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Director - Valuation Risk Controller

Morgan Stanley
  • New York, NY
  • $90,000–$155,000 Per Year
1 day ago

Job Description

We're seeking someone to join our Commodities Valuation Control team as a Valuation Risk Controller in Finance to undertake Independent Price Verification (IPV) of a global portfolio of assets using external data sources and financial models.

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. This is a Director/AVP level position within the Valuation Control job family which ensures accuracy of inventory valuation and compliance with fair value accounting standards. Performs key valuation controls, including mark review, model control, assigning FVM levels and the review of material new transactions.

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:

  • Undertake Independent Price Verification (IPV) of a global portfolio of commodities products, including energy derivatives and complex structured products
  • Perform supervisory and review responsibilities across valuation control related functions
  • Partner with Trading, Market Risk, Model Risk Management, Quantitative Strats, and Technology teams to challenge valuations and enhance pricing methodologies
  • 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

What you'll bring to the role:

  • 4-6 years of experience in a relevant field preferably covering Commodities markets
  • 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 derivatives 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

What you can expect from Morgan Stanley:

We have a track record of innovation and passion for unlocking new opportunities, we help our clients raise, manage and allocate capital. We do this by offering a wide range of investment banking, securities, wealth management and asset management services. All that we do at Morgan Stanley is driven by our five core values: do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back. These aren't just beliefs, they guide the decisions we make every day, ensuring we do what's best for our clients, communities and more than 80,000 employees around the world. And at the core of our success are the people who drive it - relentless collaborators and creative thinkers who are fueled by diverse thinking and experiences. Wherever you are in our 1,200 global offices, you'll have the opportunity to work alongside the best and the brightest in an environment where you are empowered to achieve your full potential. 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. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their goals. We do it in a way that's differentiated - and we've done that for 90 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.

Expected base pay rates for the role will be between $90,000 and $155,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.

Numbers & Facts

LocationNew York, NY
IndustryBanking
Salary$90,000–$155,000 Per Year
Company Size10,000 employees or more
Year Founded1935
Websitehttp://www.morganstanley.com

About Company

Morgan Stanley is a global financial services firm offering a complete range of financial services to a large and diversified group of clients and customers, including governments, corporations, institutions and individuals throughout the world. The talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity and excellence. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and to grow.

Skills

  • Accounting Standards and Regulationsunmatched
  • Analysis Skillsunmatched
  • Asset Managementunmatched
  • Automationunmatched
  • Communication Skillsunmatched
  • Derivativesunmatched
  • Diversityunmatched
  • Economicsunmatched
  • Employee Benefitsunmatched
  • Financeunmatched
  • Financial Modelingunmatched
  • Financial Servicesunmatched
  • Interpersonal Skillsunmatched
  • Investment Servicesunmatched
  • Mathematicsunmatched
  • Microsoft Visual Basic for Applications (VBA)unmatched
  • Model Reviewunmatched
  • Pricingunmatched
  • Product Pricingunmatched
  • Programming Languagesunmatched
  • Python Programming/Scripting Languageunmatched
  • Quantitative Analysisunmatched
  • Regulationsunmatched
  • Risk Managementunmatched
  • Risk Modelingunmatched
  • Securities Investmentsunmatched
  • Wealth Managementunmatched
  • Web Browsersunmatched

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