Capital & Data Risk / IM Risk (Risk Management) : Job Level - Associate

Morgan Stanley • New York, NY

104d • $100,000 - $140,000

About The Position

We are seeking a dynamic and technically proficient Associate to join the Market Risk Capital team within FRM. This role is central to the production and optimization of Market Risk-Weighted Assets (RWA) and capital results under U.S. regulatory frameworks. The Associate will play a key role in automating capital processes, enhancing tooling infrastructure, and driving strategic initiatives that improve capital efficiency and transparency. This position offers high visibility across FRM and the broader organization, with opportunities to influence the Firm's capital strategy, regulatory compliance posture, and process innovation roadmap.

Requirements

• Bachelor's degree in a quantitative discipline (Finance, Accounting, Mathematics, Economics, STEM).
• Prior experience in risk management, capital reporting, or regulatory compliance within financial services or consulting.
• Strong understanding of market risk metrics, trading products, and capital frameworks (Basel III, FRTB, CVA).
• Proven ability to work across functions and cultures in a fast-paced, high-pressure environment.
• Excellent communication skills, with the ability to present complex topics clearly and effectively.

Responsibilities

• Lead BAU production of market risk capital requirements for Firm and US Legal Entities under U.S. regulatory frameworks, ensuring accuracy, timeliness, and regulatory alignment.
• Design and implement automation solutions to streamline capital workflows, reduce manual intervention, and improve scalability.
• Develop and enhance tooling for capital analytics, reporting, and diagnostics, in collaboration with Technology and Risk Analytics teams.
• Drive capital optimization initiatives by identifying inefficiencies, analyzing capital drivers, and recommending actionable improvements.
• Partner with Market Risk managers and business units to provide capital advisory, including risk concentration analysis and strategic capital impact assessments.
• Represent the team in regulatory exams, audits, and external reviews, articulating capital methodologies and process enhancements.

Benefits

• Comprehensive employee benefits and perks
• Opportunities for career advancement within the company
• Support for employees and their families at every point along their work-life journey

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees