Valuation Control Senior Analyst
Citi
Valuation Control Senior Analyst
Citi
Runs banking and payments for global clients
Valuation Control Senior Analyst
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 controllers, 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 businesses within Citi's Institutional Clients Group.
We are seeking a highly motivated candidate to work within the Valuation Control Group as a senior finance analyst.
In this position, you will use and expand your experience and professional skills for the following responsibilities:
What you'll do
Perform valuation control related core production: Independent Price Verification (IPV), Valuation Adjustments, Fair Value Levelling.
Take full ownership of identified valuation discrepancies, conducting thorough investigations into root causes, collaborating with relevant teams for timely resolution, and clearly communicating findings to management.
Drive the development, enhancement, and documentation of valuation control policies, procedures, and methodologies with particular attention to the design of controls, incorporating evolving industry best practices and regulatory requirements.
Ensure timely remediation of regulatory matters requiring attention, audit findings and reporting demands associated with the area of responsibility.
Represent VCG in various cross-functional initiatives, working groups, and discussions with internal and external auditors or regulatory bodies.
Actively contribute to strategic projects aimed at strengthening the firm's valuation control framework and improving operational efficiency.
People management dependent on the level and scope of the position.
The ideal candidate for this position preferably possesses the following qualifications and skills:
What we'll need from you
Bachelor's degree in Finance, Economics, Quantitative Finance, Mathematics, or a closely related quantitative discipline.
5-10 years' professional experience in Finance (preferably in Valuations, Product Control, Risk, Financial Control, or similar functions).
Exceptional analytical, critical thinking, and problem-solving abilities, with a proven track record of resolving complex valuation issues independently.
Strong understanding of current global accounting and regulatory developments pertaining to valuation of financial instruments.
In-depth knowledge of a broad range of financial instruments, market dynamics, and valuation methodologies.
Excellent written and verbal communication skills, with the ability to articulate complex financial concepts and valuation results effectively to both technical and non-technical audiences, including senior management
Strong computer literacy with special regards to Microsoft Excel.
Experience in leading, mentoring, or coaching teams is highly desirable for certain roles within this function.
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.
What we can offer you
Employer paid Defined Contribution Pension Plan contribution of 6% of employee’s pensionable earnings (PPE Program)
Employer paid Private Medical Care Package for employees and Private Medical Care Packages for certain family members available at preferential rates
Employer paid Life Insurance Program for employees and Life Insurance for certain family members available at preferential rates
Employee Assistance Program financed by Employer
Paid Parental Leave Program (maternity and paternity leave; statutory and 2 weeks additional paid paternity leave)
Sport Card for employees subsidised via Social Benefits Fund and Sport Cards for certain family members available at preferential rates
Additional benefits from Company’s Social Benefit Fund, in particular: Holidays Allowance, support for sport and cultural activities, team building events.
Additional day off for volunteering
Cafeteria/ flex benefit – a company benefits system which enables employees to select and purchase benefits offered by a provider and available for employees on the platform.
Opportunity to receive an annual discretionary incentive award
Special offers and discounts for employees
Copy and paste the URL below into a new tab on your web browser to view the Remuneration Regulations extract:
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.
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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.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi’s EEO Policy Statement and the Know Your Rights poster.
Citi runs banking, investment and payment services for companies, governments and individuals around the world. Its global network connects institutions with local banking systems, while its US consumer business sells credit cards and deposit accounts. Corporate clients use Citi to manage cash, finance trade and raise capital, and investors use its trading, custody and wealth services to hold and manage assets. The bank earns interest on loans and fees from payments, securities transactions, financial advice and account services. Citi traces its banking roots to 1812; the Citigroup holding company was formed in 1998, and its headquarters are in New York City.
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