Valuation Risk Controller, Associate

Morgan Stanley • New York, NY

8d

About The Position

We're seeking someone to join our 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 Associate position within our Valuation Control Job Family which ensures accuracy of inventory valuation and compliance with fair value accounting standards by performing 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.

Requirements

• Working knowledge of Finance functional area, industry and competitive environment
• Ability to communicate clearly and concisely, and adapt to various audiences
• Willingness to seek guidance and provide feedback to further develop self and peers
• 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
• At least 2.5 years' relevant experience would generally be expected to find the skills required for this role

Nice To Haves

• 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

Responsibilities

• Collaborate with a varied group of colleagues in Finance and across the Firm
• Responsible for both individual and team deliverables and projects, leveraging knowledge of Finance functional area, tools and/or products
• Adhere to the Firm's risk and regulatory standards, policies and controls
• Act as a culture carrier; embody the Firm's values and hold yourself accountable to Firm standards
• 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

Benefits

• Ample opportunity to move about the business for those who show passion and grit in their work
• Attractive and comprehensive employee benefits and perks in the industry
• Support for employees and their families at every point along their work-life journey

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree