Prime Brokerage, Cleared Listed Derivatives Non-Market Risk - Executive Director

Morgan Stanley • New York, NY

1d

About The Position

We’re seeking someone to join our Prime Brokerage Business Control Unit (BCU) team as an Executive Director focused on Cleared Listed Derivatives (Futures and Options). The individual will be responsible for overseeing and enhancing the non‑market risk framework, governance, and control environment for the listed derivatives clearing business. This includes front‑to‑back engagement across product strategy, operational processes, regulatory compliance, and risk management. The role requires close partnership with business leadership, trading, sales, risk and compliance functions, as well as coordination across global regions, to ensure a robust and scalable control framework that supports business growth and evolving regulatory expectations.

Requirements

• 12 - 15+ years of relevant experience in Financial Services, with strong exposure to listed derivatives (futures and options)
• Strong understanding of the listed derivatives lifecycle, including clearing, margining, settlement, and exchange/clearing house models
• Familiarity with regulatory frameworks governing futures and options markets
• Proven ability to partner with front office and control functions and influence outcomes across senior stakeholders
• Strong analytical skills with the ability to assess complex workflows and risk scenarios
• Demonstrated ability to drive initiatives, improve processes, and implement controls in a fast‑paced environment
• Excellent written and verbal communication skills, with the ability to clearly articulate risks, issues, and recommendations
• Strong project management and organizational skills, with high attention to detail
• Proficiency in Microsoft Office applications (Excel, Word, PowerPoint)

Nice To Haves

• Direct experience in trading, sales, risk management, or compliance within futures and options markets is strongly preferred

Responsibilities

• Enhancing the risk and control framework for cleared listed derivatives, including futures and options clearing across global markets
• Overseeing governance, escalation, and exception management processes, ensuring consistency and transparency across products and regions
• Partnering with trading, sales, risk, and compliance stakeholders to identify, assess, and mitigate operational and regulatory risks
• Driving strategic initiatives related to listed derivatives clearing, including product development, onboarding, and change management
• Leading governance forums and risk reviews, including preparation of materials for senior management and risk committees
• Coordinating across global teams (Operations, Technology, Credit Risk, Compliance) to standardize processes and improve efficiency
• Supporting regulatory engagements and ensuring adherence to applicable rules for futures and options markets
• Building management information (MIS), KPIs, and KRIs to provide transparency into risk exposures and control effectiveness

Benefits

• Ample opportunity to move about the business for those who show passion and grit in their work.
• Attractive and comprehensive employee benefits and perks in the industry.
• Support for employees and their families at every point along their work-life journey.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Education Level: No Education Listed