Firm Risk ManagementFirm 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, strategic, and other risks.Background on the PositionThe 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 Stress Testing team in New York.Primary Responsibilities>Contribute to quarterly Stress Testing & CCAR process for Trading and xVA.>Perform ad-hoc analysis to support internal stress testing process>Contribute to Market Risk stress loss risk appetite/limit calibration>Contribute to ongoing stress Testing Technology, process, and model enhancements in partnership with technology and data teams.>Contribute to Market Risk specific governance meetings, planning, and reviewExperience>3-5 years of experience in Risk Management at a large financial institution; direct experience in regulatory deliverables preferred>Bachelor's degree preferred in Finance, Computer Science, or Engineering related preferred>Knowledge of trading products across various asset classes (Equity, Rates, FX, Credit, Securitized Products, Commodities, etc.)>Strong verbal and written communication skills, including delivering effective presentations and writing technical documents>Ability to work with a large set of stakeholders and attention to detail.>Ability to work with diverse set of partners effectively>Demonstrated ability to deliver in a dynamic work environment with appreciation to timely delivery and control mind setExpected base pay rates for the role will be between $85,000 and $140,000 per 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.This role is hybrid and currently requires in office attendance 3 days/week. The in office requirement is subject to change at any time. Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the base 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 the law.Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
