risk manager London, England
Morgan Stanley
Full Time
London, England
118000 - 65191 GBP ANNUAL Today
Job description
Counterparty Risk Manager Analyst/Associate
Job Number:
3238611
POSTING DATE: Jun 29, 2023
PRIMARY LOCATION: Europe, Middle East, Africa-United Kingdom-United Kingdom-London
JOB: Investment Banking/Sales/Trading/Research
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Associate
DESCRIPTION
Fixed Income Counterparty Risk Manager – Analyst/Associate
London
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.
The Fixed Income Division is comprised of Interest Rate and Currency Products, Credit Products and Distribution. Professionals in the Division assess and actively manages risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. The Commodities Division is a market leader across a broad range of commodities markets, with expertise in areas including client risk management, financing solutions and investor products Sales & Trading
From the largest global institutions to innovative new hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instruments including stocks, bonds, derivatives, foreign exchange, and commodities. Our professionals provide liquidity and content to clients around the world, actively assessing and managing risk, trading securities, and planning and executing transactions in the fast-changing markets. As the needs of our clients become increasingly complex, we often develop customized solutions.
What will you be doing?
You will work within the in business / front office risk team and are expected to be comfortable to perform tasks independently, including the following:
- Performing exposure analysis and initial margin calculations for all FI products as well as Commodities and Repos
- Be point of contact to explain Initial Margin calculation to both internal stakeholders (Sales & Trading) as well as hedge fund clients
- Providing oversight of the daily margin call dispute investigations and decide when to escalate to Management
- Providing oversight of the daily settlement fails investigations and deciding when to escalate to Management
- Actively tracking the daily stress loss calculations and oversee the part of the team investigating material changes.
- Participating in client on-boarding committees & risk management forums
- Assisting in methodology and research related to risk models (e.g. stress testing, SIMM etc)
- Ad Hoc risk analysis in response to market events, or in response to client related developments
- Participating in development of margining and stress testing methodology and partner with Technology team on the implementation
What we’re looking for:
- Experience in a Counterparty Risk or Structuring, Strat, XVA, Credit Risk / Market Risk Analytics team.
- Demonstratable familiarity with Fixed Income products.
Skills that will help you in the role:
- Bachelor’s degree (minimum) in a quantitative discipline such as Finance, Engineering, Mathematics or Applied Sciences
- Strong work ethic
- Knowledge of programming languages (e.g. Python) is a plus
- Evidence of being willing and eager to learn and work with different teams and divisions of the Firm
Where will you be working?
- 20 Bank Street, Canary Wharf, E14 4AD
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.
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.
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. #LI-KF1
