Company Profile Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.
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. Morgan Stanley 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.
Department Profile The Risk Management division is at the core of the firm's activities, and its role is evolving and expanding in line with changing industry standards, regulatory requirements, and commercial pressures. The Risk Management Division comprises a number of Risk coverage and functional Departments, of which the Market Risk Department plays a critical role in delivering independent control and challenge to the business.
The Market Risk Department is responsible for identifying, analysing, measuring, controlling, and reporting market risk exposures generated as a result of both trading and banking activities booked in EMEA and the UK Group. The Department consists of business-facing market risk managers and a Portfolio Analysis & Stress Testing team.
The responsibilities include:
Identifying vulnerabilities and proposing/developing new stress scenarios.
Interpreting the results of scenario runs to extract cross asset themes.
Ensuring that relevant stress tests are being run for the portfolio, providing complete, timely, accurate and insightful analysis to Risk Managers and Senior Management.
An excellent academic background, including an advanced degree (or equivalent) in a quantitative discipline, such as economics, finance, statistics/mathematics, sciences or engineering. Additional qualifications, such as an FRM, would also be looked upon favourably.
Good knowledge of financial products is essential, including an understanding of risk representations (including greeks) and a solid understanding of risk management concepts such as VaR, stress testing, scenario analysis, and capital is required.
Proactive with the ability to work as both part of a close-knit team and independently
Strong communication skills for written, graphical and verbal presentations
Proficiency with a variety of IT applications as well as a good understanding of programming is advantageous.
Ability to demonstrate good judgment of risks and an understanding of the risk areas covered, including markets, models and products.
Coordinate and build effective relationships as necessary with other functional groups including risk managers, risk reporting, IT and other support groups.
Strong organisation skills with the ability to multitask and prioritise, including the ability to work under pressure and to tight deadlines whilst maintaining a high standard.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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.