Market Risk Stress Testing, Associate, Firm Risk Management

Morgan Stanley

Market Risk Stress Testing - Analyst / Associate

Profile Description

We're seeking someone to join our team as a [Analyst/ Associate] to [Market Risk Stress Testing team]

Firm Risk Management

In the Firm Risk Management division, we advise businesses across the Firm on risk mitigation strategies, develop tools to analyze and monitor risks and lead key regulatory initiatives.

Company Profile

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you'll do in the role:

Role & Responsibilities:

• Portfolio Analysis using scenarios and estimation techniques, creating risk summaries, and presenting risk updates to senior management.

• Suggest methodology enhancements in greek estimations to improve their accuracy.

• Work with risk managers across asset classes to understand their requirements and showcase the new tools and enhancements being made available to them by the team.

• Participate in designing topical scenarios to estimate stress losses and make risk management processes more robust.

• Be part of various projects towards improvements/efficiencies of Market risk data infrastructure.

• Design and implement a broad range of scenarios for Firm-wide risk management.

• Contribute in the design and implementation of frameworks and procedures to ensure Stress Testing framework exceeds high internal standards

• Stay abreast of market trends, emerging risks, and macro-economic themes.

• Continue to enhance the Firms' stress testing frameworks to ensure best-in-class capabilities.

• Clearly communicate requirements to subject matter experts in our Technology team.

What you'll bring to the role:

Qualifications/Skills Required:
To be successful, candidates will benefit from relevant experience, a strong desire to lean and the ability to work in a small specialized team.

• 2-5 years of experience preferably in Market Risk management.

• Good Understanding of risk management concepts and financial products across asset classes.

• Understanding of market dynamics and macro-economic themes.

• Balance between regular and development / ad-hoc related tasks.

• Excellent writing and presentation skills to effectively communicate with senior management.

• Proficiency in SQL and MS Office (excel, word and power point).

• Strong quantitative skills acquired from disciplines such as engineering, statistics/econometrics, or finance.

• Ability to work in a small team environment, building and maintaining a network of contacts and coordinating with multiple stakeholders

• Prior stress testing or VaR experience.

• Familiarity with programming languages such as R/Python.

• FRM/CFA or any other relevant certification course.

• Quantitative skills with respect to macro-economic model

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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