Citibank Nigeria Limited (CNL) Entry-level: Citibank Nigeria Limited (CNL) was incorporated in Nigeria on May 2, 1984 and the oldest international bank in the country. It provides a wide range of financial products and services to corporate and commercial customers, financial institutions and public sector organizations. It offers deposit and loan products, global transaction services, cash management, sales and trading, corporate finance and investment banking products.
Citibank Nigeria Limited (CNL) Entry-level
The company was formerly known as Nigeria International Bank Ltd and changed its name to Citibank Nigeria in 2008. Today it employs about 300 people and operates 12 branches in Lagos, Abuja, Port Harcourt, Warri, Kano, Bonny, Aba, Lanlate and Ososa. As at December 31, 2016, it had over NGN 600 billion in total assets. Citibank Nigeria is owned by Citibank Overseas Investment Corporation, a subsidiary of Citibank N.A. (USA).
We are recruiting to fill the position below:
Job Title: Teller
Job Req ID: 21368317
Location: Nigeria
Time Type: Full-time
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.
Responsibilities
- The Teller 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.
Other Responsibilities:
- Apply detailed processing knowledge to deliver efficient customer service that meets quality standards
- Perform limited complexity transaction duties / Cash & Trade Operation tasks under general supervision
- Complete processing activities related to compliance and control
- Assist new team members with procedural tasks
- Contact internal and external customers on a frequent basis
- 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 behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency.
- 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 / Experience:
- B.Sc – First Degree.
- 1 year of relevant experience.
- Pass basic induction and operations training.
Success Profile:
- You’ll have strong communication, planning and organizational skills which will benefit you and the team.
- Our teams need individuals who can research, process, and interpret large amounts of information every day which will allow you to make ethical decisions with integrity
- Analytical
- Adaptable
- Logical
- Quick-thinking
- Multi-tasker
- Efficient.
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
Click here to apply online
Citibank Nigeria Limited (CNL) Entry-level
Job Title: Country Tax Manager
Job Req ID: 21334084
Location: Nigeria
Job Category: Finance
Job Family Group: Finance
Job Family: Tax
Job Purpose
- Provide support to the Citi Country Finance Officer (CFO) to protect the Franchise and to ensure Citi is appropriately managing Tax related risks as it affects the business activities in the country.
- Proactively identify and resolve country tax issues, supporting the financial reporting, control and management of legal vehicles in compliance with legal, tax and regulatory requirements.
Key Responsibilities
The Tax manager will coordinate, review, monitor or plan for each of the following;
- Oversight and management of all direct and indirect tax processes
- Management of external tax consultants and Citi’s local relationship with the Revenue Authorities
- Management and escalation of tax audits, investigations and tax litigations etc.
- Review of Local tax law changes and implications (and inform senior management appropriately)
- Management of all corporate tax requirements
- WHT offshore payments relating to profit remittance
- Managing tax governance, risks and controls and related controls
- Income tax accruals, Contingent tax reserves and Effective Tax Rate management
- Review and Assessment/notice orders negotiations
- Intercompany ICSAs review and sign-off including APS reconciliations
- Transfer pricing documentations and reconciliations
- Tax balance sheet accounts including deferred tax assets, FIN 48 reserves etc.
Business Relationships:
- Responsible for oversight over taxes that are applicable to the Bank.
- Ensure that the control environment remains safe and sound by liaising with Operational Risk Management (ORM), Compliance, Legal and the Regulatory Reporting Governance Committee (RRGC).
- Act as regulatory liaison by proactively dealing with the requirements of the Central Bank of Nigeria, Tax Authorities and regulators.
Person Specification
Academic Qualification / Other Requirements:
- Minimum of First Degree or equivalent in any discipline
- Possession of ACA, ACCA, CFA or other relevant professional qualification or relevant higher degree required
- Minimum of 15 Years post-graduation experience, of which 10 years ideally be within the banking sector with 3 years as SM with experience in at least three (3) major areas of banking operations.
Knowledge:
- Analytical and Financial Skills: applicant must acquire an understanding of the Firm’s financials, balance sheet and income statement with ICG Institutional Client Group, ability to discern key drivers and risk/opportunities.
- Communication skills: will be interacting with senior management within Citi, on a variety of internally driven and function driven deliverables.
- Teamwork/Relationship Management: the position requires extensive teamwork, partnership and collaboration across Finance and other functions
- Working knowledge of banking products and business
Skills:
- Strong interpersonal and communications skills
- Good teamwork and project management skills.
- Proficiency in Excel, Power point and word office software.
Core Competencies:
- Good Accounting and tax skills
- Financial Modeling and analytical skills
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
Click here to apply online
Job Title: Commercial Banking Relationship Manager for Nigeria CSG – VP
Job Req ID: 21376676
Location: Nigeria
Job Category: Institutional Sales
Background
- This role is based in Lagos, reporting directly to the Middle East, Turkey and Africa CSG Cluster Head based within Citi Commercial Bank’s (CCB) team in Dubai and matrix to the Global Subsidiaries Group Head in country.
- The Relationship Manager will have responsibility for developing new subsidiary relationships into the CSG Nigeria business together with strengthening an existing cross border portfolio.
- The RM would be responsible for subsidiaries of multinational clients. The primary responsibilities will be to build relationships and provide financial solutions for the subsidiaries of CCB clients with international presence.
- The job involves day-to-day co-operation with various CCB presence countries and regions, as well as both the product and implementation teams in Lagos, Dubai or London.
- Responsibilities also include active engagement in projects related to additional products and functionalities offered by the CCB teams across the region.
- Citi Commercial Bank caters to SME (Small & Medium Enterprise) and MME (Mid-Market Enterprise) segments. CSG Relationship Manager needs to be aware of country-specific capabilities, limitations, and KYC and lending regulations. S/he needs to be proficient in the product suite offered, working knowledge of Lending products, Trade, FX, and Cash Management as well as Approved Elsewhere Program (AEP) guidelines. This role requires excellent coordination with the overseas Parent Account Manager (PAM) on all matters related to Prospecting/Qualifying, Approving Unit Structuring, Approving Unit Underwriting/Approval, Extending Unit Due Diligence, Legal Documentation, Booking / Funding and managing the end-to-end CSG relationship.
- This is a great opportunity for someone looking to further their career in Commercial Banking and become a founder member of the new CSG business in Nigeria.
Job Purpose
- Active calling on subsidiaries of CCB customers in Nigeria
- Managing relationships with CCB customers in Nigeria, including cash management solutions, FX, trade and credit products
- Monitoring and supporting the products’ implementation process
- Supporting the international expansion of CCB customers
- Managing customers and transactions in the existing CRM platform
- Interaction with other CCB structures across the globe
- Verifying adherence to global KYC (Know Your Customer) standards during the referral management process
- Maintaining overall control and accountability for the managed cross-border transactions referrals.
Key Responsibilities
- Customer acquisition and building relationships with subsidiary relationships in Nigeria
- Assessing credit needs and underwriting credit for subsidiaries
- Leading RFP solutions, working with product partners, and client presentation process
- Liaising and co-ordinating with other regional CCB teams to develop processes aligned with the requirements of CCB customers and identifying further business opportunities
- Interaction with cash management product and implementation teams to improve the product offering and service standards
- Adhere to internal control policies including KYC, completion and updating of all required documentation
- Must support and influence the sales process by applying business knowledge.
Qualifications
Education Level:
- University Degree
- A Postgraduate Degree or relevant professional qualifications is mandatory.
Knowledge:
- Minimum of 15 years post-graduation experience out of which 10 years must have been in the banking industry and at least 2 years must have been on the Assistant General Manger grade.
- Thorough understanding of banking products for middle market corporate customers
- Understanding of on-boarding process critical elements
- Experience in Commercial / Relationship Banking with international customers
- Ability to assess credit risk of the corporate client.
Skills:
- Strong communication skills and well-structured work approach
- Independent and well organized
- Strong business orientation and ability to react well under pressure to immediate business needs
- Strong focus on delivery
- Ability to turn concepts into actual solutions that can be delivered
- Excellent presentation skills and ability to influence decisions at all levels
- Strong analytical skills with a motivation to learn
- Ability to follow through on risks/issues and track them to closure
- Experience in managing multiple project timelines and prioritizations.
Core Competencies Technical:
- Excellent computer skills
- Understanding of issues in the implementation / onboarding process.
Behavioral:
- Exploring issues and generating solutions. Analysis and use of a diverse range of environmental and business information to identify business priorities and making decisions to deliver business benefits
- Team player with the ability to support the wider CCB team, as well as requesting support from the appropriate team members as required
- Ability to engage appropriately at all levels in the organization and build relationships with a variety of business and external sources.
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
Click here to apply online
Note
- Citi is an equal opportunity and affirmative action employer.
- Qualified applicants will receive consideration without regard to their race, colour, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
2 comments
I truly enjoy looking through your posts. I like to write a little comment to support you.