Valuation Control Vice President - Morgan Stanley
New York, NY
About the Job
Job Number:
3261667Posting Date
: Nov 4, 2024Primary Location
: Americas-United States of America-New York-New YorkJob
: FinanceDescription
We offer:
- The chance to work in the Finance department of one of the world's top tier Financial Institutions and gain first-hand insight into our business.
- Work with and obtain in-depth knowledge of a wide range of financial products from plain vanilla products to the most exotic structured derivatives.
- Engagement with the other offices globally, including New York, London, Hong Kong, Tokyo and Budapest
- A competitive salary and benefits package, and eligibility for annual bonus
- Open minded and welcoming environment, where your ideas are taken seriously.
- Continued professional development based on your career interests.
You will:
- Undertake independent valuations for trading positions held by the global Commodities Trading business.
- Present to and communicate results to traders and desk heads.
- Discuss and agree valuation methodologies and inputs with traders and quantitative strategists.
- Review valuation and risk models, while working closely with Business Unit senior management, Risk, Investment Management Financial Controllers
- Enhance and streamline existing working processes.
- Understand global financial markets, keep up to date with market movements and identify the impact these have / could have on the portfolio and Firm.
- Present results to senior members of Finance.
You have:
- Completed degree in Economics, Finance, Mathematics, or any other STEM / Business-related discipline.
- Exceptional attention to detail, self-motivated, and strong organisation skills.
- General understanding of, and interest in, the financial markets and investment management
- Ability to develop strong internal client relationships with the Business Unit, Risk and other Finance teams
- Willingness to adapt to new challenges in a dynamic environment with shifting priorities
- Strong analytical, quantitative skills and solid knowledge of Excel
- 8 yrs+ experience in Investment Management or related field
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.
About us: Morgan Stanley is a global financial services firm and a market leader in investment banking, securities, investment management and wealth management services. The company provides a superior foundation for building a professional career - a place to learn, grow and achieve. You will be exposed to a truly international and multi-cultural environment that appreciates and respects who you are as a person.
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 maximise 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.
Qualifications
You have:
- Completed degree in Economics, Finance, Mathematics, or any other STEM / Business-related discipline.
- Exceptional attention to detail, self-motivated, and strong organisation skills.
- General understanding of, and interest in, the financial markets and investment management
- Ability to develop strong internal client relationships with the Business Unit, Risk and other Finance teams
- Willingness to adapt to new challenges in a dynamic environment with shifting priorities
- Strong analytical, quantitative skills and solid knowledge of Excel
- 8 yrs+ experience in Investment Management or related field
Expected base pay rates for the role will be between $120,000 and $200,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).