Citi EMEA

Valuation Control Senior Analyst - GSP

Recruiter
Citi EMEA
Location
Budapest, Hungary/Hybrid
Salary
Not disclosed
Posted
16 Apr 2024
Closes
24 Apr 2024
Ref
24733856
Approved employers
Approved employer
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

Join our expanding Citi Finance Team in Budapest and make your own progress in a supportive and friendly environment!

We are a people-oriented organization that appreciates and promotes personal and professional aspirations. Our corporate culture is empathic: we acknowledge life-work balance throughout your career path.

By joining Citi, you will become part of a global organization whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Valuation Control Senior Analyst – Global Spread Products (GSP)

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 Global Spread Products businesses within Citi’s Institutional Clients Group.

What you’ll do:

  • Perform Independent Price Verification (IPV), calculate and/or verify Valuation Adjustments, and perform Fair Value Levelling
  • Identify and resolve pricing issues, control deficiencies, backup coverage gaps, and process documentation deficiencies
  • Act as a reviewer and first point of escalation
  • Efficiently allocate resources to project work and end-user process enhancements
  • Complete internal and external reporting related tasks
  • Work with Front Office and other stakeholders to ensure proper resolution of any valuation issues
  • Identify and resolve pricing issues, backup coverage gaps, control or process documentation deficiencies
  • Effectively interact with senior stakeholders and lead valuation meetings with various business functions

What we’ll need from you:

  • degree in economics, finance, mathematics, or a similar relevant discipline
  • 6+ 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)
  • proficient Microsoft Excel user - VBA and Python knowledge is an advantage
  • excellent English communication skills
  • control-focused mind-set, stakeholder management skills, process improvement capabilities

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
  • opportunity for participation in wide range of professional trainings (ACCA, CFA, FRM)
  • exposure to a number of different capital market products
  • gaining in-depth understanding of pricing and price verification approaches, accounting standards relating to fair value reporting for derivatives, and the regulatory impact on valuation and pricing
  • 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.

Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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.

For further information, and to apply, please visit our website via the “Apply” button below.

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