Risk Management, Market Risk Manager, Associate
London
JR032851

The role will reside within Firm Risk Management's Market Risk Department. The Market Risk Management Division (MRD) is responsible for the independent identification, analysis, reporting and escalation of all market risk exposures arising from EMEA business activities, acting independently of business management and providing an effective challenge process.

The successful candidate will join the EMEA Market Risk Portfolio function which provides cross asset legal entity risk coverage with teams in both London and Budapest.

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.

About Morgan Stanley Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. We can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

• What will you be doing?
• Analysis and explain of Market Risk portfolio metrics such as VaR and IRC, including active engagement with senior stakeholders to explain drivers
• Understanding basic trade pay-offs, risks profiles and impact of risk changes on portfolio metrics
• Understand and analyse the implications of upstream changes of Risk Data
• Provision of timely and accurate analysis
• Contribute to the assessment of the suitability and performance of risk and capital models and work with relevant groups to address material deficiencies
• Timely and accurate data analysis through SQL, Python, Excel including the development and enhancement of tooling to facilitate analysis
• Ability to summarize large amounts of information into actionable data for senior members of the department
• Involvement in strategic Firm initiatives such as FRTB and infrastructure enhancement projects

What we’re looking for:

• Bachelor's degree or equivalent, in a quantitative subject such as mathematics, statistics or economics (preferred)
• 2+ years experience in risk management
• Understanding of key market risk concepts (e.g. traded products, Greeks, VaR, IRC, stress testing, risk/limit management)
• Comfortable handling large datasets using database and query tools. Programming skills in Python and SQL (preferred)
• Analytical and problem-solving skills
• Strong attention to detail and ability to provide information in succinct formats (proficiency in Microsoft office, including Excel, PowerPoint and Word)

Skills that will help you in the role:

• Ability to work independently in a self-directed way in a collaborative, team-oriented environment
• Ability to effectively communicate with a wide range of stakeholders
• Strong organizational skills with an interest in working in a fast-paced environment, often balancing multiple high priority deliverables.

Where will you be working?This role is based at 20 Bank Street, London.

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.

Certified Persons Regulatory Requirements: If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.