Electronic Trading Risk Management Associate

Morgan Stanley•New York, NY

1d•Onsite

About The Position

The position will reside within FRM's Electronic Trading Risk team in NY. The role will cover electronic trading across all asset classes including cash, derivatives, equity and fixed income products facilitated by our ISG, US Banks, WM and IM businesses. The eTrading team within FRM oversees potential risks that electronic trading introduces, primarily across the Market and Operational Risk spectrum. The ideal candidate should have the ability and desire to learn about financial markets, have strong common sense, and be able to think critically. The risk manager will work closely with senior risk managers and connect with other groups within the Firm.

Requirements

Suitable candidates will have an excellent academic background including a degree in a quantitative discipline, such as economics, finance, sciences or engineering.
Experience in a role with direct exposure to electronic trading (Risk Management, Technology, Operational Risk) or experience in trading systems, FIX messaging, market-microstructure or market data
Knowledge of financial markets and equity product
Experience with creating and managing KRIs/KPIs with escalation through proper governance
Strong ability to think critically and desire to learn.
Proactive with the ability to work as part of a close-knit team as well as independently.
Excellent communication skills for written, graphical, and verbal presentation.
An interest in working in a fast-paced environment, often balancing multiple deliverables at one time
Strong proficiency with PowerPoint and Excel is required

Nice To Haves

Experience with trading infrastructure for Wealth Management or Investment Management Firms advantageous
VBA or other programming skills as well as a working knowledge of databases and SQL is advantageous.

Responsibilities

Overall risk management and governance of Morgan Stanley's Electronic Trading business across equities and fixed income
Assist in the continued expansion of FRM eTrading's coverage of electronic trading coverage to Morgan Stanley's non-ISG businesses (US Banks, WM, IM)
Perform analysis and behavioral review of eTrading algorithms, including controls and testing methods
Oversee eTrading limits and controls, including intraday monitoring and escalation, to ensure the business is taking risk consistent with the Firm's strategy.
Monitor and review Operational Risk Events and self-identified issues relating to or impacting eTrading
Collaborate across a diverse set of stakeholders including Sales and Trading Business Units, Quantitative Strategists, Business Unit Risk Management, Compliance, Technology and Operations.
Communicate key risks to senior management
Contribute and support global and regional Risk governance committees, forums, and working groups