Product Control, the largest department in Finance, is primarily responsible for controlling daily profit and loss reporting, price verification and trading activity for the Institutional Clients Group. We work closely across functions on a daily basis (including the Trading desks, Risk Management, Operations, and other areas of Finance) and develop a deep understanding of the products traded, along with the associated market risks and accounting complexities.
Product Control Senior Analyst
As part of the team of diverse and supportive professionals, the main tasks are concerned with reporting and analysing the daily P&L. Candidate will work closely with all other areas of the Finance department, liaising with the trading desk, risk management, operations and middle office.
Responsibilities:
- Be responsible for the end-to-end Product Control process, including daily P&L preparation and related activities: review and analyse new trades, associated risks and the P&L generated, also understand and analyse the P&L coming from market moves on the existing portfolio of trades.
- Perform Independent Price Verification (IPV), calculate or validate Valuation Adjustments, and perform Fair Value Levelling (to classify the inventory in scope by observability of the external inputs used for price verification)
- Work closely with various areas of the Finance department, liaising with the Trading Desk, Risk Management, Operations, Middle Office and IT teams
- Support standardization efforts and work on strategic as well as ad-hoc projects to improve Citi’s Product Control system infrastructure and to implement process improvement ideas
Ideal background:
- At least 3 years of relevant professional experience
- A university or college degree in Finance/Accounting is an advantage but not a must as we are open to other majors.
- Good command of spoken and written English
- Confident analytical and communication skills
- Controls focused mind-set
- Strong Microsoft Excel skills. (Training will be provided on other in-house and industry standard systems used in this position.)
- Knowledge of or demonstrated interest in financial products is an advantage.
We are a development-focused organization. The above qualifications and skills are considered as primary assets for the position – but we do not pursue perfectionism: we look for capable colleagues and help them grow to excellence in their fields and positions.
Benefits:
By joining Citi Hungary, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days per week working from home), but also receive a competitive compensation package and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well:
- Cafeteria Program
- Home Office Allowance (for colleagues working in hybrid work models)
- Paid Parental Leave Program (maternity and paternity leave)
- Private Medical Care Program and onsite medical rooms at our offices
- Pension Plan Contribution to voluntary pension fund
- Group Life Insurance
- Employee Assistance Program
- Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed
- Flexible work arrangements to support you in managing work-life balance
- Career progression opportunities across geographies and business lines
- Socially active employee communities with diverse networking opportunities
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:
Product Control------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Most Relevant Skills
Accounting Processes and Financial Controls, Assessment, Constructive Debate, Financial Accounting, Financial Reporting, Management Reporting, Policy and Regulation, Portfolio Analysis, Product Knowledge, Risk Management.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
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