Valuation Risk Controller

at  Morgan Stanley

Valuation Risk Controller
Job Number:

3262179
POSTING DATE: Nov 13, 2024
PRIMARY LOCATION: Europe, Middle East, Africa-Hungary-Budapest-Budapest
JOB: Controller
EMPLOYMENT TYPE: Contract Consultant
JOB LEVEL: Consultant

DESCRIPTION

We offer:

• The chance to work in the Finance department of one of the world’s top tier Financial Institutions and gain first-hand insight into our business
• Work with and obtain in-depth knowledge of a wide range of financial products from plain vanilla products to the most exotic structured derivatives
• Engagement with Morgan Stanley offices globally in an open minded and welcoming environment, including New York, London, Hong Kong and Tokyo
• Flexible working arrangements – core hours and opportunity to work from home
• A competitive salary and benefits package
• Contingent/Leased assignment working onsite at Morgan Stanley
• Contract via 3rd party agency

You will:

• Undertake Independent Price Verification (IPV) of a global portfolio of assets using external data sources and financial models
• Debate IPV results and marking methodologies with front-office traders
• Review valuation and risk models while working closely with model developers
• Analyze pricing factors in complex financial products and comprehend market movements’ impact on the portfolio and firm
• Identify and eliminate control gaps within the pricing framework
• Drive development on regulatory deliverables and automation projects using Agile

QUALIFICATIONS

You have:

• Completed degree in Finance, Economics, Mathematics, Engineering, or Business related discipline
• Deep knowledge of main financial products, their market context, and associated risks
• Clear, structured communication and interpersonal skills
• Willingness to adapt to new challenges in a dynamic environment with shifting priorities
• Strong analytical, quantitative skills and proficient user of Excel
• Knowledge of relevant pricing models and risk management techniques is an advantage
• Ability to understand code in VBA/Python or another programming language commonly used in the financial industry is an advantage

Team Profile:
Morgan Stanley Valuation Control provide an independent valuation assessment across the entire spectrum of financial instruments, ranging from vanilla products to the most complex structured and derivative transactions. This process involves the certification of models and their valuation methodologies, testing for adherence to such methodologies, evaluating internal valuation marks against external benchmarks, identification and resolution of valuation discrepancies, and communicating a valuation assessment to senior trading and Finance management. The team is also involved in the continuous enhancements of the valuation control infrastructure with a view towards global and cross-product standardization

Please refer the Job description for details