Valuation Control Supervisor - Equities
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Valuation Control Supervisor - Equities
The Valuation Control Group (VCG) is an independent team of subject matter experts in Product Control 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, and perform Fair Value Levelling for the inventory controlled
manage one or multiple Valuation Control Analyst(s), acting as a reviewer and first point of escalation
identify and resolve pricing issues, control deficiencies, backup coverage gaps, and process documentation deficiencies
efficiently allocate resources to project work and end-user process enhancements
perform internal and external reporting related tasks, including compliance with the European Banking Authority’s Regulatory Technical Standards on Prudent Valuation
work with Front Office and other stakeholders to ensure a complete understanding and proper resolution of any valuation issues
Identify and resolve pricing issues, control deficiencies, backup coverage gaps, and process documentation deficiencies
effectively interact with senior stakeholders and lead valuation meetings with Business Functions, Risk, and Product Control counterparts
exploit a collaborative and motivating attitude to join forces with colleagues for excellent results
benefit from your organized personality, attention to details and independent working style
use your experience and knowledge to drive and contribute to outstanding team performance
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 6 years’ professional experience in a relevant field of Finance (preferably Valuations, Risk, Product Control, or similar functions) – people management experience is an advantage
ability to motivate and develop team members
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)
ability to communicate (in English) effectively and efficiently across functions and departments
attention to detail, control-focused mind-set, and a high level of proactiveness
good time management and stakeholder management skills
strong process improvement capabilities and track record
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.
flexible work arrangements in an organization that acknowledges life-work balance
career management and mentoring by senior colleagues and leaders
opportunity for participation in managerial development initiatives
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
further developing managerial and coaching skills
Your journey and flexible career at Citi begins here – apply now!
Job Family Group:Finance
Job Family:Product Control
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