This job has expired, please see additional jobs below
Market Risk Department Risk Analytics – Associate/Vice President
Morgan Stanley
New York, NY, United States
Job Details - this job has expired, please see similar jobs below
Description
Company Profile
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management 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.
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. Morgan Stanley 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.
Department Profile
The cornerstone of Morgan Stanley's risk management philosophy is the execution of risk-adjusted returns through prudent risk-taking that protects Morgan Stanley's capital base and franchise. Risk Management protects the Firm from exposure to losses resulting from market, credit and operational risk exposures. The Market Risk Department (MRD) provides independent market risk oversight across the Firm’s trading activities. This encompasses risk monitoring and analysis, as well as reporting, capital calculation and regulatory functions.
Primary Responsibilities
Morgan Stanley is seeking an Associate in its Market Risk Analytics department. The Market Risk Analytics group develops, maintains and monitors the performance of market risk (VaR, Stressed VaR, IRC and CRM) and stress testing models for Morgan Stanley’s portfolio of assets, as required by the regulatory framework and the Firm’s risk management needs.
-The position requires the ability to undertake research, modeling, development and analysis to ensure appropriate modeling and capture of risk, regulatory capital calculation, ongoing compliance with regulatory requirements, as well as the ability to communicate effectively.
-The role will require the ability to analyze and understand changes in risk metrics due to model/position changes to ensure the changes are as expected.
-Responsibilities also include responding to audit, regulatory requests on a timely and accurate basis and working closely with other departments.
-The position requires interacting with various Risk departments within the Firm including Market Risk, Credit Risk and Risk IT.
Qualifications
Skills required (essential)
-Masters in a quantitative field such as Finance, Economics, Engineering or Mathematics, or equivalent
-Strong communication, leadership and project management skills (role requires effective collaboration and consensus-building across a range of functional groups)
-Analytical thinking and problem solving skills
-Ability to present complex issues clearly, both verbally and in writing, is essential
-Attention to detail and the ability to work thoughtfully and independently and manage multiple projects
-Proficient in Excel and VBA, familiarity with database query languages, and experience using tools like R and Matlab for statistical analysis
-Familiarity with regulatory documentation and rules is helpful