Valuation Control Senior Analyst

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.

By joining Citi, you will become part of a global organization whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Valuation Control Reporting - Senior Analyst

The role is part of the Valuation Control Group (VCG), an independent group of subject matter experts 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.

As part of the team of diverse and supportive professionals, the main tasks are concerned with ensuring 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.

What you'll do:

• Prepare and review the reporting of Fair Value Measurements, including Fair Value Hierarchy, Fair Value Levels and detailed roll forward schedules that reconcile the beginning and ending balances of Level 3 instruments.

• Ensure accurate reporting for external disclosures such 10-Q/K filings and standalone financial statements, as well as for internal reporting purposes.

• Actively liaise with VCG and Controller Asset Class Teams (Equities, Commodities, Credit, Rates, FXLM) to organize and communicate valuation results, and effectively collaborating with a range of senior stakeholders

• Act as a reviewer and first point of escalation for valuation control reporting, as well as policy and regulatory breaches

• Ensure a high level of accuracy across all reported numbers, high quality of pertaining commentaries and process documentation, and adequate legal entity focus

• Active participation in preparation of the Financial Statements for specific Legal Entities

• Streamline EUCs (End-User Computing Tools) and automating workflows, taking a critical approach towards existing processes, and helping build effective and well-controlled processes for new reporting requirements

What we'll need from you:

• 5-8 years of professional experience in a relevant field of Finance (for example Valuations, Risk, Product Control, Financial planning and analysis, Management Reporting)

• Strong data analysis, data mapping and reconciliation skills

• Advanced computer literacy, with special regards to Microsoft Excel

• Confident verbal and written communication skills in English

• A good understanding of capital markets is a strong plus – an interest in capital market is a requirement

• Attention to detail, control-focused mind-set, and a high level of proactiveness

• Good time management and stakeholder management skills

• Ability to critically assess and improve processes

• Solid financial product knowledge is a plus

• Strong financial accounting skills are a plus

Benefits:

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.

Job Family Group:

Finance

Job Family:

Valuation Control

Time Type:

Full time

Most Relevant Skills

Communication, Data Analysis, Digital Skills, Domain Expertise, Internal Controls, Planning and Organizing, Product Knowledge, Risk Management, Stakeholder Management, Technical Product Modeling.

Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

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 Citi's EEO Policy Statement and the Know Your Rights poster.

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