We're seeking someone to join our team as a Senior Valuation Risk Controller to work in our Finance Division.
In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis, and advisory services of the Firm's financial and capital resources.
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.
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Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
What you'll do in the role
- Undertake Independent Price Verification (IPV) of a global portfolio of assets using external data sources and financial models
- Identify and eliminate control gaps within the pricing framework
- Debate and communicate with traders and strategists regularly on IPV results and marking methodologies
- Review valuation and risk models while working closely with model developers
- Understand global financial markets, follow market movements and comprehend the impact on the portfolio and firm
- Analyze pricing factors in complex financial products and comprehend market movements' impact on the portfolio and firm
- Enhance and streamline existing working processes in close cooperation with Technology teams
- Be responsible for managing a team, not only allocating and reviewing the team members' monthly deliverables but supporting their professional development by providing the right opportunities for them
What you'll bring to the role
- Strong academics, with preference for finance or a quantitative discipline such as financial engineering, mathematics, physics, engineering or other technical field
- Minimum 7 years of relevant experience
- Solid background in and understanding of financial markets and products
- Willingness to adapt to new challenges in a dynamic environment with shifting priorities
- Ability to develop strong internal client relationships
- Good understanding of IT and systems
- People management experience is an advantage
Morgan Stanley Budapest is an integral part of the Firm's global business functions including Technology, Finance, Risk, Institutional Securities and Wealth Management. Morgan Stanley has been rooted in the Budapest community since 2006 and is considered a leading employer among the area's highly skilled talent. Our innovative team delivers deep technical and mathematical expertise to support the Firm's capabilities in quantitative analysis, data analysis, and risk management. Learn more about our unmatched culture in Morgan Stanley Budapest.
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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 85 years. At our foundation are five core values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.
We're committed to bringing passion and customer focus to the business.
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.