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Market Risk – Risk Management – Associate
| Company | Morgan Stanley |
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| Location | New York, NY, USA |
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| Salary | $85000 – $140000 |
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| Type | Full-Time |
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| Degrees | Bachelor’s |
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| Experience Level | Junior |
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Requirements
- Candidate must have a bachelor’s degree at a minimum and 1-2 years of experience.
- Product knowledge in Fixed Income and/or Equity products, knowledge in Securitized Products is a plus.
- Curiosity and self-motivation to develop expertise in financial products, markets, and risk management practices.
- An entrepreneurial mindset and the motivation to develop risk processes and frameworks from scratch.
- Strong proficiency with a variety of technology tools, including analyzing large data sets using tools such as Python, Excel or SQL.
- Highly developed oral and written communication skills which can be used to prepare and present risk information to a variety of audiences.
- Attention to detail, project management and prioritization skills will also be key in balancing daily deadlines with timely implementation of strategic projects.
- Knowledge of market risk and or counterparty credit risk concepts such as stress scenario analysis, risk measures, PE95, collateral agreements a plus.
Responsibilities
- Maintain on-going dialogue with trading desks and Front Office support groups regarding positioning, market developments, trading strategies, limit usage, and risk representation of new trades.
- Monitor market risks through the review of portfolio risk sensitivities, Value-at-risk (VaR), stress scenario analysis and limit monitoring.
- Support projects involving your coverage area, such as market risk modelling enhancements, development of stress tests, or regulatory initiatives (e.g. Fundamental Review of the Trading Book).
- Collaborate closely with colleagues from the global Market Risk Department and other support groups, including Finance, Technology.
- Perform regular deep dives on topical products, clients, and help create presentations articulating key risks and portfolio changes to senior management in a timely fashion.
Preferred Qualifications
- Knowledge in Securitized Products is a plus.
- Knowledge of market risk and or counterparty credit risk concepts such as stress scenario analysis, risk measures, PE95, collateral agreements a plus.
