Valuation Control Analyst – Rates

Posted:
11/14/2024, 4:00:00 PM

Location(s):
Budapest, Hungary

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Finance & Banking

Workplace Type:
Hybrid

Join our expanding Citi Finance Team in Budapest 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.

Valuation Control Analyst – Rates

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.

As part of the team of diverse and supportive professionals, the main tasks are concerned with performing valuation control processes for various Rates businesses within Citi’s Institutional Clients Group.

What you’ll do:

  • perform Independent Price Verification (IPV)
  • calculate and/or verify Valuation Adjustments
  • perform Fair Value Levelling for the inventory controlled
  • own or contribute to reporting related, analytical, or projects related tasks
  • work with Front Office and other stakeholders to ensure a complete understanding and proper resolution of any valuation issues
  • ensure particular attention is given to the design and execution of controls
  • identify pricing issues and control deficiencies that may require special attention with a critical analysis of the risks involved

What we’ll need from you:

  • university or College degree in economics, finance, mathematics, or a similar relevant discipline
  • 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 (VBA and Python being a plus)
  • strong verbal and written communication skills in English
  • attention to detail and control-focused mind-set
  • good time management skills

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.

 

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

 

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.

#LI-BV1

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Job Family Group:

Finance

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Job Family:

Product Control

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Time Type:

Full time

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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.

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