Market Risk (Risk Management) - XVA : Job Level - Associate

Market Risk Manager - XVA Coverage Team - Associate

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 independent market risk oversight across the Morgan Stanley's trading and banking activities. The position is for a junior Market Risk Manager working in the XVA Coverage team which oversees firm's CVA (Credit Valuation Adjustment), FVA (Funding Valuation Adjustment) and other related / emerging VAs on the firm's counterparty.

Primary Responsibilities :

• Maintain on-going dialogue with trading desks and Front Office support groups regarding positioning, market developments, trading strategies, limit usage, and risk representation of new and / or exotic trades.
• Monitor market risks through the review of portfolio risk sensitivities, Value-at-risk (VaR), stress scenario analysis and limit monitoring.
• Support projects involving your coverage area, such as market risk modelling enhancements, development of stress tests, or regulatory initiatives (e.g. Fundamental Review of the Trading Book).
• Collaborate closely with colleagues from the global Market Risk Department and other support groups, including Model Risk Management Finance & Technology.

Experience :

FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views.

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.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M / F / Disability / Vet).