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Valuation Control Senior Analyst. Are you looking for a career move that will put you at the heart of a leading financial institution? Then bring your finance and accounting skills to Citi’s Valuation Control Group. By joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. The Valuation Control Group (VCG) is an independent global group within Product Control responsible for reviewing and reporting fair value inventory and IPV across all asset classes. VCG is organized along business lines and clients of the group include Business Heads, Line Product Control, Market Risk, Model Risk, Compliance, Legal Department, Middle Office, Internal Audit, external audit firms and the regulatory bodies in countries impacted by Citi’s footprint. VCG collaborates closely with its client base to ensure complete understanding of business valuation issues and accurate execution of valuation control policy. The successful candidate will work the Non-Markets Valuation Control team and will be expected to have hands-on involvement to ensure the completeness, accuracy and integrity of the bank's books and records. Non-Markets covers Citi business units in Banking, Services, Wealth, U.S. Consumer Cards and All Other (Corporate Treasury and Legacy Franchises).
Job Responsibility:
Responsible for working across Product Control, Risk and Operations and Business to perform IPV
Support review of valuation control related production, such as Independent Price Verification, Valuation Adjustments and Fair Value Hierarchy results
Work to ensure a high level of accuracy across all reported numbers, high quality of pertaining commentaries, and adequate legal entity focus
Acts as Subject Matter Expert (SME) to senior stakeholders and /or other team members
Working as subject matter expert in all strategic initiatives related to Non-Markets processes i.e. Independent Price Verification, Valuation Adjustment automation, Fair Value hierarchy automation
Resolve complex problems/issues independently, where expertise is required to interpret policies, guidelines or processes
Relationship management and development across other peers within VCG to ensure consistency of processes and controls
Coordinate technology related initiatives for Non-Markets and ensure team awareness of the changes
Requirements:
Minimum 4-8 years of relevant professional experience
General understanding of securities and derivative valuation methodologies
Advanced Excel skills
Strong analytical skills: High volume data analysis background would be a plus
Quantitative background/experience would be a great asset
Proficiency in any of these would be an advantage: VBA, SQL, Data management software, Python
Strong communication, influencing, presentation and leadership skills with experience of presenting to large audiences with multiple participants
Has the ability to operate with a limited level of direct supervision
A bachelor’s or master’s degree in any finance, economics, or quantitative related subject
Nice to have:
High volume data analysis background would be a plus
Quantitative background/experience would be a great asset
Proficiency in any of these would be an advantage: VBA, SQL, Data management software, Python
What we offer:
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