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Market Risk (Risk Management) : Job Level - Associate

Market Risk (Risk Management) : Job Level - Associate

Morgan StanleyNew York, NY, US
30+ days ago
Job type
  • Full-time
Job description

Firm Risk Management Market Risk Strategic Change

Firm Risk Management (FRM) supports 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. Background on the Position The role will reside within the Firm Risk Management's Market Risk Department (MRD) which is a team dedicated to providing governance and oversight of all market risk arising from the Firm's business activities. This role resides within the Market Risk Strategic Change team located in New York City. The successful candidate will be responsible to deliver value creation through strategic change. The projects include internal model enhancements, Fundamental Review of the Trading Book (FRTB) development, Data and Risk Framework enhancements and improvements to end user tooling. Change programs involving technology deliverables will be executed in an Agile manner, so the ideal candidate will have familiarity with delivering strategic change using this approach.

The ideal candidate will be responsible for :

  • Manage MRD strategic change initiatives and BAU requests
  • Manage senior stakeholder engagement including escalating and resolving issues as necessary
  • Responsible for gathering requirements and managing the project on-boarding process
  • Coordinate dependencies with Risk Managers, Product Owners, and Front Office for strategic change initiatives
  • Support Agile Fleet Leads in maintaining and prioritizing the Fleet-level backlog by ensuring alignment between Fleet-level objectives and Squad-level components

Experience :

  • Bachelor's degree and 2-3 years of experience
  • Preferred background in project management / Agile development
  • Understanding of key market risk concepts (e.g. traded products, VaR, stress testing, risk / limit management)
  • Experience scoping, developing and prioritizing plans for strategic pieces of work
  • The ability to identify, monitor and manage project risks, issues and dependencies, and agree appropriate responses
  • Desired excellent verbal and written communication skills
  • FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views.

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    Risk Management • New York, NY, US