Valuation Risk Controller - Equities

  • Competitive
  • Budapest, Budapest fovaros, Hungary
  • Permanent, Full time
  • Morgan Stanley
  • 25 Mar 19

See job description for details


Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.

We are currently looking for a
Valuation Risk Controller
for our Budapest office

Valuation Control (VC) provides an independent valuation opinion across the entire bandwidth of financial instruments within the firm's sales and trading inventory and investments, ranging from vanilla products to the most complex structured and derivative transactions. The team leverages its quantitative skill-set and intimate product expertise to act as a guardian and approver of valuation methodology. The VC team works closely with traders/bankers; risk management and finance to accomplish its mandate of ensuring financial instruments are fairly valued.

Responsibilities:

Production of the monthly mark review to ensure positions are marked correctly in the firm's books and records
Gaining a full understanding of the products subject to valuation in the group and the relevant marking methodologies
Regular interaction and liaison with various stakeholders globally, including Product Controllers, Trading Desk, and Strategists
Preparing reports and documents that clearly explain and summarize the mark review results and issues for Senior Finance Management and the Business Units
Preparation of reconciliations between the firm's books and records and the underlying positions
Involvement in balance sheet categorization based upon observability in accordance with FAS157
Project work as required on new systems, methodology 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

What we can offer:

Being part of a Global Team
Having an opportunity to work with Equity products
Training opportunities/Constant development
Exposure to the entire spectrum of financial products in a top tier investment bank
Active involvement in firm-wide valuation projects and initiatives


Qualifications:


Skills required:

Completed Bachelor's degree in Economics, Finance or Business related discipline and availability to work full time
Minimum 2 years relevant professional experience
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 interpersonal and communication skills
Strong analytical and problem solving skills
Solid knowledge of Excel
VBA programming knowledge is an plus

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.