Posted:
8/25/2024, 10:49:20 PM
Location(s):
Masovian Voivodeship, Poland
Experience Level(s):
Senior
Field(s):
Finance & Banking
Workplace Type:
Hybrid
Post location: Warsaw, Prosta 36
Are you looking for a career move that will put you at the heart of a leading financial institution? Then bring your experience in Valuation Control to Citi’s Finance Team. By joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
Team/Role Overview:
The Valuation Control Group (VCG) is an independent group within Global Finance, responsible for reviewing and reporting fair value inventory and Rates and Currencies positions 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
The successful candidate will supervise the FX (Foreign Exchange) and Local Markets Valuation Control team from a regional valuation perspective and will be expected to have hands-on involvement as well as supervisory responsibility.
What you'll do:
Responsible for working across Product Control, Risk and Operations and Business to perform IPV
Supervising a Team
Acting as a business Partner to the Business, Risk, Compliance and Finance
Developing and carrying out price testing for derivatives on FX and interest rates markets.
Developing valuation adjustments methodologies and performing relevant calculations
Compilation of data to produce detailed Valuation reports for Desk Heads, Controllers and Risk
Summarizing the valuation control results across the Business
Ensuring appropriate regulatory reporting on monthly basis
Coordinate globally and ensure consistent independent valuation methodologies are applied
Ensuring timely remediation of regulatory matters requiring attention, audit findings and associated reporting demands associated with the area of responsibility
Development of appropriate controls to effectively ensure compliance with Policies and Standards pertaining to valuation control
What we'll need from you:
5+ years of experience performing valuation related analysis on a wide array of asset types, particularly in the area of Derivatives.
Experience in managing/supervising a Team preferred
Strong leadership skills and accountability for the relevant asset class valuations
Comprehensive understanding of financial markets and valuation methodologies applicable to the pricing of liquid and illiquid investments
Understanding of current global accounting and regulatory developments pertaining to valuation of financial instruments
Understands complex valuation concepts
Proficient in MS Excel; Programming experience is a plus;
Willingness to learn technical/IT skills; Some experience in SQL/VBA would be a great advantage
Ability to comply with all required controls, governance and policies
Highly organized with program management skills
Education:
A Bachelor’s or Master’s degree in any finance, economics or quantitative related subject
What we can offer you:
By joining Citi Poland, you will not only be part of a business casual workplace with a hybrid working model (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:
Paid Parental Leave Program (maternity and paternity leave); A supportive workplace for professionals returning to the office from childcare leave
Award-winning pension plan, multisport, holiday allowance
Private Medical Care Program, Group Life Insurance
Consideration for annual discretionary bonus
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; Mentoring Programs
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.
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
#LI-DP1
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Job Family Group:
Finance------------------------------------------------------
Job Family:
Product Control------------------------------------------------------
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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Website: https://www.citigroup.com/
Headquarter Location: New York, New York, United States
Employee Count: 10001+
Year Founded: 1812
Last Funding Type: Post-IPO Equity
Industries: Banking ⋅ Credit Cards ⋅ Financial Services ⋅ Wealth Management