Market Risk (Risk Management) : Job Level - Associate

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, operational, model and other risks. Background on the Position The role will reside within FRM's Market Risk Department (MRD) which is a team dedicated to providing governance and oversight of all market risks arising from the Firm's business activities. The successful candidate will be based in New York and will provide market risk coverage of the Firm's extensive private equity investment portfolio within the Morgan Stanley Institutional Securities Group (ISG) and Morgan Stanley Investment Management (MSIM). The team covers a wide variety of products such as: Community Reinvestment Act (CRA) funds, Renewable portfolio and strategic partnerships as well as private credit & equity, real estate, infrastructure funds, CLOs, multi-asset mutual funds, money market funds and associated hedges (Equities, Rates, FX and Credit). Primary Responsibilities > Monitoring market risks including the use of metrics such as Value-at-Risk (VaR), Greeks, limits, and scenario analysis tools daily > Provide independent oversight of all market risks related to the Firm's investments portfolio and help create presentations articulating key risks and portfolio changes to senior management in a timely fashion > Enhance the group's stress testing and risk reporting by streamlining the process. Work on data enhancement and infrastructure projects to improve reporting capabilities for more effective risk management and improve the limit framework > Maintain active dialogue with business units, risk management colleagues, and support groups regarding business activities > Regularly perform deep dives into the Firm's portfolio and ensure the Firm's inventory of key risks is up-to-date and accurate Experience > Bachelor's degree from a 4-year accredited university or equivalent international degree > Preferred 1 to 5 years of post-graduate work, or military experience > Desired proficiency in Excel and SQL or a working knowledge of a programming language such as Python > Self-motivated, curious, and adaptable with strong attention to detail and a willingness to assume extended responsibility > Strong interpersonal skills with the ability to establish effective relationships with the business unit and external groups > Excellent communication skills, both verbal and written; ability to produce concise and effective presentations > Ability to work on multiple projects and deliverables simultaneously, consistently meeting deadlines > Willingness to question established processes and seek to improve them > Desired knowledge of Equity or Fixed Income (Rates, FX and Credit) products FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views. 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 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - arent just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, youll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. 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. Theres also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser. Expected base pay rates for the role will be between $100,000 and $140,000 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. 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). At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values. Morgan Stanley is dedicated to providing first-class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutionsand in the ability of capital to work for the benefit of all society. What We Do