Market Risk Analytics Associate- Equities

Morgan Stanley • New York, NY

5d • $100,000 - $140,000 • Hybrid

About The Position

Develop and enhance market risk VaR, RNIV, and FRTB models in Commodity and Equity asset classes; > Analyze, understand, and explain the changes in risk metrics due to model and position changes; > Respond to model validation, audit, regulatory requests; > Interact with various Risk departments within the Firm including Commodity and Equity Front Office strategists, Market Risk Managers, Model Risk Management and Risk IT. Firm Risk Management values diversity and is committed to providing a supportive and inclusive workplace for all employees. This role is hybrid and currently requires in office attendance 3 days/week. The in office requirement is subject to change at any time. We do it in a way that's differentiated - and we've done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser. Expected base pay rates for the role will be between $100,000 and $140,000 year at the commencement of employment. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Requirements

• Master's degree in Quantitative Finance, Economics, Math, Physics, Engineering or a related field of study
• Python coding skill required
• SQL experience preferred
• Prefer some experience with VaR, Risks Not in VaR, Basel framework and FRTB rules
• Strong skills in communication, critical thinking, problem solving, and collaboration
• Knowledge and broad interest in financial market and derivatives
• Knowledge and broad interest in risk management, and regulation
• Close attention to details and ability to provide information in a usable format

Nice To Haves

• Experience in developing model in a production environment is a plus

Responsibilities

• Develop and enhance market risk VaR, RNIV, and FRTB models in Commodity and Equity asset classes
• Analyze, understand, and explain the changes in risk metrics due to model and position changes
• Respond to model validation, audit, regulatory requests
• Interact with various Risk departments within the Firm including Commodity and Equity Front Office strategists, Market Risk Managers, Model Risk Management and Risk IT

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level