Valuation Model Controller, Associate

  • Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • Morgan Stanley
  • 22 Mar 19

See job description for details

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

The Morgan Stanley Valuation Control team, as part of the firm’s Finance organization, provides an independent valuation control across the entire spectrum of financial instruments within the. Products range from plain-vanilla to the most complex structured derivative transactions. The team leverages its diverse quantitative skill set and product expertise to act as a guardian for the firm’s books and records. The Model Control team within VC evaluates the quantitative pricing models used to value firm’s positions that they are compliant with Firm model control standards and appropriate to value products for the firm’s books and records. The team is fully integrated globally with members working from the Budapest, Asia, London and New York offices. The breadth and the scope of the products and methodologies involved provides a unique career opportunity at a global investment bank.

We are currently looking for Model Controller - Interest Rates for our London Office.

Primary Responsibilities

• As a member of the global model control team assess the valuation methodologies, test valuation tools, identify and resolve valuation issues and discrepancies
• Participate in regulatory projects
• Interface with key senior stakeholders (both on finance and business side), governing bodies and business partners
• Acquire quantitative techniques and market intuition to perform analysis on often novel or unconventional transactions.


Skills Required

• Knowledge of financial markets and derivatives
• Strong inter-personal skills in order to interact confidently with Business Unit, Trading Strategists, Finance senior management and the Model Risk Management group
• Previous working experience with derivatives products
• Strong technical background and knowledge of statistics
• Ability to learn quickly, communicates with virtual teams, performs well under pressure, and enjoys the challenge of doing so.

What we offer

• Personal development opportunities
• Variety of training opportunities (technical, soft-skill, language and business knowledge)
• Competitive corporate benefits
• Firm organized social and professional events
• Volunteering opportunities to give back and invest in the future of our communities
• Exposure to a wide range of derivative products at a global investment bank named ‘Derivatives House of the Year 2018’.

The closing date for applications is 18/04/2019

The salary for this role is competitive

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.

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.