IED - Risk Management - Associate

Morgan Stanley

2mo ago

Applications are closed

Job
Full-time
Entry Level
Banking & Finance
$150K - $165K
New York

Requirements

3+ years of experience in the financial services industry, with Listed Derivatives and/or Prime Brokerage knowledge required.
Strong quantitative and analytical skills required. Advanced degree in economics, finance, mathematics, statistics or related field preferred. FRM and/or CFA charter holder (or in the process obtaining) a plus.
An understanding of the regulatory requirements applicable to the futures markets, and a broad knowledge of the trading, operational, and risk management practices within an FCM and/or broker-dealer
This role will provide risk management expertise in complex areas and should be able to manage their own work with limited supervision
Detail oriented and able to challenge business requests with an independent mindset and expert advice
Able to provide clear and articulate guidance to internal stakeholders on policy and regulatory requirements, interacting with individuals at all levels within an organization
Strong interpersonal, verbal and written communication skills with a high level of intellectual curiosity.
Knowledge of CCPs structures and their respective margin methodologies a positive.
Strong excel and/or python skills a plus

Responsibilities

A successful candidate would be expected to:
Perform risk analysis of global multi-asset portfolios to assess market and liquidity risks, with focus on equities, rates, commodities, FX and credit.
Manage risk identification of model & portfolio assumptions, market inputs, pricing issues, and drive understanding of the design of respective risk measurement methodologies including VaR, stress testing, scenario analysis, liquidity analysis etc.
This role must work closely with the Trading, Sales, Credit and IT teams to ensure market risks are fully understood, captured and approaches challenged where necessary.
Work with market experts to develop a view of market conditions, ensuring deep understanding on inherent risk and be able to explain in a simple way both to internal decision makers and interested external parties, such as regulators, if required.
Explain margin methodologies and different risk management approaches to existing and prospective clients.
Engage with CCPs to understand drivers of exchange margins, and where necessary advocate for improvements.

FAQs

What is the primary responsibility of an IED - Risk Management - Associate?

The primary responsibility of an IED - Risk Management - Associate is to perform risk analysis of global multi-asset portfolios to assess market and liquidity risks, focusing on equities, rates, commodities, FX, and credit.

What qualifications are required for the position of IED - Risk Management - Associate?

The qualifications required for this position include 3+ years of experience in listed derivatives and/or prime brokerage, strong quantitative and analytical skills, an advanced degree in economics, finance, mathematics, statistics, or related field, and knowledge of regulatory requirements applicable to the futures markets.

What is the expected salary range for an Associate level IED - Risk Management - Associate?

The expected base pay rates for an Associate level IED - Risk Management - Associate will be between $150,000 and $165,000 per year at the commencement of employment. However, base pay will be determined on an individualized basis and is only part of the total compensation package.

What are some of the key responsibilities of an IED - Risk Management - Associate?

Some key responsibilities of an IED - Risk Management - Associate include managing risk identification of model and portfolio assumptions, market inputs, and pricing issues, working closely with trading, sales, credit, and IT teams to ensure market risks are fully understood, and explaining margin methodologies and different risk management approaches to clients.

Morgan Stanley

Finance

Industry

10,001+

Employees

1935

Founded Year

Mission & Purpose

Morgan Stanley mobilizes capital to help governments, corporations, institutions and individuals around the world achieve their financial goals. For over 85 years, the firm’s reputation for using innovative thinking to solve complex problems has been well earned and rarely matched. A consistent industry leader throughout decades of dramatic change in modern finance, Morgan Stanley will continue to break new ground in advising, serving and providing new opportunities for its clients. Morgan Stanley is committed to maintaining the first-class service and high standard of excellence that have always defined the firm. At its foundation are five core values — put clients first, do the right thing, lead with exceptional ideas, commit to diversity and inclusion, and give back — that guide its more than 70,000+ employees across 41 countries.