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Division: Risk Management
Role: Market Risk Manager — Equities
Level: Associate
Location: London


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, operational, model and other risks.

Background on the Position
The role will reside within Firm Risk Management's Market Risk Department. The Market Risk Management Division (MRD) is responsible for the independent identification, analysis, reporting and escalation of all market risk exposures arising from EMEA business activities, acting independently of business management and providing an effective challenge process.

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

Primary Responsibilities

• Assessment of market risks, concentrations and top risks for Equities.
• Desk-facing with live discussion and independent challenge of traders, trading management and strategists. Appropriate escalation of risks identified to senior risk managers.
• Real-time involvement in approval of complex & large Equity transactions. Performing deal analysis, including independently assessing overlooked risks, determining approval standards and writing concise decision support briefs. Ultimately providing formal approval / veto recommendations to senior risk managers.
• Understand Equity P&L drivers and construct any necessary tools to facilitate risk and P&L analysis.
• Development of risk methodologies, tools and involvement in system improvement working closely with traders, quantitative analysts, IT and other groups within the Firm.
• Contribute to the assessment of the suitability and performance of pricing, risk and capital models. Work with relevant groups to address material deficiencies.
• Create presentations articulating key risks and portfolio changes to senior management in a timely fashion.

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

Experience

• Bachelors degree, or equivalent, in a quantitative subject, mathematics or statistics
• Experience in equity risk management and/or quantitative field in a sell-side institution required. Exposure to other asset classes will also be looked at favorably
• Experience in market risk, with demonstrable experience analyzing market risk portfolio metrics
• Confidence to take ideas forward and to challenge others, where appropriate, with experience in management by influence, facilitating and gaining consensus
• Ability to work independently in a self-directed way in a collaborative, team-oriented environment
• Ability to effectively communicate with a wide range of stakeholders, both written and verbally
• An interest in working in a fast-paced environment, often balancing multiple high priority deliverables
• Strong attention to detail and ability to provide information in usable formats

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.

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.