Valuation Control Senior Group Manager - Design & Execution Lead | London, UK

Citi; London; Hybrid; GBP 80,000 - 130,000; Full time

Job summary

A leading company in finance is seeking a Director for the Design & Execution team within the Valuation Control Group. This influential role involves managing a global team, enhancing valuation processes, and fostering partnerships across technology and finance. Ideal candidates will have proven finance expertise, strong leadership capabilities, and an innovative mindset.

Benefits

Generous holiday allowance starting at 27 days

Discretional annual performance-related bonus

Private medical insurance packages

Employee Assistance Program

Pension Plan

Paid Parental Leave

Special discounts for employees, family and friends

Access to learning and development resources

Qualifications

• Proven Finance experience with Product Control and IPV.
• Experience leading change across multiple teams.
• Extensive people management experience.

Responsibilities

• Lead a global team to deliver the Derivatives Independent Price Verification workstream.
• Manage stakeholder engagement and project risks.
• Drive process improvements in the Valuation Control function.

Skills

Communication

Stakeholder Management

Data Analysis

Planning and Organizing

Risk Management

Education

Bachelor/Master's degree or equivalent

Job description

Valuation Control Senior Group Manager - Design & Execution Lead

Team/Role Overview

We are seeking an outstanding candidate for a Director position working in the Design & Execution (D&E) team within the Valuation Control Group (VCG) which is part of Finance Controllers organization. This role is critical and influential in helping shape and drive process and technology change across the group.
The Valuation Control Group (VCG) is a cornerstone of Citi Controllers. VCG is responsible for the independent valuation control of Citi's traded inventory, as well as other areas where fair value principles need to be applied, such as PRA/ECB Prudent Valuation requirements. The group is organized into global product aligned teams and specialised functions such as Reporting, Valuation Methodology & International, and Design & Execution (D&E).
The VCG Design & Execution team is primarily responsible for defining and implementing the Firm's vision of a best-in-class Valuation Control function.

What you'll do

• Leading a global team of 10+ individuals that will focus on delivering an extensive book of work across the Derivatives Independent Price Verification (IPV) workstream
• Partnering with Technology to deliver the right infrastructure tools and solutions aligned to both the Valuation Control vision and best in class Finance direction
• Appropriately assessing risks and issues related to the projects and ensuring timely and effective escalation
• Stakeholder management covering senior leaders within VCG, senior technology partners and internal and external auditors
• Creating ideas and insight of how the Valuation Control process can be improved, simplified and operate more effectively
• Manage the delivery of business requirements, user-acceptance testing and implementation for Valuation Control programmes, in line with Citi documentation standards

Excellent communication and influencing skills are vital. The candidate will need to draw on experience and will require the ability to clearly articulate principles and methodologies to a variety of audiences including senior internal stakeholders and to find creative solutions to issues as they arise. It is key that strong relationships are established and maintained in order to deliver the common vision and goal.
The role also involves working with the Senior Valuation Control Managers across all regions ensuring global consistency. The role will assist with leading innovation across the group and therefore the successful candidate must possess resilience, tenacity and have a desire and passion to succeed in a fast moving, dynamic and forward looking environment.

Champions Progress:

• Support change management design, development, delivery and management of communications
• Lead roll out changes with key stakeholders
• Act as point for leaders within Valuation Control, helping them fulfil the role of change sponsor

Works as a Partner:

• Working alongside the broader VCG team to design and implement a Best In Class Finance function
• Generate a strong partnership with Technology to deliver business tools and solutions to support Valuation Control function
• Acting as a partner across Finance and to the other key stakeholders (Business, Risk, Compliance, Technology, etc.) in relation to Valuation Control change initiatives
• Help manage stakeholder engagement by identifying and managing anticipated resistance and any obstacles

Deliver Results:

• Sets high standards and achieves performance objectives
• Prioritizes and provides clear line of sight to most critical work
• Sets clear goals and measures progress
• Expects self and team to consistently meet/exceed expectations

People Management and Leadership:

• Inspire colleagues to work collaboratively to support learning and achieve superior results; leverage diverse styles and backgrounds to expand thinking, speed learning and improve effectiveness.
• Consult and lead projects on delivery of vision

Control Framework:

• Ownership for process and systems improvements, incorporating key control alignment

What we'll need from you

• Proven Finance experience, ideally with broad Product Control and IPV experience
• Proven ability and experience of leading change across a number of different teams / stakeholders
• Experience in business analyst role for complex system implementation projects
• Knowledge of the software development lifecycle
• Extensive experience at senior levels within valuation or risk control departments, involved with technical valuation, regulatory/audit & governance issues
• Proven multi-discipline, cross-product knowledge
• Familiarity with advanced data tools (e.g. Python etc) may be an advantage
• Extensive people management experience

Skills:

• Strong planning & organisational skills
• Excellent analytical skills
• Excellent interpersonal skills, able to deal with a range of senior/junior staff across a number of disciplines
• Stakeholder management
• Self-motivated with the ability to make decisions in the absence of detailed information
• Confident ability to achieve objectives via working with and influencing others
• Excellent leadership and people management

Competencies

• Highly motivated with advanced analytical & problem solving abilities
• Ability to interpret & implement regulatory guidelines & professional standards
• Demonstrated ability to complete tasks within tight deadlines
• Enthusiastic team player
• Professional communication & interpersonal skills

Qualifications:

• Bachelor/Master's degree or equivalent

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, 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 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 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

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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.

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