What are the responsibilities and job description for the Associate, Risk / Policy Management position at Morgan Stanley?
Company Profile
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment, and wealth management services. The Firm's employees serve clients worldwide, including corporations, governments, and individuals from more than 1,200 offices in 43 countries.
In the Prime Brokerage and Institutional Equity division, we provide our clients around the world with intellectual insights and innovative product solutions and services that help them generate alpha.
What You’ll Do In The Role
Morgan Stanley & Co. LLC seeks an Associate, Risk / Policy Management in New York, NY to perform risk analysis of global multi-asset portfolios to assess market and liquidity risks, with a focus on equities, rates, commodities, FX, and credit. Manage risk identification of model and portfolio assumptions, market inputs, pricing issues, and drive understanding of the design of respective risk measurement methodologies including VaR, stress testing, scenario analysis, and liquidity analysis. 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 of inherent risk and be able to explain it simply to both 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 advocate for improvements where necessary.
What You’ll Bring To The Role
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.
Expected base pay rates for the role will be between $195,000 and $195,000 per 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).
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment, and wealth management services. The Firm's employees serve clients worldwide, including corporations, governments, and individuals from more than 1,200 offices in 43 countries.
In the Prime Brokerage and Institutional Equity division, we provide our clients around the world with intellectual insights and innovative product solutions and services that help them generate alpha.
What You’ll Do In The Role
Morgan Stanley & Co. LLC seeks an Associate, Risk / Policy Management in New York, NY to perform risk analysis of global multi-asset portfolios to assess market and liquidity risks, with a focus on equities, rates, commodities, FX, and credit. Manage risk identification of model and portfolio assumptions, market inputs, pricing issues, and drive understanding of the design of respective risk measurement methodologies including VaR, stress testing, scenario analysis, and liquidity analysis. 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 of inherent risk and be able to explain it simply to both 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 advocate for improvements where necessary.
What You’ll Bring To The Role
- Requires a Master’s in Finance, Economics, or a related field
- Requires three (3) years of experience in the position offered or three (3) years as an Associate, Analyst, or a related occupation
- Requires three (3) years of experience with the following skills:
- financial services domains including:
- Listed/OTC Derivatives, OR
- Prime Derivatives ,
- Capital Markets and risk concepts including: hedging, leverage, Value at Risk (VaR), stress testing and scenario analysis;
- trading strategies;
- managing market risk across multi-asset portfolios of listed and OTC derivatives including: equities, rates, commodities, and credit;
- Managing projects;
- driving process automation;
- and analyzing data to identify trends and patterns are also required.
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.
Expected base pay rates for the role will be between $195,000 and $195,000 per 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).
Salary : $195,000