Margins Risk Analyst, AVP

Morgan Stanley • Chicago, IL

1d

About The Position

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals. Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture. Wealth Management (WM) Platforms manages industry-leading platforms, across all WM channels and client segments, to provide a unified digital experience, unlock growth, and deliver efficiencies for Advisors, Clients, and Institutions. WM Platforms consists of nine sub-teams including: Field Experience & Platforms, Digital Client Experience & Platforms, Workplace Platforms, Automation & Workflow Solutions, Digital Trading & Investing, UX Design & Research, Strategy & Execution. Business Control & Support, and the Chief Operating Office. The Business Control & Support Team manages 1st Line Operational Risk / Business Control Unit (BCU) functions for WM Platforms, including Digital Direct Securities-Based Lending Risk Management, Digital Direct Securities-Based Lending, Traded Products Risk and Middle Office Product Management, Digital Direct Order Room and Digital Direct International Retail Brokerage. Summary We are seeking to hire a Risk Analyst with a primary role of executing and managing Risk Oversight for our Retail Self-Directed line of business with a strong understanding of Portfolio Margin Accounts. This will include researching and resolving complex account issues related to Margin Lending, Balances and Buying Power review, Option Strategy risk analysis, account liquidations, and any other trading related activities across futures, equities, and options. The desired candidate must be experienced in solving complex equity, index, and margin related issue, taking appropriate market action to mitigate risk, and conveying findings and recommendations for process improvements to a diverse audience. The candidate must be self-motivated and willingly to accept new responsibilities as the group and the organization grows. Systems experience is a plus but is not explicitly required.

Requirements

• 3-5+ years of work experience in the broker-dealer space, preferably in Equity, Options & Futures markets
• Strong understanding of margin, balances and buying power, Portfolio Margin, and online brokerage operations considered valuable
• Providing constructive feedback
• Willingness and desire to learn new skills related to all aspects of brokerage operations to advance within the firm
• Working regulatory knowledge of FINRA 4210, and Federal regulations T and U
• Ability to clearly articulate complex ideas to any audience within the organization
• Solid understanding of trading strategies, and the financial market landscape
• Detail-oriented and have a proactive approach to identifying risk
• Strong understanding of equity and index option strategy, pairing logic, universal spread logic, pricing, and market mechanics
• Willingness to accept occasional travel, as needed
• Flexible work hours are essential.
• Pays close attention to detail

Nice To Haves

• Systems experience is a plus but is not explicitly required.

Responsibilities

• Initiate, review, or manage exceptions to the firm’s current margin policy & framework
• Daily monitoring of market and impact on firm’s book of business
• Daily monitoring and liquidation of at-risk customer accounts
• Act on at-risk accounts for reasons relating to firm policy, market conditions, or individual account behavior
• Monitoring and oversight of client margin accounts for trading and concentration risk
• Collect research and analyze client account information including futures, high value equities, and complex options to determine margin call and risk.
• Execute on various risk-based stress models at the client account level and market risk factors
• Support customer service in identifying, managing, and resolving client margin account issues; supplement customer interaction with specific recommendations and explanation
• Coordinate sell out decisions with the Margin Operations team that provide the least financial loss to the client in high pressure and fast-moving market conditions
• Escalate risk related issues to various heads of business
• Participate in cross-functional initiatives aimed at strengthening trade risk management, formulating policy in response to changes in the market and the marketplace, and improve systems used to manage risk and execute client orders
• Provide regular reporting to direct management
• Contribute positively to the client experience by developing and sharing new trade and risk management ideas to the broader organization

Benefits

• Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and X Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees