VP, Valuation Policy Subject Matter Expert

IIBA (International Institute of Business Analysis); New York (NY); On-site; USD 129,000 - 195,000; Full time

Job summary

A premier institution in business analysis is hiring a Valuation Control Lead Analyst in New York. This senior role requires expertise in valuation processes, risk management, and regulatory compliance. The candidate will engage deeply in independent valuation controls, contributing to both strategic initiatives and daily operations.

Benefits

Medical, dental & vision coverage

401(k) retirement plan

Paid time off packages

Qualifications

• 6-10 years of relevant experience in valuation, risk or product control.
• Strong understanding of global accounting and regulatory standards.

Responsibilities

• Lead efforts in Independent Price Verification and Valuation Adjustment processes.
• Ensure compliance with US and International regulatory obligations.

Skills

Clear communication

Independence of judgment

Adaptability

Valuation control practices

Leadership

Education

Bachelor's degree

Master's Degree preferred

Job description

The Valuation Control Lead Analyst is a senior level position responsible for leading efforts in theIndependent Price Verification, Valuation Adjustment and Fair Value Hierarchy processes.

Responsibilities include:

• Develop and maintain in-depth knowledge of Valuation Control industry trends
• Contribute to the directional strategy of the Valuation Control function, anticipating the impact to daily work and the business
• Evaluate and resolve complex valuation issues and select the best action by weighing various alternatives and balancing potentially conflicting needs
• Can exercise independence of judgement and significant autonomy.
• Begin developing mastery of knowledge of product valuation, industry practices and standards
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

• 6-10 years of relevant experience
• Consistently demonstrates clear and concise written and verbal communication

Education:

• Bachelor's degree/University degree or equivalent experience
• Masters Degree preferred

Job Description:

We are seeking an outstanding candidate to join the Valuation Policy team within the Valuation Control Group (VCG) for Citi, reporting into the Global Head of Valuation Policy.

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.

The key responsibilities of the group are to perform the independent price verification for traded inventory, calculate valuation adjustments, ensure appropriate valuation governance, and conduct new trade reviews.

The Methodology and International team is a specialised function within VCG and one which is crucial and highly influential, and key to our strategic success. The responsibilities of the team are to:

• Ensure Citi has the most appropriate and complete valuation control framework across all areas of price verification, valuation adjustments and wider valuation governance. This includes all aspects of overarching Policy, Standards, Procedures and Methodologies, covering both accounting and regulatory requirements.
• Lead the department in its US and International regulatory engagements and exams, as well as managing external and internal audits, and any remediation efforts.
• Ensure there is strong oversight of valuation controls across all International legal entities, along with the associated regulatory responsibilities, working in close partnership with local controllers and our wider legal entity stakeholders.

The individual will be responsible for delivering valuation projects to address regulatory findings from Citi's regulators, responding to new and emerging valuation practices and contributing to VCG's delivery of strategic group-wide transformation initiatives.

Development Value:

This is a great opportunity for a Finance professional to grow their career, a key role requiring regular interaction with internal and external stakeholders, allowing for significant networking, advisory and partnership opportunities.

Key Responsibilities:

Policy

• Defining and implementing control procedures to ensure VCG complies with US and International regulatory obligations and relevant accounting standards.

Cross-Asset Methodology

• Developing cross-asset valuation methodologies/models and responding to new and emerging valuation practices.

Control

• Ensuring VCG's compliance with critical firmwide policies, including model risk management policy and associated controls.

Governance

• This individual must be able to understand how to implement strong and effective governance.

Flexibility & Adaptability:

• The priorities of this individual will be set by Global Head of Valuation Policy, which may include regulatory obligations, so there will be crucial deadlines that will need to be achieved.
• Adaptability to changing circumstances is critical, as the prioritization of responsibilities will need to evolve with changing circumstances.

Knowledge/Experience:

• 6-10 years of relevant experience in a valuation, risk or product control related discipline.
• Understanding of current global accounting and regulatory standards and developments pertaining to valuation of financial instruments.
• Bachelor's degree/University degree or equivalent experience.
• Master's Degree preferred.

Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.

Skills:

Drives Value for Clients

• Trusted partner, drive innovation
• Anticipates, demonstrates understanding of expectations and needs

Work as a Partner

• Works collaboratively across the organization
• Treats people with respect

Champions Progress

• Pushes for culture of high standards
• Assists in executing the vision set forth by Senior Management and is responsive to changes in environment

Lives Citi Values

• Sets the standards for the highest integrity in every decision
• Has the courage to always do what is right and the humility to learn from mistakes

Delivers Results

• Exercises independence of judgement and significant autonomy
• Sets high standards and achieves performance objectives
• Prioritizes and provides clear line of sight to most critical work

Product Technical Knowledge

• Good understanding of industry valuation control practices for different products

Control Mind-set

• Demonstrates a strong leadership and focus on control. Ensuring integrity of reporting and independence of controls associated with a valuation control function

Strong Influencing and Presenting Skills

• Ability to communicate and deliver key messages to senior audience
• Consistently demonstrates clear and concise written communication

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Job Family Group:

Finance

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Job Family:

Valuation Control

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Time Type:

Full time

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Primary Location:

New York New York United States

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Primary Location Full Time Salary Range:

$129,840.00 - $194,760.00

In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Anticipated Posting Close Date:

May 26, 2025

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