London, United Kingdom
23 days ago
Valuation Risk Controller

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Team Profile

Morgan Stanley Valuation Control provide an independent valuation assessment across the entire spectrum of financial instruments, ranging from vanilla products to the most complex structured and derivative transactions. This process involves the certification of models and their valuation methodologies, testing for adherence to such methodologies, evaluating internal valuation marks against external benchmarks, identification, and resolution of valuation discrepancies, and communicating a valuation assessment to senior trading and Finance management. The team is also involved in the continuous enhancements of the valuation control infrastructure with a view towards global and cross-product standardization.


What will you be doing?

- Review valuation and risk models while working closely with model developers;
- 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;
- 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; and
- Drive development on regulatory deliverables and automation projects using Agile.

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Team Profile

Morgan Stanley Valuation Control provide an independent valuation assessment across the entire spectrum of financial instruments, ranging from vanilla products to the most complex structured and derivative transactions. This process involves the certification of models and their valuation methodologies, testing for adherence to such methodologies, evaluating internal valuation marks against external benchmarks, identification, and resolution of valuation discrepancies, and communicating a valuation assessment to senior trading and Finance management. The team is also involved in the continuous enhancements of the valuation control infrastructure with a view towards global and cross-product standardization.


What will you be doing?

- Review valuation and risk models while working closely with model developers;
- 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;
- 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; and
- Drive development on regulatory deliverables and automation projects using Agile.

What we’re looking for:

- At least 4-6 years' relevant experience would generally be expected to find the skills required for this role;
- 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;
- Knowledge of relevant pricing models and risk management techniques is an advantage; and
- Ability to understand code in VBA/Python or another programming language commonly used in the financial industry is an advantage.

Where will you be working?

This role is based in 25 Cabot Square, London.

Flexible work statement:

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Internal Applicants:

Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal.

Equal opportunities statement:

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.

What we’re looking for:

- At least 4-6 years' relevant experience would generally be expected to find the skills required for this role;
- 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;
- Knowledge of relevant pricing models and risk management techniques is an advantage; and
- Ability to understand code in VBA/Python or another programming language commonly used in the financial industry is an advantage.

Where will you be working?

This role is based in 25 Cabot Square, London.

Flexible work statement:

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Internal Applicants:

Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal.

Equal opportunities statement:

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.

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