Associate, Business Management

PowerToFly; New York (NY); On-site; USD 180,000 - 220,000; Full time

Benefits offered by this job

Discretionary bonuses

Competitive benefits

Global exposure

Job summary

Morgan Stanley in New York is seeking an Associate, Business Management to lead end-to-end implementation of products and workflows, ensuring booking models, trade flows, and risk infrastructure are properly established.

You will analyze capital consumption and risk-weighted assets across trading books to optimize capital efficiency and collaborate with Market Risk, Credit Risk, and Operational Risk to monitor exposures and ensure regulatory compliance.

Qualifications

• Master’s degree in Finance, Financial Engineering, or a related field.
• Two years of experience in the position offered or two years as an Associate, Analyst, or related occupation.
• Experience with capital calculations under Basel II.5/III frameworks; fixed income derivatives knowledge; SPVs; CCAR; P&L analysis; presenting to stakeholders.

Responsibilities

• Lead end-to-end implementation of products and workflows with proper booking models and risk infrastructure.
• Collaborate with Market Risk, Credit Risk and Operational Risk to monitor exposures and stress test scenarios.
• Provide strategic analytical support to senior management with performance metrics and resource planning.

Skills

Capital calculations

Fixed income products

SPVs

CCAR process

P&L analysis

Stakeholder presentations

Education

Master's degree in Finance/Financial Engineering

Job description

Company Profile:

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment, and wealth management services. The Firm's employees serve clients worldwide, including corporations, governments, and individuals from more than 1,200 offices in 43 countries.

In the Fixed Income division, we work in fast-paced and constantly changing global markets to assess and manage risk, trade securities, manage relationships with clients, and structure and execute innovative transactions.

What you’ll do in the role:

Morgan Stanley & Co. LLC is seeking an Associate, Business Management in New York, New York to lead the end-to-end implementation of products and workflows, guaranteeing the establishment of appropriate booking models, trade flows, and risk infrastructure. Conduct comprehensive analysis of capital consumption and risk-weighted assets (RWA) across trading books to identify and implement optimization opportunities. Enhance capital efficiency and ensure business activities consistently meet firm-level return hurdles. Partner with Market Risk, Credit Risk, and Operational Risk teams to monitor exposures, manage stress testing, and ensure compliance with established risk limits. Proactively elevate and address potential risk breaches to maintain operational integrity. Coordinate with Compliance and Legal teams to ensure adherence to internal policies and regulatory standards. Provide strategic analytical support to senior management through detailed financial performance metrics, resource allocation reviews, and business planning insights.

What you’ll bring to the role:

-Requires a Master’s degree in Finance, Financial Engineering, or a related field of study.

-Requires two (2) years of experience in the position offered or two (2) years as an Associate, Analyst, or a related occupation.

-Requires two (2) years of experience with the following skills:

• Capital calculations, including standardized and advanced approaches as regulated by the Basel II.5 and Basel III framework;


• Leveraging knowledge of fixed income products and derivatives, including bonds, credit hedge instruments, Total Return Swaps (TRS), Credit Default Swaps (CDS), and CDS indices;


• Applying understanding of complex transaction structures, including Special Purpose Vehicles (SPVs);


• the CCAR process, including capital implications, earnings projections and stress testing scenarios;


• Analyzing sources of Profit and Loss (P&L), including attribution to market factors and businesses, based on business activity and market movements;


• Preparing analysis materials for senior management, as well as presenting the information in a concise and structured manner to external and internal stakeholders; and

Collaborating with multiple teams across the business, including sales, trading, quantitative modelers, risk management, legal and compliance to ensure sound and transparent business activity.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 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.

Expected base pay rates for the role will be between $200,000 and $200,000 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.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.