Valuation Control Lead Analyst
Citi · Budapest, Hungary · 1mo ago
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.
The Valuation Control Lead Analyst is a senior level position responsible for leading efforts in the Independent Price Verification, Valuation Adjustment and Fair Value Hierarchy processes.
Responsibilities:
- Be one of the senior members in the Valuation Control Team in Budapest with responsibility for Prudential Valuation, Independent Price Verification, Valuation Adjustments, Fair Value Levelling, as well as various analytical and project work.
- Ensure timely remediation of regulatory matters requiring attention, audit findings and reporting demands associated with the area of responsibility.
- Identify valuation parameters or instrument types that may require particular attention with critical analysis of valuation issues involved.
- Demonstrate experience of process automations in the area of derivatives valuations and take a leading role in global, cross-functional projects.
- Develop in-depth knowledge of the bank's analytics, platforms, systems infrastructure in order to provide strategic solutions to VCG's automation requirements.
- Contribute to the directional strategy of the Valuation Control function, anticipating the impact to internal and external stakeholders.
Ideal background:
- 6-10 years of relevant experience in Finance (preferably in Valuations, Product Control, Risk, Financial Control, or similar functions)
- Consistently demonstrates clear and concise written and verbal communication
- Can exercise independence of judgement and significant autonomy
- Good command of spoken and written English
- Solid capital markets product knowledge
- University or College degree in economics, finance, mathematics, or a similar relevant discipline
- Strong computer literacy with special regards to Microsoft Excel (VBA and Python being a plus)
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.
Benefits
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
- An incredible platform to work on range of projects leveraging product & valuation knowledge along with data tools including KNIME, Power BI, Tableau and Python
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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Job Family Group:
Finance------------------------------------------------------
Job Family:
Valuation Control------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location Full Time Salary Range:
17 157 800,00 Ft - 28 767 800,00 Ft------------------------------------------------------
Most Relevant Skills
Controls Design, Data Analysis, Digital Skills (Including AI), Domain Expertise, Issue Management, Management Reporting, Planning and Organizing, Risk Identification and Assessment, Stakeholder Management, Technical Product Modeling.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
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