Valuation Risk Controller

Morgan Stanley; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a skilled professional to join their Valuation Control team in London. This role involves reviewing complex financial instruments and ensuring accurate valuations through rigorous analysis and model verification. You will collaborate with traders and model developers to enhance pricing frameworks and drive automation projects. With a commitment to diversity and inclusion, this company offers a dynamic work environment where your contributions will have a meaningful impact. If you have a strong analytical background and are ready to tackle new challenges, this opportunity is perfect for you.

Benefits

Flexible working arrangements

Comprehensive employee benefits

Support for work-life balance

Opportunities for career mobility

Qualifications

• 4-6 years of relevant experience in financial services.
• Strong analytical and quantitative skills are essential.
• Ability to understand pricing models and risk management.

Responsibilities

• Review valuation and risk models closely with developers.
• Conduct Independent Price Verification (IPV) of assets.
• Analyze pricing factors and market movements.

Skills

Analytical Skills

Quantitative Skills

Communication Skills

Adaptability

Knowledge of Financial Products

Education

Degree in Finance

Degree in Economics

Degree in Mathematics

Degree in Engineering

Degree in Business

Tools

Excel

VBA

Python

Job description

Job Description

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 you can expect from Morgan Stanley:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

Certified Persons Regulatory Requirements:

If this role is deemed a certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

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.

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.

For further information, and to apply, please visit our website via the “Apply” button below.