Associate, Risk/Policy Management

Morgan Stanley•New York, NY

4d•Hybrid

About The Position

Morgan Stanley Services Group, Inc. is seeking an Associate, Risk/Policy Management in New York, NY to monitor market risks for Equity Investments, including the use of metrics such as, Greeks, limits, and scenario analysis tools daily. Perform deep dives into the Firm's portfolio, across Public and Private Credit/Equity funds to ensure the Firm's inventory of key risks is up-to-date and accurate. Create and maintain a limit framework, coherent with the business risk profile and projected growth. Create presentations articulating key risks and portfolio changes to senior management in a timely fashion. Work on data enhancement and infrastructure projects to improve reporting capabilities, to achieve more effective risk management and improve the limit framework. Design and implement a broad range of financial stress testing scenarios for regulatory, firm-wide and ad-hoc scenarios. Contribute to Capital requirement calculation, including Value at risk and FRTB Framework. Prepare the annual CCAR scenario shocks, including effective challenge of risk descriptions, materiality assessments, scenario capture and stress drivers. Liaise with team members and Risk Managers to complete Regulatory Stress Testing documentation. Analyze market risk stress testing results for internal committees and external regulators, with focus on Comprehensive Capital Analysis and Review (CCAR) submission. Stay abreast of market trends, emerging risks and macro-economic themes. Enhance the Firms’ stress testing frameworks to ensure best-in-class capabilities.

Requirements

Master’s in Finance, Economics, or a closely related field of study.
Two (2) years of experience in the position offered or two (2) years as an Analyst, Associate, Consultant, Risk Management, or a closely related occupation.
Manage market risk for Public and Private investment Funds
Design market risk limit framework
Maintain and update portfolio risk inventory
Monitor portfolio hedges and calculate the basis on the investments
Improve data infrastructure to enhance market risk reporting and enrich data capabilities in line with Product Owner in the Agile construct
Design stress testing scenarios coherent with scenario narrative and portfolio vulnerabilities
Analyze stress testing results
Monitor and analyze daily Value at Risk
Develop PowerBI reports, and program using SQL and VBA.

Responsibilities

Monitor market risks for Equity Investments, including the use of metrics such as, Greeks, limits, and scenario analysis tools daily.
Perform deep dives into the Firm's portfolio, across Public and Private Credit/Equity funds to ensure the Firm's inventory of key risks is up-to-date and accurate.
Create and maintain a limit framework, coherent with the business risk profile and projected growth.
Create presentations articulating key risks and portfolio changes to senior management in a timely fashion.
Work on data enhancement and infrastructure projects to improve reporting capabilities, to achieve more effective risk management and improve the limit framework.
Design and implement a broad range of financial stress testing scenarios for regulatory, firm-wide and ad-hoc scenarios.
Contribute to Capital requirement calculation, including Value at risk and FRTB Framework.
Prepare the annual CCAR scenario shocks, including effective challenge of risk descriptions, materiality assessments, scenario capture and stress drivers.
Liaise with team members and Risk Managers to complete Regulatory Stress Testing documentation.
Analyze market risk stress testing results for internal committees and external regulators, with focus on Comprehensive Capital Analysis and Review (CCAR) submission.
Stay abreast of market trends, emerging risks and macro-economic themes.
Enhance the Firms’ stress testing frameworks to ensure best-in-class capabilities.