Morgan Stanley

Market Risk - Associate

Profile Description

We’re seeking someone to join our team as (Associate) in Market Risk 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.

At Morgan Stanley India, we support the Firm’s global businesses, with critical presence across Institutional Securities, Wealth Management, and Investment management, as well as in the Firm’s infrastructure functions of Technology, Operations, Finance, Risk Management, Legal and Corporate & Enterprise Services. Morgan Stanley has been rooted in India since 1993, with campuses in both Mumbai and Bengaluru. We empower our multi-faceted and talented teams to advance their careers and make a global impact on the business. For those who show passion and grit in their work, there’s ample opportunity to move across the businesses for those who show passion and grit in their work.

Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on…

What you’ll do in the role:

The primary responsibilities of the role include the following:
• Portfolio Analysis using scenarios and estimation techniques, creating risk summaries, and presenting risk updates to senior management.
• Monitor market risks including the use of metrics such as Value-at-Risk (VaR), Greeks, limits, and scenario analysis tools daily
• Responsible for data management and reporting, including data analytics, KPI's, data quality enhancements, and the development and execution of controls
• Work on infrastructure projects to improve reporting capabilities and processes for more effective risk management
• Perform regular deep dives into the portfolio and ensure the Firm's inventory of key risks is up-to-date and accurate
• Maintain active dialogue with risk management colleagues, Finance, Audit, and IT
• Be part of various projects towards improvements/efficiencies of Market risk data infrastructure.
• Stay abreast of market trends, emerging risks, and macro-economic themes.
• 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 or more 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

Qualifications/Skills Desired:
• Prior VaR experience.
• Familiarity with programming languages such as R/Python.
• FRM/CFA or any other relevant certification course.

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 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. Our Firm is differentiated by the caliber of our diverse team, while our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.

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.