Market Risk Manager - Credit Flow & Index, Analyst / Associate
London
JR032331
The role will reside within Firm Risk Management's Market Risk Department. The Market Risk Management Division (MRD) is responsible for the independent identification, analysis, reporting and escalation of all market risk exposures arising from EMEA business activities, acting independently of business management and providing an effective challenge process.
The role sits within the Traded Credit Risk team which covers both flow and structured products. The successful candidate will be primarily focused on the credit flow part of the business: risk managing index, tranche and index option market making. There will also be the opportunity to gain exposure to other parts of the credit business.
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.
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?
• As a desk-facing manager, engagement with traders, trading management and strategists with appropriate escalation of risks identified to senior risk managers. Close collaboration with the credit, finance, valuation control functions
• Understand and explain relationship between risks and pnl volatility
• Contribute to the assessment of the suitability and performance of pricing, risk and capital models and work with relevant groups to address material deficiencies
• Real-time involvement in approval of large transactions. Performing deal analysis, including independently assessing emerging risks, agreeing hedging strategies with the Front Office
• Data analysis through SQL, Python, Excel(either existing technical skills or willingness to learn)
• Involvement in strategic Firm initiatives such as FRTB, ICAAP, stress testing and infrastructure enhancement projects
What we’re looking for:
• Degree, or equivalent, in a quantitative subject, mathematics or statistics
• Some experience in risk management and / or quantitative field in a sell-side institution with exposure to credit markets would be preferred
• Analytical and problem-solving skills
• Ability to effectively communicate with a wide range of stakeholders
• Strong attention to detail, experience with programming languages (e.g. Python, R)
• Strong organizational skills with an interest in working in a fast-paced environment, often balancing multiple high priority deliverables
Skills that will help you in the role:
• Confidence to take ideas forward and to challenge others
• Ability to work independently in a self-directed way in a collaborative, team-oriented environment
Where will you be working?
This role is based at 20 Bank Street, London.
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.
