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.
Ref No: 18059541 Location: Lagos Job Category: Trading Schedule: Full-time Job Purpose
To actively trade in the inter-bank Treasury Bills and Bonds market on behalf of the Bank with the primary ob
Ref Id: 18049221 Job Category: Operations - Core Shift: Day Job Employee Status: Regular Key Accountabilities
Act as first point of contact for HRSS query resolution
Payroll Administration - Coll
Ref No: 18048622 Job Category: Business Management and Admin Employee Status: Regular Job Purpose
Maximizing the profitability of all customer coverage (across all product categories) covering bot
Job ID: 18045318 Job Function: Risk Management Purpose of the Job
To identify, analyze, dimension and manage the key risks facing the bank (primarily credit risks) for standard credits, complex cr
Ref Id: 18044053 Job Category: Compliance and Control Shift: Day Job Employee Status: Regular Travel: No Job Purpose
The Nigeria Corporate Banking and Global subsidiaries group is seeking a Know Y
Ref No: 18045049 Job Category: Institutional Banking Employee Status: Regular Job Purpose
The Corporate Bank Head is responsible for the strategic direction of the business, encompassing people ma
Ref Id: 18040619 Job Category: Product Management Schedule: Full-time Shift: Day Job Employee Status: Regular Travel: No Job Purpose
Marketing of Trade products to customers.
Work with business s
Ref Id: 18032206 Job Category: Compliance and Control Shift: Day Job Employee Status: Regular Travel: No Job Description
The Nigeria Corporate Banking and Global subsidiaries group is seeking a Kn
Job ID: 18032903 Job Function: Research Schedule: Full-time Shift: Day Job Employee Status: Regular Travel Time: No Job Description Progress starts here:
Citi, a leading global finance company, is
Job ID: 18032896 Job Category: Research Schedule: Full-time Shift: Day Job Employee Status: Regular Travel: No Description
Citi, a leading global finance company, is looking for young, bright and
Job ID: 18029127 Location: Nigeria Job Function: Institutional Banking Schedule: Full-time Shift: Day Job Employee Status: Regular Travel Time: No Job Purpose The principal purpose of the position is
Ref N: 18024359 Job Category: Institutional Banking Job Purpose
Position is responsible for the development and marketing of a growing portfolio of primarily Chinese related firms operating in Wes
Job Purpose:
To manage a team of Analysts and Associates covering Citis client relationships across Top Tier Local Corporates in Nigeria.
To build a proprietary understanding of clients financial
Job Description1. PRIMARY PURPOSE
State briefly the principal purpose of the position, its major objectives and the impact the position has on Citibank.
The Teller is a frontline staff and i
Job ID: 17069832 Job Purpose
The principal purpose of the position is to facilitate a focused and orderly interface between Corporate Bank’s customers, all the product and service groups in
Ref No: 17058635 Location: Lagos Job Category: Operations Schedule: Full-time Job Purpose
Notify the client of any corporate events and market news to avoid any claims from the client which may be
Job ID: 17032904 Location: Lagos Job Function: Compliance and Control Schedule: Full-time Shift: Day Job Employee Status: Regular Job Purpose
The individual will play a key role in developing and
