Corporate Treasury Liquidity Planning & Coverage - Vice President/AVP

Morgan Stanley•New York, NY

1d•$110,000 - $180,000

About The Position

We're seeking someone to join our Liquidity Planning & Coverage (LP&C) team as a Vice President in Treasury to work across a variety of internal and regulatory Liquidity initiatives. In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis and advisory services of the Firm's financial and capital resources. This is a Vice President/ Director level position within the Corporate Treasury & Capital Planning Job Family which is responsible for planning, managing, forecasting and optimizing capital, liquidity and funding resources; governance oversight of Treasury and Capital Planning; setting frameworks, policies and guidelines for appropriate management of these resources; managing regulatory deliverables and exams; managing CCAR/Capital Stress Testing/Recovery and Resolution Planning (RRP) process. Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world. What you'll do in the role: - Collaborate with a varied group of colleagues in Finance and across the Firm - Responsible for and lead a significant set of deliverables, leveraging advanced understanding of Finance functional area, product and/or client segment - Proactively identify emerging risks in individual and department work and contribute to strategies for mitigating them - Act as a role model and culture carrier; Embody and set an example of the Firm's values and hold yourself and others accountable to Firm standards - Set and analyze Morgan Stanley's liquidity requirements driven by internal and regulatory metrics including the Internal Liquidity Stress Test (ILST), Liquidity Coverage Ratio (LCR) and the Net Stable Funding Ratio (NSFR) - Work with Liquidity Controllers to run the various liquidity stress tests and resolve production issues as they occur - Conduct analysis and enhance the internal liquidity stress test model as needed - Coordinate with Liquidity Risk Department (LRD), Model Risk Management (MRM), Controllers and IT to implement model enhancements; includes writing business requirements and running user acceptance testing - Forecast liquidity requirements for non-bank entities as part of the Comprehensive Capital Analysis and Review (CCAR) - Work with Liquidity Controllers on attributing the liquidity reserve to each Business Unit - Conduct the forecasting of Morgan Stanley's liquidity resources and requirements under various scenarios, liaising with Corporate Treasury Forecasting and Planning team, Firm Resource Strategy (FRS), Bank Chief Investment Office (CIO) and other Finance stakeholders - Monitor Morgan Stanley's liquidity risk and keep various management committees such as Asset Liability Committees (ALCOs), and the Liquidity Risk Compliance Committee (LRCC) informed on the approach taken to manage liquidity risk - Evaluate movements in the Firm's liquidity resources and requirements and present findings to senior management, including at various management committees - Participate in the assessment of New Product Approval (NPA) - Support regulatory requests including data analysis, liaising with other groups and presentation of findings - Ensure that the liquidity stress test models and their corresponding documentation are kept up-to-date through regular recalibrations, ongoing performance monitoring and back testing - Manage, attract, develop and retain talent for team within Finance while creating an inclusive environment; translate Firmwide goals into actionable goals for department/function

Requirements

Advanced understanding of Treasury, industry, and competitive environment and technical skills, including risks and key regulations relevant to the division
Ability to provide positive and constructive feedback and acknowledge efforts of team members
Ability to articulate risk and impact to various audiences, and create plans to mitigate those risks
Well-developed analytical capabilities, including ability to summarize complex business problems and detailed analysis with clarity and brevity
Strong written and verbal communication skills, and ability to adapt to your audience
Advanced knowledge of Microsoft Office products
Ability to collaborate and build relationships
Initiative to identify problems and complete tasks without requiring instruction or guidance from a supervisor
A strong sense of organization and time management skills
Experience of working in a high-paced environment and use multi-tasking to your advantage
Previous experience in Financial services
At least 6 -10 years' relevant experience would generally be expected to find the skills required for this role

Responsibilities

Collaborate with a varied group of colleagues in Finance and across the Firm
Responsible for and lead a significant set of deliverables, leveraging advanced understanding of Finance functional area, product and/or client segment
Proactively identify emerging risks in individual and department work and contribute to strategies for mitigating them
Act as a role model and culture carrier; Embody and set an example of the Firm's values and hold yourself and others accountable to Firm standards
Set and analyze Morgan Stanley's liquidity requirements driven by internal and regulatory metrics including the Internal Liquidity Stress Test (ILST), Liquidity Coverage Ratio (LCR) and the Net Stable Funding Ratio (NSFR)
Work with Liquidity Controllers to run the various liquidity stress tests and resolve production issues as they occur
Conduct analysis and enhance the internal liquidity stress test model as needed
Coordinate with Liquidity Risk Department (LRD), Model Risk Management (MRM), Controllers and IT to implement model enhancements; includes writing business requirements and running user acceptance testing
Forecast liquidity requirements for non-bank entities as part of the Comprehensive Capital Analysis and Review (CCAR)
Work with Liquidity Controllers on attributing the liquidity reserve to each Business Unit
Conduct the forecasting of Morgan Stanley's liquidity resources and requirements under various scenarios, liaising with Corporate Treasury Forecasting and Planning team, Firm Resource Strategy (FRS), Bank Chief Investment Office (CIO) and other Finance stakeholders
Monitor Morgan Stanley's liquidity risk and keep various management committees such as Asset Liability Committees (ALCOs), and the Liquidity Risk Compliance Committee (LRCC) informed on the approach taken to manage liquidity risk
Evaluate movements in the Firm's liquidity resources and requirements and present findings to senior management, including at various management committees
Participate in the assessment of New Product Approval (NPA)
Support regulatory requests including data analysis, liaising with other groups and presentation of findings
Ensure that the liquidity stress test models and their corresponding documentation are kept up-to-date through regular recalibrations, ongoing performance monitoring and back testing
Manage, attract, develop and retain talent for team within Finance while creating an inclusive environment; translate Firmwide goals into actionable goals for department/function