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Banamex Product Control - Valuation Analitics Assistant Vice President

Citi
ACTUARIO ROBERTO MEDELLIN NO. 800 SANTA FE CIUDAD DE MEXICO, Mexicofull_timeVerifiedPosted 26 Dec 2023

About the role

The Prod Ctrl Sr. Analyst is an intermediate level position responsible for ensuring the completeness, accuracy and integrity of the bank's books and records in coordination with the Finance team. The overall objective of this role is to control and support data integrity and general ledger reconciliation, profit attribution and new activity analysis, valuation control and product P&L and balance sheet reporting.

Responsibilities:

  • Apply in-depth industry knowledge towards the development of new techniques and improving processes or work-flow for the Finance department
  • Serve as a subject matter expert within Finance
  • Evaluate moderately complex issues utilizing data, and select the best action between potentially conflicting situations
  • Analyze data by filtering, prioritizing, and validating moderately complex information from multiple sources
  • Has the ability to operate with a limited level of direct supervision.
  • Can exercise independence of judgement and autonomy.
  • Acts as SME to senior stakeholders and /or other team members.
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

  • 5-8 years of relevant experience
  • Consistently demonstrates clear and concise written and verbal communication

Education:

  • Bachelor’s degree/University degree or equivalent experience

This role will cover valuation control of derivative products and structured securities and will require strong communication skills and teamwork across multiple locations and departments.

Responsibilities:

  • Responsibility for all aspects of valuation control of the business, including validation of market data inputs, reporting and analysis
  • Producing and implementing guidelines / procedures for valuation adjustments and price testing across the business, with particular attention to the design of control
  • Acting as a Business Partner to the Business, Risk, Compliance and Finance
  • Acting as the first point of escalation with regards to any discrepancies and breaches regarding independent price verification topics
  • Identifying pricing issues, valuation parameters or instrument types that may require particular attention with critical analysis of the valuation issues involved

Requirements:

  • Excellent communication skills, both verbal and written
  • Experience across Product Control / Valuations / Risk
  • Product knowledge, including valuation of financial instruments and market risk models desired
  • Current 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
  • Python knowledge
  • 3 to 5 years of experience with derivative or structured security products 

Qualifications:

  • BS/BA Bachelor’s degree in any finance, economics or quantitative-related subject
  • 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
  • Advanced level of English (Desired)

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Job Family Group:

Finance

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Job Family:

Product Control

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Time Type:

Full time

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Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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 review