Risk Analytics (Risk Management) : Job Level - Associate

Analyst, Market Risk Analytics

Morgan Stanley's Firm Risk Management (FRM) Division is an exciting and rapidly growing space. We support 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.

The role will reside within the Firm Risk Management's Risk Analytics area. Risk Analytics develops market risk analytics, credit risk analytics and scenario analytics models providing quantitative analysis on the Firm's risk exposures. By developing mathematical and statistical models, Risk Analytics calculates the risks associated with specified sets of financial positions and day-to-day operations.

Morgan Stanley is seeking an Analyst in its Market Risk Analytics department with focus on Commodity and Equity asset classes. The Analytics group develops, maintains, and monitors the performance of market risk (VaR, Stressed VaR, and IRC) and stress testing models for Morgan Stanley's portfolio of assets, as required by the regulatory framework and the Firm's risk management needs. The new hire will join the Market Risk Analytics Commodity & Equity team to undertake research, modelling, development, and analysis of various market risk models to ensure appropriate modelling and capture of risk, regulatory capital calculation, and ongoing compliance with regulatory requirements, including the upcoming Fundamental Review of Trading Book (FRTB).

Requirements :

• Minimum Bachelor's degree in Quantitative Finance, Economics, Math, Physics, Engineering or a related field of study
• Minimum 2 years experience
• Python coding skill required; SQL experience preferred.
• Experience in developing model in a production environment is a plus.
• Prefer some experience with VaR, Risks Not in VaR, Basel framework and FRTB rules.
• Strong skills in communication, critical thinking, problem solving, and collaboration.
• Knowledge and broad interest in financial market and derivatives.
• Knowledge and broad interest in risk management, and regulation.
• Close attention to details and ability to provide information in a usable format.

Firm Risk Management values diversity and is committed to providing a supportive and inclusive workplace for all employees. This role is hybrid and currently requires in office attendance 3 days / week. The in-office requirement is subject to change at any time.

Expected base pay rates for the role will be between $100,000 and $140,000 year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership / union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.