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 Title: Corporate Salesperson - Rates and Currencies (C11/C12)
Ensuring that coverage benchmarks are met for assigned customer names
Nurture client relationships. Support RMs to devise and develop treasury based solutions to meet corporate clients’ needs
Ensure Citi remains in the dominant position in the market by leveraging on the Citi brand, product depth and professionalism
Focus on the ecommerce business with a view to embedding the CitiFX Pulse product with corporate clients, and increasing revenue and volumes across online modules.
Ensuring that all internal process and requirements that relate to customer acquisition and transaction processing are efficiently managed.
Key Responsibilities
Responsible for originating ideas, working closely with the relationship managers and regional product specialists to deliver value added products and services to key priority customers of the bank
Ensure that Citi remains in the dominant position in the Rates and Currencies business in this market by leveraging on the Citi brand, product depth and professionalism, while guiding the introduction of new products to the market to add depth, breadth and future revenue streams for the business
Formulate and implement all short and medium term strategies for the sales of structured solutions to key priority bank customers. Generate fresh trade ideas, arising out of an understanding of bank customer exposures and implement and sell products to mitigate these.
Ensure that all derivative sales practices meet all Citi standards and comply with local regulations and guidelines, this includes suitability and appropriateness testing of derivatives customers
Focus on the ecommerce business with a view to embedding the Citi treasury product with corporate clients, and increasing revenue and volumes across the foreign exchange and money market modules.
Support RMs to devise and develop treasury based solutions to meet corporate clients’ needs.
Business Relationships
Internal:
RMs/Corporate Finance for marketing structured product ideas to key customers.
Trading Teams to place customer orders in the market
Regional hubs for structured sales support and introduction of trade ideas in this market
Back and middle office to ensure appropriate booking, measurement and compliance with regulations as they relate to derivatives sales
External:
Direct marketing of large priority customers to identify exposure and sell derivative ideas
Liaising with customers and Corporate finance teams to embed hedge solutions in Corporate Finance Pitches
Customers both on and offshore will rely on the sales team for market analysis, forecasts and trends
Knowledge/Qualifications/Skills
University Undergraduate Degree
Relevant Professional Qualification e.g. CFA, ACA, MBA etc.
Candidate must be numeric with proven analytic skills, decisive, quick thinking and have high energy levels and drive
Strong organizational skills and must be able to multitask
Must be highly motivated and have a very competitive nature.
Strong communication skills (both written & verbal)
Strong knowledge of markets, local regulations and CBN guideline
Strong knowledge of Citi operational processes and an understanding of market risk policy and limit monitoring
10 - 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 an manager or equivalent grade level.
Evidence of experience in at least three (3) major areas of banking operations.
Advanced degree (e.g. JD, MBA) an added advantage.
The above job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
Citi is an equal opportunity and affirmative action employer.
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.
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