Job Information
Morgan Stanley Associate in New York, New York
Morgan Stanley Services Group Inc.seeks to fillthe position of Associatein New York, NY.**
Perform analysis of the potential risks and rewards for large corporate derivative and exotic derivative transactions. Conduct in-depth analysis of trading desk activities to quantify, assess, and communicate risks to senior leadership on an ongoing, real-time basis. Monitor risks relating to U.S. legal entities with a particular focus on the identification of exposures and vulnerabilities. Perform analyses of stress scenarios, including design and validation, to assess potential losses the bank may face during a market selloff. Oversee the monitoring and enhancement of reporting capabilities of commodities exposure within the Equities business. Review VaR to ensure accuracy and identify drivers of changes, monitor risk limits, highlight, and resolve limit overages partnering with Business Unit and desks. Review of risk metrics and results of various market risk models to ensure appropriate capture of exposures and compliance with regulatory requirements, such as the Fundamental Review of Trading Book (FRTB).
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Salary: Expected base pay rates for the rolewill bebetween $130000and $140000per 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.
Requirements:
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Requires a Master's degree in Finance, Financial Risk Management, or a related field plus two (2) years of experience in the position offered or two (2) years of experience as an Analyst, or a related occupation. Two (2) years of experience: Utilizing a quantitative approach to analyze global financial markets and products; Leveraging option theory and greeks to assess multiple risk factors across asset classes including equities, commodities, rates; Reviewing risks associated with structured and non-linear products; Analyzing and recommending approval of large corporate transactions including Margin Loans, Barrier options and QIS indices; Utilizing risk management techniques and processes including VaR, RNIV, stress testing design and validation, and back testing; Programming in SQL and Python to develop reports that give visibility to hidden risks; Collaborating across functional teams to deliver and test regulatory projects including for CCAR and FRTB; applying knowledge of stochastic calculus in derivatives pricing models; Performing P&L analysis and derivatives attribution; and Performing stress testing and scenario design that meet to regulatory requirements.
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Qualified Applicants:To apply, visit us at https://ms.taleo.net/careersection/2/jobsearch.ftl?lang=en Scroll down and enter3245110as the “Job Number” and click “Search jobs.” No calls please. EOE
Job: *Risk Management
Title: Associate
Location: New York-New York
Requisition ID: 3245110