Vice President - Valuation Risk Controller

Dormont Manufacturing Company

New York, NY

JOB DETAILS
SALARY
$120,000–$205,000 Per Year
SKILLS
Accounting Standards and Regulations, Analysis Skills, Communication Skills, Develop and Maintain Customers, Employee Retention, Finance, Financial Mathematics, Financial Modeling, Global Financial Markets, Model Review, Physics, Pricing, Risk, Risk Analysis, Risk Management, Risk Modeling, Stock Market, Talent Management, Team Lead/Manager
LOCATION
New York, NY
POSTED
Today

We're seeking someone to join our 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 Vice President 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.What you'll do in the role:Collaborate with a varied group of colleagues in Finance and across the FirmResponsible for and lead a significant set of deliverables, leveraging advanced understanding of Finance functional area, product and/or client segmentProactively identify emerging risks in individual and department work and contribute to strategies for mitigating themAct as a role model and culture carrier; embody and set an example of the Firm's values and hold yourself and others accountable to Firm standardsUndertake Independent Price Verification (IPV) of a global portfolio of assets using external data sources and financial modelsIdentify and eliminate control gaps within the pricing frameworkDebate and communicate with traders and strategists regularly on IPV results and marking methodologiesReview valuation and risk models while working closely with model developersUnderstand global financial markets, follow market movements and comprehend the impact on the portfolio and firmAnalyze pricing factors in complex financial products and comprehend market movements' impact on the portfolio and firmEnhance and streamline existing working processes in close cooperation with Technology teamsBe responsible for managing a team, not only allocating and reviewing the team members' monthly deliverables but supporting their professional development by providing the right opportunities for themManage, attract, develop and retain talent for team within Finance while creating an inclusive environment; translate Firmwide goals into actionable goals for department/functionWhat you'll bring to the role:Advanced understanding of Finance functional area, product and/or client segment and technical skills, as well as of industry and competitive environmentAbility to provide positive and constructive feedback and acknowledge efforts of team membersAbility to articulate risk and impact to various audiences, and create plans to mitigate those risksStrong academics, with preference for finance or a quantitative discipline such as financial engineering, mathematics, physics, engineering or other technical fieldMinimum 7 years of relevant experienceSolid background in and understanding of financial markets and productsWillingness to adapt to new challenges in a dynamic environment with shifting prioritiesAbility to develop strong internal client relationshipsGood understanding of IT and systemsPeople management experience is an advantageExpected base pay rates for the role will be between $120,000 and $205,000 per year at the commencement of employment. Base pay is determined on an individualized basis and is only part of the total compensation package, which may also include commission earnings, incentive compensation, discretionary bonuses, 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.#J-18808-Ljbffr

About the Company

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Dormont Manufacturing Company