Location: New York,NY, USA
The role will reside within FRM's Market Risk Department. The Market Risk Management Division (MRD) is responsible for the independent identification, analysis, reporting and escalation of all market risk exposures arising from business activities, acting independently of business management and providing an effective challenge process.
Morgan Stanley is seeking an Analyst/Associate to cover XVA Risk working in the wider Fixed Income Market Risk team. XVA coverage includes CVA (Credit Valuation Adjustment), FVA (Funding Valuation Adjustment) and many more. We seek candidates with a strong desire to learn and the ability to work well at both regional and global level.
Responsibilities:
> Be part of the XVA Coverage team which oversees the firm's CVA (Credit Valuation Adjustment), FVA (Funding Valuation Adjustment) and other related/emerging VAs on the firm's counterparty
> Monitor live financial markets and measure the market impact on Morgan Stanley's portfolio, while having the opportunity to gain a deep understanding of market dynamics
> Review limit and reporting frameworks to ensure appropriateness considering risk appetite, business strategy and market conditions
> Constantly develop expertise in risk management, including products, models, macroeconomics and trading flows of main market participants
> Develop strong expertise in Stress Testing and VaR framework, processes, and economic drivers
> Work directly with a diverse set of stakeholders such as other risk managers, stress testing teams, traders, quantitative analysts, IT personnel across Budapest, New York, London, Frankfurt, Paris, Mumbai, Hong Kong and Singapore
Experience:
* Bachelor's or higher degree in fields such as finance, economics, or similar
* Strong knowledge of financial products, including familiarity with risk management concepts
* Strong IT skills to facilitate data analysis (experience with VBA and SQL is a plus)
* Excellent communication (both written and verbal) and interpersonal skills
* Ability to prioritize and manage multiple competing objectives
* Experience in trading or market risk department is a plus
Expected 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).
Firm Risk Management values diversity and is committed to providing a supportive and inclusive workplace for all employees.