Valuation Risk Controller - Interest rates & Currencies, Senior Manager

Location
London, England, United Kingdom
Salary
Competitive
Posted
10 Sep 2018
Closes
14 Sep 2018
Ref
4368562
Contract type
Permanent
Hours
Full time
Experience level
Manager

Company Profile:

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile:

The Finance Division reports to the Chief Financial Officer and consists of some 3,000 employees worldwide. Finance protects the Morgan Stanley franchise by serving as guardian of the Firm's books and records and by contributing to firm wide risk management and risk reduction. This division maintains relationships with Morgan Stanley's various industry and government regulators and also serves as the conduit of financial information to the outside investment community. Finance plays a critical role as advisor to Morgan Stanley's various businesses and its senior management team.

Team Profile:

Morgan Stanley Valuation Control (VC) provides an independent valuation opinion across the entire spectrum of financial instruments within the Firm's sales and trading inventory and proprietary investment portfolio, ranging from vanilla products to the most complex structured and derivative transactions. The team leverages its diverse quantitative skill set and intimate product expertise to act as a guardian and approver of valuation methodology. The group's key clients are senior trading management and senior Finance management.

The team in London is an integrated and vital part of the global operation. We are currently looking for a Valuation Risk Controller for our London office supporting the Options Exotics, Quantos & hybrids business.

Primary Responsibilities:

• Managing a team of two resources and leading the team to ensure deliverables are met and proper internal controls are adhered to.
• Monthly mark review production to ensure positions are marked correctly in the firm's books and records. It covers a broad range of Exotics & hybrids derivative products.
• Interaction with the trading desks and other internal/external parties in the region.
• Preparing summaries on mark review results for senior finance executives and the Business Units
• Developing and standardizing the existing Mark Review processes
• Project work as required on new systems and functionality enhancements
• Challenging existing processes and procedures to improve the quality and efficiency of the mark review and to proactively identify, monitor and manage both the known and unknown risk within those existing processes and procedures



Qualifications:


Skills required:

• Strong academics required in a quantitative discipline such as economics, mathematics, physics, engineering or other technical field
• Good understanding of financial markets and products and ability to learn new products.
• Ability to translate complex theoretical problems into smaller problems that can be solved practically
• Strong leadership, interpersonal and communication skills
• Strong analytical and problem solving skills
• Solid knowledge of Excel. Programming knowledge is a plus

The salary for this role is Competitive.

The closing date for applications is 13/09/2018

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.

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