Director - Valuation Risk Controller
About The Position
The Valuation Risk Controller works in Morgan Stanley’s Finance division as part of the Commodities Valuation Control team, undertaking Independent Price Verification (IPV) of a global portfolio of assets using external data sources and financial models. This Director/AVP-level role is part of the Valuation Control job family, which supports accurate inventory valuation and compliance with fair value accounting standards through key valuation controls, including mark review, model control, assigning FVM levels, and reviewing material new transactions. The role performs supervisory and review responsibilities across valuation control functions and collaborates with Trading, Market Risk, Model Risk Management, Quantitative Strats, and Technology teams to challenge valuations and improve pricing methodologies. It also reviews valuation and risk models with model developers, analyzes pricing factors and market movements affecting complex financial products and the firm, addresses control gaps in the pricing framework, and advances regulatory deliverables and automation projects.
Requirements
- 4–6 years of experience in a relevant field, preferably covering commodities markets.
- Completed degree in Finance, Economics, Mathematics, Engineering, or a 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 and quantitative skills, and proficiency with Excel.
Nice To Haves
- Knowledge of derivatives pricing models and risk management techniques.
- Ability to understand code in VBA, Python, or another programming language commonly used in the financial industry.
Responsibilities
- 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 understand the impact of market movements on the portfolio and firm.
- Identify and eliminate control gaps within the pricing framework.
- Drive development on regulatory deliverables and automation projects.
- Perform key valuation controls, including mark review, model control, assigning FVM levels, and reviewing material new transactions.
Benefits
- Morgan Stanley-sponsored benefit programs and employee benefits and perks; specific benefits are not detailed in the posting.
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What This Job Offers
Job Type
Full-time
Career Level
Director
