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  • Credit Risk Associate at CITIBANK

  • Posted on: 18 October, 2018 Deadline: Not Specified
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  • Citibank Nigeria Limited, the leading global financial services company, provides consumers, corporations, governments and institutions with a broad range of financial products and services.

    Credit Risk Associate


    Job ID: 18066935
    Job Function: Risk Management
    Schedule: Full-time
    Shift: Day Job
    Employee Status: Regular

    Job Purpose

    • Provides broad relationship support for the local franchise in all product areas for credit-related matters. This includes but is not limited to management of the credit approval and credit documentation processes; regulatory reporting and ensuring sustainable controls and compliance with global credit policies; bringing a broad questioning approach as well as providing ideas for process improvements.
    • Works closely with and supports the Country Risk Managers, Relationship Managers, Finance Managers, and senior management in managing and mitigating credit risk.

    Key Responsibilities
    Central Bank Regulatory Reporting:

    • Ensure accurate and timely CRMS submissions for Central Bank of Nigeria (CBN) reporting and maintain a good audit trail for all the submissions.
    • Maintain accurate databases for CBN reporting and evidence all correspondence with CBN.
    • Understand and implement various CBN reporting requirements (CBN-CRMS), and closely work with Finance to manage reporting and compliance obligations.
    • Provide on ad hoc and regular intervals, Credit data to CBN, NDIC, CRBs and other regulatory related entities.

    Credit Documentation and Collateral:

    • Receive, review and ensure safekeeping of credit, support and collateral documentation; record items in documentation and collateral tracking systems in line with credit policies.
    • Ensure established processes are followed; including collateral management and registration in credit systems, marking of facilities as available based on credit documentation requirements, follow-ups on exceptions.
    • Develop and implement procedures for documentation custody and monitoring; contribute to standard and streamlined processes design.

    Credit Preparation and Approval:

    • Maintain relationship and facility data in credit systems; support business on portfolio related activities including CA preparations and update of credit information in credit systems.

    Data Quality Control:

    • Take ownership of the data and ensure correct updates in various credit and operation systems. Understand data flows for all data element categories; investigate and resolve the underlying causes of errors.
    • Prepare and review month-end Cross Border submissions and information for portfolio reviews whenever required.

    Limit Monitoring (next day review):

    • Monitor end-of-day exposure against limits, escalate detected exceptions per policy, and address recurring exceptions. Implement process changes to correct technical exceptions and mismatches.

    Audit Support:

    • Aid in internal and external audits for assigned portfolio segment(s). Provide portfolio and related credit information, normally at the relationship level. Contribute to achieving acceptable audit ratings.
    • Maintain Credit Portfolio data at all times for inspection by CBN, NDIC, CRBs and other regulatory related entities on ad hoc basis.

    Business Relationships

    • Country Risk Managers, Relationship Managers, Finance Managers, and senior management in managing and mitigating credit risk.


    • Frequently interact Country Risk Managers, Relationship Managers, Finance Managers, and senior management in managing and mitigating credit risk.


    • Frequently interact with CBN, NDIC and CRBs


    • Good first degree in any discipline. Second degree and/or professional certification may be an added advantage.
    • Broad understanding of risk management guidelines
    • Broad understanding of credit systems and any other ancillary credit-related systems.
    • Working knowledge of key credit and operations systems data flows.
    • Understanding of local regulatory requirements relating to credit risk matters.
    • Broad Understanding of Redesigned CBN-CRMS
    • Broad banking products knowledge.


    • Good organizational, time management (prioritization of tasks).
    • Must display great attention to details.
    • Must be Customer focused.
    • Ability to handle pressure.
    • Must possess excellent communication skills.
    • Must be confident, articulate and assertive.

    Core Competencies:

    • Efficient and Logical approach to problem solving
    • Responsible
    • Committed
    • Self-Motivated
    • Self-starter
    • Innovative
    • Good learner

    Method of Application

    Interested and qualified? Go to CITIBANK career website on to apply

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