About the Firm
Morgan Stanley (NYSE: MS) is a leading global financial services firm providing investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals.
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.
About the Division
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, 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..
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, Tokyo and Budapest
- 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
Key Responsibilities
- Undertake monthly independent valuations of a global portfolio of credit financial products 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
QUALIFICATIONS
Qualifications, Skills & Requirements
- Completed degree in Economics, Finance or Business related discipline
- Minimum 5 years of relevant experience
- Good understanding of and interest in the financial markets and products
- 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
- People management experience is an advantage