Director - Valuation Risk Controller

Morgan Stanley • New York, NY

12d

About The Position

The Valuation Risk Controller will join Morgan Stanley’s Commodities Valuation Control team in Finance and undertake Independent Price Verification (IPV) of a global portfolio of assets using external data sources and financial models. Finance partners with business units worldwide by providing management, review, analysis, and advisory services related to the Firm’s financial and capital resources.

This Director/AVP-level position in the Valuation Control job family helps ensure inventory valuation accuracy and compliance with fair value accounting standards. The role performs key valuation controls, including mark review, model control, assigning FVM levels, and reviewing material new transactions. It also involves supervisory and review responsibilities, collaboration across business and control teams, and work on 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 how market movements affect the portfolio and firm.
• Identify and eliminate control gaps within the pricing framework.
• Drive development of 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 offers employee benefits and perks, described as attractive and comprehensive, to support employees and their families throughout their work-life journey.
• Depending on the position, total compensation may include commission earnings, incentive compensation, discretionary bonuses, other short- and long-term incentive packages, and other Morgan Stanley-sponsored benefit programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Director