Market Risk - Structured Credit (SPG, Financing) Vice President
London
3263428
Morgan Stanley is seeking a Risk professional who is responsible for the independent identification, analysis, reporting and escalation of all market risk exposures arising from EMEA business activities, acting independently of business management and providing an effective challenge process.
About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. We can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
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What will you be doing?
- Assessment of concentrations, valuation and default risks.
- As a desk-facing manager, ability to independently challenge traders, trading management and strategists with appropriate escalation of risks identified to senior risk managers. Close collaboration with the credit, finance, valuation control functions.
- Guide/manage junior members of the team
- Contribute to the assessment of the suitability and performance of pricing, risk and capital models and work with relevant groups to address material deficiencies.
- Real-time involvement in approval of complex & large transactions. Performing deal analysis, including independently assessing overlooked risks, agreeing hedging strategies with the Front Office, determining approval standards and writing concise decision support briefs.
- Data exploration (through SQL, Python, Excel, VBA) in order to shed light onto new risks. Either existing technical skills or willingness to pick those up.
What we're looking for:
- Degree, or equivalent, in a quantitative subject, mathematics or statistics
- 5+ years experience in risk management and / or quantitative field in a sell-side institution required.
- Knowledge of Securitised Products (CLO, CMBS, RMBS) or high yield/situation credit. Exposure to fundamental company analysis, credit risk or financing (repo, TRS) risk will be looked upon favourably..
- Strong analytical and problem-solving skills
Skills that will help you in the role:
- Confidence to take ideas forward and to challenge others, where appropriate, with experience in management by influence, facilitating and gaining consensus
- Ability to work independently in a self-directed way in a collaborative, team-oriented environment.
- The ability to effectively communicate with a wide range of stakeholders and deliver clear risk presentations to senior management.
- Strong organizational skills with an interest in working in a fast-paced environment, often balancing multiple high priority deliverables
Where will you be working?
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.
Flexible work statement:
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Internal Applicants:
Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here.
Equal opportunities statement:
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.