Country Risk Manager at Citibank Nigeria

Posted on Mon 08th Sep, 2014 - www.hotnigerianjobs.com --- (0 comments)

Citibank Nigeria Limited, the leading global financial services company, provides consumers, corporations, governments and institutions with a broad range of financial products and services. Additional information may be found at www.citigroup.com.

Citibank Nigeria Limited is recruiting to fill the vacant position of:

Job Title: Country Risk Manager

Primary Location: EMEA-NGA-LA-Lagos
Location: Nigeria
Ref.: 14057938
Employee Status: Regular

Job Purpose
  • Manage Citi's CIB Credit & Portfolio Risk in Nigeria
Job Background/Context
  • Preservation of a strong risk management framework to ensure a healthy portfolio.
Key Responsibilities
  • Approve (or otherwise) Credit Risk asks for Nigeria and provide back-up coverage to CRM for the rest of the 5 countries in Central and West Africa.
  • Form a clear and thorough understanding of the specific risks.
  • Improve on the risk controls and risk management processes.
  • Demonstrate a thorough understanding of Citi policies and procedures on credit and market risk.
  • Visit all EM champions and other significant large obligors at least yearly.
  • Motivate, reward and hold accountable the team of risk analysts reporting into the position through the RAU Head.
  • Set goals, evaluate and provide feedback in a timely fashion to the RAU Head.
  • Assist in developing credit skills of banking heads, analysts as well as coverage officers.
  • Help the ICG Businesses supported in understanding the relevant risk management implications (e.g. on data quality, risk assessments, approvals etc.) of Basel 3 capital rules in order to optimize returns on Basel capital.
  • Strengthen the strategic impact of the Risk organization by effectively utilizing risk assessment and/or portfolio optimization tools for decision making.
  • Identify opportunities to increase effectiveness and efficiencies in day-to-day job responsibilities, while maintaining and enhancing a control environment.
  • Conduct Portfolio Stress Testing and Reviews on the Portfolios managed, as warranted.
  • Participate in the formulation and implementation of the country's business and risk strategies via Fine-Tuning and approving Country Portfolio & Scenario Plans as well as Watch-listing parameters and guidelines.
Qualifications
  • A B.Sc / BA degree.
  • A postgraduate degree will be an added advantage.
  • Relevant professional qualifications are mandatory.
Knowledge/Experience
  • Minimum of 15 years in Credit related experience, 7 of which must be in the Banking sector and 5 of which must be at senior management level.
  • A minimum of 3 years in supervisory role.
  • Knowledge of institutional and regulatory credit policies with good understanding of accounting, product and finance principles
  • Experienced Business or Risk SCO with proven capability to manage large portfolio.
  • Knowledge and understanding of Banking operations (International & domestic).
  • Knowledge and understanding of financial regulations (Domestic & International).
Skills
  • Strong Credit, Analytical, Management, and Leadership skills required. Ability to withstand pressure and enforce a strong risk culture that focuses on risk reward balance.
  • Be a consensus builder with ability to work together with business partners to deliver sustainable revenue and portfolio aspirations.
Application Closing Date
Not Stated

How to Apply
Interested and qualified candidate should:
Click here to apply