Business Execution Lead, Nigeria at Citibank Nigeria Limited (CNL)

Citibank Nigeria Limited (CNL) was incorporated in Nigeria on May 2, 1984 and the oldest international bank in the country. It provides a wide range of financial products and services to corporate and commercial customers, financial institutions and public sector organizations. It offers deposit and loan products, global transaction services, cash management, sales and trading, corporate finance and investment banking products.

We are recruiting to fill the position below:

Job Title: Business Execution Lead, Nigeria

Job Req ID: 24733788
Location: Lagos, Nigeria
Job Type: On-Site/Resident
Job Category: Business Administration
Job Family: Business Management
Job Family Group: Business Strategy, Management & Administration

Job Purpose

• The MEA Banking and International Business Execution team reports to the MEA Cluster and Banking Head, and matrix reports to the COO of Banking and International. 
• The BE team in MEA is responsible for the execution of business-critical initiatives and programs, enabling business growth by coordinating client focused initiatives, Legal Entity management, Legal Entity Controls, and Transformation execution.
• The Business Execution (BE) Lead in Nigeria is responsible for supporting the CCO and Banking Head with the growth and client strategy of the franchise, Legal Entity management through an efficient and streamlined governance model, enhancing the Controls environment, promoting a culture of proactive controls, and leading the transformation execution.

Key Responsibilities
Client Focus and Business Growth:

• Lead client-focused strategic initiatives on behalf of the CCO and Banking Head to enable business growth.
• Work in partnership with other members of the country leadership team and the CCO and Banking Head to identify and lead business initiatives that enable business growth. These will include People and Talent, Client Experience and other strategic initiatives.
• Ensure strategic programs and initiatives in the country and Legal Entity are managed in the most effective manner, are reported to the appropriate forums and are successfully delivered.

Legal Entity Management:

• Support CCO and Banking Head in implementing and running a streamlined and effective Legal Entity governance model, including the Nigeria Board.
• Ensure that Legal Entity governance model adheres to local laws and requirements and is in line with Citi’s policies.
• Coordinate Regulatory matters for the Legal Entity, ensuring that all regulatory related activity (changes, engagement, advocacy) has an owner and drive accountability to achieve the desired outcome.
• Coordinate business reviews of the franchise, the annual planning cycle and expense management.
• Participate and/or coordinate implementation of assigned initiatives within the Transformation programs.
• Support the CCO and Banking Head in monitoring the performance of the franchise against the defined and agreed Scorecard.  Drive accountability within the franchise to deliver against set targets.
• Enable effective connectivity of the Legal Entity governance to the MEA cluster governance by escalating any material items in a timely manner.
• Promote connectivity with the country and Legal entity by partnering with the businesses and functions in the most effective manner.

Risk and Controls:

• Support the CCO and Banking Head to promote a culture of proactive controls, and drive accountability.
• Ensure the Legal Entity governance effectively addresses all risk stripes (Financial and non-Financial risk) in line with Citi’s policies and standards, and local requirements.
• Ensure proactive and effective use of MCA to test and enhance the control environment of the Legal Entity.
• Ensure effective management of Operational Risk controls, issues, remediation efforts and controls enhancements. This includes Third Party Management and Data Governance matters.
• Ensure effective management of Compliance Risk controls, issues, remediation efforts and controls enhancements, including AML, Sanctions.  
• Ensure effective management of Financial Risks, including oversight of ICAAP process on behalf of the CCO and Banking Head.
• Audit Management and independent review coordination in conjunction with ICRM
• Ensure Issue Management best practices are adopted to identify, own and manage issues in the country and Legal Entity.
• Coordinate escalations of any potential Issue re-targets, re-opens, and target dates at risk to secure timely support for remediation efforts.

Development Value:

• This is a key role in a diversified franchise, with a wide scope and regular interaction with senior management. It is a strategic role that offers exposure and the opportunity to develop an in-depth knowledge about and hands-on experience with how a Citi franchise plans and executes the business strategy and manages the Legal Entity to serve our clients and grow our business.

Qualifications

• General Manager (SVP)
• Minimum of First Degree or equivalent in any discipline plus a relevant higher degree or professional  qualification
• Well versed in risk management and corporate governance concepts.  Experience in running effective governance a plus.
• General understanding of financial institutions framework and applicable regulation.
• Minimum 15 Years of Post-Graduation Work Experience
• Minimum 12 Years of Experience in Banking
• 2 yrs. as DGM/VP with experience in at least 3 three (3) major areas of banking operations.
• Citi-specific knowledge is a plus.

Skills & Competencies:

• Business minded, client focused, and commercially savvy.
• Execution focused with a positive and winning mindset.
• Excellent communication and presentation skills. Ability to produce succinct and effective communication and presentation material.  Attention to detail. A proactive and 'no surprises' approach in communicating issues and escalating matters.
• Highly collaborative and solutions oriented. Strong critical thinking and problem-solving skills, including the ability to analyse operational and financial impact of initiatives and drive risk mitigation, while providing effective challenge to the businesses and functions.
• Excellent interpersonal skills. Ability to build and maintain professional working relationships across geographies and corporate functions. Ability to manage through influence (e.g. in the absence of reporting lines or matrix reporting). Effective negotiation skills
• Strong organizational and program management skills. Highly organized and able to handle complex deliverables independently. Ability to prioritize and drive results while maintaining attention to detail and quality of output.
• Proactive controls minded; experience in leading cultural change and driving accountability. Well versed in banking compliance and regulatory matters.

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