Market Risk (Risk Management) : Job Level - Associate

Morgan Stanley • New York, NY

10d

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 FRM's Market Risk Department (MRD) which is a team dedicated to providing governance and oversight of all market risks arising from the Firm's business activities. The successful candidate will be based in New York and will provide market risk coverage of the Firm's extensive private equity investment portfolio within the Morgan Stanley Institutional Securities Group (ISG) and Morgan Stanley Investment Management (MSIM). The team covers a wide variety of products such as: Community Reinvestment Act (CRA) funds, Renewable portfolio and strategic partnerships as well as private credit & equity, real estate, infrastructure funds, CLOs, multi-asset mutual funds, money market funds and associated hedges (Equities, Rates, FX and Credit).

Requirements

• Bachelor's degree from a 4-year accredited university or equivalent international degree
• Preferred 1 to 5 years of post-graduate work, or military experience
• Self-motivated, curious, and adaptable with strong attention to detail and a willingness to assume extended responsibility
• Strong interpersonal skills with the ability to establish effective relationships with the business unit and external groups
• Excellent communication skills, both verbal and written; ability to produce concise and effective presentations
• Ability to work on multiple projects and deliverables simultaneously, consistently meeting deadlines
• Willingness to question established processes and seek to improve them

Nice To Haves

• Desired proficiency in Excel and SQL or a working knowledge of a programming language such as Python
• Desired knowledge of Equity or Fixed Income (Rates, FX and Credit) products

Responsibilities

• Monitoring market risks including the use of metrics such as Value-at-Risk (VaR), Greeks, limits, and scenario analysis tools daily
• Provide independent oversight of all market risks related to the Firm's investments portfolio and help create presentations articulating key risks and portfolio changes to senior management in a timely fashion
• Enhance the group's stress testing and risk reporting by streamlining the process. Work on data enhancement and infrastructure projects to improve reporting capabilities for more effective risk management and improve the limit framework
• Maintain active dialogue with business units, risk management colleagues, and support groups regarding business activities
• Regularly perform deep dives into the Firm's portfolio and ensure the Firm's inventory of key risks is up-to-date and accurate

What This Job Offers

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