Valuation Risk Management (various seniority levels) at Morgan Stanley

Budapest, Central Hungary, Hungary -

Full Time

Start Date

Immediate

Expiry Date

07 Apr, 26

Salary

0.0

Posted On

07 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Valuation Assessment, Independent Price Verification, Financial Modeling, Risk Management, Analytical Skills, VBA, Python, Excel, Pricing Models, Market Analysis, Collaboration, Communication, Model Development, Control Gaps, Regulatory Compliance, Agile Methodologies

Industry

Financial Services

Description

We’re seeking someone to join our Valuation Risk Management team in our Finance Division. In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis, and advisory services of the Firm’s financial and capital resources. The Morgan Stanley Valuation Control team is responsible for providing independent valuation assessments across the firm’s entire range of financial instruments, ensuring adherence to fair value accounting standards. This function encompasses model certification and assessment of valuation methodologies, comparison of internal valuation marks with external benchmarks, identification and resolution of valuation discrepancies, and effective communication of valuation assessments to senior trading and Finance management. The team is also dedicated to the ongoing enhancement of the valuation control infrastructure, promoting global and cross-product standardization. The Morgan Stanley Valuation Control team plays a critical role in maintaining the firm’s reputation for excellence and reliability, comprising professionals with expertise in finance, quantitative analysis, and risk management. By leveraging advanced analytical tools and fostering a culture of continuous improvement, the team ensures that valuation processes remain robust and responsive to changing market conditions. This commitment to best practices not only supports internal stakeholders but also reinforces trust with external regulators and clients. Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world. What you’ll do in the role: Independent Valuation Assessment: Conduct Independent Price Verification (IPV) for a diverse global portfolio, utilizing external data sources and financial models. This includes both vanilla and exotic structured derivatives across asset classes such as fixed income, commodities, equities, and investments. Ensure compliance with fair value accounting by certifying models and their valuation methodologies. Collaboration and Communication: Engage in discussions with front-office traders to debate IPV results and marking methodologies. Communicate valuation assessments effectively to senior trading and Finance management. Model and Risk Analysis: Work closely with model developers to review and enhance valuation and risk models. Analyse pricing factors in complex financial products and assess the impact of market movements on the portfolio and the firm. Control and Standardization: Identify and eliminate control gaps within the pricing framework. Contribute to the continuous enhancement of the valuation control infrastructure, aiming for global and cross-product standardization. Regulatory and Technological Development: Drive development on regulatory deliverables and automation projects using Agile methodologies. What you’ll bring to the role: Educational Background and Expertise: A degree in Finance, Economics, Mathematics, Engineering, or a Business-related discipline provides a background in theoretical and practical aspects of financial concepts and market dynamics. Familiarity with main financial products, their market context, and associated risks enables effective participation in the financial sector and informed decision-making based on market trends and risk assessments. Technical Skills: Proficiency in VBA, Python, or similar programming languages benefits automation, data analysis, and financial modeling. Strong analytical skills and expertise in Excel Familiarity with pricing models and risk management techniques #LI-MB1 #BPACC #LI-hybrid WHAT YOU CAN EXPECT FROM MORGAN STANLEY: We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser. Certified Persons Regulatory Requirements: If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks. Flexible work statement Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more. Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.

Responsibilities

The role involves conducting independent valuation assessments and ensuring compliance with fair value accounting standards. It also includes collaboration with traders and model developers to enhance valuation processes.