Citi

Valuation Control Senior Analyst -Product Methodologies and International Legal Entity Controls

Job Background/context and Purpose:

The Valuation Control Group (VCG) is responsible for reviewing and reporting fair value inventory consistently across all asset classes and Legal Entities (LEs). VCG is structured into the following key teams:

• Asset Class (Product) Teams
• Design & Execution (D&E)
• Methodology:
  • Product Methodologies (including both Fair Value and Prudent Valuation) and Legal Entity Controls
  • Valuations Policy
  • Audit & Regulatory

Core responsibilities of VCG:

• IPV (Independent Price Verification)
• Fair Value Adjustments (Bid-Offer, Model, Trade Specific)
• FVH (fair value Hierarchy) Levelling
• Prudent Valuation
• Valuation Uncertainty
• New Trade/Product Approvals and New Model Approvals
• Overhedges governance
• External, Internal and Regulatory Audits
• MI (Management Information) reporting
• A wide range of projects
• Industry wide engagement

Role Overview: This role sits within the Product Methodology (covering both Fair Value and Prudent Valuation) and Legal Entity Controls team. It offers broad exposure to all asset classes and provides an excellent platform for career development. Key responsibilities include:

• Act as the primary VCG contact for the Legal Entities in scope
• Define and maintain a consistent governance and control framework for the legal entity; represent VCG in the legal entity governance forums.
• Collaborate with all VCG product-aligned and cross-functional teams to ensure accurate and timely reporting for the relevant Legal Entities
• Provide execution and subject matter expertise for input variables production used (e.g. scalars) in the Prudent Valuation process
• Conduct thematic analyses and identify trends in the IPV, VA, FVH, Pruval across various dimensions such as Legal Entities, business and products.

Who are we looking for?

• 4-6 years’ experience in a valuation, risk or product control related discipline with a strong interest in the financial markets and the evolving regulatory landscape
• Actively seeks opportunities for improvement, automation, sources of new ideas and approaches leading to performance improvement
• Ability to work independently and resolve unstructured problems
• Experience of using data analytics tools such as KNIME, Python, Tableau and VBA for Excel

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-BV1

Job Family Group:

Finance

Job Family:

Valuation Control

Time Type:

Full time

Most Relevant Skills

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

Other Relevant Skills

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

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

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