Equities Market Risk Manager - Associate

Lambeth, UK
Closing date
29 Sep 2020

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Job Description - Equities Market Risk Manager - Associate (3154680)Job Description Equities Market Risk Manager - AssociateJob Number: 3154680Posting Date: Jul 16, 2020Primary Location: Europe, Middle East, Africa-United Kingdom-United Kingdom-LondonJob: Market RiskEmployment Type: Full TimeJob Level: Associate DescriptionEquities Market Risk Manager - Associate Division: Risk Management Job Title: Equities Market Risk ManagerLocation: London Job Level: AssociateCompany ProfileMorgan 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 ProfileThe 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.Primary ResponsibilitiesMorgan Stanley is seeking an Associate to join its London based Equities Market Risk Management team (which sits within the Market Risk Department). The role covers all aspects of Equities Market Risk Management, in particular: • Assessment of market risks, concentrations and top risks• Live discussion and independently challenge of traders, trading management and strategists. Appropriate escalation of risks identified to senior risk managers• Real-time involvement in approval of complex & large capital market transactions such as rights issues, margin loans, derivatives financing, accelerated share repurchase etc. Performing deal analysis, including independently assessing overlooked risks, agreeing hedging strategies with the Front Office, determining approval standards and writing concise decision support briefs. Ultimately providing formal approval / veto to senior risk managers.• Understand 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 and risk models. Work with relevant groups to address material deficiencies.• Create presentations articulating key risks and portfolio changes to senior management in a timely fashion.• Participate in regular signoff of risk submissions to regulator and senior management QualificationsSkills required (essential)• Advanced degree, or equivalent, in a quantitative subject, mathematics or statistics • Experience in financial industry required. Experience in equity derivatives and capital markets preferred, experience in other asset classes will also be looked favorably• Experience in risk management and / or quantitative field in a sell-side institution preferred • Independent mindset and ability to challenge people and established processes• Proactive with the ability to work as both part of a close-knit team and independently• Concise, accurate and resourceful• Excellent communication skills for written, graphical and verbal presentation.• Attention to detail, project management and prioritization skills will also be key in balancing daily deadlines with timely implementation of strategic projects.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.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.Given the continued spread of COVID-19 (coronavirus), all interviews will be conducted by phone or virtual connection to protect our candidates and employees.
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