EMEA Equities Valuation Control Group Manager, Senior Vice President

Citigroup Inc.; London; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A global financial institution in London is seeking a Valuation Control professional to supervise aspects of the Equities business within EMEA. The role involves managing valuation methodologies, regulatory compliance, and leading projects while working in a hybrid model. The ideal candidate should possess strong analytical, leadership, and communication skills along with relevant educational qualifications.

Benefits

Generous holiday allowance

Discretionary annual performance bonus

Private medical insurance

Pension Plan

Qualifications

• Experience in valuation, risk, or product control.
• Strong understanding of global accounting regulations.
• Ability to challenge peers and manage priorities.

Responsibilities

• Supervise valuation control of the Equities business in EMEA.
• Produce methodologies for valuation adjustments.
• Lead global projects in valuation control.

Skills

Analytical skills

Problem-solving

Communication

Leadership

Time management

Education

Bachelor’s or Master’s degree in finance, economics, or quantitative subject

Job description

Overview

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in analysis, problem solving and communication 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.

What you’ll do

The Valuation Control Group (VCG) is an independent global group within Product Control responsible for reviewing and reporting fair value inventory consistently across all asset classes.

VCG is organised along business lines and its clients 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 parts of the Equities business from a valuation perspective within EMEA. Due to the small size of the team, the candidate will be expected to have hands-on involvement.

Primary Responsibilities

• Responsibility for all aspects of valuation control of the business, including validation of market data inputs, reporting and analysis.
• Producing and implementing methodologies / procedures for valuation adjustments and price testing across the business, with particular attention to the design of controls.
• Ensuring timely remediation of regulatory matters requiring attention, audit findings and associated reporting demands.
• Development of appropriate controls to effectively ensure compliance with Policies and Standards pertaining to Valuation Control.
• Acting as first point of escalation with regards to any discrepancies and price variance breaches.
• Identifying pricing issues, valuation parameters or instrument types that may require particular attention with critical analysis of the valuation issues involved.
• Take a leading role in global, cross-functional projects.

People Management and Leadership

• Leadership and accountability for parts of EMEA Equities Valuations.
• Acting as a business partner to the Business, Risk, Compliance and Finance.
• Managing / developing offshore team.

Control Framework

• Enhancement and effective management of the VCG control and governance framework associated with the EMEA Equities Business.

What we’ll need from you

• Experience in a valuation, risk or product control related discipline.
• Strong understanding of current global accounting and regulatory developments pertaining to valuation of financial instruments.
• Ability to understand complex concepts and effectively challenge peers in Finance, Risk and the Business.
• Strong communication skills, both written and oral.
• Ability to manage time and work priorities efficiently and effectively.
• Ability to perform within a time pressurised environment.
• Understanding how to design and maintain a robust control framework.
• Understanding of cash and derivative valuation methodologies in at least one Asset class.
• Hands-on experience of implementing new or enhancing existing valuation methodologies.
• Working with other stakeholders in driving change.
• An understanding of accounting for fair-valued instruments, with a focus on complex / exotic derivatives.
• Excellent people management skills with the ability to train and develop a team.
• Ability to communicate effectively, both written and verbal.
• Hands-on. Have a good eye for detail, but also be able to communicate to seniors in a succinct/clear fashion.
• A proven track record of execution skills.
• Ability to work well in a teams (actual and matrix).
• Ability to influence individuals outside of core management hierarchy.
• Self-motivated and innovative.
• Ability to prioritise to ensure deadlines are met.
• Excellent interpersonal skills - able to deal with a range of senior/junior staff across a number of disciplines.
• A Bachelor’s degree or Master’s degree in any finance, economics or quantitative related subject required.

What we can offer you

We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.

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 discretionary annual performance related bonus
• Private medical insurance packages to suit your personal circumstances
• Employee Assistance Programme
• Pension Plan
• Paid Parental Leave
• Special discounts for employees, family, and friends
• Access to an array of learning and development resources

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 energised 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.

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