BuffaloRecruiter Since 2001
the smart solution for Buffalo jobs

Valuations Control Lead Analyst - Product Control Group (Buffalo, NY)

Company: Citibank
Location: Buffalo
Posted on: July 14, 2019

Job Description:

Valuations Control Lead Analyst - Product Control Group (Buffalo, NY)-******** Description About Citi: Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. Citi's Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients' and the public's trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities. Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all. Job Description: Valuation Control Group (VCG) is an independent group of subject matter experts within Product Control, Finance Division. VCG is organized along business lines and clients of the group include Desk Heads, Line Product Control, Market Risk, Model Validation, 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 policy. The role is part of the VCG team based in Buffalo, NY. VCG's primary responsibility is to reasonably ensure that risk portfolios are fairly valued in accordance with applicable standards and regulatory requirements. VCG works with trading and quantitative groups to fully understand the impact of valuation uncertainty on the desk's pricing and any accompanying fair value adjustments. It also participates in the approval of new products. In addition to the valuation oversight, the role will focus on regulatory reporting requirements and internal and regulatory policy compliance for valuation and reporting. This role will be a part of a team that enhances VCG regulatory oversight, in line with heightened expectations from global regulators and internal and external auditors. This role will cover valuation control of businesses that may include securitized debt products and derivatives, and will require strong communication skills and teamwork across multiple locations and departments. Responsibilities: - Oversee a team of analysts to perform valuation control for the covered business, including independent price verification, validation of valuation model inputs, reporting, and analysis - Manage the team and own the processes in all aspects of valuation control of the business, including validation of market data inputs, reporting and analysis - Prepare monthly and quarterly reporting and analysis for derivative balances - Identify pricing issues, valuation parameters, or instrument types that require evaluation, with critical analysis of the valuation issues involved - Act as a business partner to the Business, Risk, Compliance, and Finance - Ensure compliance with firm-wide policy and guidelines / procedures for valuation adjustments and price-testing across the business; enhance process improvements with particular attention to the design of control - Perform reserve calculations to ensure trade/portfolio valuation is reported in accordance with US GAAP and Bank policy - Complete documentation to evidence validation is performed consistently within guidelines / procedures for valuation adjustments and price-testing across the business - Act as the first point of contact with Houston team and coach direct reports in the processes and professional growth - Liaise with line controllers to ensure communication of pricing issues for consistent reporting and monitoring in daily P & L validation and Profit Attribution Analysis Qualifications - Bachelor's degree in finance, economics or quantitative-related subject. - 5-10 years of professional experience in Finance or related quantitative field - Excellent communication skills, both verbal and written. - Ability to manage multiple tasks and work effectively under pressure in a rapidly changing environment. - Strong analytical and problem solving skills. - Motivated, organized, and team oriented. - Excellent communication skills, both verbal and written. - Product knowledge and knowledge of regulations as they pertain to valuation control are not required but are a plus. - A proven track record of leading teams. - A control focused mind-set with strong process improvement capabilities. EEO Statement: Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity Pay Transparency: Citi won't discriminate against anyone for discussing pay, but those with access to pay data in their work can't disclose it unless responding to complaints/investigations or legal requirements.

Keywords: Citibank, Buffalo , Valuations Control Lead Analyst - Product Control Group (Buffalo, NY), Accounting, Auditing , Buffalo, New York

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Other Accounting, Auditing Jobs


Get Cash, Be Your Own Boss w/ Network 1!
Description: Get CASH, Be Your Own--BOSSUNBELIEVABLE--LEASE PURCHASE PROGRAM Lease Purchase BenefitsNO CREDIT
Company: Network 1 Logistics LLC
Location: Erie
Posted on: 07/16/2019

First Year Tax Professional
Description: br Do you have a passion for helping people and solving problems Are you constantly seeking knowledge and interested in a career where you'll work hard during tax season, and have the remainder of (more...)
Company: H&R BLOCK
Location: Rochester
Posted on: 07/17/2019

First Year Tax Professional
Description: br Do you have a passion for helping people and solving problems Are you constantly seeking knowledge and interested in a career where you'll work hard during tax season, and have the remainder of (more...)
Company: H&R BLOCK
Location: Buffalo
Posted on: 07/17/2019


Tax Manager (with Partner Potential)
Description: Dansa D'Arata Soucia LLP is a leading regional public accounting firm, located in the heart of downtown Buffalo, NY. Our firm is known for providing exceptional service to our clientele who are diverse (more...)
Company: Dansa D'Arata Soucia LLP
Location: Buffalo
Posted on: 07/16/2019

Tax Professional
Description: br Tax Professional br Seeking experienced seasonal Tax Preparers eager to serve clients with diverse tax needs, generate business growth, and advance their tax knowledge. br We offer competitive (more...)
Company: H&R BLOCK
Location: Erie
Posted on: 07/17/2019

Bid Analyst, Schools/Commodities (Foodservice Div)
Description: Rich's has been able to pull off something rare in the business world: a culture that successfully blends the latest business practices with family values. That means our associates are able to work for (more...)
Company: Rich Products Corporation
Location: Buffalo
Posted on: 07/14/2019

Front Desk/Billing
Description: Job Description Miller Brother Staffing
Company: Miller Brother Staffing Erie
Location: Erie
Posted on: 07/16/2019

Application Architecture Lead
Description: Overview: Manages the activities of several Technology Managers and or Team Leaders. Responsible for the budget of cost center s spanning concurrent development streams. Provides long and short-term (more...)
Company: M&T Bank
Location: Buffalo
Posted on: 07/16/2019

Operational Accounting Associate II
Description: Overview: Reconciliation of assigned GL accounts and DDAs timely and accurately. Identify out of balance conditions, fraud, and unusual or aged items in assigned accounts and escalate per procedures. (more...)
Company: M&T Bank
Location: Buffalo
Posted on: 07/16/2019

Experienced Tax Advisor - Block Advisors
Description: br Experienced Tax Advisor - Block Advisors Seeking growth oriented, experienced Tax Preparers/Advisors to join our network of professionals, serving clients with diverse tax and business services (more...)
Company: H&R BLOCK
Location: Rochester
Posted on: 07/17/2019

Log In or Create An Account

Get the latest New York jobs by following @recnetNY on Twitter!

Buffalo RSS job feeds