Recruitment at
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.
Job Title: Regulatory & Credit Risk Analyst – VP/AVP
Job Req ID: 24798590
Location: Nigeria
Job Type: On-Site/Resident
Job Category: Risk Management
Job Description
- The Regulatory & Credit Portfolio Officer is a senior-level position responsible for leading activities including credit review, credit approvals and monitoring the portfolio to identify credit migration in coordination with the Risk Management team.
- The overall objective of this role is to manage Citi’s portfolio exposure to client and counterparties globally.
Responsibilities
- Develop framework for portfolio risk assessment including evaluation of credit and financial performance across varied lending products and industry segments.
- Independent review and assessment of the credit and financial profiles of the bank’s target market across industry segments, including financial institutions.
- Understand applicable credit policies, industry regulations and the requisite impact of those governance items to prospective new partners or product initiatives
- Establish and leverage cross-functional partnerships and network with key internal and external constituencies
- Utilize Statistical Analysis System (SAS) in a UNIX environment to perform risk, financial and data analyses including profiling, sampling, forecasting and new program due diligence
- Prepare risk management presentations for senior management that include analytics on expected portfolio performance and areas of potential risk and/or opportunity
- Has the ability to operate with a limited level of direct supervision.
- Can exercise independence of judgement and autonomy.
- Acts as subject matter expert (SME) to senior stakeholders and /or other team membersand relationship managers/products teams.
- 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.
- Market scan and industry analysis cum research
- Stress testing of the credit portfolio to potential shocks including idiosyncratic.
Requirements
Education:
- Bachelor’s Degree / University Degree or equivalent experience
- Master’s degree or additional professional qualification such as ACA, CFA, ACCA is mandatory
Qualifications:
- 15 Years of Post-Graduation Work Experience with 10 years in banking
- 2 years as Assistant General Manager with experience in at least 3 three (3) major areas of banking operations
- Senior Managers or eqv grades who have been in grade for a minimum of 3 years also welcome to apply
- Proven ability to apply credit and risk principles toward business goals
- Demonstrated ability to synthesize and prioritize
- Proven ability to remain organized in a fast-paced environment
- Demonstrated interpersonal, organizational and analytic skills.
Application Deadline: Not Specified.
How to Apply: Interested and qualified candidates should use the link below to apply:
Job Title: Labor Relations Senior Manager – Nigeria & Ghana
Requisition ID: 24737262
Location: Nigeria
Job type: Hybrid
Job Family: Employee Relations
Job Family Group: Human Resources
Description
- This role is a member of the newly-formed MEA Labor Relations team which reports to a MEA team lead based in the UAE. This role in turn reports to the MEA Head of HR.
- Applies in-depth disciplinary knowledge through provision of value-added perspectives or advisory services.
- May contribute to the development of new techniques, models and plans within area of expertise. Excellent communication and diplomacy skills are required, as well as an understanding of local labor laws and the applicable regulatory environment.
- Must be able to multi-task, work independently, be able to prioritize workloads and manage stakeholders to the highest level. Generally, has responsibility for volume, quality and timeliness of end results.
Responsibilities
Labor/ Union & Collective Negotiations:
- Implements the organization’s employee relations strategy to minimize the negative impact of individual employee grievances or collective labor disputes.
- Coordinates employee and labor relations programs to ensure compliance with policies and practices.
- Represents the organization in contract negotiations with labor unions. Ensures that there is effective cost budgeting for any incremental asks/incentives to support contract negotiations.
- Liaises with managers, employees, and their representatives to investigate and resolve grievances and develop strategies to prevent their recurrence to maintain a productive and harmonious workplace.
- Ensures all employer-employee relationships in the organization comply with collective agreements, individual employment contracts, regulations, laws, and the organization’s employment policies and standards.
- Analyzes and interpret bargaining trends and issues, as well as standards, regulations, and laws to understand their impact on the organization. This includes market benchmarking on similar organizations and the incentives provided under the relevant bargaining agreements.
- Represents management in negotiations and dispute resolution with employees, unions, employer bodies, government agencies, labor relations authorities, and other agencies to protect the organization’s interests.
Employment Litigation:
- Provide support to Employment Legal and CHROs on employment litigation processes
Regulatory Advisory (HR and Local Labor Law):
- Partners with the CHROs, Employment Legal, ICRM and Country Legal teams to respond to Labor authorities or regulators on employment matters
- Translate external/internal labor counsel labor law / regulations and into changes impacting the workplace; monitor changes in labor law to advise management
- Support CHROs with Labor Department audits and/or inquiries
- Handbook amendments and policy dissemination
- Advise/counsel on all HR matters under local law including hiring, working shifts, over time and premium pay, exemption classifications under applicable wage and hour laws, DIRA and VIC, Occupational Health & Safety, Terminations, performance, mobility , cross-border transfers, local legal vehicles, work visas or permits
Individual and Collective Dismissals (Terminations):
- Engage in negotiations for individual and collective dismissal processes, redundancy calculations, tax impact, cases preparation (dismissal letters, separation agreements, communication etc.) in consultation with Employment Legal
- Partner with Employment Legal, Country Legal, Employee Relations, HRAs and CHROs on Involuntary Terminations that require special support
Oversight & Reporting:
- Provide Information for Senior Escalation meetings and governance forums
Policy & Regulation
- Confirm policy and Regulation applicability under labor law. Implementation is coordinated by Labor Relations in each country with Employment Law, ER, other COEs or HR Delivery accordingly.
- Provide advice to Policy Lead on changes to Employees Handbook: Update according to Labor Law amendments and jointly with the Union, file before Labor Board.
- New Policies Implementation
Occupational Health:
- Oversight on Occupational Health issues: committees participation, representation with regulators, as applicable
Third Parties contractors, NEMS:
- Third parties contractors, NEMS (Non Employees) Bankruptcy and Litigation Monitoring
- Advise on NEMS management and conversions
Risk & Controls:
- Identify controls to manage risks, conduct root cause analysis and look-across to prevent risks from being repeated
- Partner with HR Controls, ICRM, and Risk teams to provide support to the CHROs on issue management, tracking progress, escalating concerns
- 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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
Other:
- Bank Associations/Regulators monthly Committees
- Data Privacy consultation matter
- Support implementation of “How we Work” strategy in each country accordingly
- Provides ad hoc support to the CHROs across a number of in-country HR generalist tasks
- Engages with other Labor Relations Managers on pan-MEA projects and initiatives
Qualifications
- Minimum of First Degree or equivalent in any discipline plus a relevant higher degree or professional qualification
- 15 Minimum Years of Post-Graduation Work Experience
- 10 Minimum Years of Experience in Banking
- 10 Minimum Years in Previous Position
Application Deadline: Not Specified.
How to Apply: Interested and qualified candidates should use the link below to apply:
Recruitment at Citibank Nigeria Limited
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Important Notes
- The above statements are intended to describe the general nature and level of work to be performed by those assigned to this function.
- It should not be construed as an exhaustive list of all responsibilities, tasks and skills required of persons so classified.
- All employees may be required to undertake other responsibilities in addition to those specified from time to time, as required.
- We do not charge any application, processing, training, interview, testing or any other fees in connection with the application or recruitment process. If you receive a fee request, please ignore it.
- Also, please note that logos, slogans, names and titles are easily copied and reproduced. Therefore, particular care should be taken when submitting personal information on the web.
- We are an equal opportunity employer that values inclusiveness and diversity. We do not discriminate on the basis of color, race, nationality, religion, age, ethnic origin, disability, gender, marital status or orientation gender in our employment practices
- Our employees are all equally talented in unique ways: we come from diverse traditions, personal experiences and perspectives. And we want to include your ideas, are you ready to inspire us with your ideas?
- We encourage all applicants to apply and do not discriminate in any recruitment process.
- Applications submitted after the deadline will not be considered.
- Due to the necessity of the position, we are entitled to appoint a candidate who matches the required profile before the above deadline
- Only qualified candidates will be invited for an interview
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