This job has expired, please see additional jobs below
Executive Director
Morgan Stanley
New York, NY, United States
Job Details - this job has expired, please see similar jobs below
Description
JOB:
Morgan Stanley & Co LLC seeks an Executive Director in New York, New York:
Oversee the XVA Hedging desk, with a cross-asset team responsible for pricing, hedging, and trade managing all various derivative valuation adjustments, including Credit Valuation Adjustments (CVA), Funding Valuation Adjustments (FVA), and Cheapest to Deliver Valuation Adjustments (CTDVA). Supervise the various market and credit risks with regard to these adjustments appropriately to minimize profit and loss (P&L) volatility. Assist in determining the cost of managing valuation adjustments and communicate to the over-the-counter (OTC) counterparties. Ensure Fixed Income OTC derivative transactions executed are priced appropriately and economic risks associated with such transactions outside of the underlying trade risk (managed by the market makers) are managed effectively. Assist in reducing the P&L volatility associated with those risks
Qualifications
REQUIREMENTS:
The position requires a Bachelor’s degree in Engineering (any), Mathematics, or other related quantitative field of study and nine (9) years of experience in the position offered or as a Trader, Structurer, or related occupation. The position requires a minimum of seven (7) years of experience in the following areas: experience in market making and risk management of xVA or hybrid/exotic options and structured credit; experience with structuring (in SPV or TRS); experience executing over-the-counter (OTC) derivatives (interest rates, foreign exchange, credit), cash products (treasuries, bonds, and loans), and listed products in both developed and emerging markets; experience with both secured and unsecured financing markets and collateral optimization; experience in the regulatory environment (Dodd-Frank, Basel III, FRTB) and its impact on bank capital (CCAR, RWA, PFE, LCR, NSFR); and experience with documentation and legal aspects governing transactions (ISDA, executing the Credit Support Annex (CSA), German DRV, netting/grossing jurisdictions).
QUALIFIED APPLICANTS:
To apply, visit us at http://www.morganstanley.com/about/careers/careersearch.html Scroll down and enter [3103738] as the “Job Number” and click “Search jobs.” No calls please. EOE