Director, Commodities Valuation & IPV Risk

474 MS Services Group, Inc.; New York (NY); On-site; USD 90,000 - 155,000; Full time

Job summary

Morgan Stanley's Commodities Valuation Control team seeks a Valuation Risk Controller to perform IPV across a global commodities portfolio, including energy derivatives. You will lead supervisory reviews and collaborate with Trading, Market Risk, and Model Risk teams to challenge valuations and improve pricing models.

The role requires 4–6 years in commodities, a finance-related degree, and strong analytical skills.

Qualifications

• 4–6 years of experience in a commodities market role.
• Degree in Finance, Economics, Mathematics, Engineering or Business.
• Strong knowledge of derivatives pricing models and risk management.
• Proficient in Excel; programming in VBA/Python is a plus.

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 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.

Skills

Commodities markets

Excel

Quantitative analysis

Financial modeling

Education

Finance, Economics, Mathematics, Engineering, or Business degree

Tools

VBA

Python

Job description

Morgan Stanley's Commodities Valuation Control team seeks a Valuation Risk Controller to perform IPV across a global commodities portfolio, including energy derivatives. You will lead supervisory reviews and collaborate with Trading, Market Risk, and Model Risk teams to challenge valuations and improve pricing models.

The role requires 4–6 years in commodities, a finance-related degree, and strong analytical skills.