Valuation Risk Controller, Associate

Morgan Stanley•New York, NY

21h

About The Position

Morgan Stanley is seeking a Valuation Risk Controller, Associate, to join their Finance team. This role involves undertaking Independent Price Verification (IPV) of a global portfolio of assets using external data sources and financial models. The Finance division partners with business units globally, providing management, review, analysis, and advisory services for the Firm's financial and capital resources. This Associate position is part of the Valuation Control Job Family, which is responsible for ensuring the accuracy of 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. Morgan Stanley, established in 1935, is a global leader in financial services, operating in over 40 countries.

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