Recruitment at Citibank Nigeria Limited

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.

We are recruiting to fill the position below:

Job Title: Country Finance Officer (CFO) and Controller – Nigeria – General Manager

Job Req ID: 24812700
Location: Nigeria
Job Type: On-Site/Resident

Description

• The Country Finance Officer and Controller is responsible for all aspects of Finance in Nigeria driving legal entity performance, ensuring all Financial control processes are in place, delivering accurate, complete/timely local financial, statutory and regulatory reporting as per the applicable local rules and local / IFRS accounting standards with sound controls, as well as developing Finance talent and bench strength for the country.

Job Purpose:

• Managing all Finance activities and local reporting for Nigeria

Key Responsibilities

• Closely monitoring legal entity economic conditions and financial performance, including a comprehensive review of the legal entity’s balance sheet and profit and loss (P&L), identifying, and assessing key financial and strategic issues and ensuring proper checks and controls are in place.
• Managing legal entity’s finance requirements including regulatory reporting obligations, liquidity and capital levels and relevant ratios/limits and other key financial indicators.
• Ensure compliance with any local capital requirements and ensuring that relevant Asset and Liability Committees are informed of all capital requirements.
• Support Finance activities required for Local Regulatory Processes such as local ICAAP, resolution and recovery plans, and capital stress testing, if required.
• Actively participate in Country Franchise governance committees and board meetings at legal entity level.
• Be a strategic partner with the businesses, supporting any new business launch, new product introductions, and providing value added financial expertise on franchise related issues including advice on accounting implications.
• 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 local 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 (in coordination with Compliance and Risk).
• Responsible for managing engagement with local regulatory bodies and providing clear/consistent regulatory messaging of country’s narratives with a focus on core activities such as regulatory exam management, supervisory meetings and information requests and responses to supervisory letters.
• Follow common standards, procedures and governance processes to create consistent and best-in-class regulatory relations and communications protocols, and analyze and report regulatory engagements to identify, monitor, and escalate regulatory themes, trends and risks.
• Collaborate with external and internal auditors to maintain integrity of financial, statutory, and regulatory reports, ensure compliance with local laws and regulations, help accomplish objectives by bringing a systematic approach to evaluate and improve effectiveness of risk management, control and governance processes.

Development Value:

• Coordinating and managing the Finance function in Nigeria
• Exposure to country and cluster management for Nigeria, Sub-Sahara Africa and Middle East and Africa respectively, as well as Banking &International Finance leadership
• Participating in senior management committees and in decision making process to manage country franchise when necessary.

Requirements
Qualifications:

• With minimum post qualification experience of 15 years of which 12 years must be within the banking sector with 2 years as DGM/VP with experience in at least 3 three (3) major areas of banking operations or presently on GM grade.
• Chartered Accountant or equivalent
• Strong financial accounting background

Knowledge / Experience:

• Minimum 15 years post-qualification experience working for an internationally reputed bank’s Finance Department
• Strong knowledge of banking products and businesses for the entire bank
• Strong knowledge of risk and controls
• Knowledge of banks’ systems, e.g. Flexcube, Smart, etc.

Skills:

• Good accounting technical skills.
• Strong leadership skills to manage the Country CFO/Controls and Nigeria Country finance teams remotely.
• Financial modelling and analytical skills.

Competencies:

• Strong interpersonal and communication skills (English or Arabic)
• Ability to manage and motivate a team of finance professionals
• Good teamwork and project management skills
• Ability to influence
  This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Application Closing Date
Not Specified.

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

Job Title: Trading Desk Officer 

Job Req ID: 25916162
Location: Nigeria
Job Type: On-Site/Resident

Job Summary

• Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in Trading, risk management and communication to Citi’s Global Rates Team.
• By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
• The Trader is an intermediate level position responsible for assisting with a trading book and mitigating risk, in coordination with the Trading team.
• The overall objective of this role is to process trades for a trading book and achieve revenue targets.

What you’ll do

• Operate in an efficient trading team, providing continual feedback that affects internal mobility and training.
• Run a business plan with objectives aligned to global targets while optimizing resource allocation
• Operate and manage the risk and trading infrastructure, including portfolio risk, and ensure risks are correctly represented
• Coordinate with control functions to ensure governance and control infrastructure is in place, and communication with regulators is productive
• Manage the technological development of the trading desk operation
• Leading strong governance and controls:
• Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, Finance in order to ensure appropriate governance and control infrastructure
• Operate in a culture of responsible finance, good governance , expense discipline and ethics
• Appropriately assess risk/reward of transactions when making business decisions; and ensure that all team members understand the need to do the same, demonstrating proper consideration for the firm’s reputation.
• Be familiar with and adhere to Citi’s Code of Conduct and the Plan of Supervision for Global Markets and Securities Services; and ensure that all team members understand the need to do the same
• Adhere to all policies and procedures as defined by your role which will be communicated to you
• Obtain and maintain all registrations/licenses which are required for your role, within the appropriate timeframe
• 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.

What we’ll need from you

• Bachelor’s degree/University degree or equivalent experience
• Master’s degree preferred
• Candidates must also have a minimum of 5 years postgraduation experience.
• A minimum of first degree or its equivalent in any discipline, plus a relevant higher degree or professional qualification.
• Required licensing and registrations as applicable preferred
• In-depth knowledge of respective products and clients
• Proven history of successful trading book management
• Consistently demonstrates clear and concise written and verbal communication.

Application Closing Date
Not Specified.

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