Currently we are seeing an experienced VP level candidate to join the Counterparty Risk team in London. This team is responsible for monitoring and managing the market risk of multi-asset portfolios in Prime Brokerage, Listed Derivatives, OTC cleared derivatives, and FX Prime Brokerage on both an intraday and overnight risk basis. Our client base includes large institutional fund managers, hedge funds, CTAs, market makers, international corporations and broker dealers.
The Institutional Equity Division (IED) is a global leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. The Firm’s equity Sales & Trading operations provide liquidity, distribute content, and create product solutions to help our clients generate alpha. The Equity Financing Products department acts as a strategic partner to more than 800 top hedge fund managers: executing and clearing trades across asset classes, time zones, and currencies; providing financing and expertise to help manage risk and benefit from technology; and consults to help launch new funds and connect them with potential investors.
About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. We can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
What will you be doing?
- Perform risk analysis of global multi-asset portfolios to assess market and liquidity risks, with focus on equities, rates, commodities, FX and credit.
- Participate in the client onboarding process including due diligence calls, sample portfolio analysis, documentation negotiation, and more.
- Maintain regular client dialogue on proposed portfolios or limit requests and be articulate Morgan Stanley’s margin methodologies and risk management approach.
- Work closely with Trading, Sales, Credit, and IT teams to ensure market risks are fully understood, captured and approaches challenged where necessary.
- Engage market experts to develop views of market conditions, ensuring a deep understanding of inherent risk and be able to explain concisely to internal decision makers and interested external parties, such as regulators, if required.
- Interact regularly with exchanges and CCPs to understand drivers of exchange margin methodologies and be an advocate for improvements where necessary.
- 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, liquidity analysis, and more.
What we’re looking for:
- Strong quantitative and analytical skills required. Advanced degree in economics, finance, mathematics, statistics or related field preferred.
- Product knowledge in Listed Derivatives and OTC Clearing including futures, options, interest rate swaps, inflation swaps and credit default swaps.
- Ability to self-manage priority queues and operate effectively with limited supervision.
- 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.
- Strong interpersonal, verbal and written communication skills with a high level of intellectual curiosity for markets. Candidate must be able to communicate in a concise and articulate manner to internal stakeholders across the organization as well as clients, CCPs, and regulators.
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WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
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.
Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.
Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.
