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: Risk Analyst
Job ID: 17003799
Location: Lagos, Nigeria
Schedule: Full-time
Job Function: Risk Management
Job Descriptions
- Provide financial analysis, risk assessment and analytical support for the assigned credit relationships in Financial Institutions Group (FIG), Global Subsidiary Group (GSG) and Global Corporate Bank (GCB) - with specific responsibility for providing risk analysis and monitoring of existing and new credit relationships across the entire portfolio.
- The role requires a strong knowledge and understanding of credit and banking products as well as exposure to an array of Citigroup’s ICG products.
- The role provides an opportunity for wide ranging engagement with various stakeholders, including business and risk managers, relationship teams, clients and external agencies.
Job Background/Context
- Risk Analysis team has analytical responsibility for Citibank Nigeria’s credit portfolio - covering Financial Institutions, Food and Beverages, Telecommunications, Oil Exploration and Production, Oil Marketing, Oil Servicing, Fast moving consumer goods, GovernmentPublic Sector and Infrastructure entities.
- The portfolio consists of predominantly non-investment grade credits - with a few investment grades as well as criticized credits.
- The portfolio spans various industry sub-sectors with each analyst exposed to multiple sub-sectors and multiple relationships in Financial Institutions Group (FIG), Global Subsidiary Group (GSG), Global Corporate Bank (GCB) and GovernmentPublic Sector.
Key Responsibilities
- Risk assessment and analysis of existing and new relationships - including periodic review of financial results and statements to monitor operating performance, liquidity position and financial condition
- The role involves peer analysis. Identification of industry/economic trends and outlook as well as preparation of financial projections and sensitivity analysis
- Collaborate as appropriate with product partners and relationship teams for new and/or refinancing credit transactions such as term loans or event-driven financing with specific responsibility for risk analysis, preparation of financial model and sensitivity analysis.
- Interact with product groups, depending on the needs and complexity of each credit and transaction - which may include term loans/syndications amongst others
- Client management including assisting in developing appropriate credit strategies and attending client meetings, as appropriate, in managing day to day relations
Development Value:
- Excellent opportunity to obtain broad exposure to an array of products and transactions across industries
- Experience in working with multicultural teams across different geographies
- Part of a motivated and high performing team that is responsible for delivering in-depth risk analysis for Nigeria’s credit portfolio
- Opportunity for career advancement in a merit-driven environment
Qualifications
Knowledge/Experience:
- Strong accounting and finance knowledge
- Financial modelling experience
- Knowledge of credit and banking products such as Syndicated Loans, Trade Finance and FX/Derivatives
- Knowledge of Citigroup credit policies and procedures preferred.
- Minimum of 5 years post-graduation working experience with at least 2 years in a Credit Analysis related function. Management Associates may be considered eligible if they have completed the full training programme, including minimum 6 months in Risk Management.
Skills and Competence:
- Excellent modelling and financial analysis
- Strong verbal and written communication skills
- Strong team player and interpersonal skills
- Ability to work under pressure, multi-task and prioritize to meet deadlines
- Credit analytics and financial modelling
- Excellent PC skills - especially Excel and PowerPoint
Educational Qualification:
- Minimum Bachelor’s degree with Honours
- A postgraduate degree in a Finance/Economics/Management and/or analytical disciple will be an added advantage
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
Click here to apply online