What are the responsibilities and job description for the Equity Derivatives Risk, Vice President position at Morgan Stanley?
We’re seeking someone to join our team as a Java Developer working on the FRV / FRTB regulation (Fundamental Review of the Trading Book), including calculation of VaR for the Equities Business.
Equity Risk System (ERS) is responsible for equity derivative risk and pricing plant (RiskViewer) that is used by traders and risk managers. RiskViewer enables trading decisions and risk management by near real-time calculation of value and risk measures of firm positions.
Within the ERS group, the Derived Market Data team is responsible for managing all structured data inputs into analytic models (e.g. dividends, rates, volatility, and correlations) for real-time pricing and end-of-day risk. This team owns the ERS derived market data platform which is responsible for data calibration using distributed processing, storage in referential and distributed databases, and real-time data distribution.
As part of a team and your responsibilities will include:
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 $150,000 and $210,000 per year at he 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).
Equity Risk System (ERS) is responsible for equity derivative risk and pricing plant (RiskViewer) that is used by traders and risk managers. RiskViewer enables trading decisions and risk management by near real-time calculation of value and risk measures of firm positions.
Within the ERS group, the Derived Market Data team is responsible for managing all structured data inputs into analytic models (e.g. dividends, rates, volatility, and correlations) for real-time pricing and end-of-day risk. This team owns the ERS derived market data platform which is responsible for data calibration using distributed processing, storage in referential and distributed databases, and real-time data distribution.
As part of a team and your responsibilities will include:
- Delivering functional enhancements to the FRTB data plants to support analytical VaR calculations
- Understanding requirements, writing production code and automated test cases and deploying new functionality to a working environment
- Working closely with colleagues from Technology and Strat teams to clarify requirements and drive change.
- 7 years of Market Risk (equity, fixed income) experience within investment banking / financial services industry
- 7 years of experience with Java server side development (Java 11 , generics, lambdas, frameworks, sockets, threads, Spring, messaging, security, JPA, REST, concurrency, design patterns, distributed processing) and relational database (Sybase, Postgres, including stored procedures & functions)
- Proven experience with agile and test-driven development
- Excellent analytical and problem-solving skills
- Strong communication skills and are a team player
- Motivated and ambitious individual looking for a challenge and have a strong and proven track record of delivery
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 $150,000 and $210,000 per year at he 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 : $150,000 - $210,000