Valuation Control Group Manager

ACCA Careers; Warszawa; On-site; PLN 341,000 - 581,000; Full time

Benefits offered by this job

Defined Contribution Pension (6%)

Private Medical Care

Life Insurance

Employee Assistance Program

Parental Leave

Sport Card

Social Benefit Fund Holidays Allowance

Volunteer Day Off

Cafeteria / Flex Benefit

Annual Incentive

Job summary

Citi in Poland (Warsaw) invites an experienced Manager to join the Valuation Control Group and supervise valuation control for key portfolios. You will oversee data validation, reporting, and the development of robust valuation methodologies within a hands‑on team.

The role requires deep knowledge of financial instruments and valuation methods, strong leadership, and the ability to partner with Business, Risk, Compliance and Finance to drive governance improvements and risk controls across the

Qualifications

• Bachelor's or Master's degree in finance, economics, or quantitative field.
• 10+ years in valuation, risk, or product control.
• Strong knowledge of accounting and regulatory developments for financial instruments.
• In-depth knowledge of financial instruments and valuation methods, incl. derivatives.
• Excellent analytical, problem-solving, and stakeholder communication skills.

Responsibilities

• Valuation control oversight across the business, including validation of market data inputs, reporting, and analysis.
• Develop and implement methodologies and procedures for valuation adjustments and price testing across the business.
• Ensure timely remediation of regulatory matters and audit findings related to valuation control.
• Develop appropriate control framework to ensure compliance with Policies and Standards.
• Escalate discrepancies and price variance breaches as first point of escalation.
• Identify pricing issues and valuation parameters requiring attention; perform thorough analysis.
• Lead global, cross-functional valuation control projects.
• Demonstrate leadership and partner with Business, Risk, Compliance, and Finance teams.
• Provide people management and development for teams; mentoring/coaching experience useful.
• Enhance and manage the VCG control and governance framework for the team.

Skills

Valuation control

Regulatory knowledge

Leadership

Communication

Analytical thinking

Project leadership

Stakeholder management

Financial instruments

Education

Bachelor's or Master's in finance/economics/quantitative

Job description

The Valuation Control Group (VCG) is an independent team of subject matter experts within the Finance Division. VCG's primary responsibility is to reasonably ensure that risk portfolios are fairly valued in accordance with applicable standards and regulatory requirements.

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 regulatory bodies across Citi's footprint. VCG collaborates closely with its client base to ensure a complete understanding of business valuation issues and accurate execution of valuation control policy.

We are seeking an outstanding and highly motivated candidate to work within the Valuation Control Group as a Valuation Control Group Manager. This candidate will supervise certain businesses from a valuation perspective or other specialised VCG teams. Due to the hands‑on nature of the teams, the candidate will be expected to have direct involvement.

What You'll Do

• Valuation Control Oversight: Take responsibility for all aspects of valuation control of the business, including validation of market data inputs, reporting, and analysis.
• Methodology Development: Produce and implement methodologies and procedures for valuation adjustments and price testing across the business, with particular attention to the design of controls.
• Regulatory & Audit Remediation: Ensure timely remediation of regulatory matters requiring attention, audit findings, and associated reporting demands related to the area of responsibility.
• Control Framework Development: Develop appropriate controls to effectively ensure compliance with Policies and Standards pertaining to Valuation Control.
• Escalation Management: Act as the first point of escalation for any discrepancies and price variance breaches.
• Pricing Issue Identification: Identify pricing issues, valuation parameters, or instrument types that may require particular attention, performing critical analysis of the valuation issues involved.
• Project Leadership: Take a leading role in global, cross‑functional projects.
• People Management & Leadership:
  • Demonstrate leadership and accountability.
  • Act as a business partner to Business, Risk, Compliance, and Finance teams.
• Control and Governance Framework: Enhance and effectively manage the VCG control and governance framework associated with the given VCG team in scope.

What We'll Need From You

• A Bachelor's degree or Master's degree in any finance, economics, or quantitative-related subject is required.
• 10+ years of proven experience in a valuation, risk, or product control related discipline.
• Strong understanding of current global accounting and regulatory developments pertaining to the valuation of financial instruments.
• In‑depth knowledge of a broad range of financial instruments, market dynamics, and valuation methodologies, including an understanding of cash and derivative valuation methodologies in at least one Asset class, with a focus on complex/exotic derivatives.
• Exceptional analytical, critical thinking, and problem‑solving abilities, with a proven track record of resolving complex valuation issues independently.
• Ability to understand complex concepts and effectively challenge peers in Finance, Risk, and the Business.
• Strong communication skills, both written and oral, with the ability to articulate complex financial concepts and valuation results effectively to both technical and non‑technical audiences, including senior management.
• Proven ability to work with other stakeholders in driving change and influencing individuals outside of core management hierarchy.
• Excellent people management skills, with the ability to train and develop a team.
• Experience in leading, mentoring, or coaching teams is highly desirable.

What We Can Offer You

• Employer paid Defined Contribution Pension Plan contribution of 6% of employee’s pensionable earnings (PPE Program)
• Employer paid Private Medical Care Package for employees and Private Medical Care Packages for certain family members available at preferential rates
• Employer paid Life Insurance Program for employees and Life Insurance for certain family members available at preferential rates
• Employee Assistance Program financed by Employer
• Paid Parental Leave Program (maternity and paternity leave; statutory and 2 weeks additional paid paternity leave)
• Sport Card for employees subsidised via Social Benefits Fund and Sport Cards for certain family members available at preferential rates
• Additional benefits from Company’s Social Benefit Fund, in particular: Holidays Allowance, support for sport and cultural activities, team building events.
• Additional day off for volunteering
• Cafeteria/ flex benefit – a company benefits system which enables employees to select and purchase benefits offered by a provider and available for employees on the platform.
• Opportunity to receive an annual discretionary incentive award
• Special offers and discounts for employees
• Copy and paste the URL below into a new tab on your web browser to view the Remuneration Regulations extract:
• https://tbcdn.talentbrew.com/company/287/cms/v3/docs/policies/RemunerationRegulations-KeyProvisions-CitibankEurope_plc_05012025_A.pdf

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.

Primary Location Full Time Salary Range: zł340,990.00 - zł580,610.00

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.

Automated Processing and AI

We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.

Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.

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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This job opening is for an existing job vacancy.