Valuation Control Analyst Valuation Control Analyst …

in Budapest, Budapest fovaros, Hungary
Permanent, Full time
Be the first to apply
in Budapest, Budapest fovaros, Hungary
Permanent, Full time
Be the first to apply
Valuation Control Analyst
  • Primary Location: Hungary,Budapest,Budapest
  • Education: Bachelor's Degree
  • Job Function: Finance
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 19028674


Job Purpose:

The role is part of the Valuation Control Group (VCG) team in Budapest.
VCG's primary responsibility is to reasonably ensure 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.

Job Background:

The Valuation Control Group (VCG) is an independent group of subject matter experts in Product Control 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
Key Responsibilities:

• Performing valuation control processes across Credit businesses in EMEA and/or APAC, including price testing and valuation adjustment calculations, reporting and analysis
• Addressing valuation issues across a wide range of Credit products (vanilla and complex products)
• Designing and implementing valuation adjustments and price testing methodologies
• Ensuring particular attention is given to the design of controls
• Identifying pricing issues that may require special attention with a critical analysis of the risks involved
• Completing all tasks related to the organization's activity but not detailed in the job description, as charged by the manager, supervisor, or functional head

Development Value:

• Exposure to a number of different cash and derivative products
• In-depth understanding of pricing and price verification approaches for various derivative products
• Understanding accounting standards relating to fair value reporting for derivatives
• Understanding the regulatory impact on valuation and pricing
• Developing a control focused mind-set with strong process improvement capabilities


Knowledge and Experience :

• At least 2-3 years' experience in a relevant field of Finance (preferably Valuations, Risk, Product Control, or similar functions)
• A good understanding of capital markets is a strong plus
• Knowledge of or experience with Credit or other capital markets products (Equities, Bonds, Options, Swaps, Futures, Forwards) is a plus
• Strong computer literacy, with special regards to Microsoft Excel
• Knowledge of Microsoft Acces, VBA, or SQL is a plus
• Exceptional candidates may be sonsidered for the role even if not all requirements are met


• Ability to apply theoretical knowledge in a practical environment
• Ability to interpret and analyse large-volume and at times complex information
• Attention to detail and strong process improvement capabilities
• Strong verbal and written communication skills, with an ability to discuss and explain pricing concepts
• Attention to detail and control-focused mindset
• Good time management skills
• Fluency in English


• University or College degree in economics, finance, mathematics, or a similar relevant discipline


• Desire and ability to learn and develop continuously
• Excellent interpersonal skills
• Ability to meet tight reporting and project deadlines under pressure
• High level of proactiveness