Job Vacancies @ Citibank Nigeria Limited (CNL) – 5 Positions

Job Req ID: 22455346
Location: Lagos, Nigeria
Job Type: Full-time
Job Category: Compliance and Control
Job Family Group: Compliance and Control
Job Family: Compliance Risk Management

Job Description

• Serves as a compliance risk officer for Independent Compliance Risk Management (ICRM) responsible for establishing internal strategies, policies, procedures, processes, and programs to prevent violations of law, rule, or regulation and design and deliver a risk management framework that maintains risk levels within the firm's risk appetite and protects the franchise.
• In addition, engages with the ICRM product and function coverage teams, in order to partner to develop and apply CRM program solutions that meet business and customer needs in a manner consistent with the Citi program framework.

Responsibilities

• Designing, developing, delivering and maintaining best-in-class Compliance, programs, policies and practices for ICRM.
• Translating ICRM strategy and goals across Citi’s clients, products and geographies in a succinct and clear manner; provide direction and guidance on the programs. Serves as a subject matter expert on Citi’s Compliance programs.
• Providing oversight and guidance over the assessment of complex issues, structuring potential solutions and driving effective resolution with other stakeholders.
• Identifying and assessing Citi’s key compliance risks. Ensuring compliance risks within Citi are effectively identified, measured, monitored, and controlled, consistent with the bank’s risk appetite statement and all policies and processes established within the risk governance framework.
• Monitoring adherence to Citi’s Compliance Risk Policies and measuring compliance risk through a robust control framework and ensuring that reviews are conducted consistently across each entity on a regular basis to confirm that controls identified are operating effectively.
• Performing complex analyses of comparative data, preparing and presenting regional and global reports related to compliance risk assessments, and monitoring of compliance related issues.
• Partnering, collaborating and working with other areas within Citi, as necessary.
• Keeping abreast of regulatory changes, new regulations and internal policy changes in order to further identify new key risk areas.

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Additional duties as assigned, including:

• Acting as the West Africa Data Protection Officer with lead responsibility for advising and monitoring data protection requirements, and escalating matters as appropriate to the EMEA Chief Privacy Officer, the West Africa Compliance Head and relevant governance forums.
• Facilitating compliance with and advising on local data protection, privacy and banking confidentiality laws to Citi branches and subsidiaries across West Africa.
• Assisting with the design and delivery of the global privacy program, including policies, standards and procedures, tools, monitoring, metrics and reporting and sharing leading practices with other DPOs and business stakeholders.
• Acting as a point of contact between Citi Legal Entities in West Africa and the local privacy regulators and co-operating with the regulators and any other relevant authority on matters relating to privacy including local regulatory reporting as required by country privacy laws and joining forums organized by external bodies, where appropriate.
• Reviewing and advising on West Africa data protection impact assessments, where necessary; developing an understanding of local data processing activities, data flows and associated privacy risks.
• Monitoring and advising on individual rights requests and enquiries made by data subjects on matters in relation to privacy, including complaints or grievances.
• Ensuring that regular assessment and audits are conducted to ensure compliance with local data protection laws.
• Monitoring and advising on the completion and maintenance of records of processing activities.
• Advising on privacy-related considerations and requirements during the investigation of security incidents including advising on notifications to local privacy regulators.
• Advising on the implementation of new data protection, privacy and banking confidentiality laws in Citi Legal Entities across West Africa, working closely with first line In-Business Privacy Officers, local Product and Function teams and Country Legal and Compliance.

Education level and relevant experience
Required:

• A minimum of First Degree or its equivalent in any discipline plus a relevant higher degree or professional qualification.
• Candidates must also have a minimum of 15 years postgraduation experience, out of which at least 10 must have been in the banking industry and at least 2 as Assistant General Manager.
• Evidence of experience in at least three (3) major areas of banking operations.
• Experience in compliance, legal or other control-related function preferably in a financial services firm, regulatory organization, or legal/consulting firm, or a combination thereof.
• Knowledge of the local privacy laws and regulations in the West Africa presence and hub managed countries.
• Experience in advising on and implementing practical solutions for privacy/compliance issues.

Preferred:

• Advanced degree (e.g. JD, MBA) a plus.

Knowledge and skills:
Required:

• Demonstrated knowledge of Compliance laws, rules, regulations, risks and typologies, specifically privacy and data protection laws, rules and regulations in West Africa.
• Excellent written, verbal and analytical skills.
• Must be a self-starter, flexible, innovative and adaptive.
• Strong interpersonal skills with the ability to work collaboratively and with people at all levels of the organization.
• Ability to both work collaboratively and independently; ability to navigate a complex organization.
• Excellent project management and organizational skills and capability to handle multiple projects at one time.
• Proficient in MS Office applications (Excel, Word, PowerPoint).
• Ability to raise awareness on data protection and privacy requirements within the organization.
• Ability to promote a data protection and privacy compliant culture within the organization.
• Understanding of data security and information technology.
• Written and spoken English language skills (professional proficiency).

Preferred:

• Knowledge and experience in understanding personal data processing activities and managing areas relevant to privacy and data protection (e.g. information security; data governance; third party risk management).
• Written and spoken French language skills.

Other requirements:

• IAPP CIPP, CIPM, CIPT or other Data Protection Officer certification (existing or pending) is an advantage.
• CISSP and CIPM and other Information Security-related certifications are a plus.

Other:

• IAPP CIPP, CIPM, CIPT or other Data Protection Officer certification (existing or pending) is an advantage
• CISSP and CIPM and other Information Security-related certifications are a plus.

Application Closing Date
Not Specified.

Method of Application
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.

Job Req ID: 22543498
Location: Lagos, Nigeria
Job Type: Full-time
Job Family Group: Compliance and Control
Job Family: Business KYC

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.

Job Description

• The KYC Operations Analyst is an intermediate-level position responsible for Anti-Money Laundering (AML) monitoring, governance, oversight and regulatory reporting activities in coordination with the Compliance and Control team.
• The overall objective of this role is to develop and manage a dedicated internal KYC (Know Your Client) program at Citi, as well as to serve as Subject Matter Expert within the KDG area, proving necessary oversight and training to other KDG colleagues as well as taking an active participation in current KDG projects and activities.

Responsibilities

• Conduct client profile reviews for customer accounts
• Review all information and documentation ensuring compliance with local regulation and Citi standards
• Update KYC forms and client profiles according to policy requirements
• Follow up with clients to ensure information is received before due dates
• Perform KYC tasks, including monitoring and tracking of the KYC records and Appendix approval process, assisting with the development and execution of action planning for expiring records, and ensuring records are not past due
• Interact with clients in the most effective way to obtain KYC documentation and other compliance information on timely manner and to avoid escalations.
• Interact and act as an escalation with clients, parent account bankers, subsidiary bankers and product partners on AML and KYC-related issues.
• Provide updated client information to the KYC Maker.
• Review and respond to requests for pending client information and KYC Policy requirements.
• Confirm Country Appendices with no open accounts are still required, in partnership with BCMA.
• Acts as SME to senior stakeholders and /or other team members.
• Lead projects for efficiency gains for the wider utility.
• Act as senior peer reviewer for all record types.
• 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.

Qualifications
Education:

• Bachelor’s / University Degree or equivalent experience

Experience:

• 5-8 years of KYC experience
• Practical use of  Microsoft Applications (Outlook, Excel, Word)
• Results oriented team player with strong initiative and flexibility
• Analytical approach and curiosity factor
• Good Research skills
• Effective Time management skills

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 everyday which will allow you to make ethical decisions with integrity

Application Closing Date
Not Specified.

Method of Application
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.

Job Req ID: 22545992
Location: Lagos, Nigeria
Job Type: Full-time
Job Category: Institutional Banking
Job Family Group: Institutional Banking
Job Family: Corporate Banking

Job Summary

• The Corporate Bank Head is responsible for the strategic direction of the business, encompassing people management, strategic client management, liaison with other areas of the bank to ensure superior customer service and solution development and implementation, and ensuring adherence to all legal, regulatory, compliance, risk and other policy standards.

Job Background / Context

• Corporate Banking is the relationship management team for top tier clients in Nigeria and Ghana in various sectors, including but not limited to, oil & gas, telecoms and media, consumer, general industrials, financial institutions, and government and public sector segments.
• The Corporate Banking Head manages a team of ~18 Coverage Bankers, and Relationship Associates and support staff, ranging from C09 to C15. The team also includes a Corporate Finance unit that assists all client segments in the origination and execution of episodic transactions.
• The Corporate Bank Head is a member of BRCC for Nigeria and Ghana; ALCO member for Nigeria; and member of MANCOM for Nigeria.

Key Responsibilities

• Formulating and executing coverage strategy/business plan for names managed in the unit including account planning, calling strategy, and customer segmentation.
• Lead and manage the Corporate Bank team in Nigeria & Ghana.
• Achieving trusted advisor status through developing close working relationships with customers.
• Raise Citi’s profile with key customer seniors by interpreting macro-economic developments and industry trends
• Raise the Corporate Banking profile within Citi by building key cross-functional and cross-geographic networks.
• Champion our global network with our clients
• Strong product knowledge and analytical ability.
• Credit senior in team with in-depth knowledge of credit policies and responsible for Credit decisions /approving credits for customer base. Fully accountable for credit spectrum which includes documentation, Target Market identification, MCA, FCR, due diligence and early problem recognition.
• To increase market share and share of wallet for the portfolio.
• Awareness of competitive landscape and formulating strategic responses to environmental conditions
• Review/evaluate new business opportunities from a TM and effort/risk reward perspective.
• Customer pricing models, Risk, capacity planning.
• Ensure Compliance and KYC policies adhered to for customer base.
• Managing Customer Profitability (Revenue, Expense, CoC, EBIT, and NI and RORC) in Partnership with Product, Risk and O & T to deliver optimal value to the firm.
• Understand and effectively manage Citi’s global capacities and complexities; sound credit management; regulatory & compliance.

Development Value:

• Effective leadership;
• Multi-functional job scope – interaction across all areas of the bank;
• Self-Direction;
• Customer Focus;
• Ability to utilize information effectively;
• Creating partnerships;
• Global Effectiveness;
• Ability to keep up the pace and speed with the market;
• Adapting to the high performing culture of Citi.

Future Career Prospects:

• Corporate Bank Head in a larger country
• Regional Banking Head role
• Country/Franchise Management

Knowledge / Experience
Functional:

• Senior Credit Officer (SCO) or on path to becoming SCO
• Minimum 15 years of banking experience
• In-depth understanding of compliance issues, global and local regulatory requirements.
• Experience in working with and within a matrix organization and cross-functional teams.

Products:

• Experience in and in-depth understanding of banking products – bonds, loans / debts (short and long-term), cash management, trade products and finance, FX, interest rate hedging, liquidity management; corporate & structured finance; derivatives products;
• Strong knowledge of investment banking offerings (advisory, equity).

Market:

• In-depth industry knowledge
• Proven existing customer relationships
• Proven track record of senior relationships

Skills:

• Strategic thinker and ability to re-align timeously in line with market dictates.
• Strong Leadership and people management skills essential.
• Strong sales / customer and business development skills.
• Strong communication skills – verbal and written.
• High standards.
• Relationship building.
• Strong influencing & negotiating skills.
• Planning skills.
• Decision-making.
• Process and Controls.
• Managing a Matrix.
• Deal Origination and Execution Skills.

Competencies:

• Proven ability to leverage the Citi global network & handle complex, challenging environment.
• Proven ability to originate and close complex deals/ solutions.
• Proven ability to act as a financial advisor.
• Ability to coordinate and manage customer credit & marketing activity in a number of different countries.
• Ability to manage risk in portfolio.
• Driven and results oriented
• Sound Business judgment
• Integrity, Respect and Balance
• Tolerance for risk
• High tolerance for ambiguity
• Perseverance

Application Closing Date
Not Specified.

Method of Application
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.

Job Req ID: 22543808
Location: Lagos, Nigeria
Job Type: Full-time
Job Category Institutional Banking
Job Family Group: Corporate Banking
Job Family: Credit Decisions

Responsibilities

• Expand a portfolio of accounts with varying/complex financial needs with the objective of revenue growth and good credit quality in line with Citi’s credit standards, policies and processes
• Identify customer needs and recommend solutions to address these needs, such as financing, streamlining of cash management operations, foreign currency solutions, etc.
• Cross-sell banking products, including cash management, trade finance, trade services, structured trade products, foreign exchange, commodities, fixed income, loans (including syndicated, bilateral) and capital market products
• Responsible for all credit aspects of the relationship including annual reviews, early problem recognition and remedial management
• 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
• MBA or Master's Degree in Business mandatory.

Experience:

• Minimum of 15 years minimum post-graduation experience, out of which 10 years must have been within the Banking industry and a minimum of 3 years as a Senior Manager or equivalent position.
• Evidence of experience in at least three (3) major areas of banking operations.
• Proven and progressive related lending/credit experience or equivalent product experience
• Demonstrated credit skills, including a background in credit
• Experience with large corporate clients, capital markets products, derivatives, credit, cash management, trade, finance and securities products preferred
• Comprehensive knowledge of Corporate Banking business including related products, pertinent regulations and the lending and credit approval process
• Consistently demonstrate clear and concise written and verbal communication
• Proven analytical, planning, negotiation, and organizational skills

Competencies:

• Fluency in both English & Chinese languages required
• Responsible for the development and marketing of a growing portfolio of Chinese Corporates operating in Nigeria and West & Central Africa
• Previous Relationship Management experience in a similar structure with 2+ years of marketing
• Strong product and risk knowledge

Application Closing Date
Not Specified.

Method of Application
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.

Job Req ID: 22542977
Location: Lagos, Nigeria
Job Type: Full-time
Job Category Risk Management
Job Family Group: Risk Management
Job Family: Credit Decisions

Job Description

• Citi continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a new function in the 1st Line of Defense, to house and consistently manage credit risk activities performed across its Institutional Client Group (ICG) organization.ICM’s objective is to provide integrated “end-to-end” credit underwriting, identification, measurement, management, and monitoring for wholesale credit risk across the ICG.
• Within ICM, the Credit Underwriting function (ICM-UW) provides analysis, greenlight, underwriting, 1st Line of Defense credit approval and subsequent credit monitoring across all ICG wholesale credit businesses including Banking Capital Markets & Advisory (BCMA), Global Structured Products, Financings & Securitizations (GSP-F&S), Treasury & Trade Solutions (TTS), and Markets & Securities Services (MSS).
• Each West and Central Africa Corporate Credit Underwriter covers large and complex relationships with corporates, financial institutions and public sector clients within West and Central Africa including Nigeria and Ghana, being responsible for all underwriting activities, in partnership with BCMA and Risk (2nd Line of Defense).
• This role reports directly to the Sub-Saharan Africa (SSA) ICM Corporate Credit Underwriting Cluster Head.

Key Responsibilities
Executes, aligned with global and regional strategies, all responsibilities regarding underwriting, including, but not limited to:

• Adoption of leading practices in credit analysis, underwriting, and monitoring, including the end-to-end underwriting process, from early origination discussions, to development of credit approval memos, and senior approval forums
• Ensure Credit Approval Memo (CAM) packages are complete and accurate
• Detailed reviews of financial data, projection modeling, stress testing, and other in-depth analysis performed by junior resources in IRAU (the ICG Risk Analysis Unit)
• Balance business opportunities within Citi’s Risk appetite framework
• Facilitate relationships with key clients in Banking and Risk and with key Regulators, Internal Audit, and control functions
• Support the ICM-UW leadership on strategic initiatives/projects
• Support Voice of the Employee initiatives

Specific Risk Experience:

• Senior credit approval authority (or similar designation) covering large and complex underwritings, capital commitments, and derivatives with multi-industry experience
• Experience in and exposure to global credit risk management standards. Ability to understand capital markets products and complex financing and product structures
• Ability to implement change and develop best practices throughout an organization.
• Ability to provide strategic insights and strong sensitivity to macro and regulatory issues, and impact of such issues on the various Risk families, including operational and franchise risks
• Able to discuss and address issues associated with the allocation of risk assets and risk capital in partnership with banking and product organizations
• Proven ability to effectively engage with regulators and internal control functions including Internal Audit and Fundamental Credit Risk as well as with external audit.

Client Relationships / Business Partnership:

• As part of the 1st Line of Defense, the ability to find the right balance that achieves the aims of the business while managing Citi’s risk appropriately
• Understanding the nuances of local markets, local regulation, and the capabilities and practices of competitors
• Navigate organizational complexity and break silos
• Create and sustain a network of strong partnerships with the business in all segments & geographies and risk functions
• Provide well-reasoned, balanced assessments of risk/return trade-offs associated with transactions and client relationships
• Proven track record of partnering with global peers in leveraging and implementation of best practices

Qualifications

• First Degree or equivalent in any discipline plus a relevant higher degree or professional qualification.
• Minimum of 15 years minimum post-graduation experience, out of which 10 years must have been within the Banking industry and a minimum of 2 years as an Assistant General Manager.
• Evidence of experience in at least three (3) major areas of banking operations.
• 10+ years of corporate banking, credit risk and/or corporate finance work experience at banks/financial institutions
• Candidates with less experience but outstanding track record could be consider for the role as VP/C13
• Senior Credit Officer designation (or similar) is preferred
• Demonstrates strong ethics and integrity
• Ability to see the ‘big picture’ in a complex environment
• Can make decisions under pressure and short timeline
• Excellent verbal & written communication skills. Active listening skills.
• Demonstrated influencing and negotiating ability, resolve conflicts amongst various constituencies
• Excellent presentation skills - adept at presenting effectively to audiences of various sizes and various constituencies.

Application Closing Date
Not Specified.

Method of Application
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.