Electronic Trading Risk Management

Company Profile

Mor g an Sta n ley is a lea d ing global fi n anc i al s e rv ic es firm prov i ding a wide ran g e of invest m ent ba n king, s e c u rit i es, inv e st m ent m anage m ent and w e alth m anage m ent serv i c e s . T h e Fir m 's e m ploye e s s e rve clien t s w o rldwi d e inc l u d ing corp o ratio n s , govern m en t s, and ind i vid u a l s from m ore than 1,2 0 0 offic e s in 43 co u ntries.

As a m arket lead e r, the talent and p a ss i on of our p eo ple is c r itical to our s u cc es s. Togeth e r, we share a co mm on set of val u es r o ot e d in i ntegri t y, excel l e n ce and str o ng team ethic. Mor g an Sta n ley c a n p r o v i de a sup e ri o r fo u ndation for building a pr ofessio n al c a re e r - a pl ac e for p e ople to lea r n, to a c hi e v e and g row. A p hil o sop h y that ba l ances pers on a l lifestyl e s, persp e c tives a nd nee d s is an im portant part of our cult u r e .

Department Profile

From global institutions to hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instrument in all the world's financial markets. Morgan Stanley professionals use our network and technology to provide liquidity and sophisticated analysis, to manage risk and execute reliably in the fast-changing markets.

Morgan Stanley's Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. Our broad and deep client relationships, market-leading platform and intellectual insights enable us to be a world-class service provider to our clients for their financing, market access and portfolio management needs.

Global Markets Group is the offshoring arm of Morgan Stanley's Equity businesses in India. It covers functions across IED ranging from those associated with sales, trading, analytics, Strats to risk management.

Electronic Trading Risk Management (ETRM) within Morgan Stanley's Institutional Equity Division (IED) is responsible for managing the risks associated with electronic trading of equities and listed derivatives. The team is responsible for the limits and controls built in the electronic trading platform. With desks in New York, London, Frankfurt, Hong Kong, and Tokyo, the team partners closely with a diverse set of senior stakeholders including Traders, Sales Traders, Product Management, Client coverage and relevant functional areas in order to ensure electronic trading risks are appropriately managed. The team is cross-functional and highly technical, uniquely positioned to identify, understand, solve, and monitor a variety of risks related to electronic and algorithmic trading.

Role Summary

Morgan Stanley's Electronic Trading Risk Management (ETRM) team in the Institutional Equity Division (IED) is looking to expand and build out the team's data analytics capabilities. The candidate's main responsibilities will be to use data and quantitative solutions to help optimize day to day operations for the global team, as well as help build an analytics platform to assist in managing our electronic trading plants. This role will be based in Mumbai working with teams around the globe.

Primary Responsibilities

This role, based in Mumbai, requires the individual to work with global ETRM teams.

The key elements of the role are -

• Reviewing internal policy breaches on a daily basis, investigate, educate and escalate as necessary.
• Trend and identify repeat behaviors and establish a process to address recurrence.
• Reviewing electronic communications and escalating where these are not in line with internal policies.
• Create management reports to highlight issues, trends, new regulatory changes etc.
• Support BU projects to create, enhance or develop procedures/protocols.
• Engaging with other regional Risk and Control group (RCG) teams to focus on and deliver increased automation and standardization across applicable surveillance processes.
• Engaging with IED contacts and other stakeholders to build awareness of Non- Financial Risk and RCG's continued focus on proactive and effective surveillance and supervision.
• Drive discussion with relevant Risk and Compliance contacts to validate the existing review process and alert disposition logic.
• Help ensure that IED activities comply with relevant legal, regulatory and Firm requirements.
• Partner with stakeholders to design and implement new reports to assist with the Firm keeping pace with the evolving Regulatory environment.
• Partner in projects related to improving the review process, reduce false positives or further enhance the report logic.

Essential Requirements

• Graduate / Postgraduate in any discipline.
• 3-5 years with a background in Risk Management, Compliance, Operations or Trading Support focusing on sales and trading issues. Job level will be based on relevancy of the experience.
• Knowledge of Equities markets, understanding of applicable regulatory rules and regulations.
• An understanding of and strong focus on the mechanics of a control environment, including escalation and risk-related issues.
• Strong written and verbal communication skills.
• Proficiency in MS Office applications (Word, Excel, PowerPoint).
• Strong analytical and reasoning skills. Ability to work independently as well as a Team Player.
• Excellent organizational skills and high degree of attention to detail.

Desired Requirements

• Knowledge of Advanced Excel / VBA Macros / Power BI / SQL / Python or similar applications.
• An understanding of and strong focus on the mechanics of a control environment, including escalation and risk-related issues.

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 - aren't 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, you'll 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. There's also ample opportunity to move about the business for those who show passion and grit in their work.

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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.

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