Citibank Nigeria Limited Job Portal 2021 www.citigroup.com

1. Provide support to the Citi Country Finance Officer (CFO) to protect the Franchise and to ensure Citi is appropriately managing Tax related risks as it affects the business activities in the country.
2. Proactively identify and resolve country tax issues, supporting the financial reporting, control and management of legal vehicles in compliance with legal, tax and regulatory requirements.

Key Responsibilities
The Tax Manager will coordinate, review, monitor or plan for each of the following;

1. Oversight and management of all direct and indirect tax processes
2. Management of external tax consultants and Citi’s local relationship with the Revenue Authorities
3. Management and escalation of tax audits, investigations and tax litigations etc.
4. Review of Local tax law changes and implications (and inform senior management appropriately)
5. Management of all corporate tax requirements
6. WHT offshore payments relating to profit remittance
7. Managing tax governance, risks and controls and related controls
8. Income tax accruals, Contingent tax reserves and Effective Tax Rate management
9. Review and Assessment/notice orders negotiations
10. Intercompany ICSAs review and sign-off including APS reconciliations
11. Transfer pricing documentation and reconciliations
12. Tax balance sheet accounts including deferred tax assets, FIN 48 reserves etc.

Business Relationships:

1. Responsible for oversight over taxes that are applicable to the Bank.
2. Ensure that the control environment remains safe and sound by liaising with Operational Risk Management (ORM), Compliance, Legal and the Regulatory Reporting Governance Committee (RRGC).
3. Act as a regulatory liaison by proactively dealing with the requirements of the Central Bank of Nigeria, Tax Authorities and regulators.

Person Specification
Academic Qualification / Other Requirements:

1. Minimum of First Degree or equivalent in any discipline
2. Possession of ACA, ACCA, CFA or other relevant professional qualification or relevant higher degree required
3. Minimum of 15 Years post-graduation experience, of which 10 years ideally be within the banking sector with 3 years as SM with experience in at least three (3) major areas of banking operations.

Knowledge:

1. Analytical and Financial Skills: applicant must acquire an understanding of the Firm’s financials, balance sheet and income statement with ICG Institutional Client Group, ability to discern key drivers and risk/opportunities.
2. Communication skills: will be interacting with senior management within Citi, on a variety of internally driven and function-driven deliverables.
3. Teamwork/Relationship Management: the position requires extensive teamwork, partnership and collaboration across Finance and other functions
4. Working knowledge of banking products and business

Skills:

1. Strong interpersonal and communications skills
2. Good teamwork and project management skills.
3. Proficiency in Excel, Powerpoint and word office software.

Core Competencies:

1. Good Accounting and tax skills
2. Financial Modeling and analytical skills

1. This role is based in Lagos, reporting directly to the Middle East, Turkey and Africa CSG Cluster Head based within Citi Commercial Bank’s (CCB) team in Dubai and matrix to the Global Subsidiaries Group Head in the country. 
2. The Relationship Manager will have responsibility for developing new subsidiary relationships into the CSG Nigeria business together with strengthening an existing cross border portfolio.
3. The RM would be responsible for subsidiaries of multinational clients. The primary responsibilities will be to build relationships and provide financial solutions for the subsidiaries of CCB clients with an international presence.
4. The job involves day-to-day co-operation with various CCB presence countries and regions, as well as both the product and implementation teams in Lagos, Dubai or London.
5. Responsibilities also include active engagement in projects related to additional products and functionalities offered by the CCB teams across the region.
6. Citi Commercial Bank caters to SME (Small & Medium Enterprise) and MME (Mid-Market Enterprise) segments.
7. CSG Relationship Manager needs to be aware of country-specific capabilities, limitations, and KYC and lending regulations.
8. S/he needs to be proficient in the product suite offered, working knowledge of Lending products, Trade, FX, and Cash Management as well as Approved Elsewhere Program (AEP) guidelines.
9. This role requires excellent coordination with the overseas Parent Account Manager (PAM) on all matters related to Prospecting/Qualifying, Approving Unit Structuring, Approving Unit Underwriting/Approval, Extending Unit Due Diligence, Legal Documentation, Booking / Funding and managing the end-to-end CSG relationship.
10. This is a great opportunity for someone looking to further their career in Commercial Banking and become a founder member of the new CSG business in Nigeria.

Job Purpose

1. Active calling on subsidiaries of CCB customers in Nigeria
2. Managing relationships with CCB customers in Nigeria, including cash management solutions, FX, trade and credit products
3. Monitoring and supporting the products’ implementation process
4. Supporting the international expansion of CCB customers
5. Managing customers and transactions in the existing CRM platform
6. Interaction with other CCB structures across the globe
7. Verifying adherence to global KYC (Know Your Customer) standards during the referral management process
8. Maintaining overall control and accountability for the managed cross-border transactions referrals.

Key Responsibilities

1. Customer acquisition and building relationships with subsidiary relationships in Nigeria
2. Assessing credit needs and underwriting credit for subsidiaries
3. Leading RFP solutions, working with product partners, and client presentation process
4. Liaising and coordinating with other regional CCB teams to develop processes aligned with the requirements of CCB customers and identify further business opportunities
5. Interaction with cash management product and implementation teams to improve the product offering and service standards
6. Adhere to internal control policies including KYC, completion and updating of all required documentation
7. Must support and influence the sales process by applying business knowledge.

Qualifications
Education Level:

1. University Degree
2. A Postgraduate Degree or relevant professional qualifications is mandatory.

Knowledge:

1. Minimum of 15 years post-graduation experience out of which 10 years must have been in the banking industry and at least 2 years must have been on the Assistant General Manager grade.
2. Thorough understanding of banking products for middle-market corporate customers
3. Understanding of on-boarding process-critical elements
4. Experience in Commercial / Relationship Banking with international customers
5. Ability to assess the credit risk of the corporate client.

Skills:

1. Strong communication skills and a well-structured work approach
2. Independent and well organized
3. Strong business orientation and ability to react well under pressure to immediate business needs
4. Strong focus on delivery
5. Ability to turn concepts into actual solutions that can be delivered
6. Excellent presentation skills and ability to influence decisions at all levels
7. Strong analytical skills with a motivation to learn
8. Ability to follow through on risks/issues and track them to closure
9. Experience in managing multiple project timelines and prioritizations.

Core Competencies Technical:

1. Excellent computer skills
2. Understanding of issues in the implementation/onboarding process.

Behavioural:

1. Exploring issues and generating solutions. Analysis and use of a diverse range of environmental and business information to identify business priorities and make decisions to deliver business benefits
2. Team player with the ability to support the wider CCB team, as well as requesting support from the appropriate team members as required
3. Ability to engage appropriately at all levels in the organization and build relationships with a variety of business and external sources.