Citibank Nigeria Limited is recruiting for the position below. Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities.
Job Title: Regulatory Risk Analyst
Job ID: 19141970
Location: Lagos
Job Function: Risk Management
Employee Status: Regular
Job Background and Context
Part of the ICG Regional Credit Risk team supporting Nigeria and West & Central Africa
Global and local regulatory requirements relating to Credit Risk
Responsibility for regulation interpretation and assessment, and recommendations to ensure compliance with regulatory requirements impacting Credit Risk
Supports activities relating to regulatory processes impacting Credit Risk (e.g. ICAAP)
Active engagement with Business and Control functions to deliver on the above
Key Responsibilities
In close cooperation with the Country Risk Manager and as part of the ICG Regional Credit Risk team, responsibilities include:
Evaluate local regulatory matters (policies, laws, and regulatory and supervisory requirements in relation to Citi’s Credit Risk activities ) (“Local Credit Risk Regulation”) in the countries, and how these are to be complied with through either Citi global, regional or local credit risk policies, standards and/or processes (“the Credit Risk Policies and Procedures”)
Development, drafting and recommendation of local Credit Risk Policies and Procedures to comply with Local Credit Risk Regulation in the absence or limitation of Citi policies, standards and/or processes
Develops working knowledge of industry practices and standards in order to support understanding of the above activities
Assist with regulatory inquiries and/or examinations impacting Credit Risk
Support in activities impacting regulatory requirement and Credit Risk, for example, Internal Capital Adequacy Assessment Plan (“ICAAP”), IFRS9 activities, BCBS239, other Basel related activities
Collaborate with other internal areas, including Finance, Compliance, Legal, Business Management, in the fulfilment of the above activities
Coordinates and provides training to business units and functions on Credit Risk Regulation (Global and Local) and the Credit Risk Policies and Procedures, and other regulatory matters relating to Credit Risk
Development Value:
Opportunity to obtain global and domestic regulatory credit risk exposure and experience
Exposure to different functional disciplines which interact with Credit Risk in these activities
Experience in working with multicultural teams across different geographies
Part of a motivated and high performing team that is responsible for delivering critical credit risk regulatory compliance
Opportunity for career advancement and mobility in a merit-driven environment
