Vice President, Risk/ Policy Management

Morgan Stanley; New York (NY); Presencial; USD 180.000 - 205.000; Jornada completa

Descripción de la vacante

Morgan Stanley seeks a VP-level risk analytics professional in New York to develop and maintain quantitative market risk models across equity and related asset classes. You will support VaR and RNIV frameworks, backtesting, and FRTB initiatives while collaborating with Front Office, Risk Management, and Technology teams.

The role requires advanced degree in actuarial/financial math and 3+ years in risk analytics, with strong Python and SQL skills.

Formación

• Master’s degree in actuarial/financial mathematics or related field.
• Minimum 3 years of experience in risk analytics or a related role.
• Strong knowledge of VaR, Full Revaluation VaR, Expected Shortfall and RNIV; Basel and FRTB familiarity.

Responsabilidades

• Develop, implement, and maintain quantitative market risk models.
• Support VaR, FVaR, ES, RNIV frameworks and FRTB alignment.
• Collaborate with Front Office, Risk Management, Model Risk Management and Technology teams.
• Prepare technical documentation for model changes and governance.
• Perform backtesting, sensitivity analyses and data validation.

Conocimientos

Python

VaR modeling

FRTB knowledge

Basel risk

Time series

SQL

Risk metrics

Data validation

Documentation

Equity markets

Educación

Master’s in Actuarial and Financial Mathematics

Related field

Herramientas

SQL

Relational databases

Descripción del empleo

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.

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 Firm Risk Management division, we advise businesses across the Firm on risk mitigation strategies, develop tools to analyze and monitor risks and lead key regulatory initiatives.

What You’ll Do In The Role

Morgan Stanley Services Group, Inc. is seeking a Vice Resident, Risk/ Policy Management in New York, New York to develop, implement, and maintain quantitative market risk models to measure and monitor the Firm’s exposure to Equity and related asset classes. Apply mathematical and statistical techniques to support Value at Risk (VaR), Full Revaluation VaR, Expected Shortfall, stress testing, and Risk Not in VaR (RNIV) frameworks in line with regulatory and internal risk management requirements. Support development of new models under the Fundamental Review of the Trading Book (FRTB) framework. Perform quantitative analysis, backtesting, and sensitivity analysis to evaluate model performance and investigate changes in risk metrics driven by market movements, portfolio changes, or model enhancements. Design and execute model testing plans for large scale strategic model developments. Support model development and maintenance activities, including risk factor identification, calibration, and data validation. Develop and maintain analytical tools and automated workflows in a production environment and prepare technical documentation for model changes and ongoing governance. Collaborate with Front Office, Risk Management, Model Risk Management, and Technology teams to support model development, implementation, model validation, analysis, audit requests, and regulatory inquiries.

What You’ll Bring To The Role

• Requires a Master’s in Actuarial and Financial Mathematics, or a related field
• Requires three 3) years of experience in the position offered or three (3) years as an Associate, Analyst Market Risk Analytics, or a related role
• Requires Three (3) years of experience with the following skills:
• Utilizing quantitative finance knowledge of derivative pricing;
• Applying probability, statistics, and stochastic processes, to financial risk modeling;
• Equity markets and equity products;
• Applying knowledge of regulatory market risk frameworks, including Basel standards and the Fundamental Review of the Trading Book (FRTB);
• Conducting time series analysis;
• Programming skills in Python, including development of production quality analytical code;
• Market risk modeling expertise, including Value at Risk (VaR), Full Revaluation VaR, Expected Shortfall, and Risk-not-in-VaR framework;
• Analyzing changes in risk metrics driven by market movements, portfolio changes, or model updates;
• Relational databases and SQL for data extraction and analysis;
• Documentation of mathematical models; and
• Working with large financial datasets, including data validation.

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 $180,000 and $205,000 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.