Director, Valuation Risk – Commodities IPV

Morgan-Stanley; Town of Islip (NY); On-site; USD 90,000 - 155,000; Full time

Job summary

Morgan Stanley in New York seeks a Valuation Risk Controller in Finance to perform Independent Price Verification (IPV) of a global commodities portfolio, including energy derivatives and complex structured products. You will work with Trading, Market Risk, Model Risk Management and Technology to challenge valuations and enhance pricing methodologies.

The role requires 4–6 years in commodities or related fields, a degree in Finance, Economics, Mathematics, Engineering, or Business, and strong

Qualifications

• 4–6 years of experience in a relevant field preferably covering Commodities markets.
• 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 derivatives 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

• 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

Excel proficiency

Analytical skills

VBA/Python knowledge

Derivatives pricing models

Communication skills

Education

Finance or Economics or Mathematics or Engineering or Business

Tools

VBA

Python

Job description

Morgan Stanley in New York seeks a Valuation Risk Controller in Finance to perform Independent Price Verification (IPV) of a global commodities portfolio, including energy derivatives and complex structured products. You will work with Trading, Market Risk, Model Risk Management and Technology to challenge valuations and enhance pricing methodologies.

The role requires 4–6 years in commodities or related fields, a degree in Finance, Economics, Mathematics, Engineering, or Business, and strong