Valuation Control Intermediate Analyst

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Job Overview

Valuation Control Analyst – Equities

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.

In this position you will use and expand your experience and professional skills for the following responsibilities:

• Perform Independent Price Verification (IPV).
• Calculate and/or verify Valuation Adjustments.
• Perform Fair Value Levelling for the inventory controlled.
• Own or contribute to reporting related, analytical, or projects related tasks.
• Work with Front Office and other stakeholders to ensure a complete understanding and proper resolution of any valuation issues.
• Ensure particular attention is given to the design and execution of controls.
• Identify pricing issues and control deficiencies that may require special attention with a critical analysis of the risks involved.
• Effectively interact with senior stakeholders and contribute to valuation meetings with Business Functions, Risk, and Markets Controllers counterparts.

The ideal candidate for this position preferably possesses the following qualifications and skills:

• University or College degree in economics, finance, mathematics, or a similar relevant discipline
• At least 3 years’ professional experience in a relevant field of Finance (preferably Valuations, Risk, Product Control, or similar functions)
• Knowledge of, experience with, or a demonstrated interested in capital markets products (Equities, Bonds, Commodities, FX, Options, Swaps, Futures, Forwards)
• Strong computer literacy, with special regards to Microsoft Excel (VBA and Python being a plus)
• Strong verbal and written communication skills in English
• Attention to detail, control-focused mind-set, and a high level of proactiveness
• Good time management and stakeholder management skills
• Ability to critically assess and improve processes

Benefits

• Flexible work arrangements in an organization that acknowledges work-life balance
• Career management and mentoring by senior colleagues and leaders
• Inclusive and friendly corporate culture where gender diversity and equality is widely recognized
• A socially active team and communities with diverse networking opportunities
• A supportive workplace for professionals returning to the office from childcare leave
• Competitive compensation package
• Exposure to a number of different capital market products
• In-depth understanding of pricing and price verification approaches for various products
• Understanding accounting standards relating to fair value reporting for derivatives
• Understanding the regulatory impact on valuation and pricing

What we can offer you:

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

Alongside these benefits 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.

#LI-LJ2

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Job Family Group:

Finance

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Job Family:

Valuation Control

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Time Type:

Full time

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Most Relevant Skills

Communication, Data Analysis, Digital Skills, Domain Expertise, Internal Controls, Planning and Organizing, Product Knowledge, Risk Management, Stakeholder Management, Technical Product Modeling.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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