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.
Team/Role Overview
We are seeking an outstanding candidate to be part of the EMEA Equities Valuation Control team as Valuation Control Supervisor.
The candidate must have a strong understanding of current global accounting and regulatory developments pertaining to the valuation of financial instruments, along with a strong understanding of implementing/maintaining an effective control framework.
The role will cover valuation control of the entire inventory held within the EMEA Equities business and will require strong communication skills and teamwork across multiple locations and departments.
Due to the technical nature of the role and the high-volume nature of the business, it is important that the candidate demonstrates an aptitude to succeed in learning the technical aspects of Equities valuations, in order to pose a credible challenge to a growing business.
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 clients of the group 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 Responsibility
- 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 associated with the area of responsibility.
- 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 discretional 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.
#LI-JD7
------------------------------------------------------
Job Family Group:
Finance
------------------------------------------------------
Job Family:
Valuation Control
------------------------------------------------------
Time Type:
Full time
------------------------------------------------------
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.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi’s EEO Policy Statement and the Know Your Rights poster.
Citi Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Citi and has not been reviewed or approved by Citi.
-
Healthcare Strength — Benefits coverage is positioned as comprehensive, including health, dental, and vision insurance plus on-site clinics, prescription drug support, and disability coverage. Family-building support such as fertility assistance is described as a notable differentiator within the overall package.
-
Retirement Support — Retirement benefits are framed as strong, highlighted by a 401(k) with matching and additional plan options like a Roth 401(k). Financial support is reinforced through discounts and broader financial guidance resources tied to the benefits ecosystem.
-
Wellbeing & Lifestyle Benefits — Wellbeing support extends beyond insurance through programs like an Employee Assistance Program, counseling/legal resources, and gym or wellness reimbursement. These offerings increase the perceived total rewards value even when cash compensation sentiment varies by role.
Citi Insights
Similar Jobs
What We Do
Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. We have 200 years of experience helping our clients meet the world's toughest challenges and embrace its greatest opportunities. We are Citi, the global bank – an institution connecting millions of people across hundreds of countries and cities.
