Vice President, Risk Management

Morgan Stanley; New York (NY); On-site; USD 225,000 - 250,000; Full time

Job summary

Morgan Stanley is seeking a Vice President, Risk Management in New York, NY to identify and mitigate electronic trading risks. You will implement and own risk controls, monitor activity in real time, and diagnose issues using large datasets and system logs.

The role covers risk oversight for existing products and new initiatives, with formal governance involvement. Requires a Bachelor's degree and 3+ years in risk management or related roles, with experience in Bloomberq, PowerBI, Python, and

Qualifications

• Bachelor's degree in Business, Finance, or a related field.
• Three years of experience in risk management or related roles.
• Experience with e-trading risk, controls, and regulatory inquiries.

Responsibilities

• Identify, understand, and monitor electronic trading risk controls.
• Analyze large data sets and system logs to diagnose issues.
• Own and enhance risk management processes across electronic trading.
• Provide risk oversight for existing and new electronic trading products.
• Manage cross-divisional control deployments and governance forums.

Skills

Python

Q/KDB

Bloomberg

PowerBI

Shell scripting

Risk management

Data analysis

Trading systems

Low-latency

Education

Bachelor's degree in Business, Finance, or related field

Tools

Bloomberg

PowerBI

Business Objects

Visio

Excel

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 Prime Brokerage and Institutional Equity division, we provide our clients around the world with intellectual insights and innovative product solutions and services that help them generate alpha.

What you’ll do in the role:

Morgan Stanley & Co., LLC is seeking a Vice President, Risk Management in New York, New York to identify, understand, solve, and monitor challenges related to electronic and algorithmic trading. Implement and own electronic trading risk controls which are designed to enable business development in a risk-controlled manner. Monitor electronic trading activity and controls in real-time and address issues when they arise. Perform analysis based on large complex datasets and system logs to diagnose issues and develop fact-based recommendations and solutions to problems and inquiries. Own and enhance a variety of critical operational processes focused on mitigating operational and regulatory reporting risks. Provide electronic trading subject matter expertise and risk oversight as it relates to existing electronic trading product risk management coverage, algorithm development, the development of new electronic trading products and the strategy and implementation of new sources of electronic liquidity. Program management of business initiatives.

What you’ll bring to the role:

• Requires a Bachelor’s degree in Business, Finance, or a related field
• Requires three (3) years of experience in the position offered or three (3) years as a Risk Management Associate, Trading Associate, Trading Strategist Associate, Trading Algorithm Software Developer Associate, or a related role

Requires three (3) years of experience with the following skills:

• Equity and listed derivatives market micro-structure across the Americas;
• Identifying, troubleshooting, and solving real-time and strategic issues with trading systems, controls, and regulatory inquiries;
• Managing systematic, low-latency, algorithmic trading risks across multiple risk stripes including technology, liquidity, market, regulatory and operational risk;
• Using data science and data analytical approaches to analyze large data sets for decision making;
• Project management for cross divisional initiatives including software development;
• Using limit management systems and user interface to manage market impact;
• Interpreting algorithmic trading activity and behavior;
• Overseeing and coordinating large scale cross-divisional control deployments;
• Understanding the Americas regulatory landscape, and how e-trading processes fit within that;
• Third party vendor platforms and limit management tools;
• Reviewing technology deployments, and ensuring there is suitable risk management;
• Understanding the differences in trading behavior between different asset classes and underliers;
• Bloomberg;
• PowerBI;
• Business Objects;
• Microsoft Visio;
• Microsoft Office Applications;
• Python;
• Shell scripting; and
• Q/KDB.

• Requires one (1) year of experience with the following skills:

Representing e-trading risk functions in senior governance forums.

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 $225,000 and $250,000 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.