AddressCharles S. Sankey House 27 Kofo Aabayomi Street, Victoria Island, Lagos
About CITIBANK
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.
Job Req ID: 21301929
Location: Lagos
Job Category: Product Management and Development
Job Family: Product Performance Management
Job Family Group: Product Management and Development
Job De
Ref: 21260229
Job Category: Risk Management
Job Family: Credit Decisions
Purpose of the Job
To identify, analyse, dimension and manage the key risks facing the bank (primarily credit risks)
Job Req ID: 21302879
Job Category: Communications and External Relations
Job Description
This role will drive Citi’s advocacy and engagement strategy in SSA. S/he will support the SS
Reference No.: 21305751
Job Family Group: Operations - Services
Job Category: Payroll
Job Overview
Acting as the functional heart of our business, Operations makes everything work on time a
Reference No.: 21298313
Job Family Group: Technology
Job Category: Business Analysis / Client Services
Job Overview
Citi’s technology team is growing at lightning speed, and we’
Reference No.: 21301929
Job Category: Product Management and Development
Job Description
SSA is projected to emerge from a tough economic recession triggered by the pandemic in the latter pa
Job Req ID: 21295632
Job Category: Risk Management
Job Description / Responsibilities
Collaborating with the Business Heads, as necessary, on an ongoing basis on credit and process related
Job Req ID: 21285179
Overview
The Auditor III is an intermediate level role responsible for applying in-depth specialty area knowledge to perform audits across the business in coordination wi
Job Req ID: 20227899
Job Category: Institutional Sales
Job Background / Context
The job is critical in driving cash and trade sales momentum across the GSG and Corporate client base in Nig
Position Objective:
Sub Saharan Africa Treasury and Trade Solutions (TTS SSA) team are looking for suitable candidate to fill the position of Nigeria TTS Head. This Product Performance Management S
Job Req ID: 21266135
Location: Lagos, Nigeria
Job Family Group: Business Strategy, Management & Administration
Job Family: Business Administration
Job Purpose
Maximizing the profi
Job Req ID: 21260728
Overview
Our employees are energetic and dedicated individuals who work in a fast-paced and challenging position that relies on the ability to think and react quickly, fo
Job Req ID: 21260229
Job Category: Risk Management
Job Family: Credit Decisions
Purpose of the Job
To identify, analyse, dimension and manage the key risks facing the bank (primarily credit
Job Req ID: 21257226
Job Family Group: Technology
Job Family: Technology Project Management
Overview
Citi’s technology team is growing at lightning speed, and we’re looking for
Job Req ID: 20216656
Job Category Compliance and Control
Job Family: Business KYC
Job Description
The Nigeria Corporate Banking and Global subsidiaries group is seeking a Know Your Customer
Job ID: 20225875
Job Category: Institutional Banking
Job Background/Context
The Global Subsidiaries Group serves a select number of the world’s leading multinational companie
Job ID 21251199
Job Family Group: Operations - Transaction Services
Job Family: Cash Management
Overview
Acting as the functional heart of our business, Operations makes everything work on
Job ID: 21251213
Job Family Group: Operations - Transaction Services
Job Family: Cash Management
Overview
Acting as the functional heart of our business, Operations makes everything work on
