TonawandaRecruiter Since 2001
the smart solution for Tonawanda jobs

Valuation Control Analyst 2 - Product Control Group (Buffalo, NY)

Company: Citi
Location: Tonawanda
Posted on: January 1, 2020

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:

  • Perform and analyze price testing results and fair value adjustments for covered products and businesses.
  • Responsibility for all aspects of valuation control of the business, including validation of market data inputs, reporting and analysis.
  • Perform Fair Value Classification, Level 3 Roll-Forward analysis, and other controls such as Multiple Price Per Instrument and Multiple Fair Value Per CUSIP review in accordance with the Fair Value reporting control framework.
  • Produce and implement guidelines / procedures for valuation adjustments and price testing across the products and businesses, with particular attention to the design of control.
  • Act as a Business Partner to the Business, Risk, Compliance and Finance.
  • Act as the first point of escalation with regards to any discrepancies and breaches.
  • Identify pricing issues, valuation parameters or instrument types that may require particular attention with critical analysis of the valuation issues involved.
  • Assist in compilation of monthly regional Price Verification reports for covered products and businesses.
  • Actively participate in monthly Independent Price Verification meetings with the Front Office.
  • Handle regular and ad-hoc requests from global teams, regulatory reviews, e.g. Prudent Valuation Reporting.
  • Identify pricing issues that may require particular attention with critical analysis of all factor risks involved.
  • Strong leadership and accountability for covered product and business valuations.Qualifications
    • Bachelor's degree in finance, economics or quantitative-related subject.
    • 0+ years professional experience in Finance or relatable 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.
    • Basic product knowledge.
    • Basic knowledge of regulations as they pertain to valuation control.
    • A proven track record of working in teams.
    • A control focused mind-set with strong process improvement capabilities.
    • Proficient in Microsoft Excel and a good understanding of general database querying tools and valuation functions.-------------------------------------------------Grade :All Job Level - All Job FunctionsAll Job Level - All Job Functions - US------------------------------------------------------Time Type :------------------------------------------------------Citi is an equal opportunity and affirmative action employer.
      Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. 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 CLICK HERE.To view the "EEO is the Law" poster CLICK HERE. To view the EEO is the Law Supplement CLICK HERE.
      To view the EEO Policy Statement CLICK HERE.
      To view the Pay Transparency Posting CLICK HERE.

Keywords: Citi, Tonawanda , Valuation Control Analyst 2 - Product Control Group (Buffalo, NY), Professions , Tonawanda, New York

Click here to apply!

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

I'm looking for
in category

Other Professions Jobs

Class A Driver Jobs
Description: Class A Driver Jobs LIMITED TIME U.S. Xpress is offering NEW dedicated opportunity with AN EXTRA 12,000
Company: US Xpress
Location: Buffalo
Posted on: 01/28/2020

Employee Risk and Performance Metrics Analyst
Description: The Business Risk Analyst II is a developing professional role. Applies specialty area knowledge in monitoring, assessing, analyzing and/or evaluating processes and data. Identifies policy gaps and formulates (more...)
Company: Citigroup
Location: Buffalo
Posted on: 01/28/2020

Driver/Courier - P/T- West Amherst, NY req37962
Description: Rep, Route Service - P/T- West Amherst, New York - FRIDAYKnow that there are people behind the data. Patients and Physicians rely on our diagnostic testing, information and services to help them make (more...)
Company: Quest Diagnostics
Location: Buffalo
Posted on: 01/28/2020

Field Support Technician I - Printers, POS
Description: Take your career to the next level with eXcell. We offer jobs with Fortune 1000 companies nationwide AND invest in your career development through our generous, annual training contribution. Contract (more...)
Company: eXcell
Location: Buffalo
Posted on: 01/28/2020

CDL-A Owner Operator Truck Driver
Description: CDL-A OWNER OPERATOR TRUCK DRIVER JOBSOwner Operators: Build your business with an industry leader At USA Truck, CDL-A Owner Operator truck drivers can count on outstanding support, plenty of freight (more...)
Company: USA Truck
Location: Buffalo
Posted on: 01/28/2020

Freight Broker Agent - Experience Required
Description: Posted on 01/22/20 Ref: NY-Buffalo Freight Broker Agent Experience Required Logistic Dynamics Inc, or simply 'LDI', is an asset-based 3PL with an agent-based model. Our sales force consists of independent (more...)
Company: Logistic Dynamics Inc.
Location: Buffalo
Posted on: 01/28/2020

Quantitative Risk Analyst - Retail Credit Risk
Description: Overview: - Assist with data management and analysis in support of the creation and maintenance of the second line data environment. Have a basic understanding of banking practices and products. Primary (more...)
Company: M&T Bank Corporation
Location: Buffalo
Posted on: 01/28/2020

CDL-A Driver, Owner Operator: $7,500 Sign-On Bonus
Description: br br CDL-A Owner Operators br Regional and Long Haul br 7,500 Sign-On Bonus br br Clean Harbors is the leading environmental, energy and industrial service provider and the largest hazardous (more...)
Company: Clean Harbors
Location: Buffalo
Posted on: 01/28/2020

Banking Services Operations Associate III - Mortgage Payments Maintenance
Description: Overview: Completes basic mortgage payment processing and special loans duties and basic research tasks. Primary Responsibilities: - Complete routine data entry, system updates and validation related (more...)
Company: M&T Bank Corporation
Location: Buffalo
Posted on: 01/28/2020

Dispatcher CRO
Description: Posted on 01/23/20 Ref: NYUCuCkyI3 Dispatcher Transportation Services job description This job description has been designed to indicate the general nature and level of work performed by employees within (more...)
Company: Worldwide Flight Services
Location: Buffalo
Posted on: 01/28/2020

Log In or Create An Account

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

Tonawanda RSS job feeds