Valuation Control, Director
Job Summary
Were seeking someone to join our Valuation Control team as a Valuation Risk Controller in Global Corporate Controls & Planning to 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.
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 Firms financial and capital resources. This is an Associate level position within the within our Corporate Controllers Reporting & Accounting Job Family which is responsible for the accuracy and control of the Firms books and records to produce the consolidated firm segment and legal entities financial statements including development management and oversight of financial accounting & reporting systems as well as database management including capital and liquidity reporting and external reporting functions.
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 youll do in the role:
Be a member of Asia Equity coverage Valuation Control team based in Hong Kong
Execute independent price verification (IPV) across a wide range of equity trading products (e.g stocks futures CBs EBs TRSs vanilla and exotic derivatives)
Communicate with traders regularly to discuss IPV as part of both daily and month end valuation controls
Work closely with traders Strats (quants) and global counterparts to enhance marking methodologies and valuation adjustments for model inputs (e.g forward volatility correlation and other exotics parameters)
Contribute to deliverables for global regulators (e.g ECB PRA JFSA)
Work with other functions such as Product Control and Market Risk to continuously monitor the valuation risk of the business
Keep track of equity markets across Asia following market movements and reflecting market dynamics into our valuation framework as appropriate
What youll bring to the role:
Strong bachelor or above in financial/quantitative major such as mathematics physics economics engineering or other relevant fields
Minimum 5 years of relevant experience in equity (derivatives) valuation or relevant fields such as product control or risk management
Deep understanding of financial products and derivative pricing theories
Excellent English communication skills
Willingness and ambition to adapt to new challenges in a dynamic environment
Team player mindset and ability to build strong human relationships
What you can expect from Morgan Stanley
We have a track record of innovation and passion for unlocking new opportunities we help our clients raise manage and allocate capital. We do this by offering a wide range of investment banking securities wealth management and asset management services. All that we do at Morgan Stanley is driven by our five core values: do the right thing put clients first lead with exceptional ideas commit to diversity and inclusion and give back. These arent just beliefs they guide the decisions we make every day ensuring we do whats best for our clients communities and more than 80000 employees around the world. And at the core of our success are the people who drive it - relentless collaborators and creative thinkers who are fueled by diverse thinking and experiences. Wherever you are in our 1200 global offices youll have the opportunity to work alongside the best and the brightest in an environment where you are empowered to achieve your full potential. 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. To learn more about our offices across the globe please copy and paste into your browser
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.
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
At Morgan Stanley we raise manage and allocate capital for our clients helping them reach their goals. We do it in a way thats differentiated and weve done that for 90 years. Our values - putting clients first doing the right thing leading with exceptional ideas committing to diversity and inclusion and giving back - arent just beliefs they guide the decisions we make every day to do whats best for our clients communities and more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll find an opportunity to work alongside the best and the brightest in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers fueled by their diverse backgrounds and experiences. 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. Theres also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe please copy and paste into your browser.
Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion where individuals are hired developed and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate bringing a variety of backgrounds talents perspectives and experiences.
Required Experience:
Director
About Company
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, ... View more