PowerToFly
Market Risk (Risk Management) : Job Level - Associate/Analyst
PowerToFly, New York, New York, us, 10261
Firm Risk Management
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 is located on the trading floor in New York, as part of the market risk coverage team for the commodities division. It encompasses extensive interaction with trading teams, various risk functions, IT and other control groups, with a particular focus on day-to-day market risk management, scenario analysis and stress testing for the commodities business which includes Power and Gas, Emissions, Oil and Products, Metals and Agricultural Products. This role is hybrid and currently requires in-office attendance 3 days/week, subject to change at any time.
Primary Responsibilities
0-3 years of financial services/Market Risk experience
Provide in-depth market risk analyses across various commodities desks/products and elevate key risks to senior management
Monitor market risks through review of portfolio risk sensitivities, Value-at-risk (VaR), stress scenario analysis and limit management
Work closely with various Front Office teams, colleagues from the global FRM team, technology teams, to ensure that key risks are identified, measured, managed and produced on a timely and accurate basis
Maintain constant dialogue with commodities trading desks and front office support groups regarding trading strategies, limit usage, and risk representation of client transactions
Skills and Experience Required
Strong quantitative and technical skills (e.g. SQL, R, Matlab, Python, Excel)
Detail oriented with exceptional organizational skills, analytical thinking, and problem-solving abilities
Strong communication and presentation skills
Proficiency in MS Office and related applications (PowerPoint, Excel, Word)
Familiarity with VaR calculations, stress testing and scenario analysis for derivatives products, FRM or ERP certifications are a plus
What You Can Expect From Morgan Stanley At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values – putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back – guide every decision we make to do what’s best for clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. We support employees through attractive benefits and encourage career mobility.
Equal Employment Opportunity: We are an equal opportunity employer committed to diversifying our workforce (M/F/Disability/Vet). The policy of the Firm ensures equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, 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.
Compensation Analyst level – Expected base pay between $75,000 and $95,000 per year at commencement. Associate level – Expected base pay between $100,000 and $140,000 per year at commencement. Base pay is individualized and part of the total compensation package, which may include commission earnings, incentive compensation, discretionary bonuses, other short- and long-term incentive packages, and other sponsored benefit programs.
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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 is located on the trading floor in New York, as part of the market risk coverage team for the commodities division. It encompasses extensive interaction with trading teams, various risk functions, IT and other control groups, with a particular focus on day-to-day market risk management, scenario analysis and stress testing for the commodities business which includes Power and Gas, Emissions, Oil and Products, Metals and Agricultural Products. This role is hybrid and currently requires in-office attendance 3 days/week, subject to change at any time.
Primary Responsibilities
0-3 years of financial services/Market Risk experience
Provide in-depth market risk analyses across various commodities desks/products and elevate key risks to senior management
Monitor market risks through review of portfolio risk sensitivities, Value-at-risk (VaR), stress scenario analysis and limit management
Work closely with various Front Office teams, colleagues from the global FRM team, technology teams, to ensure that key risks are identified, measured, managed and produced on a timely and accurate basis
Maintain constant dialogue with commodities trading desks and front office support groups regarding trading strategies, limit usage, and risk representation of client transactions
Skills and Experience Required
Strong quantitative and technical skills (e.g. SQL, R, Matlab, Python, Excel)
Detail oriented with exceptional organizational skills, analytical thinking, and problem-solving abilities
Strong communication and presentation skills
Proficiency in MS Office and related applications (PowerPoint, Excel, Word)
Familiarity with VaR calculations, stress testing and scenario analysis for derivatives products, FRM or ERP certifications are a plus
What You Can Expect From Morgan Stanley At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values – putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back – guide every decision we make to do what’s best for clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. We support employees through attractive benefits and encourage career mobility.
Equal Employment Opportunity: We are an equal opportunity employer committed to diversifying our workforce (M/F/Disability/Vet). The policy of the Firm ensures equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, 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.
Compensation Analyst level – Expected base pay between $75,000 and $95,000 per year at commencement. Associate level – Expected base pay between $100,000 and $140,000 per year at commencement. Base pay is individualized and part of the total compensation package, which may include commission earnings, incentive compensation, discretionary bonuses, other short- and long-term incentive packages, and other sponsored benefit programs.
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