Risk Management, Market Risk Manager - FRTB Lead, Vice President

860 Morgan Stanley Svcs Canada Co; United Kingdom; On-site; GBP 80,000 - 120,000; Full time

Job summary

A leading global financial services firm is seeking a Market Risk Manager - FRTB Lead, Vice President to oversee the FRTB Program globally. You will ensure the process is embedded within the Risk Department and drive projects interacting across various business units. Ideal candidates will possess a Bachelor's degree, extensive Risk Management experience, and strong analytical skills.

Qualifications

• 5+ years of Risk Management experience including cross-functional projects.
• Market risk management background with desk coverage experience.

Responsibilities

• Drive the FRTB Program plan globally and ensure milestones are achieved.
• Lead the FRTB Market Risk Portfolio team and explain inputs and outputs to stakeholders.
• Identify and implement solutions for various work streams in the FRTB program.

Skills

Analytical Skills

Project Management

Attention to Detail

Communication

Organizational Skills

Education

Bachelor's degree or equivalent

Job description

Risk Management, Market Risk Manager - FRTB Lead, Vice President page is loaded

Risk Management, Market Risk Manager - FRTB Lead, Vice President

Apply locations London, United Kingdom time type Full time posted on Posted Yesterday job requisition id PT-JR013223

Risk Management, Market Risk Manager - FRTB Lead, Vice President
London
JR013223

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 business activities, acting independently of business management and providing an effective challenge process.

The role sits within the Portfolio Analysis, Governance & Controls team and will report directly to the Global Head of Portfolio Analysis, Governance & Controls who is based in London. The successful candidate will provide coverage for a suite of regulatory deliverables with a focus on Morgan Stanley Fundamental Review of Trading Book (FRTB) Program. The role involves working with a variety of business units and control groups across the organization on the execution of FRTB Program and requires both execution and analytical support.

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.

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.

What will you be doing?
• Key member of the team to drive the FRTB Program plan globally, ensuring it is up-to-date and that milestones are achieved
• Ensure that FRTB process is embedded in the Market Risk Department
• Lead the FRTB Market Risk Portfolio team to review, control, and explain the inputs and consequential outputs of FRTB capital to stakeholders, including senior management
• Identify and implement solutions for various work streams within the FRTB program, such as Standardized Approach, SA-CVA, Data Quality Controls and related regulatory deliverables
• Lead the relationship with teams across Risk, Finance, Operations, and Technology to ensure delivery of cross-divisional projects as well as interface with regulatory bodies

What we’re looking for:
• Bachelor's degree, or equivalent
• 5+ years of Risk Management experience (including working on cross-functional projects)
• Market risk management background with strong analytical skills and desk coverage experience
• An entrepreneurial mindset and the motivation to develop new risk processes and frameworks
• Strong attention to detail, project management experience and prioritisation skills
• Ability to effectively communicate with a wide range of stakeholders, both written and verbally
• Strong organizational skills with an ability to work in a fast-paced environment, balancing multiple high priority deliverables
• Confidence to take ideas forward and to challenge others, where appropriate, with experience in management by influence, facilitating and gaining consensus

Skills that will help you in the role:
• FRM qualification (preferred)
• Ability to work independently in a self-directed way in a collaborative, team-oriented environment

Where will you be working?
This role is based in 20 Bank Street, London.

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.

Certified Persons Regulatory Requirements:
If t his 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.

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At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values.

Morgan Stanley is dedicated to providing first-class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutions—and in the ability of capital to work for the benefit of all society.

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