Job Vacancies at Citibank Nigeria Limited (CNL)

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, pinpoints execution accuracy and full visibility.
• It ensures global transactions flow smoothly around the clock, wherever we do business.
• Without it, the daily clearance, settlement and execution of a trillion dollars’ worth of trades and the weekly movement of tens of billions of dollars in dozens of world currencies would come to a complete standstill.

Job Summary

• The Trade Service Professional is an entry level position responsible for providing analytic and administrative support to traders, in coordination with the Transaction Capture team.
• The overall objective of this role is to maintain position records and provide support with processes surrounding securities.

Responsibilities

• Provide support for Treasury and Trade Services, Securities, Cash, Trade, Lockbox, Derivatives, Fund Services, Foreign Exchange, etc.
• Open and amend Letters of Credit (L/Cs), process payments and solve customer issues to ensure efficient daily operations
• Process evidence and entries of the day-to-day ledger, control and process investment fees, and custody and trust accounts
• Execute transactions including cash transfers, maintain records, reconcile and review requirements for new products, and technologies
• Conduct quality reviews and ensure that production systems publish the appropriate information
• Ensure the timeliness and accuracy of customer reports, including regulatory / market requirements, new product presentations, etc.
• Process various transaction services tasks related for respective products under general supervision and assist new team members
• Assist with compliance of procedures and control activities as required
• 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.

Qualifications
Education:

• First Degree in any discipline.

Experience:

• 1 year of experience in a related role
• Previous experience that provides a basic knowledge of the organization and its policies
• Demonstrated ability to investigate issues and identify and solve problems
• Ability to work under pressure and manage to deadlines
• Ability to work in a fast-paced environment
• Consistently demonstrates clear and concise written and verbal communication
• Attention to detail and intermediate problem-solving skills.

Success Profile:

• You’ll have strong communication, planning and organisational skills which will benefit you and the team.
• Our teams need individuals who can research, process, and interpret large amounts of information everyday which will allow you to make ethical decisions with integrity:
  • Analytical
  • Adaptable
  • Logical
  • Quick-thinking
  • Multi-tasker
  • Efficient.

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Job Req ID: 22459126
Job Family Group: Operations - Transaction Services
Job Family: Cash Management

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, pinpoints execution accuracy and full visibility.
• It ensures global transactions flow smoothly around the clock, wherever we do business.
• Without it, the daily clearance, settlement and execution of a trillion dollars’ worth of trades and the weekly movement of tens of billions of dollars in dozens of world currencies would come to a complete standstill.

Job Summary

• The Cash and Trade Processing Representative is an entry-level role responsible for processing varied cash & trade operation tasks in coordination with the Transaction Services team.
• The overall objective is to perform multiple processing activities of limited complexity in a fast-paced environment while focusing on quality, details and accuracy.

Responsibilities

• Serve as the first point of contact for Citi clients and provide a positive first impression through friendly and efficient customer service.
• Perform efficient and accurate banking transactions including managing cash supply for the branch, processing incoming/outgoing cash deposits, and maintaining branch vault cash.
• Identify referral opportunities for new products and services based on the client's financial goals.
• Educate clients on digital and self-service opportunities offered by Citi.
• Adhere to bank policies, operational controls, and regulatory procedures to ensure the safety and security of customer and bank assets.
• Ensure all client needs are met and effectively manage any client issues/concerns, escalating as needed.
• Maintain working knowledge of client accounts as well as new and existing products and services offered.
• 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 ethical judgment regarding personal behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency.
• Trade Ops service support
• This job description provides a high-level review of the types of work performed.
• Other job-related duties may be assigned as required.

Qualifications
Education:

• First Degree in any discipline.

Experience:

• 1 year of relevant experience
• Customer Service experience
• Money handling experience
• Effective problem solving and communication skills
• Ability to work well in a team-oriented environment

Success Profile:

• You’ll have strong communication, planning and organisational skills which will benefit you and the team.
• Our teams need individuals who can research, process, and interpret large amounts of information everyday which will allow you to make ethical decisions with integrity:
  • Analytical
  • Adaptable
  • Logical
  • Quick-thinking
  • Multi-tasker
  • Efficient.

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Overview

• The Global Subsidiaries Group serves a select number of the world’s leading multinational companies.
• Our bankers are relationship managers who build and grow our long-term relationships with these clients.
• They orchestrate the delivery of Citi's vast global product platform and develop integrated financing strategies, by acting as a primary point of contact with the clients, and by working closely with Citi’s Banking, Capital Markets & Advisory, Risk, Compliance, Treasury & Trade Services and Markets & Securities Services divisions.
• This is a Relationship Management role within the Global Subsidiaries Group (GSG) with responsibility for managing Citibank’s relationship in the GSG team
• The candidate would cover corporate clients across different industries, becoming an integral part of the Global Subsidiaries Group team and responsible for business development in assigned markets, industries and geographical locations within Nigeria

Job Purpose

• The principal purpose of the position is to facilitate a focused and orderly interface between GSG’s customers, all the product and service groups in order to maximize revenues from customer relationships.

Key Responsibilities

• Develop and implement continuous (independent and joint) calling programs and interactions/discussions with assigned accounts and on prospective clients to create a continuous flow of incremental business opportunities.
• To deliver client revenue growth in line with assigned goals.
• Communicate frequently with and leverage the regional and global GSG Relationship Management network of senior managers and RMs and other global and regional partners both to win and retain business and also to effectively fulfil regional and global Relationship Management initiatives and directives.
• Credit process initiation, including proposal preparation, loan administration and remedial action as required, working in partnership with the Parent Account Relationship Management Team, Regional Account Management Teams, Control Units and relevant Citi network partners.
• Prepare quarterly credit call memo for all assigned relationships.
• Negotiation of loan/credit terms and conditions, pricing determination for various products, closing of transactions and follow up after sales.
• Understand the bank's credit culture, adhere to credit policies and guidelines, and document and justify exceptions, where appropriate.
• Responsible jointly with Risk/analyst for initial, annual and interim credit review of all assigned relationships credit.
• Ensure the consistent, professional delivery of client management disciplines including: KYC/AML, account plans, call reporting, lead generation, CRM Usage - pipeline management, oversight for implementation rollout, and relationship reviews.
• Strategizing with Product and Client Delivery partners on information learned from clients in order to help drive product enhancement, innovation and client satisfaction
• Creating robust client account plans
• Ensuring effective communication across the regional and global RM team (e.g. call reports, CRM, e-mails)
• Managing sales process from idea generation to mandate
• Putting together working groups and driving the deal process
• Driving client communications including RFP responses and pitch books
• Lead and Work closely with Citi service in providing account management and customer service to key customers.
• Responsible for achieving revenue goals from assigned relationships in the most cost effective manner.
• Provide ongoing market insights to clients, from Citi's rich repertoire.
• Maintain asset quality to avoid delinquent or impaired asset portfolio

Development Value:

• Opportunity to work in a large and complex organization with a demanding customer base and in a challenging and changing business environment.
• Exposure to an open and multicultural working environment.
• Exposure to the full Citi scope of products used by our corporate clients and opportunity to develop a sound knowledge of Citi's core product range (Loans, FX, Cash and Trade, etc.).
• Opportunity to develop a thorough understanding of the extensive business Citi does with our corporate clients

Business Relationships:
Internal:

• Frequently interact with Citi service and O&T in general and Parent Account Management teams of assigned relationship
• Frequently interact with TTS to achieve high credit cross sell ratio by actively selling cash management and trade products.
• Frequently interact with Risk and CRMS to maintain acceptable credit quality of assigned relationship.
• Frequently interact with Fixed Income, Corporate Finance, EAF and other product units to generate structured customer solutions and incremental risk   assets

External:

• Frequently interact with relevant customers and TM prospects to generate incremental business for the bank.
• Keep abreast of regulatory/market changes and its impact on the business.

Person Specification
Qualifications:

• A BSc / BA Degree.
• A postgraduate degree and relevant professional qualifications will be an added advantage.

Skills & Experience:

• 15 years post-graduation experience out of which 10 years must have been in the banking industry and at least 3 years must have been on the Senior Manager or its equivalent grade.
• Experience in at least three major areas of banking.
• Credit and financial analysis experience
• Customer management and negotiation skills
• Ability to recognize and exploit business opportunities
• Strong Analytical skills
• Must be proactive, with attention to detail and timeliness in delivery of work output
• Information resourcefulness
• Strong verbal and written communication skills.

Thinking complexities:

• Understanding the impact of constant regulatory changes on customers businesses and in converting them to business opportunities
• Ability to optimally coordinate the activities of the different units within the bank in order to deliver good quality service to the customer.
• Designing strategies and products to enable Citibank  stay ahead of competition
• Ability to convince customers to adhere to high compliance/ethical standards of Citibank for transaction processing in a compliant environment.
• Problem loan recognition capability.