, Warri, Kano, Bonny, Aba, Lanlate and Ososa. As at December 31, 2016, it had over NGN 600 billion in total assets. Citibank Nigeria is owned by Citibank Overseas Investment Corporation, a subsidiary of Citibank N.A. (USA).

Citi Bank Jobs in Nigeria

Job Title: Country Tax Manager | Citibank Nigeria Limited (CNL)

Job Req ID: 21334084
Location: Lagos
Job Category: Finance
Job Family Group: Finance
Job Family: Tax

Job Purpose

  • Provide support to the Citi Country Finance Officer (CFO) to protect the Franchise and to ensure Citi is appropriately managing Tax related risks as it affects the business activities in the country.
  • Proactively identify and resolve country tax issues, supporting the financial reporting, control and management of legal vehicles in compliance with legal, tax and regulatory requirements.

Key Responsibilities
The Tax manager will coordinate, review, monitor or plan for each of the following;

  • Oversight and management of all direct and indirect tax processes
  • Management of external tax consultants and Citi’s local relationship with the Revenue Authorities
  • Management and escalation of tax audits, investigations and tax litigations etc.
  • Review of Local tax law changes and implications (and inform senior management appropriately)
  • Management of all corporate tax requirements
  • WHT offshore payments relating to profit remittance
  • Managing tax governance, risks and controls and related controls
  • Income tax accruals, Contingent tax reserves and Effective Tax Rate management
  • Review and Assessment/notice orders negotiations
  • Intercompany ICSAs review and sign-off including APS reconciliations
  • Transfer pricing documentations and reconciliations
  • Tax balance sheet accounts including deferred tax assets, FIN 48 reserves etc.

Business Relationships:

  • Responsible for oversight over taxes that are applicable to the Bank.
  • Ensure that the control environment remains safe and sound by liaising with Operational Risk Management (ORM), Compliance, Legal and the Regulatory Reporting Governance Committee (RRGC).
  • Act as regulatory liaison by proactively dealing with the requirements of the Central Bank of Nigeria, Tax Authorities and  regulators.

Person Specification
Academic Qualification / Other Requirements:

  • Minimum of First Degree or equivalent in any discipline
  • Possession of ACA, ACCA, CFA or other relevant professional qualification or relevant higher degree required
  • Minimum of 15 Years post-graduation experience, of which 10 years ideally be within the banking sector with 3 years as SM with experience in at least three (3) major areas of banking operations.

Knowledge:

  • Analytical and Financial Skills: applicant must acquire an  understanding of the Firm’s financials, balance sheet and income statement with ICG Institutional Client Group, ability to discern key drivers and risk/opportunities.
  • Communication skills: will be interacting with  senior management within Citi, on a variety of internally driven and function driven deliverables.
  • Teamwork/Relationship Management: the position requires extensive teamwork, partnership and collaboration across Finance and other functions
  • Working knowledge of banking products and business

Skills:

  • Strong interpersonal and communications skills
  • Good teamwork and project management skills.
  • Proficiency in Excel, Power point and word office software.

Core Competencies:

  • Good Accounting and tax skills
  • Financial Modeling and analytical skills

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Commercial Banking Relationship Manager for Nigeria CSG – VP | Citibank Nigeria Limited (CNL)

Job Req ID: 21376676
Location: Lagos
Job Category: Institutional Sales

Background

  • This role is based in Lagos, reporting directly to the Middle East, Turkey and Africa CSG Cluster Head based within Citi Commercial Bank’s (CCB) team in Dubai and matrix to the Global Subsidiaries Group Head in country. 
  • The Relationship Manager will have responsibility for developing new subsidiary relationships into the CSG Nigeria business together with strengthening an existing cross border portfolio.
  • The RM would be responsible for subsidiaries of multinational clients. The primary responsibilities will be to build relationships and provide financial solutions for the subsidiaries of CCB clients with international presence.
  • The job involves day-to-day co-operation with various CCB presence countries and regions, as well as both the product and implementation teams in Lagos, Dubai or London.
  • Responsibilities also include active engagement in projects related to additional products and functionalities offered by the CCB teams across the region.
  • Citi Commercial Bank caters to SME (Small & Medium Enterprise) and MME (Mid-Market Enterprise) segments. CSG Relationship Manager needs to be aware of country-specific capabilities, limitations, and KYC and lending regulations. S/he needs to be proficient in the product suite offered, working knowledge of Lending products, Trade, FX, and Cash Management as well as Approved Elsewhere Program (AEP) guidelines. This role requires excellent coordination with the overseas Parent Account Manager (PAM) on all matters related to Prospecting/Qualifying, Approving Unit Structuring, Approving Unit Underwriting/Approval, Extending Unit Due Diligence, Legal Documentation, Booking / Funding and managing the end-to-end CSG relationship.
  • This is a great opportunity for someone looking to further their career in Commercial Banking and become a founder member of the new CSG business in Nigeria.

Job Purpose

  • Active calling on subsidiaries of CCB customers in Nigeria
  • Managing relationships with CCB customers in Nigeria, including cash management solutions, FX, trade and credit products
  • Monitoring and supporting the products’ implementation process
  • Supporting the international expansion of CCB customers
  • Managing customers and transactions in the existing CRM platform
  • Interaction with other CCB structures across the globe
  • Verifying adherence to global KYC (Know Your Customer) standards during the referral management process
  • Maintaining overall control and accountability for the managed cross-border transactions referrals.

Key Responsibilities

  • Customer acquisition and building relationships with subsidiary relationships in Nigeria
  • Assessing credit needs and underwriting credit for subsidiaries
  • Leading RFP solutions, working with product partners, and client presentation process
  • Liaising and co-ordinating with other regional CCB teams to develop processes aligned with the requirements of CCB customers and identifying further business opportunities
  • Interaction with cash management product and implementation teams to improve the product offering and service standards
  • Adhere to internal control policies including KYC, completion and updating of all required documentation
  • Must support and influence the sales process by applying business knowledge.

Qualifications
Education Level:

  • University Degree
  • A Postgraduate Degree or relevant professional qualifications is mandatory.

Knowledge:

  • Minimum of 15 years post-graduation experience out of which 10 years must have been in the banking industry and at least 2 years must have been on the Assistant General Manger grade.
  • Thorough understanding of banking products for middle market corporate customers
  • Understanding of on-boarding process critical elements
  • Experience in Commercial / Relationship Banking with international customers
  • Ability to assess credit risk of the corporate client.

Skills:

  • Strong communication skills and well-structured work approach
  • Independent and well organized
  • Strong business orientation and ability to react well under pressure to immediate business needs
  • Strong focus on delivery
  • Ability to turn concepts into actual solutions that can be delivered
  • Excellent presentation skills and ability to influence decisions at all levels
  • Strong analytical skills with a motivation to learn
  • Ability to follow through on risks/issues and track them to closure
  • Experience in managing multiple project timelines and prioritizations.

Core Competencies Technical:

  • Excellent computer skills
  • Understanding of issues in the implementation / onboarding process.

Behavioral:

  • Exploring issues and generating solutions. Analysis and use of a diverse range of environmental and business information to identify business priorities and making decisions to deliver business benefits
  • Team player with the ability to support the wider CCB team, as well as requesting support from the appropriate team members as required
  • Ability to engage appropriately at all levels in the organization and build relationships with a variety of business and external sources. 

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply

Note

  • Citi is an equal opportunity and affirmative action employer.
  • Qualified applicants will receive consideration without regard to their race, colour, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Job Title: Teller | Citibank Nigeria Limited (CNL) | Job Req ID: 21368317 | Location: Nigeria – Lagos, ABuja
Time Type: Full-time
Job Family Group: Operations – Transaction Services
Job Family: Cash Management

Overview

  • Acting as the functional heart of our business, Operations makes everything work on time and on target, in a world that demands lightning-fast transaction speeds, pinpoints execution accuracy and full visibility.
  • It ensures global transactions flow smoothly around the clock, wherever we do business. Without it, the daily clearance, settlement and execution of a trillion dollars’ worth of trades and the weekly movement of tens of billions of dollars in dozens of world currencies would come to a complete standstill.

Responsibilities

  • The Teller is an entry-level role responsible for processing varied cash & trade operation tasks in coordination with the Transaction Services team.
  • The overall objective is to perform multiple processing activities of limited complexity in a fast-paced environment while focusing on quality, details and accuracy.

Other Responsibilities:

  • Apply detailed processing knowledge to deliver efficient customer service that meets quality standards
  • Perform limited complexity transaction duties / Cash & Trade Operation tasks under general supervision
  • Complete processing activities related to compliance and control
  • Assist new team members with procedural tasks
  • Contact internal and external customers on a frequent basis
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm’s reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency.
  • This job description provides a high-level review of the types of work performed.
  • Other job-related duties may be assigned as required.

Qualifications
Education / Experience:

  • B.Sc – First Degree.
  • 1 year of relevant experience.
  • Pass basic induction and operations training.

Success Profile:

  • You’ll have strong communication, planning and organizational skills which will benefit you and the team.
  • Our teams need individuals who can research, process, and interpret large amounts of information every day which will allow you to make ethical decisions with integrity
  • Analytical
  • Adaptable
  • Logical
  • Quick-thinking
  • Multi-tasker
  • Efficient.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply

Note

  • Citi is an equal opportunity and affirmative action employer.
  • Qualified applicants will receive consideration without regard to their race, colour, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Job Title: SSA FI Sales Head

Job Req ID: 21378050
Location: Lagos, Nigeria
Job Category: Business Strategy, Management & Administration
Job Family Group: Business Strategy, Management & Administration
Job Family: Business Management

Job Summary

  • Cluster Head will have end-to-end responsibility for the development and strategic growth of a key global business within TTS that will deliver integrated solutions to the Financial Institutions segment.  
  • Scope includes traditional correspondent banking services (Cash & Trade) to banks, cash management and trade products for other segments.

Key Responsibilities

  • Manage the correspondent banking model in partnership with regional FIG, common score-cards, account plans, etc.
  • Execute global FI-TTS strategy in the cluster, specifically focused on MWBs
  • Deliver revenue, market share goals; manage critical business drivers
  • Develop and implement marketing plans by country/product to improve market share and client penetration
  • Drive the sales process – identify new revenue opportunities, originate deals, manage to grow base revenues, minimize attrition
  • Work with global and regional product partners to ensure product offering is competitive in service, function & price
  • Align annual financial plan with product partners (tied to key drivers and existing and potential customers)
  • Closely monitor client portfolio risk (AML and trade credit), with an appropriate and timely escalation of issues
  • Expected outcomes after 12 months
  • Cluster revenues to meet financial plans – supporting sustained YOY growth and top tier positioning in each market
  • Common scorecards established with FIG Bankers
  • Marketing plans established and executed to improve share by customer, country and by-product
  • Quality plans established and executed to drive to #1 positioning in external surveys.

Qualifications

  • Graduate Degree, MBA preferred, high level of personal integrity, proven dedication to excellence, leadership qualities and a flexible, creative, innovative personality
  • 10+ years related experience including correspondent banking, cash management & trade products and platforms; credit experience preferred, but not essential
  • Ability to work closely and build trust with senior management
  • Outstanding people leadership skills. Able to motivate/influence.
  • Superior interpretive and problem-solving skills.
  • Excellent team working and interpersonal skills.
  • Ability to operate in a complex matrix environment.
  • Articulate written and verbal communication skills.

Key Challenges:

  • Ability to work across multiple facets of the TTS and FIG organization
  • Ability to establish and maintain senior client relationships
  • Ability to maintain momentum and minimize client attrition
  • Ability to manage diverse risk (compliance and credit) elements in a portfolio.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply

Note

  • Citi is an equal opportunity and affirmative action employer.
  • Qualified applicants will receive consideration without regard to their race, colour, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Job Title: Technology Lead Business Analyst | Reference No.: 21298313 | Location: Lagos, Nigeria | Time Type: Full time | Job Family Group: Technology
Job Category: Business Analysis / Client Services

Overview

  • Citi’s technology team is growing at lightning speed, and we’re looking for talented technologists to help build the future of global banking. Our teams are creating innovations used across the globe – we’re changing the way people bank and how the world does business.
  • Citi’s technology team supports business operations in 100+ countries, across multiple lines of business spanning both Institutional and retail businesses.
  • The group works to optimize the IT environment by standardizing production platforms, reducing complexity, and introducing innovative solutions that provide new business capabilities, reduce total cost of ownership, and create a competitive advantage for Citi. Join an environment with a laser focus on growth and progress, and take your career to the next level through the power of Citi’s unmatched globality and vast expertise.

Description

  • The IT Business Senior Analyst is an intermediate-level position responsible for liaising between business users and technologists to exchange information in a concise, logical and understandable way in coordination with the Technology team. The overall objective of this role is to contribute to continuous iterative exploration and investigation of business performance and other measures to gain insight and drive business planning.

Responsibilities

  • Formulate and define systems scope and objectives for complex projects and foster communication between business leaders and IT
  • Consult with users and clients to solve complex system issues/problems through in-depth evaluation of business processes, systems and industry standards and recommends solutions
  • Support system change processes from requirements through implementation and provide input based on analysis of information
  • Consult with business clients to determine system functional specifications and provides user and operational support
  • Identify and communicate risks and impacts, considering business implications of the application of technology to the current business environment
  • Act as advisor or coach to new or lower level analysts and work as a team to achieve business objectives, performing other duties and functions as assigned
  • Has the ability to operate with a limited level of direct supervision.
  • Can exercise independence of judgement and autonomy.
  • Acts as SME to senior stakeholders and /or other team members.
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm’s reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications / Education

  • Bachelor’s Degree / University Degree or equivalent experience
  • Minimum of 15 years post-graduation work experience, minimum of 10 years’ experience in banking, and 3yrs. as Senior Manager/equivalent, with experience in at least 3 three (3) major areas of banking operations.
  • Experience in data analysis with intermediate/advanced Microsoft Office Suite skills
  • Proven interpersonal, data analysis, diplomatic, management and prioritization skills
  • Consistently demonstrate clear and concise written and verbal communication
  • Proven ability to manage multiple activities and build/develop working relationships
  • Proven self-motivation to take initiative and master new tasks quickly
  • Demonstrated ability to work under pressure to meet tight deadlines and approach work methodically with attention to detail

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Note

  • Citi is an equal opportunity and affirmative action employer.
  • Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
  • Citigroup Inc. and its subsidiaries (“Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

Job Title: Corporate Finance Analyst | Citibank Nigeria Limited (CNL) | Job Req ID: 21340241


Location: Lagos, Nigeria
Job Category: Institutional Banking
Job Family Group: Institutional Banking
Job Family: Corporate Banking

Job Purpose

  • The position entails working and supporting other Transactors/professionals with overall responsibility of end-to-end corporate finance business including origination, structuring, execution, and distribution of cross border & domestic transactions across Nigeria.
  • To assist SSA Corporate Finance on regional deals  

Key Responsibilities

  • Working on the direct end-to-end origination, structuring, distribution, and execution of episodic debt funding solutions for high-impact customers in conjunction with Capital Markets Origination (CMO) and Mergers & Acquisitions (M&A) partners. This will involve:
  • Producing presentation materials & pitches to high impact clients
  • Analyzing financials of clients to develop funding or advisory solutions
  • Working with coverage and product partners on all internal approvals required for transactions   
  • Preparation of investment and marketing materials (e.g. transaction teasers and investment memorandums)
  • Reviewing transaction documentation
  • Assisting Transactors to procure investors for structured & funded solutions in form of international, regional, and local financial institutions – including banks, non-bank investors multilateral and bilateral financial institutions, and other non -traditional investors
  • Assisting on structuring nonstandard funding solutions whilst driving multi-product cross-sell to deliver ‘One Citi ’ to customers in close collaboration with product, industry, risk, and Business/ coverage  partners in Nigeria 
  • Assisting Transactors to manage and mitigate all risk aspects embedded in the episodic CF transactions, including credit, XB, liquidity, and operational risks.

Person Specifications
Qualifications:

  • BSc Degree / BA Degree
  • A postgraduate degree and relevant professional qualifications will be an added advantage.

Skills & Experience:

  • Minimum of 3 to 4 years post qualification experience which ideally should be within Corporate Finance
  • Credit and financial analysis experience or relevant experience from other areas of the bank or other companies.
  • Customer management and negotiation skills
  • Ability to recognize and exploit business opportunities
  • Analytical skills
  • In-depth understanding of Accounting & Finance principles

Thinking Complexities:

  • Understanding the impact of constant regulatory changes on customers businesses and in converting them to business opportunities
  • Ability to optimally coordinate the activities of the different units within the bank in order to deliver good quality service to the customer.
  • Designing strategies and products to enable Citibank to stay ahead of the competition
  • Ability to convince customers to adhere to high compliance/ethical standards of Citibank for transaction processing in a non-compliant environment.
  • Problem loan recognition capability.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply

Note

  • Citi is an equal opportunity and affirmative action employer.
  • Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Job Title: Head, Local Corporate Coverage Unit | Job Req ID: 21340009 | Location: Lagos, Nigeria | Citibank Nigeria Limited (CNL)
Job Category: Institutional Banking
Job Family Group: Institutional Banking
Job Family: Corporate Banking

Job Purpose

  • To manage a team of coverage bankers covering Citi’s client relationships across Top Tier Local Corporates in Nigeria.
  • To build a proprietary understanding of clients’ strategic priorities, financial needs and agenda; originating and assisting in the execution of innovative deal solutions with and through Citi team partners.
  • To build client loyalty by establishing a trusted advisor relationship, as the “first banker to call” who delivers high quality service, and consistently exceeds clients’ expectations.
  • To identify new opportunities to add new, and up-tier existing, client relationships in breadth and depth through clients’ changing needs; and deliver Citi’s strategic product capabilities.

Key Responsibilities

  • Lead and manage Local Corporate relationships and coverage team to deliver the revenue and expense plan.
  • Act as Citi’s and the client’s “value-added gateway”  by originating and delivering Citi’s products and services to Sponsors, CEO, CFO and Treasurer levels of clients.
  • Fully dimension the client’s wallet and identify/create opportunities for Citi to deliver, and understand clients’ business and manage the portfolio from end-to-end.
  • Partner with Risk Management team to understand, lead and manage the risk inherent in the client portfolio and in any deal solutions.
  • Ensure adherence to the credit and compliance process standards of the Bank.
  • Coach and train junior bankers to foster teamwork across the unit. 
  • Guide bankers in building and executing a relationship plan — including a deal solutions pipeline for each client that will secure optimum Return on Capital and performance across business and credit cycles, while setting and meeting Citi’s revenue, cross-sell and capital management objectives.
  • Liaise with relevant parts of the Citi network (locally and internationally), playing the team co-ordination role in developing and serving relationships, including implementation of specialist & Citi Senior calling plans.  
  • Stay informed on product knowledge/developments and deal replication ideas, introduce new opportunities to internal business partners so as to maximize Citi’s opportunity to deliver the best to our clients.
  • Maintain asset quality to avoid delinquent or impaired asset portfolio.

Business Relationships:
Internal:

  • Frequently interact with  Capital Markets, EAF, Markets and Corporate Finance teams to generate structured customer solutions.
  • Frequently interact with TTS to achieve high credit cross sell ratio by actively selling cash management, trade  and EB products.
  • Frequently interact with Risk and CRMS to maintain acceptable credit quality  of relationships in the portfolio
  • Frequently interact with Citiservice and O&T in general to deliver proactive customer service to Top Tier Local Corporates.

External:

  • Frequently interact with all Top Tier Local Corporates Target Market prospects to generate incremental business for the bank.

Person Specification
Qualifications:

  • University Degree
  • A postgraduate Degree and relevant professional qualifications is mandatory.

Skills & Experience:

  • 15 years post-graduation experience out of which 12 years must have been in the banking industry and at least 2 years must have been on the Deputy General Manger grade.
  • Risk and Product Skillset (Capital Markets, Investment Banking)
  • Mandatory working experience in at least 3 major areas of banking operations.
  • Analytics –  Assimilating new information quickly and relating it to the needs of the client base
  • Organized and Proactive –  Identifying new business opportunities and making it happen
  • Verbal and Written Communication and Presentation skills – compelling client presentations, as well as communicating the detail of client relationship situations to internal contacts simply and succinctly

Required Knowledge:  

  • Credit skills
  • Solid understanding of Corporate and Investment Banking products/solutions
  • Prior client relationship management experience and/or relevant product experience
  • Leadership and management strategies
  • Responsible for meeting a budget on a portfolio of clients
  • Fully conversant with Citi credit and compliance policies and practices

Required Competencies:

  • Excellent interpersonal skills, including listening skills/temperament and cultural sensitivity.  Ability to lead persuasively and foster teamwork.
  • Able to build and sustain good personal contacts with client executives at varying levels of seniority, balancing client needs and Citi objectives/priorities. 
  • Innovative – willing to develop a detailed understanding of client issues/needs and develop ideas/solutions in response.
  • Strong work ethic; high energy levels; results oriented – a self-starter prepared to take the initiative to start topics and/or follow issues through, whilst exercising judgment as to when to seek assistance.
  • Networking – Maintaining close contact with coverage, product and risk specialists within Citi locally and internationally.
  • Natural Team Player – Having an adaptable/flexible approach; willing to work in a co-operative manner to fulfil client and internal requirements.

Thinking Complexities:

  • Understanding the impact of constant regulatory changes on customers businesses and in converting them to business opportunities
  • Ability to optimally coordinate the activities of the different units within the bank in order to deliver quality service to the customer.
  • Designing strategies and products to enable Citibank stay ahead of competition
  • Ability to convince customers to adhere to high compliance/ethical standards of Citibank for transaction processing in a non-compliant environment.
  • Problem loan recognition capability

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply

Note

  • Citi is an equal opportunity and affirmative action employer.
  • Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Job Title: Relationship Analyst | Job Req ID: 21336211 | Citibank Nigeria Limited (CNL)
Location: Lagos, Nigeria
Job Category: Institutional Banking
Job Family Group: Institutional Banking
Job Family: Corporate Banking

Job Background/Context

  • The Global Subsidiaries Group serves a select number of the world’s leading multinational companies.
  • Our bankers are relationship managers who build and grow our long-term relationships with these clients. They orchestrate the delivery of Citi’s vast global product platform and develop integrated financing strategies, by acting as a primary point of contact with the clients, and by working closely with Citi’s Banking, Capital Markets & Advisory, Risk, Compliance, Treasury & Trade Services, and Markets & Securities Services divisions.
  • The RA team sits within the Global Subsidiaries Group and assists in managing the global relationships with key clients
  • The RA would cover corporate clients across different industries, becoming an integral part of the Global Subsidiaries Group team.

Job Purpose

  • The RA coordinates and addresses a broad range of topics for clients, delivering the best services, and handles a significant volume of day-to-day requests/issues from internal functions.
  • Build a trusted relationship with internal partners and clients as appropriate, providing support on routine requests, navigate Citi’s extensive network of 100+ countries, and coordinate local coverage, controls, and product support, problem escalation and resolution, driving customer satisfaction.
  • Coordinate credit requests from the network and request appropriate approvals from Risk, as such assisting both revenue generation and protection for Citi.
  • Understand the Risk Policy in detail and ensure the business is operating within the policy, monitoring of credit and support documentation (e.g. Facility agreements, Support documentation, etc.).
  • Administration of new and existing credit limits, collaborating with Risk, Credit Administration, Product and Loan operations teams.
  • Respond to ad-hoc client requests in collaboration with bankers.
  • Support the annual review process and assist bankers in coordinating relationship reviews.
  • Support transaction closings, ensuring facility allocation and booking of commitments.
  • Support the negotiation of credit documentation requirements (e.g. Support, Credit, Cash Management, Trade services, FX, etc.).
  • Maintain client information database up to date following mergers, acquisitions, etc.
  • Support due to diligence documentation, processing, and approval

Development Value:

  • Opportunity to work in a large and complex organization with a demanding customer base and in a challenging and changing business environment.
  • Exposure to an open and multicultural working environment.
  • Exposure to the full Citi scope of products used by our corporate clients an opportunity to develop a sound knowledge of Citi’s core product range (Loans, FX, Cash, and Trade, etc.).
  • Opportunity to develop a thorough understanding of the extensive business Citi does with our corporate clients.

Key Responsibilities

Education Qualifications

  • Bachelor’s Degree / University Degree or equivalent experience.
  • A postgraduate Degree and relevant professional qualifications will be an added advantage

Knowledge / Experience:

  • Minimum of 8 years of post-qualification experience, ideally 8-10 years of experience within the banking industry.
  • We are looking for an experienced and highly motivated person to support Bankers.
  • Demonstrate the ability to exercise sound judgment and use initiative, but know when to refer, ensuring Bankers are able to focus on marketing efforts and revenue generation.
  • Knowledge of/experience base in institutional banking is an advantage.

Skills / Competencies:

  • Analytical – Assimilating new information quickly and relating it to the needs of the client base.
  • Organizational – Demonstrates strong organizational skills, awareness around the priority of tasks, and ability to work independently.
  • Communication – Constantly demonstrate clear and concise written and verbal communication.
  • Interpersonal skills/Networking – Able to create and sustain good personal contacts within the team and amongst Citi’s network.
  • Proactive – Prepared to take the initiative and to follow issues through, whilst exercising judgment as to when to seek assistance. Consistently client-focused and result-oriented.
  • Compliance – Ability to convince customers to adhere to high compliance/ethical standards of Citibank for transaction processing in a compliant environment
  • Team Player – Being able to work in partnership with other individuals on day-to-day and long-term projects.
  • Strong verbal and written English communication skills.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply

Note

  • Citi is an equal opportunity and affirmative action employer.
  • Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Job Title: Risk Analyst | Citibank Nigeria Limited (CNL) | Job Req ID: 21260229 | Location: Lagos, Nigeria
Job Category: Risk Management
Job Family Group: Risk Management
Job Family: Credit Decisions

Read more about the company and view other existing opportunities

Purpose of the Job

  • To identify, analyze, dimension, and manage the key risks facing the bank (primarily credit risks) for standard credits, complex credits including Financial Institutions (FI’s), syndicated loans, and other complex transactions, including transactions involving derivatives and market risks, with the key objective of ensuring a healthy portfolio and minimizing financial losses.

Job Background / Context

  • In view of the need to preserve as well as maximize shareholders’ wealth, particularly in a dynamic environment like Nigeria, it is imperative to have a strong risk management framework adequately staffed with the requisite risk expertise, to ensure a healthy risk asset portfolio, and entrench best-in-class risk management practices.

Key Responsibilities

  • Timely and good quality initial, interim, and annual credit approval requests/reviews, which comply with institutional and regulatory guidelines.
  • Analysis of complex transactions, customers, and industries including Financial Institutions (FI’s), syndications, acquisitions, and other Corporate Finance/Treasury initiatives, including derivatives and market risk impacted transactions – with the capacity to provide policy and process knowledge and guidance, as pertinent.
  • Conducting Industry Credit Reviews (ICR’s) and Target Market studies.
  • Collaborating with the relationship management teams in ensuring that credit approvals are timely and current.
  • Early problem recognition, monitoring identified risk triggers, and raising credit red flags.
  • Supporting remedial management initiatives and/or actions, where necessary
  • Ensuring the implementation of agreed action steps identified to address credit issues (including issues raised by Credit Reviewers, Internal Auditors, Regulators, etc.).
  • Maintaining customer interface and developing contacts; regular credit calls on customers.
  • Monitoring events in the local and global environment; understanding of the impact on bank’s credit assets.
  • Undertake special tasks assigned by CRM (Country Risk Manager)
  • Collaborate in the preparation of the country’s scenario plan.
  • Collaborate in the negotiation of International Swaps and Derivatives Association (ISDA) agreements and related documentation.
  • Participate in the formulation and implementation of the Country’s business and risk strategy.
  • Prepare stress tests and rapid portfolio reviews.

Qualifications and Experience

  • Minimum of a University Undergraduate Degree.
  • A postgraduate Degree in a Financial and/or business discipline, or a professional accounting and/or financial management qualification.

Knowledge / Experience:

  • At least 10 years of commercial or investment banking experience with industry and/or specialized knowledge covering key segments of the economy –  Oil & Gas, Industrials, FMCG, Telecoms, Public Sector, Financial Institutions, etc.
  • Proven track record of leadership in originating and/or analyzing and/or reviewing/approving credit requests and/or proposals across industry segments
  • Proven track record in conducting and/or actively participating in portfolio, industry, and/or sectorial reviews and analysis, including articulation, coordination, and implementation of an action plan.
  • Product knowledge (including Cash Management, Trade, Treasury products, Loans, and Corporate Finance)

Skills:

  • Strong numeracy and analytical skills.
  • Strong computing skills.
  • Strong problem-solving skills.
  • Strong presentation and communication skills.
  • Strong Leadership skills.
  • Strong interpersonal skills.
  • Strong management and organization skills.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply

Citibank Nigeria Limited (CNL) | Title: Technology Lead Business Analyst | Reference No.: 21298313
Location: 
Lagos, Nigeria
Time Type: Full time
Family Group: Technology | Category: Business Analysis / Client Services

 

Role Overview

  • Citi’s technology team is growing at lightning speed, and we’re looking for talented technologists to help build the future of global banking. Our teams are creating innovations used across the globe – we’re changing the way people bank and how the world does business.
  • Citi’s technology team supports business operations in 100+ countries, across multiple lines of business spanning both Institutional and retail businesses. The group works to optimize the IT environment by standardizing production platforms, reducing complexity, and introducing innovative solutions that provide new business capabilities, reduce total cost of ownership, and create a competitive advantage for Citi. Join an environment with a laser focus on growth and progress, and take your career to the next level through the power of Citi’s unmatched globality and vast expertise.

Success Profile:

  • As the world’s most global bank, Citi gives you the tools to be a trailblazer. We’re not just building technology, we’re building the future of banking. With thousands of employees located around the globe, we are an international team encompassing a broad range of teams, roles, and cultures, and we invite you to come and join us!

Responsibiliities

  • The IT Business Senior Analyst is an intermediate-level position responsible for liaising between business users and technologists to exchange information in a concise, logical and understandable way in coordination with the Technology team.
  • The overall objective of this role is to contribute to continuous iterative exploration and investigation of business performance and other measures to gain insight and drive business planning.

The Responsibilities Are:

  • Formulate and define systems scope and objectives for complex projects and foster communication between business leaders and IT
  • Consult with users and clients to solve complex system issues/problems through in-depth evaluation of business processes, systems and industry standards and recommends solutions
  • Support system change processes from requirements through implementation and provide input based on analysis of information
  • Consult with business clients to determine system functional specifications and provides user and operational support
  • Identify and communicate risks and impacts, considering business implications of the application of technology to the current business environment
  • Act as advisor or coach to new or lower level analysts and work as a team to achieve business objectives, performing other duties and functions as assigned
  • Has the ability to operate with a limited level of direct supervision.
  • Can exercise independence of judgement and autonomy.
  • Acts as SME to senior stakeholders and /or other team members.
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm’s reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications

  • Minimum of 15 years post-graduation work experience, minimum of 10 years’ experience in banking, and 3yrs. as Senior Manager/equivalent, with experience in at least 3 three (3) major areas of banking operations.
  • Experience in data analysis with intermediate/advanced Microsoft Office Suite skills
  • Proven interpersonal, data analysis, diplomatic, management and prioritization skills
  • Consistently demonstrate clear and concise written and verbal communication
  • Proven ability to manage multiple activities and build/develop working relationships
  • Proven self-motivation to take initiative and master new tasks quickly
  • Demonstrated ability to work under pressure to meet tight deadlines and approach work methodically with attention to detail

Education

  • Bachelor’s degree/University degree or equivalent experience.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply

Note

  • Citi is an equal opportunity and affirmative action employer.
  • Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
  • Citigroup Inc. and its subsidiaries (“Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.