SBL & Traded Products Stress Testing & Analytics
Firm Risk Management
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 due to credit, market, liquidity, operational, model, and other risks.
Background on the Position
Morgan Stanley is seeking a candidate to join the Wealth Management Securities Based Lending (SBL) and Traded Product (TP) Stress Testing & Analytics team to perform analysis to solve critical business problems while protecting the Firm. The team is responsible for monitoring the various risks (e.g. market, concentration, liquidity, etc.) that exist in WM client loan and derivative portfolios. The ideal candidate will demonstrate strong analytical skills and be a self-starter with curiosity to learn and solve problems to enhance risk capabilities and communicate effectively in various forums. The role offers an opportunity to work closely with stakeholders across Firm Risk Management, Wealth Management, IT, and other stakeholders that support the WM Banks and Broker Dealer.
Primary Responsibilities
- Execute portfolio analysis via model runs and complete delta and attribution analysis at the client and portfolio level.
- Collaborate with Credit Risk Coverage, modeling teams, and IT to develop and enhance stress testing methodologies and modeling approaches.
- Present insights from large data sets in concise, clearly articulated presentations for senior management and regulators.
- Closely monitor market events and assess the impact to the WM portfolio.
- Coordinate and deliver on ad-hoc requests.
Experience
- 4+ years of full-time risk management, or related, experience.
- Previous experience in data analytics on large data sets. SQL experience desired.
- Strong proficiency in MS Excel & PowerPoint.
- Experience with traded products (listed options and futures) a plus.
- Prioritization skills with ability to handle multiple projects in a dynamic, time-constrained environment
- Self-motivated and proactive attitude with strong attention to detail