Equity Operations Middle Office Risk Support (MORS) Associate London
Morgan Stanley
Full Time
London
10.56 - 12.04 GBP Today
Job description
Equity Operations Middle Office Risk Support (MORS) Associate
Job Number:
3233876
POSTING DATE: Mar 21, 2023
PRIMARY LOCATION: Europe, Middle East, Africa-United Kingdom-United Kingdom-London
EDUCATION LEVEL: Refer to Position Description
JOB: Other
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Associate
DESCRIPTION
The Middle Office Risk Support team (MORS) is part of the Equity Operations Group and is responsible for exposure monitoring of complex client trading strategies for the International Prime Brokerage (IPB) and Cleared business at Morgan Stanley. In order to facilitate this and proactively report on risks inherent to the business, close co-operation is required with Risk Management, Account Managers, Sales and Technology.
MORS supports the Institutional Equity Division’s (IED) Risk Management function, handling the critical responsibility of daily monitoring of Market and Counterparty Risk issues. The team provide risk support analysis on a wide range of hedge funds & high net-worth individuals. These clients trade a variety of strategies covering the full range of Equities, Fixed Income, Credit, FX, Commodity, OTC and Listed Derivatives products. A technical appetite is therefore critical in this role.
There is currently a position available for an Associate within the MORS team. This role is based in London.
About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. We can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
What will you be doing?
- Partnering with Risk, Sales and Trading to provide margin financing quotes for prospective new business
- Working with Risk, Strats and Technology to develop, stress test and implement new margin lending models
- Performing extensive exposure analysis across the client base to flag risk across different Issuers, Countries, Markets and Sectors
- Attend client meetings and host margin workshops to articulate the industry leading, sophisticated margin lending models and reporting that Morgan Stanley offers
- Ensuring that client positions and valuations are accurate, correct requirements are being charged in accordance with the clients' strategy and margin policy, issuing margin calls and ensuring they are covered same-day.
- Understanding the day-to-day client portfolio movements and products traded, thinking about what your clients are trading, actively challenging things that do not make sense
- Managing operational risk. We are relied upon to manage and highlight operational risk in the margin process. We are the last line of defense in a market or client crisis. You will perform a central role in this defense by challenging the status quo and maximizing the value that the team can add to our franchise.
- Working extensively with Clients, Risk Management, Account Managers and & Technology to build & maintain a controlled & commercial business that leverages the strengths of all our people.
- Driving forward the significant change agenda in collaboration with peers in the New York, Baltimore, Hong Kong and Bangalore Margin/MORS teams.
QUALIFICATIONS
What we’re looking for:
- Strong numerical and analytical skills, expecting that the likely candidate would have developed the necessary competencies in a similar role within this industry
- Exposure to Prime Brokerage, hedge funds industry, derivatives products or Margin & Collateral is an advantage
- Strong interpersonal skills with the confidence to deal with senior internal clients & a team of experienced professionals
Skills that will help you in the role:
- Demonstration of robust analytical skills, high attention to detail, diligence, risk management capabilities and a control mind-set
- Enthusiasm for learning and a strong desire to advance their personal & career development
- Strong product knowledge across equities and derivatives is an advantage
- Computer literate and familiar with most packages and Excel / Access skills an advantage
Where will you be working?
This role is based in our Canary Wharf London office with onsite facilities such as gym, dry cleaners, hairdresser, and restaurant.
This role is based in our Canary Wharf London office with onsite facilities such as gym, dry cleaners, hairdresser, and restaurant.
Flexible work statement:
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Internal Applicants:
Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here.
Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here.
Equal opportunities statement:
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.
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.
