Product Manager – Trade and Treasury Recruitment at Citibank Nigeria Limited

Citibank Nigeria Limited, the leading global financial services company, provides consumers, corporations, governments and institutions with a broad range of financial products and services.

Position Title: Product Manager – Trade and Treasury

Ref Id: 18040619
Location: Lagos
Job Category: Product Management
Schedule: Full-time
Shift: Day Job
Employee Status: Regular
Travel: No

Job Purpose

  • Marketing of Trade products to customers.
  • Work with business segment to develop solution to issues identified by customers in the relevant business segments.
  • Refine existing products and develop new ones that meet the needs of customers based on RM, customers and competitive intelligence.
  • Grow Trade products and relevant business segment market share
  • Monitor product performance and address issues affecting sales as highlighted by customers or Relationship Managers.
  • Pro-active management of internal credit and pricing issues; lines and X-border etc.

Key Responsibilities

  • Prepare product plans yearly for review by Trade Head
  • Conduct annual review of product programs
  • Prepare regular reports, which will serve as indicators to management of product performance based on established goals. Some of these reports are: Monthly Volumes, Wallet sizing report, Product grid, Pipeline of new deals etc.
  • Carry out market intelligence about the competition, and ensure that we adopt best practices.
  • Liaise constantly with Trade Operations to ensure understanding of the product by Trade Operations staff and ensure efficient delivery to customers.
  • Conduct business reviews with marketing units and meet with operations and technology on a regular basis.
  • Liaise with the regulators (Central Bank of Nigeria, Customs, Inspection Agents etc.) to ensure that regulatory constraints relating to products are quickly resolved.
  • Conduct regular training and education sessions for Relationship Managers and O and T.
  • Maintain close relationship with Risk Management, Business Segments, O and T and Finance to ensure all the objectives of the products are clearly understood

Business Relationships
Internal:

  • Trade Product Head – Regular Product and Business updates. Product program reviews, internal approval. Customer calls
  • Trade Operations – Procedure reviews, Implementation and Product Delivery
  • Relationship Managers – Customer calls, product issues and resolutions, feedback from customers
  • TTS Head – Group Head. Interfaces on a need basis regarding product development, regular updates on product management and business reviews.
  • SCOO – Internal Approvals, Product Program approvals, Process and Issue resolutions
  • Country Risk Manager – Product Program approvals/Product credit issues and process
  • Financial Controller – Management and Tracking of Product Revenues
  • CCO/Sub-Sahara Africa Cluster Head – Internal approvals etc.

External:

  • Customers – Product Marketing, Acquisitions, Deal booking, Query Update
  • Central Bank of Nigeria – Product Clarification and opinion on product structures. Approvals relating to line and exceptional processing
  • CEEMEA Trade London – Product Structuring, Marketing Interface etc.

Requirements, Qualifications & Experience

  • Bachelor’s Degree,
  • Master’s Degree or Professional Qualification
  • Minimum 7 years’ experience

Thinking complexity:

  • Quality of people
  • Regulatory framework
  • Competition (Un-even playing field).
  • Maintaining a compliant culture when competition is less compliant
  • Credit issues
  • Limited cross border
  • Limited unconfirmed LC limit
  • Pricing
  • Bureaucracy/Cumbersome processes
  • Challenge to “established routine process” instead of business as usual

Competencies:

  • Excellent communication skills (written and verbal)
  • Innovative and creative, strategic thinker
  • High energy, enthusiasm, self-starter
  • Self-motivated
  • Strong team player
  • Good financial analysis/Interpretation skills

Valuing Diversity:

  • Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organisational success.

Application Deadline: Not Specified.

Click here to apply

Note

  • Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.
  • Citi is an Equal Opportunities Employer.
Please follow and like us:

Leave a Reply

Your email address will not be published. Required fields are marked *