Market Risk Manager - Macro

Morgan Stanley; Greater London; On-site; GBP 65,000 - 85,000; Full time

Job summary

A leading global financial services firm based in London is hiring a Market Risk Manager for the Macro Risk team. Candidates should hold a bachelor’s degree in a quantitative field and possess strong analytical and programming skills, including Python and SQL. Responsibilities include conducting deal analyses, assessing risks, and delivering key projects. The firm values collaboration and support for diverse backgrounds, offering a dynamic work environment and comprehensive benefits.

Benefits

Comprehensive employee benefits

Qualifications

• Bachelor's degree, or equivalent, in a quantitative subject.
• Experience in risk management and/or quantitative field in a sell-side institution preferred.
• Strong programming and data analysis skills.

Responsibilities

• Conduct deal analysis and assess emerging risks.
• Deliver key projects across Macro and coordinate teams.
• Explain the relationship between risks and P&L volatility.
• Contribute to pricing, risk, and capital model assessments.
• Perform data analysis using SQL, Python, and Excel.

Skills

Analytical skills

Problem-solving

Programming (Python, VBA, SQL)

Communication skills

Attention to detail

Education

Bachelor's degree in Finance, Economics, Mathematics or Statistics

Tools

Excel

PowerPoint

SQL

Python

Job description

Division: Risk Management

Role: Market Risk Manager - Macro

Level: Analyst

Location: London

JR025998

Firm Risk Management

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 Firm Risk Management'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 EMEA business activities, acting independently of business management and providing an effective challenge process.

The role sits within the Macro Risk team and will provide risk coverage across EMEA Rates and FXEM businesses.

Primary Responsibilities

• Be part of the desk-facing team whose responsibilities include approval of large transactions. This includes performing deal analysis, including independently assessing emerging risks and agreeing hedging strategies
• Delivering key projects across Macro and assisting with co-ordination across various teams, e.g. Front Office Quants, IT, Portfolio team, Risk Analytics, Finance and Reporting
• Understanding and explaining the relationship between risks and P&L volatility
• Contribute to the assessment of the suitability and performance of pricing, risk and capital models and work with relevant groups to address material deficiencies
• Conduct data analysis through SQL, Python, and Excel. Either existing technical skills or willingness to learn
• Involvement in strategic Firm initiatives such as FRTB, ICAAP, stress testing and infrastructure enhancement projects

Experience

• Bachelor's degree, or equivalent, in a quantitative subject (Finance/Economics/Mathematics or Statistics)
• Experience in risk management and / or quantitative field in a sell-side institution preferable
• Analytical and problem-solving skills
• Confidence to take ideas forward and to challenge others
• Ability to work independently in a self-directed way in a collaborative, team-oriented environment.
• Ability to effectively communicate with a wide range of stakeholders
• Strong attention to detail and ability to provide information in usable formats (proficiency in Microsoft office, including Excel, PowerPoint and Word)
• Programming and data analysis skills (Python, VBA, SQL)
• Strong organizational skills with an interest in working in a fast-paced environment, often balancing multiple high priority deliverables.

FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

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 - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Certified Persons Regulatory Requirements:

If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

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.

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.