Valuation Control Senior Analyst

Valuation Control Senior Analyst at Citi

The Valuation Control Group (VCG) is an independent team of subject matter experts within the Finance Division. VCG’s primary responsibility is to reasonably ensure that risk portfolios are fairly valued in accordance with applicable standards and regulatory requirements. In doing so, the team works closely with its stakeholders, including senior management, business heads, product control, market risk, regulators, and both internal and external audit.

As part of the team of diverse and supportive professionals, the main tasks are concerned with performing valuation control processes for various Equities businesses within Citi’s Institutional Clients Group.

Key Responsibilities

• Perform Independent Price Verification (IPV), calculate and/or verify Valuation Adjustments, and perform Fair Value Levelling.
• Identify and resolve pricing issues, control deficiencies, backup coverage gaps, and process documentation deficiencies.
• Act as a reviewer and first point of escalation for Valuation Control Analysts.
• Efficiently allocate resources to project work and end-user process enhancements.
• Perform internal and external reporting related tasks.
• Work with Front Office and other stakeholders to ensure proper resolution of any valuation issues.
• Identify and resolve pricing issues, backup coverage gaps, control, or process documentation deficiencies.
• Effectively interact with senior stakeholders and lead valuation meetings with various business functions.

Qualifications and Skills

• 6+ years’ professional experience in Finance (preferably in Valuations, Product Control, Risk, Financial Control, or similar functions).
• University or College degree in economics, finance, mathematics, or a similar relevant discipline.
• Knowledge of, experience with, or a demonstrated interest in capital markets products (Equities, Bonds, Commodities, FX, Options, Swaps, Futures, Forwards).
• Proficient Microsoft Excel user - VBA and Python knowledge is an an advantage.
• Excellent English communication skills.
• Control-focused mind-set, stakeholder management skills, process improvement capabilities.

What Citi Offers

This role will offer you the opportunity to build a solid understanding of financial services operations and deepen your knowledge about effective regulatory requirements. Since the regulatory landscape is continuously changing it will support your development that can drive your career.

By joining Citi Hungary, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive compensation package and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well:

• Cafeteria Program
• Home Office Allowance (for colleagues working in hybrid work models)
• Paid Parental Leave Program (maternity and paternity leave)
• Private Medical Care Program and onsite medical rooms at our offices
• Pension Plan Contribution to voluntary pension fund
• Group Life Insurance
• Employee Assistance Program
• Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed
• Flexible work arrangements to support you in managing work - life balance
• Career progression opportunities across geographies and business lines
• Socially active employee communities with diverse networking opportunities

Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

Key skills/competency

• Valuation Control
• Independent Price Verification (IPV)
• Financial Analysis
• Risk Management
• Stakeholder Management
• Process Improvement
• Microsoft Excel
• VBA
• Python
• Capital Markets (Equities)