Valuation Control Lead Analyst

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Job Overview

Valuation Control Lead Analyst

We are seeking an outstanding candidate to be part of the XVA Valuation Control Team supporting the XVA desks across the Markets business.

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.

Responsibilities:

• Support XVA Valuation Control in Budapest with responsibility for Independent Price Verification, Valuation Adjustments, Fair Value Levelling, as well as pertaining to analytical and project work.
• Responsibility for all aspects of valuation control of the business, including validation of market data inputs, reporting and analysis.
• Producing and implementing methodologies / procedures for valuation adjustments, price testing and fair value levelling across the business, with particular attention to the design of controls.
• Ensuring timely remediation of regulatory matters requiring attention, audit findings and reporting demands associated with the area of responsibility.
• Identifying pricing issues, valuation parameters or instrument types that may require particular attention with critical analysis of the valuation issues involved.
• Take a leading role in global, cross-functional projects.
• Acting as a business partner to the Business, Risk, Compliance and Finance.
• Enhancement and effective management of the VCG control and governance framework associated with the XVA desks.

Ideal background:

• At least 6-8 years’ professional experience in Finance (preferably in Valuations, Product Control, Risk, Financial Control, or similar functions)
• Strong understanding of current global accounting and regulatory developments pertaining to valuation of financial instruments
• University or College degree in economics, finance, mathematics, or a similar relevant discipline
• Ability to communicate effectively and efficiently across functions and departments (in English)
• Solid capital markets product knowledge, with special regards to rates derivatives
• Strong computer literacy with special regards to Microsoft Excel (VBA and Python being a plus)

We are a development-focused organization. The above qualifications and skills are considered as primary assets for the position – but we do not pursue perfectionism: we look for capable colleagues and help them grow to excellence in their fields and positions.

Benefits

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 model)

• 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-LF1

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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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Primary Location Full Time Salary Range:

14 768 850,00 Ft - 24 762 350,00 Ft

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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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Automated Processing and AI

We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.

Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.

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This job opening is for an existing job vacancy.

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