Macro Market Risk Manager Vice President Details

Macro Market Risk Manager Vice President

Morgan Stanley - New York, NY

Employment Type : Full-Time

Macro Market Risk Manager Vice President

Job Number:

3221622

POSTING DATE: Aug 11, 2022 PRIMARY LOCATION: Americas-United States of America-New York-New York EDUCATION LEVEL: Bachelor's Degree JOB: Market Risk EMPLOYMENT TYPE: Full Time JOB LEVEL: Vice President

DESCRIPTION

Macro Market Risk Manager – Vice President 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 the Firm Risk Management’s Market Risk Department (MRD) which is a team dedicated to providing governance and oversight of all market risk arising from the Firm’s business activities. The successful candidate will join the Fixed Income Macro coverage team which oversees products in the interest rate, foreign exchange, and emerging market spaces as well as cross-asset trading strategies.

Primary 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

QUALIFICATIONS

Experience

Candidate must have a bachelor’s degree at a minimum and 5+ years of experience.

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

Preferred strong proficiency with a variety of technology tools, including analyzing large data sets using tools such as Excel or SQL Desired 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

Preferred knowledge of market risk and or counterparty credit risk concepts such as stress scenario analysis, risk measures, PE95, collateral agreements a plus

Preferred product knowledge in Fixed Income and/or Equity products, including derivatives a plus

FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views.