IED, Counterparty Risk - Vice President

Morgan Stanley; City Of London; On-site; GBP 90,000 - 130,000; Full time

Job summary

A leading global financial services firm in London is seeking an experienced VP to join the Counterparty Risk team. The role involves risk analysis of multi-asset portfolios, managing client onboarding processes, and maintaining dialogues with clients about proposed portfolios. Candidates should possess strong analytical skills, product knowledge in derivatives, and an advanced degree in a relevant field.

Benefits

Flexible working opportunities

Supportive and inclusive environment

Qualifications

• Advanced degree preferred.
• Experience with futures, options, interest rate swaps.
• Ability to operate effectively with limited supervision.

Responsibilities

• Perform risk analysis of global multi-asset portfolios.
• Participate in the client onboarding process.
• Maintain regular client dialogue.

Skills

Strong quantitative and analytical skills

Product knowledge in Listed Derivatives and OTC Clearing

Ability to self-manage priority queues

Understanding of regulatory requirements

Strong interpersonal and communication skills

Education

Advanced degree in economics, finance, mathematics, statistics or related field

Job description

Responsibilities

• Perform risk analysis of global multi-asset portfolios to assess market and liquidity risks, with focus on equities, rates, commodities, FX and credit.
• Participate in the client onboarding process including due diligence calls, sample portfolio analysis, documentation negotiation, and more.
• Maintain regular client dialogue on proposed portfolios or limit requests and articulate Morgan Stanley's margin methodologies and risk management approach.
• Work closely with Trading, Sales, Credit, and IT teams to ensure market risks are fully understood, captured and approaches challenged where necessary.
• Engage market experts to develop views of market conditions, ensuring a deep understanding of inherent risk and be able to explain concisely to internal decision makers and interested external parties, such as regulators, if required.
• Interact regularly with exchanges and CCPs to understand drivers of exchange margin methodologies and advocate for improvements where necessary.

Qualifications

• Strong quantitative and analytical skills required. Advanced degree in economics, finance, mathematics, statistics or related field preferred.
• Product knowledge in Listed Derivatives and OTC Clearing including futures, options, interest rate swaps, inflation swaps and credit default swaps.
• Ability to self‑manage priority queues and operate effectively with limited supervision.
• An understanding of the regulatory requirements applicable to the futures markets, and a broad knowledge of the trading, operational, and risk management practices within an FCM and/or broker‑dealer.
• Strong interpersonal, verbal and written communication skills with a high level of intellectual curiosity for markets. Candidate must be able to communicate in a concise and articulate manner to internal stakeholders across the organization as well as clients, CCPs, and regulators.

About the Role

Currently we are seeing an experienced VP‑level candidate to join the Counterparty Risk team in London. This team is responsible for monitoring and managing the market risk of multi‑asset portfolios in Prime Brokerage, Listed Derivatives, OTC cleared derivatives, and FX Prime Brokerage on both an intraday and overnight risk basis. Our client base includes large institutional fund managers, hedge funds, CTAs, market makers, international corporations and broker dealers.

About the Company

• The Institutional Equity Division (IED) is a global leader in the origination, distribution and trading of equity, equity‑linked and equity‑derivative securities.
• The firm’s equity Sales & Trading operations provide liquidity, distribute content, and create product solutions to help our clients generate alpha.
• The Equity Financing Products department acts as a strategic partner to more than 800 top hedge fund managers: executing and clearing trades across asset classes, time zones, and currencies; providing financing and expertise to help manage risk and benefit from technology; and consults to help launch new funds and connect them with potential investors.
• About Morgan Stanley: 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. We share a common set of values rooted in integrity, excellence, and strong team ethic.
• We are committed to maintaining the first‑class service and high standard of excellence that have defined Morgan Stanley for over 89 years.
• Our values – putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back – guide the decisions we make every day to do what’s best for our clients, communities and our more than 80,000 employees in 1,200 offices across 42 countries.

Certification and Regulatory Requirements

Certified Persons Regulatory Requirements: If this role is deemed a Certified role it may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible Work Statement

Flexible working opportunities are available. Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Equal Opportunity Statement

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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.