Electronic Trading Risk & Controls Analyst

Morgan-Stanley; Town of Islip (NY); On-site; USD 100,000 - 140,000; Full time

Job summary

Morgan Stanley's FRM Electronic Trading Risk team in NY oversees risk across all asset classes including cash, derivatives, equity and fixed income. The role interacts with ISG, US Banks, WM and IM businesses, focusing on risk governance and algorithm review.

The ideal candidate will have a quantitative degree, experience with electronic trading exposure, and strong communication and analytical skills to support senior management and governance forums.

Qualifications

• Suitable candidates will have an excellent academic background including a degree in a quantitative discipline such as economics, finance, sciences or engineering.
• Experience in a role with direct exposure to electronic trading (Risk Management, Technology, Operational Risk) or experience in trading systems, FIX messaging, market‑microstructure or market data.
• Knowledge of financial markets and equity product.
• Experience with creating and managing KRIs/KPIs with escalation through proper governance.
• Strong ability to think critically and desire to learn.

Responsibilities

• Overall risk management and governance of Morgan Stanley's Electronic Trading business across equities and fixed income.
• Assist in the continued expansion of FRM eTrading's coverage of electronic trading coverage to Morgan Stanley's non-ISG businesses (US Banks, WM, IM).
• Perform analysis and behavioral review of eTrading algorithms, including controls and testing methods.
• Oversee eTrading limits and controls, including intraday monitoring and escalation, to ensure the business is taking risk consistent with the Firm's strategy.
• Monitor and review Operational Risk Events and self-identified issues relating to or impacting eTrading.
• Collaborate across a diverse set of stakeholders including Sales and Trading Business Units, Quantitative Strategists, Business Unit Risk Management, Compliance, Technology and Operations.
• Communicate key risks to senior management
• Contribute and support global and regional Risk governance committees, forums, and working groups

Skills

PowerPoint

Excel

VBA

SQL

Database knowledge

Communication skills

Critical thinking

Team collaboration

Education

Degree in quantitative discipline

Tools

FIX messaging

Trading systems

Market data

Job description

Morgan Stanley's FRM Electronic Trading Risk team in NY oversees risk across all asset classes including cash, derivatives, equity and fixed income. The role interacts with ISG, US Banks, WM and IM businesses, focusing on risk governance and algorithm review.

The ideal candidate will have a quantitative degree, experience with electronic trading exposure, and strong communication and analytical skills to support senior management and governance forums.