Valuation Risk Controller, Associate/AVP

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.

Team Profile:

Morgan Stanley Valuation Control 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, evaluating internal marks against external benchmarks, identification and resolution of valuation discrepancies, and communicating a valuation assessment to traders and Finance management. The team is also involved in the continuous enhancements of the valuation control infrastructure.

What we offer:

• The chance to work in the Finance department of one of the world's top tier Financial Institutions and gain first-hand insight into our business
• Work with and obtain in-depth knowledge of a wide range of financial products from plain vanilla products to the most exotic structured derivatives
• Engagement with the other offices globally, including New York, London, Hong Kong and Tokyo
• A competitive salary and benefits package, and eligibility for annual bonus
• Open minded and welcoming environment, where your ideas are taken seriously
• Continued professional development based on your career interests

You will:

• 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

You have:

• Completed degree in Economics, Finance or Business related discipline
• Good understanding of financial markets and products
• Minimum 2 years of relevant experience
• Ability to develop strong internal client relationships
• Willingness to adapt to new challenges in a dynamic environment with shifting priorities
• Strong analytical, quantitative skills and solid knowledge of Excel

What you can expect from Morgan Stanley:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Expected base pay rates for the role will be between $80,000 and $130,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).