Valuation Control Analyst – Commodities

  • Company:
    Citigroup
  • Location:
  • Salary:
    negotiable / month
  • Job type:
    Full-Time
  • Posted:
    1 month ago
  • Category:

Job Purpose / Munkakör célja: The role is part of the Valuation Control Group (VCG) team in Budapest. VCG’s primary responsibility is to reasonably ensure that risk portfolios are fairly valued in accordance with applicable standards and regulatory requirements. VCG works with trading and quantitative groups to fully understand the impact of valuation uncertainty on the desk’s level of pricing and any accompanying fair value adjustments. The team also participates in the approval of new products, where appropriate. Job Background / A munkakör háttere: The Valuation Control Group (VCG) is an independent group of subject matter experts in Product Control within the Finance Division. VCG is organized along business lines and clients of the group include Desk Heads, Line Product Control, Market Risk, Model Validation, Compliance, Legal Department, Middle Office, Internal Audit, external audit firms, and 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 policies. Key Responsibilities / Felelősségi és tevékenységi körök: Performing valuation control processes for various Commodities businesses within Citi’s Institutional Clients Group, including Independent Price Verification (IPV), Valuation Adjustment calculations/reviews, Fair Value Levelling, as well as pertaining reporting and analysis Addressing valuation issues across a wide range of products (vanilla and complex) Ensuring particular attention is given to the design of controls Completing additionally any other tasks in connection with the role but not detailed in the current job description, charged by the direct manager, supervisor , or the functional head. Development Value / Fejlődési lehetőségek: Exposure to a number of different cash and derivative products In-depth understanding of pricing and price verification approaches for various products Understanding accounting standards relating to fair value reporting for derivatives Understanding the regulatory impact on valuation and pricing Developing a control focused mind-set with strong process improvement capabilities Knowledge and Experience / Elvárt tudás és gyakorlat: Knowledge of, experience with, or a demonstrated interested in capital markets products (Equities, Bonds, Commodities, FX, Options, Swaps, Futures, Forwards) Strong computer literacy, with special regards to Microsoft Excel Knowledge of Microsoft Access, VBA, SQL, or Python is a plus Exceptional candidates may be considered for the role without all requirements being met Skills / Képességek: Ability to apply theoretical knowledge in a practical environment Ability to interpret and analyse large-volume and at times complex information Strong verbal and written communication skills Attention to detail and control-focused mindset Good time management skills Fluency in English Qualifications / Végzettség, képesítés: University or College degree in economics, finance, mathematics, or a similar relevant discipline Competencies / Kompetenciák: Desire and ability to learn and develop continuously Excellent interpersonal skills Ability to meet tight reporting and project deadlines under pressure ————————————————- Job Family Group: Finance ————————————————- Job Family: Product Control —————————————————— Time Type: Full time —————————————————— 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 . View the ” EEO is the Law ” poster. View the EEO is the Law Supplement . View the EEO Policy Statement . View the Pay Transparency Posting

Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.