Valuation Control Group Manager
1,681,056 – 2,818,560 Ft / month
Employer · Citigroup
Finance manager
Financial analyst
Appraiser, loss adjusterFlexibleFull-timeBudapest
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. We are seeking an outstanding and highly motivated candidate to work within the Valuation Control Group as a Valuation Control Group Manager.
Tasks
- 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.
- Regulatory & Audit Remediation: Ensure timely remediation of regulatory matters requiring attention, audit findings, and associated reporting demands.
- 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.
- Project Leadership: Take a leading role in global, cross-functional projects.
- People Management & Leadership: Demonstrate leadership, accountability, and act as a business partner.
- Control and Governance Framework: Enhance and effectively manage the VCG control and governance framework.
Conditions & benefits
Cafeteria ProgramHome Office AllowanceFor colleagues working in hybrid work modelsPaid Parental Leave ProgramMaternity and paternity leavePrivate Medical Care ProgramPrivate Medical Care Program and onsite medical rooms at our officesPension Plan ContributionContribution to voluntary pension fundGroup Life InsuranceEmployee Assistance Program
Requirements
- 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.
- Good command of spoken and written English
- 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.
- Exceptional analytical, critical thinking, and problem-solving abilities.
- Strong communication skills, both written and oral.
- Excellent people management skills.