Director, Valuation Risk & IPV Oversight

Morgan Stanley; New York (NY); On-site; USD 90,000 - 155,000; Full time

Job summary

Morgan Stanley in New York seeks a quantitative professional to perform Independent Price Verification on a global commodities portfolio, including energy derivatives and complex structured products. You will collaborate with Trading, Market Risk, Model Risk Management, Quantitative Strats and Technology to challenge valuations and refine pricing models.

You will review valuation and risk models with developers, analyze how pricing factors and market moves affect the portfolio, and identify

Qualifications

• 4-6 years of experience in commodities markets or related fields.
• Degree in Finance, Economics, Mathematics, Engineering or Business.
• Strong analytical and quantitative skills with proficiency in Excel.
• Knowledge of derivatives pricing models and risk management is a plus.

Responsibilities

• Undertake IPV of a global commodities portfolio including energy derivatives and structured products.
• Perform supervisory and review responsibilities across valuation control functions.
• Partner with Trading, Market Risk, Model Risk Management, Quantitative Strats and Technology to challenge valuations and improve pricing methods.
• Review valuation and risk models with model developers.
• Analyze pricing factors and the impact of market movements on the portfolio and firm.
• Identify and close control gaps within the pricing framework.
• Drive development on regulatory deliverables and automation projects.

Skills

Quantitative analysis

Excel proficiency

Communication

VBA/Python

Analytical thinking

Education

Finance degree

Economics degree

Math/Engineering/Business degree

Tools

Excel

VBA

Python

Job description

Morgan Stanley in New York seeks a quantitative professional to perform Independent Price Verification on a global commodities portfolio, including energy derivatives and complex structured products. You will collaborate with Trading, Market Risk, Model Risk Management, Quantitative Strats and Technology to challenge valuations and refine pricing models.

You will review valuation and risk models with developers, analyze how pricing factors and market moves affect the portfolio, and identify