Finance, Product Control Lead Analyst, VP
- Recruiter
- Citi
- Location
- London, United Kingdom
- Salary
- Competitive
- Posted
- 03 Feb 2023
- Closes
- 09 Feb 2023
- Ref
- 18660162
- Job Function
- Banking
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
Job Background/context:
The Valuation Control Group (VCG) is an independent global group within Product Control responsible for reviewing and reporting fair value inventory consistently 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.
Key Responsibilities:
Primary Responsibility
The successful candidate will have the opportunity to play a leadership role within their Valuation Control team
Knowledge/Experience:
Skills:
Competencies
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
The Valuation Control Group (VCG) is an independent global group within Product Control responsible for reviewing and reporting fair value inventory consistently 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.
Key Responsibilities:
Primary Responsibility
- Responsibility for Digital Methodology support
- Identifying potential digital tool opportunities to enhance valuation control and consistency
- Ensuring timely remediation of regulatory matters requiring attention, audit findings and associated reporting demands associated with the area of responsibility
- Identifying pricing issues, valuation parameters or instrument types that may require particular attention with critical analysis of the valuation issues involved
- Ability to work across teams and silos, and to leverage existing relationships
- Lead, develop and propose solutions to complex technical challenges or control issues
- Active role as part of the broader regional and global product control team.
- Enhancement and effective management of the VCG control and governance framework
The successful candidate will have the opportunity to play a leadership role within their Valuation Control team
Knowledge/Experience:
- Extensive experience in a valuation, risk or product control related discipline
- Strong understanding of current global accounting and regulatory developments pertaining to valuation of financial instruments
- Ability to understand complex concepts and effectively challenge peers in Finance, Risk and the Business
- Strong communication skills, both written and oral
- Use of emerging digital tools including languages such as Python or R, and date visualisation tools.
Skills:
- Ability to manage time and work priorities efficiently and effectively
- Ability to perform within a time pressurized environment
- Understanding how to design and maintain a robust control framework
- Solid understanding or appreciation of derivative valuation methodologies in at least one Asset class. Cross asset class knowledge is preferred but in-depth knowledge is expected in at least one area.
- Solid understanding of cash and derivative markets for at least one asset class and an appreciation of risk-management and hedging practices in this space by sell-side firms. Knowledge of over-hedging techniques for derivatives is viewed favorably.
- Hands-on experience of implementing new or enhancing existing valuation methodologies. Working with other stakeholders in driving change.
- A strong understanding of accounting for fair-valued instruments, with a focus on complex / exotic derivatives
- Excellent people management skills with the ability to lead, train and develop a team
- Ability to communicate effectively, both written and verbal
- Hands-on. Must have a good eye for detail, but also be able to communicate to seniors in a succinct/clear fashion
- A Bachelor's or Master's degree in any finance, economics or quantitative related subject.
Competencies
- A proven track record of execution Leadership skills
- Ability to work well in a teams (actual and matrix)
- Ability to influence individuals outside of core management hierarchy
- Self-motivated and innovative
- Ability to prioritize to ensure deadlines are met
- Excellent interpersonal skills - able to deal with a range of senior/junior staff across a number of disciplines
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