Jobs

Citibank Nigeria Limited Recruitment for Risk Operations Analyst I

    Company: Citibank Nigeria Limited

    Number of Slot: 1

    Specialization: Risk Management / Compliance

    Work Level: Experienced (Non-Manager)

    Job Type: Full-Time

    Experience:

    Salary Range:

    Minimum Qualification:

    Location(s): Lagos

Citibank Nigeria Limited, the leading global financial services company, provides consumers, corporations, governments and institutions with a broad range of financial products and services.

We are recruiting to fill the position below:

Job Position: Risk Operations Analyst I

Job ID: 20200686
Job Location: Lagos, Lagos
Job Function: Operations
Employee Status: Regular
Business: Credit Risk Management Services
Division: Middle East and Africa
Grade/Level: C09
Reporting to: CRMS Head, SSA.
Time Type: Full time

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.

Limit Monitoring:

  • Escalate detected exceptions per policy, and address recurring exceptions. Implement process changes to correct technical exceptions and mismatches.

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 with Country Risk Managers, Relationship Managers, Finance Managers, and senior management in managing and mitigating credit risk.

External:

  • Frequently interact with CBN, NDIC & CRBs.

Person Specification
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.

Note

  • Citi is an equal opportunity and affirmative action employer.
  • Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
  • 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 click here