Firm Risk Management

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

Primary Responsibilities

• As a desk-facing manager, engagement with traders, trading management and strategists with appropriate escalation of risks identified to senior risk managers. Close collaboration with the credit, finance, valuation control functions.
• Real-time involvement in approval of complex & large transactions. Performing deal analysis, including independently assessing overlooked risks, agreeing hedging strategies with the Front Office, determining approval standards and writing concise decision support briefs. Ultimately providing formal approval / veto to senior risk managers.
• Understand and explain relationship between risks and pnl volatility.
• Contribute to the assessment of the suitability and performance of pricing, risk and capital models and work with relevant groups to address material deficiencies.
• Development of risk methodologies, stress scenarios and tools. Involvement in system improvement working closely with traders, quantitative analysts, IT and other groups within the Firm
• Data exploration (through SQL, Python, Excel, VBA) in order to shed light onto new risks. Either existing technical skills or willingness to pick those up.

Experience

• Degree, or equivalent, in a quantitative subject, mathematics or statistics
• 6+ years experience in risk management and / or quantitative field in a sell-side institution
• Knowledge of Equity markets and products is a key benefit
• Strong analytical and problem-solving skills
• 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 attention to detail and ability to provide information in usable formats (proficiency in Microsoft office, including Excel, PowerPoint and Word)
• Strong organizational skills with an interest in working in a fast-paced environment, often balancing multiple high priority deliverables.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.
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.