European Market Risk Associate

London

3263034

Morgan Stanley is seeking a Risk professional 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, operational, model and other risks.

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.

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. We 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.

What will you be doing?

• · Involvement in strategic market risk workstreams including FRTB, EBA Benchmarking, Trading Wind-Down and other regulatory deliverables
• · Ensure ongoing regulatory compliance including participation in regulatory self-assessments, review of new regulatory requirements, and preparation of regulatory disclosures and submissions (for example ICAAP and Pillar 3)
• · Assess the coverage and performance of risk models and the respective data, process and governance controls; work with relevant groups to address deficiencies
• · Contribute to the implementation and maintenance of the market risk framework (including policies and procedures), ensuring alignment with industry best practices, regulatory standards and firm objectives
• · Work closely with Risk Managers, Risk Analytics and IT in specifying, managing and testing change initiatives
• · Provide impactful analysis of key risks to the firm in a timely manner

What we’re looking for:

• · Bachelors degree or equivalent
• · Relevant experience in market risk, risk governance or related role
• · Understanding of key market risk concepts (e.g. traded products, VaR, stress testing, risk/limit management)
• · Understanding of the Market Risk regulatory capital framework including VaR, SVaR, IRC, Risks not in VaR and FRTB

Skills that will help you in the role:

• · > Confidence to take ideas forward and to challenge others, where appropriate, with experience in management by influence, facilitating and gaining consensus
• · > The ability to work independently in a self-directed way in a collaborative, team-oriented environment
• · > The ability to effectively communicate with a wide range of stakeholders, both written and verbally
• · > Strong attention to detail and ability to distil technical information to produce concise and effective updates to stakeholders
• · > An interest in working in a fast-paced environment, often balancing multiple high priority deliverables

Where will you be working?

The Market Risk Division (MRD) is responsible for the independent identification, analysis, reporting and escalation of all market risk exposures arising from EMEA business activities, acting independently of business management and providing an effective challenge process.

The successful candidate will join the global MRD Governance and Controls team and will work on a number of change and cross-asset regulatory initiatives with a focus on regulatory compliance and governance covering Asia, EMEA and USA.

Flexible work statement:

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Internal Applicants:

Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here.

Equal opportunities statement:

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.