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.