EMEA Equities Valuation Control Supervisor

Citi; London; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

An established industry player seeks a talented individual to join their Valuation Control Group in London. This role offers a unique opportunity to engage with multiple stakeholders and gain insights into the Equities and Hybrids markets. You will be responsible for ensuring fair value inventory across asset classes while leveraging data analytics tools. Enjoy a hybrid working model, competitive salary, and a generous benefits package, including extensive holiday allowance and private medical insurance. If you're passionate about financial markets and eager to drive performance improvements, this is the perfect opportunity for you.

Benefits

Generous holiday allowance

Discretional annual performance bonus

Private medical insurance

Employee Assistance Program

Pension Plan

Paid Parental Leave

Special discounts for employees

Access to learning resources

Qualifications

• Proven track record in valuation, risk or product control.
• Strong understanding of global accounting and regulatory developments.
• Experience with financial products and derivatives.

Responsibilities

• Review and report fair value inventory across asset classes.
• Conduct Independent Price Verification and Fair Value Adjustments.
• Manage external and internal audits and MI reporting.

Skills

Valuation Control

Risk Management

Data Analytics

Financial Products Knowledge

Team Collaboration

Education

Bachelor’s Degree in Finance

Master’s Degree in Economics

Tools

KNIME

Python

Tableau

VBA for Excel

Job description

The Role

The role requires close partnership with multiple stakeholders – trading, sales, Quants, business management, market risk, RWA (Risk Weighted Assets) and capital optimisation team, product control, legal entity controllers, IT, Internal and External Audit, regulatory bodies, data vendors, other asset classes counterparts, regional counterparts – spread across the globe.

The role will cover valuation control of the entire inventory held within the Equities and Hybrids business. And provides an excellent platform to learn Equity and Hybrids markets, meaning a one stop shop to learn all the asset classes. In addition, it provides exposure to learn and deliver on several fronts – cross-asset product and valuation knowledge, data science and automation, global projects, leadership and management and much more.

What you will be doing

The Valuation Control Group (VCG) is responsible for reviewing and reporting fair value inventory consistently across all asset classes. Main responsibilities include:

• IPV (Independent Price Verification)
• Fair Value Adjustments (Bid-Offer, Model, Trade Specific)
• FVH (fair value Hierarchy) Levelling
• Prudent Valuation
• Valuation Uncertainty
• New Trade/Product Approvals and New Model Approvals
• Over-hedge governance
• External, Internal and Regulatory Audits
• MI (Management Information) reporting
• A wide range of projects

What we need from you

• Proven track record of success within valuation, risk or product control related disciplines
• Strong understanding of current global accounting and regulatory developments pertaining to valuation of financial instruments
• Knowledge of financial products including derivatives including how different market regimes present Fair Value challenges such as severe market downturn during Covid
• Interest in the financial markets and the corresponding regulatory landscape
• Experience of using data analytics tools such as KNIME, Python, Tableau and VBA for Excel
• Keenly interested in the valuation of derivatives and strengthening risk and control framework
• A team player who embraces knowledge sharing within the team and helps to establish and maintain a high-performance culture in the team
• Actively seeks opportunities for improvement, automation, sources of new ideas and approaches leading to performance improvement
• Enjoys working with people and can influence, motivate and establish partnerships with stakeholders to drive progress
• Ability to work independently and resolve unstructured problems
• Bachelor’s or master’s degree in any finance, economics or quantitative related subject.

What we can offer you

• By joining Citi London, 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 base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:
• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure
• A discretional annual performance related bonus
• Private medical insurance packages to suit your personal circumstances
• Employee Assistance Program
• Pension Plan
• Paid Parental Leave
• Special discounts for employees, family, and friends
• Access to an array of learning and development resource

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-CO2

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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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