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Citi has been doing business in Nigeria since 1984. The bank formerly operated under the name Nigeria International Bank Limited, but was renamed to Citibank Nigeria Limited (Citi Nigeria) in 2008 to fully align with Citi's global brand and identity. The bank has a strategic business focus in Nig... read moreeria specializing mainly in Corporate Banking and servicing mostly corporate clients. Citi Nigeria offers a broad range of services, including global transaction services, sales and trading, corporate finance and investment banking services to corporate and commercial customers, financial institutions (including other banks) and public sector organizations. Within the industry, Citi is known for its innovation as it has successfully leveraged its global network and extensive knowledge base to offer its Nigerian clients innovative products and services. Businesses The bank offers a broad range of services, including transaction services, sales and trading, corporate finance and investment banking services to corporate and commercial customers, financial institutions (including other banks) and public sector organizations. In August 2008, Citi launched its Direct Custody and Clearing Services in Nigeria, the 53rd market on its proprietary network - the largest in the world. The DCC business will facilitate business transactions for clients and investors looking to do business in Nigeria. With 12 branches across the country, Citi Nigeria continues to develop innovative products and services for its customers in and around strategic locations. Sustainability At Citi Nigeria, we are committed to the needs of the communities in which we operate. By driving sustainability through corporate citizenship, we have developed an Environmental and Social Risk Management (ESRM) Policy, which includes categorization requirements, environmental due diligence, elevated review and approval requirements for the following transaction types: corporate and government loans project finance equity transactions acquisition finance letters of credit bid and performance bonds project finance advisory mandates In 2003, Citi was pivotal to the development of the global Equator principles. These standards serve as a voluntary set of guidelines for managing environmental and social risk issues. They are utilized for the funding of development programs such as project financing and advisory with capital costs of over US$10 million. It is important to state that these principles have been vetted by the World Bank and the International Finance Corporation (IFC). Similarly, Citi has implemented guidelines to manage risks in corporate loans, debt securities and underwritings greater than US$50 million where use of proceeds is known. Corporate Social Responsibility Citi Nigeria is very active in community activities in Nigeria. As part of the Citigroup family, the bank, through its global charitable arm, Citi Foundation, supports various non-government organizations (NGOs) in Nigeria. The Citi Foundation is committed to enhancing economic opportunities for underserved individuals and families in the communities where we work throughout the world. Globally, the Citi Foundation is focusing its giving on microfinance and micro entrepreneurship, which helps individuals become economically self-sufficient; small and growing businesses leading to economic expansion and job creation; education, which prepares young people for personal and professional success; financial education, which helps individuals make informed financial decisions; and the environment with a focus on sustainable enterprises that generate jobs and stimulate economic growth while preserving the environment. In 2013, continuing Citi's long-standing tradition of supporting local communities in which we do business, Citibank Nigeria Limited's Board of Directors approved charitable donations of over $95,000 to more than 30 charitable organizations across Nigeria. In 2012, Citi Nigeria and Citi Foundation disbursed grants of more than $320,000 (USD) to Nigerian NGOs to support programs such as micro entrepreneurship, financial education, and youth education. The recipients of the grants include Junior Achievement Nigeria, LEAP Africa, Fate Foundation, Hope Worldwide Nigeria and Growing Businesses Foundation. In 2011, in line with the strategic initiatives of the Central Bank of Nigeria and the economic development goals of the Federal Government, Citi launched the Citi Microenterprise Development for Rural Farmers Initiative (CMDRFI). The program began with a pilot in Gabasawa LGA, Kano where over 100 farmers were selected and participated in financial literacy programs after which they were provided low interest loans to support and grow their farming businesses. Annually, the bank holds its Global Community Day activities. All staff of the bank (globally) are encouraged to volunteer and do community work on the day. More than 500 people participated in last year's global community day activities in Lagos, Abuja and Port-Harcourt. Local Branch Expansion Citibank Nigeria has 12 direct branches and more than 1,500 partner bank locations strategically situated across the country, enabling proximity to our clients, and allowing us to be responsive to their needs. Also, through Citi's innovative electronic banking platform, CitiDirect®, our clients are able to transact business with us at any time of the day, even from the comfort of their offices.

CITIBANK Jobs in Nigeria

234 vacancies
      • Head of Corporate Sales at CITIBANK

      • Job Purpose: Leads the Nigeria corporate sales and solutions business Ensuring that coverage benchmarks are met for assigned customer names Nurture client relationships. Support RMs to devis
        • 15 February
      • Market Risk Manager VP/AVP at CITIBANK

      • The Market Risk Manager is a strategic professional who stays abreast of developments within own field and contributes to directional strategy by considering their application in own job and the busin
        • 21 November, 2023
      • Compliance Risk Manager Senior Analyst at CITIBANK

      • Job Req ID: 23688290 Job Description Serves as a compliance risk officer for Independent Compliance Risk Management (ICRM) responsible for establishing internal strategies, policies, procedur
        • 26 October, 2023
      • Trade Operations Senior Analyst at CITIBANK

      • The Trade Operations Senior Analyst is an intermediate level position responsible for providing analytic and administrative support to various securities related functions, in coordination with the Tr
        • 20 October, 2023
      • Head: Local Regulatory Reporting at CITIBANK

      • Citibank Nigeria reports Basel/IFRS compliant reports to the Central Bank of Nigeria and other financial services regulatory authorities. The role of Regulatory Reporting is a critical function placed
        • 10 October, 2023
      • Transaction Services Senior Analyst at CITIBANK

      • Job Req ID: 23616659 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
        • 24 April, 2023
      • VP Senior Relationship Manager at CITIBANK

      • Job Req ID: 23624983 Job Background / Context The Global Subsidiaries Group serves a select number of the world’s leading multinational companies. Our bankers are relationship manager
        • 06 March, 2023
      • Risk Operations Senior Analyst at CITIBANK

      • Job Req ID: 23609902 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
        • 27 January, 2023
      • Cash and Trade Processing Representative at CITIBANK

      • Job Req ID: 22553129 Employment Type: Full time Job Family Group: Operations - Transaction Services Job Family: Cash Management Overview Acting as the functional heart of our business, Ope
        • 09 November, 2022
      • SSA Trade Structuring Transactor at CITIBANK

      • Job Req ID: 22548912 Job Family: Trade Structuring Job Grade: Senior Vice President Job Category: Product Management and Development About the Job The Trade Structuring Transactor is
        • 27 September, 2022
      • Payments and Receivables Product Lead at CITIBANK

      • Job Description The Product Management Group Manager is a senior management level position responsible for managing a broad range of Product Management employees, setting strategy and providing
        • 29 August, 2022
      • KYC Operations Analyst at CITIBANK

      • Responsibilities The KYC Operations Analyst is an intermediate-level position responsible for Anti-Money Laundering (AML) monitoring, governance, oversight and regulatory reporting activities in co
        • 22 August, 2022
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