Product Control Analyst

Posted:
11/10/2024, 4:00:00 PM

Location(s):
Budapest, Budapest, Hungary ⋅ Budapest, Hungary

Experience Level(s):
Junior ⋅ Mid Level

Field(s):
Product

Workplace Type:
Hybrid

Join our expanding Citi Finance Team 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.

Product Control Analyst

Product Control, the largest department in Finance, is primarily responsible for controlling daily profit and loss reporting, price verification and trading activity for the Institutional Clients Group. We work closely across functions on a daily basis (including the Trading desks, Risk Management, Operations, and other areas of Finance) and develop a deep understanding of the products traded, along with the associated market risks and accounting complexities.

As part of the team of diverse and supportive professionals, the main tasks are concerned with reporting and analysing the daily P&L. Candidate will work closely with all other areas of the Finance department, liaising with the trading desk, risk management, operations and middle office.

Responsibilities:

  • Be responsible for the end-to-end Product Control process, including daily P&L preparation and related activities: review and analyse new trades, associated risks and the P&L generated, also understand and analyse the P&L coming from market moves on the existing portfolio of trades.
  • Perform Independent Price Verification (IPV), calculate or validate Valuation Adjustments, and perform Fair Value Levelling (to classify the inventory in scope by observability of the external inputs used for price verification)
  • Work closely with various areas of the Finance department, liaising with the Trading Desk, Risk Management, Operations, Middle Office and IT teams

Ideal background:

  • At least 1-2 years of relevant professional experience
  • A university or college degree in Finance/Accounting is an advantage but not a must as we are open to other majors.
  • Good command of spoken and written English
  • Confident analytical and communication skills
  • Strong Microsoft Excel skills. (Training will be provided on other in-house and industry standard systems used in this position.)
  • Knowledge of or demonstrated interest in financial products is an advantage.

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:

  • Competitive compensation package with a wide range of benefits:
    • Cafeteria Program
    • Home Office Allowance - for colleagues working in hybrid work model
    • Paid Parental Leave Program - maternity leave 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 colleagues’ in managing work - life balance
  • Continuous career progression opportunities across geographies and business lines
  • Inclusive and friendly corporate culture
  • Socially active employee communities with diverse networking opportunities

Your journey and flexible career at Citi begins here – apply now!

------------------------------------------------------

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