Equity Derivatives Valuation Controller
- Recruiter
- Morgan Stanley
- Location
- Europe, Middle East, Africa, Hungary, Budapest
- Salary
- Unspecified
- Posted
- 12 Nov 2019
- Closes
- 19 Nov 2019
- Ref
- 3137876
- Approved employers
- Approved employer
- Job role
- Financial analyst, Financial controller
- Contract type
- Permanent
- Hours
- Full time
Education Level: Bachelor's Degree
Job Level: Analyst
Description
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.
We are looking for Equity Derivatives Valuation 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.
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
Task and 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
Qualifications
Skills desired:
- Completed Bachelor’s degree in Economics, Finance or Business related discipline and availability to work full time
- 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 a plus
If you are interested in the above opportunity, please apply by uploading your English CV here. For more information, please visit our website: www.morganstanley.com/careers
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.
For further information, and to apply, please visit our website via the “Apply” button below.
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