Citibank Nigeria Limited fSec Processing Analyst 2 Job Vacancy

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:
Sec Processing Analyst 2
Ref No: 17058635
Location: Lagos
Job Category: Operations
Schedule: Full-time

Job
Purpose

Notify
the client of any corporate events and market news to avoid any claims
from the client which may be as a result of late notification.
Update
the system with corporate events, thereby helping Citi keep a data base of
corporate events which can be referred to in the future.
Maintain
effective personal administration and manage capacity.
Continuously
improve on procedures and process flow for corporate actions.
Act
as back up for all positions in the unit including head of SS Operations.
Liaise
with various departments in the bank to service the client.
Collect
all income from the registrars on behalf of Citi.
Respond
to clients queries relating to corporate action issues and providing
status report if need be until such query is completely resolved.
Work
with the head of SS Operations to stream line processes and to achieve
common goals.
Custodian
of the physical Certificate of Capital Importation (CCI).

Accountabilities

Oversees
all corporate events affecting shares held in custody on behalf of Citi
DCC clients.
Liaise
with Registrars, company secretaries and other market participants to make
sure that all payments are received and further credited to clients
account.
Complete
IPO/PO/PROXY forms.
Liaise
with various departments in the bank to service the client.
Work
with the head of SS Operations to stream line processes and to achieve
common goals.
Supervision
of corporate action operations within SS Operations unit.
Manage
daily corporate action functions in custody operations in conjunction with
ensuring quality service are delivered to the client. Ensure all control,
policies, procedures and reporting requirements are adhered to.
Co-ordinate
provision of corporate actions information provided to customers by SS
Operations team in response to clients corporate actions related query.
In
conjunction with the Head of SFS, Provide input to the development of DCC
product programmes. Support the business units on all SFS business
development projects.
Custodian
of the physical Certificate of Capital Importation (CCI).
Continuously
improve on procedures and process flow for corporate actions.
Act
as back up for all positions in the unit including head of SFS operations.
Work
with the other units that are settlement interfacing to stream line
processes and to achieve common goals.
Assist
Head of SS Operations in providing feedback to business heads and the SCOO
on all risks associated with SFS products/processes, especially those
associated with changes in the regulatory environment and ensure that such
risks are appropriately documented and addressed by the implementation of
effective controls.
Assist
the Head of SS Operations in the Initiating/participating in process
improvement projects and various operations management tasks as delegated
by the SCOO.

Development
Value:

Opportunity
to be the head of Custody operations.
Opportunity
to broaden understanding of Operations in EMEA.
Increased
exposure to Senior management.
Consultation
skills in a matrixed environment with various stakeholders.
Level
of autonomy and business partnership to further develop influence,
negotiation and leadership skills.
Opportunity
to work closely within a dynamic business in large and varied Operations
environment.
Access
to key product leaders thereby increasing exposure to the larger
organisation

Qualifications
Skills/Experience:

Degree
in Business or related discipline or equivalent work experience
Good
knowledge of the capital market
Minimum
of 7 years relevant work experience and strong business mindset to provide
a platform for success.
Experience
of leadership role
Proven
ability to manage change
Demonstrated
commitment to diversity
Experience
of coaching and developing others
Proven
ability to meet new challenges, assimilate new information and to
influence people through the maturity of their approach and effective
expression and articulation of knowledge and understanding

Complexity:

Highly
risky market with potential for fraud.
No
in-country formal regulation guiding custody operation in Nigeria.
Image/franchise
risk from potential violation of Nigerian and American regulations.
High-pressure
environment resulting from large values and volumes of customer
transactions, competition, capacity and infrastructure constraints.
Rapid
changes and fluctuations in key economic indicators.
The
requirement for compliance with regulations and guidelines of the Central
Bank of Nigeria, Securities Exchange Commission, The Nigerian Stock
Exchange and The Central Securities Clearing System, laws of the Federal
Government of Nigeria, laws of the United States of America, Citigroup
policy.
Complex
and diverse product structures involving expertise, skills and processes
that are put to more tasking use for DCC products e.g. FX sales, funds
transfers, accounting entries, capital market, FX repatriations e.t.c.
This is pertinent because a single SFS transaction can encompass the use
of all these skills with a very short life span (Trade date +3).