Firm Risk Management

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, model and other risks.

About the Role
The position will reside within FRM’s Electronic Trading Risk team in NY. The role will cover electronic trading across all asset classes including cash, derivatives, equity and fixed income products. The eTrading team within FRM oversees potential risks that electronic trading introduces, primarily across the Market and Operational Risk spectrum. The ideal candidate should have the ability and desire to learn about financial markets, have strong common sense, and be able to think critically. The risk manager will work closely with senior risk managers and connect with other groups within the Firm.
Responsibilities
> Overall risk management and governance of Morgan Stanley’s Electronic Trading business across equities and fixed income
> Perform analysis and behavioral review of eTrading algorithms, including controls and testing methods
> Oversee eTrading limits and controls to ensure the business is taking risk consistent with the Firm’s strategy.
> Monitor and review Operational Risk Events and self-identified issues relating to or impacting eTrading
> Collaborate across a diverse set of stakeholders including Sales and Trading Business Units, Quantitative Strategists, Business Unit Risk Management, Compliance, Technology and Operations.
> Communicate key risks to senior management
> Contribute and support global and regional Risk governance committees, forums, and working groups

Qualifications:

• Suitable candidates will have an excellent academic background including an advanced degree in a quantitative discipline, such as economics, finance, sciences or engineering.
• Experience in a role with direct exposure to electronic trading (Risk Management, Technology, Operational Risk) or experience in trading systems, FIX messaging, market-microstructure or market data
• Knowledge of financial markets and equity product
• Experience with creating and managing KRIs/KPIs with escalation through proper governance
• Strong ability to think critically and desire to learn.
• Proactive with the ability to work as part of a close-knit team as well as independently.
• Excellent communication skills for written, graphical, and verbal presentation.
• An interest in working in a fast-paced environment, often balancing multiple deliverables at one time
• Strong proficiency with PowerPoint and Excel is required; VBA or other programming skills as well as a working knowledge of databases and SQL is advantageous.

Expected base pay rates for the role will be between $85,000 and $140,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

This role is hybrid and currently requires in office attendance 3 days/week. The in office requirement is subject to change at any time.

Morgan Stanley’s goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the base of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by the law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.

We’re committed to bringing passion and customer focus to the business.

Morgan Stanley’s goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).