Valuation Review Group Controller – Commodities (94388) recruitment
This role is within the Valuation Risk Group (VRG), which is part of the Financial Control Group. The VRG group is a high profile team within Morgan Stanley with a strong reputation for valuation control excellence and advanced product technical knowledge.
The team is responsible for all valuation issues in respect of their product areas, in particular, external price testing, valuation adjustment (reserving) methodologies, and reviews of both the valuation and modeling of significant new complex trades.
Responsibilities
- Production and reporting of the monthly mark review to ensure positions are marked correctly in the firm’s books and records. As many of the positions are illiquid, this requires working with both the Front Office quantitative team and Model Risk quantitative team within VRG to develop innovative valuation techniques
- Gaining a full understanding of the products traded by the desk and their marking/valuation adjustment methodologies
- Performance of documented reviews of the modeling and parameter mark review methodologies of significant new transactions for presentation to management
- Regular contact with Business Unit Controllers
- Project work as required on new systems and functionality enhancements
Skills required
- Prior commodities product experience gained from an external price testing role or related product control function.
- Degree A-Levels in a numerate subject/s (Mathematics, Engineering, and Economics) or equivalent.
- Ability to deliver effective valuation control.
- The candidate will be expected to work to tight monthly deadlines.
- Self confidence, good communication skills and a strong team player.
Skills Desired
- Completed accountancy qualification: ACA /CIMA or equivalent
July 15, 2011
• Tags: Accounting & Finance careers in the UK, Commodities (94388) recruitment, Valuation Review Group Controller • Posted in: Financial