Prime Brokerage Risk Overview

The Prime Brokerage Risk team is dedicated to the meticulous monitoring and management of Counterparty risk across multi-asset portfolios, encompassing Futures & OTC Clearing, OTC derivatives, and Prime Brokerage. This oversight is conducted on both an intraday and overnight basis to ensure comprehensive risk management. The Prime Brokerage Counterparty Risk Team is integral to the PB & Derivatives Clearing businesses; they participate in sales pitches, speak to clients daily regarding their trading strategies, and ensure that the respective risks faced in these businesses are understood and balanced with the commercial opportunities of the relationship

The client base includes large institutional fund managers, hedge funds, CTAs, market makers, international corporations, and broker-dealers. We are staffed globally with offices in New York, London, Hong Kong, and Mumbai.

Prime Analytics Team Responsibilities

Within the global Risk team, the Prime Analytics group plays a pivotal role in the development and enhancement of analytics used to manage risk in client portfolios. Their key responsibilities include:

• Stress Test Scenario Design: Crafting and refining stress test scenarios to evaluate potential risk exposures.

• Crowding Metrics: Developing sophisticated analytics to identify risk focus areas, particularly through portfolio crowding metrics.

• Client Risk Measurement: Assessing client risks and performance attribution in relation to various risk factors.

• Key Themes and Trends Monitoring: Observing and communicating significant themes and trends for Quant and Long/Short (L/S) clients.

• Strategic Initiatives: Undertaking various strategic initiatives to support the business.

We are currently seeking a talented individual to join the Prime Analytics group in our New York office. The ideal candidate will possess the following qualifications:

• Quantitative and Analytical Skills: Strong quantitative and analytical abilities, with a preferred graduate degree in mathematics, statistics, finance, or a related field.

• Programming Proficiency: Proficiency in writing code, ideally in Python, to conduct research and automate processes.

• Risk Management Analytics: Capability to develop analytics and metrics that enhance risk management of portfolios with quantitative trading strategies.

• Equity Risk Factor Models: Knowledge of Equity Risk Factor Models such as Barra and their application on Long/Short Portfolios.

• Market Conditions Insight: Collaborating with market experts to develop a comprehensive view of market conditions and effectively communicate inherent risks.

• Independent Work Ethic: Self-motivated with the ability to work independently, while maintaining a detail-oriented approach.

• Business Request Evaluation: Ability to challenge business requests with an independent mindset and provide expert advice.

• Additional Skills: Ability to effectively communicate ideas, solve problems, and work collaboratively in a team setting.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. 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. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. 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 $150,000 and $250,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. 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.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).