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 of 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).
We are recruiting to fill the positions of:
Job Title: SSA Trade Sales Head
Job Req ID: 21416919
Location: Nigeria
Time Type: Full time
Job Category: Product Management and Development
Job Family: Market Segments and Services
Job Summary
- Treasury and Trade Solutions (TTS) is a market-leading, award-winning provider of cash management, cards and trade, solutions to financial institutions, public sector, and corporate clients around the world. With a global network spanning 100+ countries, we are uniquely qualified to service clients with local and cross-border interests and provide integrated reporting and management.
- TTS is a highly innovative organization with a strong digital agenda; new products and services are continuously being developed to meet our client’s rapidly evolving treasury requirements and unlock new opportunities for growth. We provide clients with dynamic information, tools, and APIs to effectively manage their portfolios, financial positions, working capital, and supply chains.
- As SSA Trade Sales Head, the primary objective of the position is to lead an experienced Trade team to support the growth of new Trade mandates across a portfolio of SSA parented and SSA-based global subsidiary clients and shared service centers.
- As such, the role has direct sales (of structured and commoditized Trade products) and people management element, as well as a responsibility to manage and optimize the broader sales channels.
- Citi Trade solutions help our clients (both of the old and new economy) with a diverse range of strategic objectives such as sales growth, return on asset enhancement, risk mitigation, margins, and free cash flow. As such, the role involves both:
- Developing deep client relationships across multiple pillars of our clients’ organizations – including Sales, Supplier Chain, Procurement, Sustainability, Digital & Treasury/Trade.
- Leveraging data to identify client objectives, pain points, performance and ultimately produce a diagnosis and recommended courses of action for consideration by clients.
- This position will report to the SSA Trade & Working Capital Head and Matrix to the EMEA Trade Sales Head. The role can be based in Nigeria, South Africa, or Kenya.
Key Responsibilities
- Work closely with the Banking teams, cluster and regional Trade teams, Global Solution Sales, and Relationship Management to ensure a cohesive origination model for Trade.
- Establish client relationships and trusted advisor status across a portfolio of clients – with core responsibility of originating Trade opportunities across the Citi network.
- Bring the best of Citi to clients by establishing an exceptional internal network.
- Develop awareness of client’s ecosystem and environment to up-tier & differentiate the client discussion.
Development Value:
- Exceptional opportunity to develop a holistic knowledge and perspective on how the full spectrum of Trade solutions can be leveraged to address a myriad of client commercial requirements across all sectors.
- Ultimately, this experience could lead to future moves into a variety of Product or Sales roles across TTS.
Qualifications
- Bachelor’s Degree.
- Other relevant professional qualifications advantageous e.g. CFA, ACT.
Knowledge / Experience:
- Significant experience persuading, negotiating and communicating with impact externally.
- Business development experience, including building and maintaining a sales pipeline.
- Experience with Credit &/or Trade Products.
- Experience in Structuring complex Trades for clients.
- Experience delivering and executing mandates through global matrix teams.
- Developing marketing strategies to sell the Bank’s relevant products.
Skills:
- Relevant experience working in the SSA markets will be an advantage.
Competencies:
- Strong persuasion & negotiation skills, with a strong ability to adapt the style of communication for the audience.
- Track record of creativity, and drive.
- Strong networking skills, both internally and externally & a strong team player.
- Strong organizational skills.
- Ability to work under pressure and deliver against tight deadlines.
- Self-motivated and comfortable working in an unstructured environment.
- Ability to develop strategy and carry through to execution.
- Quick to adapt to constant change.
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
Job Title: Head of Audit
Job Req ID: 21416116
Location: Nigeria
Time Type: Full time
Job Category: Internal Audit
Job Description
- The Head of Audit – Nigeria is responsible for performing audits and assessments of Citi’s risk and control environments in coordination with the Audit team.
- The overall objective is to apply in-depth disciplinary knowledge through value-added perspectives or advisory services to help Citi reach business goals.
Responsibilities
This role will be responsible for:
- Execution of Country Audit assurance plan in line with Citi IA methodology by understanding the regulatory landscape and key risks related to Citi franchise, overseeing and reviewing work completed by other team members, and identifying opportunities for enhancing efficiency and quality of delivery.
- Delivering on-time high-quality Audit reports, Internal Audit, and Regulatory issue validation, as well as business monitoring and governance committee reporting.
- Leading, providing supervision, and developing a medium-sized team of auditors within the cluster to ensure quality audit and regulatory delivery.
- Representing Citi IA function in discussions with regulators within the cluster and delivering regulatory commitments.
- Partnering with the IA product and functional teams to ensure alignment and focus on critical priorities and oversee strategic coordination; including monitoring progress and tracking actions in achieving stated critical priorities and ensuring effective communication and information flow across team leads.
- Working with IA Quality Assurance (QA) team to address any QA findings, regulatory issues against IA, etc.
- Working with IA Management Information (MI) team to analyze audit data in audit systems from a regional perspective; ensuring corrections are made, as required, and following up to ensure errors detected are sustainably addressed.
- Appropriately assessing risk when business decisions are made, demonstrating particular consideration for the firm’s reputation and safeguarding Citi, 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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
- Maintaining an appropriate, pro-active, constructive, solutions-driven relationship as the independent auditor with the Chief Country Officer (CCO); and supporting the CCO in the fulfillment of their responsibilities in respect of governance, risk management, and internal control.
- Ensuring the Audit Committee, CCO, and in-country Management receive prompt, timely, and complete information relating to the activities of Internal Audit as part of governance forums and regular updates.
Knowledge, Experience, and Qualifications
- Minimum of 15 years of experience (with at least 10 years in banking) with at least 2 years at Assistant General Manager/AVP grade level.
- Minimum of 5 years must have been in a senior position within the audit function
- Minimum of 1st Degree / BA/BS or equivalent.
- A higher degree or related certifications (ACCA, CIA, CPA, ACA, CFA, CISA, CAMS, or similar) is mandatory.
- Experience in at least 3 major areas of banking.
- Experience in working with global teams and dealing with integrated internal audit and assurance delivery.
- Good understanding of the banking sector.
- Prior experience in conducting risk-based audits and presenting results to management.
- Experience in managing regulatory relationships and presenting insights into governance committees are a plus.
- Knowledge and experience of risk issue management criteria, tools, and methods.
- Understanding of how risks and control deficiencies need to be prioritized and remediated across the first and second line of defense.
Skills:
- Excellent communication skills – both written and verbal; ability to digest vast amounts of information and be able to succinctly present messages.
- Good numerical and analytical skills.
- Ability to deal with data and derive insights.
- Advanced skills with Excel.
- Demonstrating a high level of analytical rigor in formulating objectives and measuring results.
- Operating with passion and real drive when pursuing goals.
- Strong interpersonal skills for interfacing with all levels within the organization and beyond, including senior management and regulators.
- Effective influencing skills, a proactive and ‘no surprises’ approach in communicating issues/requests.
- Pragmatic problem-solver, forward thinker with independence of thought.
- Promotes a culture of collaboration and teamwork across organizational boundaries; willing to break down functional silos to optimize business results and to facilitate the overall growth of the franchise.
- Self-motivated and goal-oriented.
- Sense of urgency in implementing programs and evaluating priorities; decisive, action-oriented, and practical.
- Willing to challenge and question the status quo, making recommendations for options and best solutions.
- Critical thinking is a key requirement of the role, as themes related to risks and issues around the organization will be identified and presented to key stakeholders, such as senior management, the Audit Committee, Board, regulators, and external audit functions.
- Effective leader, being able to manage and develop auditors with different experiences and backgrounds, building a culture of trust, support, and accountability.
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
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.
- View the “EEO is the Law” poster. View the EEO is the Law Supplement.
Job Title: Liquidity Management Services, SSA Governance Product Manager – AVP
Job Req ID: 21417468
Location: Nigeria
Job Category: Product Management and Development
Job Family: Market Segments and Services
Position Objective
- Have a holistic understanding of the Liquidity Management Services business and aid in putting together materials relating to business drivers, business performance, and understanding movements in these drivers.
- Execute business strategy to support organic growth targets.
- The candidate will also be responsible for the day-to-day management of control drivers.
- Deliver the position objectives including Overdraft process management and other Governance related issues.
- Partner with in-country product managers, in-country teams, and regional teams to build and maintain strong partnerships and ensure full alignment.
- Collaborate with Operations and Technology to ensure the proper delivery of objectives within acceptable standards and re-engineer existing processes to build efficiency.
- Grow the underlying business drivers – maximizing returns while controlling risk.
- Share best practices across geographies.
Key Responsibilities
- Regular interaction with the in-country product and cash teams and acting as subject matter expert across LMS Governance issues.
- Monthly tracking of Hedges/ LP to ensure that any gaps are immediately identified and corrected through close interaction with the country teams.
- Work with the LMS cluster head to ensure accuracy of the NRFF model output vis-à-vis revenue numbers shown month on month.
- Drive the end-to-end LMS assets process including working with the Regional, Product, and Banking teams to ensure compliance with the Risk Acceptance Criteria (RAC), address RAC exceptions, weekly reporting, risk systems reconciliation, inactive accounts, and address escalated client accounts.
- Ensure standardization of LMS offerings to minimize process disparities and capability gaps across the entire set of countries in the cluster.
- Assist in preparing monthly reporting metrics for the LMS business.
- Continuous improvement of LMS Governance process, including finding a long-term solution to better manage the interest maintenance process.
- Continuous monitoring of the LMS Overdrafts to ensure that there are no build-ups, and any significant adverse movements are captured on an immediate basis, corrected, and escalated as appropriate.
- Lead LIBOR/ RFR migration and ensure LMS adherence to global objectives.
- Ensure standardization of LMS offerings to minimize process disparities and capability gaps across the entire set of countries in the cluster.
- Deliver on balance sheet objectives relating to RLAP and ensure SSA delivers the targeted RLAP score, guiding geographies on the improvement of this key LMS metric.
- Work with in-country teams to ensure full compliance and timely delivery of LMS ARCM rollouts, MCA testing, and CAPs.
- Work as a project manager on 2-3 cluster-wide initiatives across the SSA cluster.
- Work effectively with SSA cluster head for the rollout of related LMS product offerings.
- Create expertise in client demos on LMS-related systems like Interactive Solutions.
Knowledge / Experience
- Experience in banking with relevant exposure to the Liquidity Management Services business.
- Good understanding of business drivers.
Development Value:
- Business Management skills.
- Exposure to all-around LMS aspects.
- Direct exposure to senior management – TTS heads, Regional partners, etc.
- Leadership, Management, and Team engagement.
Skills:
- Excellent Analytical and Problem-solving skills.
- Project Management skills and ability to manage deadlines.
- Excellent written and oral communication skills.
- Ability to be resilient in the closure of objectives and follow through effectively.
- Excellent presentation skills.
Competencies:
- Professional disposition and customer-focused attitude towards both internal and external customers.
- Ability to work with multiple organizations and stakeholders, including Senior Management.
- Ability to cope under pressure, multitask and exude a high level of personal integrity.
- Teamwork (given cross-functional and multiple geography interactions).
- Client relationship skills (Given extensive internal/ external client interaction requirement).
- Organizational Skills (Ability to navigate through the Citi ops/tech/product/sales hierarchies to get the work done).
Application Closing Date
Not Specified.