Job Information
Morgan Stanley Vice President, Market Risk (Risk Management) in New York, New York
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.
Primary Responsibilities
Identify and analyze risk across all trading business areas and asset classes Perform daily analysis and commentary on market risk exposures, portfolio metrics such as Value at Risk (VaR) and stress testing for senior management. Continuously monitor financial markets and economic conditions to identify emerging risks that could impact the firm Engage and build relationships with colleagues across the firm to develop an understanding of risk issues that could affect the firm Lead projects, coordinate ad-hoc analysis, and serve as a key point of contact across market risk stakeholders
Experience
Candidate must have a bachelor's degree with a concentration in quantitative subject 5 years' experience in market risk or a similar risk management role Understanding of risk management concepts such as scenario analysis, Value at Risk (VaR), stress testing, risk measures/greeks, and regulatory capital frameworks Strong proficiency with a variety of technology tools, including analyzing large data sets using tools such as Python and SQL Highly developed oral and written communication skills which can be used to prepare and present risk information to a variety of stakeholders at different levels of seniority Strong collaboration skills with the ability to liaise with a broad range of colleagues across departments and senior management Attention to detail, project management, and prioritization skills will also be key in balancing daily deadlines with timely implementation of strategic projects Direct product knowledge in Fixed Income, Credit, and/or Equity products is desirable but not essential
Experience
Candidate must have a bachelor's degree with a concentration in quantitative subject 5 years' experience in market risk or a similar risk management role Understanding of risk management concepts such as scenario analysis, Value at Risk (VaR), stress testing, risk measures/greeks, and regulatory capital frameworks Strong proficiency with a variety of technology tools, including analyzing large data sets using tools such as Python and SQL Highly developed oral and written communication skills which can be used to prepare and present risk information to a variety of stakeholders at different levels of seniority Strong collaboration skills with the ability to liaise with a broad range of colleagues across departments and senior management Attention to detail, project management, and prioritization skills will also be key in balancing daily deadlines with timely implementation of strategic projects Direct product knowledge in Fixed Income, Credit, and/or Equity products is desirable but not essential
Expected base pay rates for the role will be between $120,000 and $200,000 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).
Job: *Market Risk
Title: Vice President, Market Risk (Risk Management)
Location: New York-New York
Requisition ID: 3255099