Market Risk (Risk Management) : Job Level - Associate
About The Position
Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks. Background on the Position The role will reside within the Firm Risk Management's Market Risk Department (MRD) which is a team dedicated to providing governance and oversight of all market risk arising from the Firm's business activities. The successful candidate will join the New York MRD's Equity coverage team with responsibilities for the full spectrum of products traded within Morgan Stanley's Institutional Equities Division (IED), including vanilla and exotic options, variance swaps, convertible bonds, cash equities, swaps etc. This role is hybrid and currently requires in office attendance 3 days/week. The in-office requirement is subject to change at any time.
Requirements
- Candidate must have a bachelor's degree at a minimum and 1-2 years of experience, or equivalent military service
- Curiosity and self-motivation to develop expertise in financial products, markets, and risk management practices
- An entrepreneurial mindset and the motivation to develop risk processes and frameworks from scratch
- Strong proficiency with a variety of technology tools, including analyzing large data sets using tools such as Excel, Python, or SQL
- Highly developed oral and written communication skills which can be used to prepare and present risk information to a variety of audiences
Responsibilities
- Maintain on-going dialogue with trading desks and Front Office support groups regarding positioning, market developments, trading strategies, limit usage, and risk representation of new trades
- Monitor market risks through the review of portfolio risk sensitivities, Value-at-risk (VaR), stress scenario analysis and limit monitoring - in particular at various legal entities
- Support projects involving your coverage area, such as market risk modelling enhancements, development of stress tests, or regulatory initiatives (e.g. Fundamental Review of the Trading Book)
- Collaborate closely with colleagues from the global Market Risk Department and other support groups, including Finance and Technology
- Perform regular deep dives on topical products, clients, and help create presentations articulating key risks and portfolio changes to regulators and senior management in a timely fashion
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Number of Employees
5,001-10,000 employees
