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. This role is located on the located on the trading floor in New York, as part of the market risk coverage team for the commodities division. This role encompasses extensive interaction with trading teams, various risk functions, IT and other control groups, with a particular focus on day-to-day market risk management, scenario analysis and stress testing for the commodities business which includes Power and Gas, Emissions, Oil and Products, Metals and Agricultural Products. 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
- Strong quantitative and technical skills (e.g. SQL, R, Matlab, Python, Excel)
- Detail oriented with exceptional organizational skills, analytical thinking, and problem-solving abilities
- Strong communication and presentation skills
- Proficiency in MS Office and related applications (PowerPoint, Excel, Word)
- Familiarity with VaR calculations, stress testing and scenario analysis for derivatives products, FRM or ERP certifications are a plus
Responsibilities
- Provide in-depth market risk analyses across various commodities desks/products and escalate key risks to senior management
- Monitor market risks through review of portfolio risk sensitivities, Value-at-risk (VaR), stress scenario analysis and limit management.
- Work closely with various Front Office teams, colleagues from the global FRM team, technology teams, to ensure that key risks are identified, measured, managed and produced on a timely and accurate basis
- Maintain constant dialogue with commodities trading desks and front office support groups regarding trading strategies, limit usage, and risk representation of client transactions
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
