Valuation Risk Specialist - Structured Rates
Given the continued spread of COVID-19 (coronavirus), all interviews will be conducted by phone or virtual connection to protect our candidates and employees.
- Work in the Finance department of one of the world’s top tier Financial Institutions and gain first-hand insight into the Investment Banking business
- Work with and obtain in-depth knowledge of a wide-range of financial products – from plain vanilla cash product to the most exotic structured derivatives products
- Assist in driving process improvements projects, such as automation and innovation initiatives
- Engagement with the other offices globally, including New York, London, Hong Kong and Tokyo
- A competitive salary and eligibility for annual bonus
- Open minded and welcoming environment, where your ideas are taken seriously
- Continued professional development based on your career interests
- The ability to grow and shape your own career
- Get exposure to Structured Rates products: Berm, Inflation, FX options…etc
- Undertake monthly independent valuations of a global portfolio of financial assets using external data sources and internal models
- Present to and communicate with traders regularly to convey valuation results and discuss marking methodologies
- Review valuation and risk models, while working closely with model developers
- Enhance and streamline existing working processes
- Understand global financial markets, follow market movements and comprehend the impact on the portfolio and firm
- Be responsible for managing a team, not only allocating and reviewing the team members’ monthly deliverables but supporting the professional development by providing the right tasks and opportunities for them
- Strong academics, with preference for a quantitative discipline such as financial engineering, mathematics, physics, engineering or other technical field
- Ability to challenge the valuation methodologies proposed by the Desk Strategists
- Ability to work effectively under pressure when confronted with tight deadlines
- Ability to develop strong internal client relationships
- Willingness to adapt to new challenges in a dynamic environment with shifting priorities
- Good understanding of IT and systems
- Fluency in English
Team Profile: Morgan Stanley Valuation Control provide 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 is mandated to perform an independent valuation assessment on the diverse range of financial products. 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 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. At Morgan Stanley Budapest, we are shaping the future of our global business and contributing to our local community. Our team works across numerous areas, including Technology, Mathematical Modeling, Finance, Risk Management, Operations and Data & Analytics from our new state-of-the-art offices near the Danube and our City Gate office in the heart of the city center.
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.
For further information, and to apply, please visit our website via the “Apply” button below.