POSTING DATE: Aug 5, 2021
PRIMARY LOCATION: Americas-United States of America-New York-New York
JOB: Risk Management
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Associate
DESCRIPTION
Morgan Stanley Services Group, Inc. seeks an Associate, Firm Market Risk in New York, New York
Monitor risks through option Greeks and fixed income sensitivities across Foreign Exchange (FX) and interest Rates (IR) products. Monitor and investigate portfolio’s daily P&L, scenario P&L, Value-at-Risk (VaR) and corresponding drivers. Research vanilla/exotics trading products and portfolios related with FX and IR products. Assess and identify various portfolio risks and ensure risks are within Firm’s risk appetite. Develop and maintain an appropriate independent market risk limits framework with applicable limits. Conduct data mining and statistical analysis on risk metrics and trading positions to summarize significant risks in IR and FX and present results to senior management. Develop tools for quantitative analysis, daily risk monitoring, P&L explanation and risk reporting for senior managers and traders. Design stress testing shocks for IR and FX businesses for internal monitoring and regulations. Work with Strats and IT departments to enhance the risk systems, risk representations, and P&L attributions.
QUALIFICATIONS
Requirements:
Requires a Master’s degree in Financial Engineering, Operations Research, Mathematics, or related field of study and two (2) years of experience in the position offered or two (2) years of experience as an Analyst or related occupation in the risk management field. Requires two (2) years of experience with: pricing and risk models and measures including Value-at-Risk and options greeks, including Interest Rates (IR) and Foreign Exchange (FX); using front office trading and pricing systems to research portfolios and analyze the impacts of macro variables; financial market, fixed income products and related risk management from quantitative prospects, including in IR and FX products; coding in SQL for research and analysis; analyzing financial datasets; automating and developing tools using programming languages including Excel VBA to improve the analytical efficiencies and risk reporting; Microsoft PowerPoint; Comprehensive Capital Analysis and Review (CCAR), scenario analysis, stress-testing, and performance attribution; financial platforms including Bloomberg. Any amount of experience required with: coding in Python for research and analysis.
Qualified Applicants:
To apply, visit us at http://www.morganstanley.com/about/careers/careersearch.html Scroll down and enter 3164062 as the “Job Number” and click “Search jobs.” No calls please. EOE
Morgan Stanley Use Only: *LI-DNI
Apply Now
To help us track our recruitment effort, please indicate your email/cover letter where (vacanciesingreece.com) you saw this job posting.