Recruitment, apply for Citibank recruitment 2023 below.
Gatekeepers News reports that Citibank is the consumer division of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, and later became the First National City Bank of New York. The bank has 2,649 branches in 19 countries, including 723 branches in the United States and 1,494 branches in Mexico operated by its subsidiary Banamex.
Citibank is recruiting to fill the following position;
Job Title: Risk Operations Senior Analyst
Lagos, Nigeria
Job Req ID 23609902
Job Purpose:
Provides broad relationship support for the local franchise in all product areas for credit-related matters. This includes but is not limited to management of the credit approval and credit documentation processes; regulatory reporting and ensuring sustainable controls and compliance with global credit policies; bringing a broad questioning approach as well as providing ideas for process improvements.
Works closely with and supports the Country Risk Managers, Relationship Managers, Finance Managers, and senior management in managing and mitigating credit risk.
Key Responsibilities:
Central Bank Regulatory Reporting:
- Ensure accurate & timely CRMS submissions for Central Bank of Nigeria (CBN) reporting and maintain a good audit trail for all the submissions.
- Maintain accurate databases for CBN reporting and evidence all correspondence with CBN.
- Understand & implement various CBN reporting requirements (CBN-CRMS), and closely work with Finance to manage reporting and compliance obligations.
- Provide on ad hoc and regular intervals, Credit data to CBN, NDIC, CRBs and other regulatory related entities.
Credit Documentation and Collateral
- Receive, review and ensure safekeeping of credit, support and collateral documentation; record items in documentation and collateral tracking systems in line with credit policies.
- Ensure established processes are followed; including collateral management and registration in credit systems, marking of facilities as available based on credit documentation requirements, follow-ups on exceptions.
- Develop and implement procedures for documentation custody and monitoring; contribute to standard and streamlined processes design.
Credit Preparation and Approval:
- Maintain relationship and facility data in credit systems; support business on portfolio related activities including CA preparations and update of credit information in credit systems.
Data Quality Control:
- Take ownership of the data and ensure correct updates in various credit & operation systems. Understand data flows for all data element categories; investigate and resolve the underlying causes of errors.
- Prepare & review month-end Cross Border submissions and information for portfolio reviews whenever required.
Audit Support:
- Aid in internal and external audits for assigned portfolio segment(s). Provide portfolio and related credit information, normally at the relationship level. Contribute to achieving acceptable audit ratings.
- Maintain Credit Portfolio data at all times for inspection by CBN, NDIC, CRBs and other regulatory related entities on ad hoc basis.
Business Relationships:
Country Risk Managers, Relationship Managers, Finance Managers, and senior management in managing and mitigating credit risk.
Internal:
- Frequently interact Country Risk Managers, Relationship Managers, Finance Managers, and senior management in managing and mitigating credit risk.
External:
- Frequently interact with CBN, NDIC & CRBs
Knowledge:
- Broad understanding of risk management guidelines
- Broad understanding of credit systems and any other ancillary credit-related systems.
- Working knowledge of key credit and operations systems data flows.
- Understanding of local regulatory requirements relating to credit risk matters.
- Broad Understanding of Redesigned CBN-CRMS
- Broad banking products knowledge.
Skills:
- Good organizational, time management (prioritization of tasks).
- Must display great attention to details.
- Must be Customer focused.
- Ability to handle pressure.
- Must possess excellent communication skills.
- Must be confident, articulate and assertive.
Core Competencies:
- Efficient and Logical approach to problem solving
- Responsible
- Committed
- Self-Motivated
- Self-starter
- Innovative
- Good learner
Education:
- Bachelor’s degree/University degree or equivalent experience
- MBA or Master’s degree or professional qualification an added advantage
Qualifications:
- Minimum of 15 years minimum post-graduation experience, out of which 10 years must have been within the Banking industry and a minimum of 3 years as a Senior Manager or eqv position.
- Evidence of experience in at least three (3) major areas of banking operations.
Note:
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries (“Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
