1802 jobs - 117 added today
Recruiting? Call us on 01772 639042
Email me jobs relevant to my job search
26 days ago
only 2 days until close

EMEA Market Risk Analytics - Associate


Morgan Stanley
Location: London
Job type: Permanent
Category: Operations Jobs
Apply on company site
Select how you want to share:
View similar
Job Description
Job Number:
3154051

Posting Date
: Oct 28, 2020

Primary Location
: Europe, Middle East, Africa-United Kingdom-United Kingdom-London

Job
: Risk Analytics

Employment Type: Full Time

Job Level: Associate

Description

EMEA Market Risk Analytics – Associate

Division: Risk Management Job Title: EMEA Market Risk Analytics

Location: London--******Job Level: Associate

Company Profile

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management 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.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile

The cornerstone of Morgan Stanley's risk management philosophy is the execution of risk-adjusted returns through prudent risk-taking that protects Morgan Stanley's capital base, liquidity and franchise. The EMEA Market Risk Management Division is responsible for the independent identification, analysis, reporting and escalation of all market risk exposures arising from EMEA and UK Group business activities, acting independently of business management and providing an effective challenge process.

Primary Responsibilities

Morgan Stanley is seeking an Associate to work in its Market Risk Analytics team. The team is responsible for the development of market risk methodology and market risk models which feed directly into the firm’s internal and regulatory capital calculations and risk management frameworks.

The team operates in London, Budapest and Mumbai. We seek candidates with a strong desire to learn and the ability to work well at both the regional and global level.

Core responsibilities include:

• Development, enhancement and maintenance of market risk models (VaR, Stressed VaR, IRC, CRM and RNIV) to ensure ongoing appropriateness.

• Contribution to key regulatory deliverables and programs as well as analysis and interpretation of key regulatory requirements.

• Perform ongoing monitoring and evaluation of market risk models, review existing models to ensure they remain fit for purpose and make improvements where necessary.

• Collaborate closely with the model validation team to understand validation findings and remediate any identified issues

• Collaborate with the other teams (data, IT, change management) to ensure that model changes are appropriately implemented.

• Document models and associated developmental analysis, present results to partners and stakeholders#LI-LB1

Qualifications

Skills required (essential)

• An excellent academic background, including an advanced degree in a quantitative discipline, such as quantitative finance, statistics/mathematics, sciences or engineering.

• Deep understanding of quantitative risk including good knowledge of financial products and their risk representation.

• Demonstrable experience in delivering enhancements to risk models, ability to produce high quality, accurate work, under pressure and to tight deadlines

• Excellent mathematical, analytical, problem solving and troubleshooting skills

• Strong programming skills and demonstrable experience in coding numerical methods and algorithms, data analysis and manipulation.

• Advanced knowledge of at least one prototyping programming language ( e.g. Python, R) and preferably experience/knowledge of professional development concepts and technologies and modern development toolchain

• Strong communication skills for written, graphical and verbal presentations and ability to explain complicated concepts clearly to business partners and present proposals in a clear and precise manner.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents.

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Given the continued spread of COVID-19 (coronavirus), all interviews will be conducted by phone or virtual connection to protect our candidates and employees.#LI-LB1
Job Description
Job Number:
3154051

Posting Date
: Oct 28, 2020

Primary Location
: Europe, Middle East, Africa-United Kingdom-United Kingdom-London

Job
: Risk Analytics

Employment Type: Full Time

Job Level: Associate

Description

EMEA Market Risk Analytics – Associate

Division: Risk Management Job Title: EMEA Market Risk Analytics

Location: London--******Job Level: Associate

Company Profile

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management 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.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile

The cornerstone of Morgan Stanley's risk management philosophy is the execution of risk-adjusted returns through prudent risk-taking that protects Morgan Stanley's capital base, liquidity and franchise. The EMEA Market Risk Management Division is responsible for the independent identification, analysis, reporting and escalation of all market risk exposures arising from EMEA and UK Group business activities, acting independently of business management and providing an effective challenge process.

Primary Responsibilities

Morgan Stanley is seeking an Associate to work in its Market Risk Analytics team. The team is responsible for the development of market risk methodology and market risk models which feed directly into the firm’s internal and regulatory capital calculations and risk management frameworks.

The team operates in London, Budapest and Mumbai. We seek candidates with a strong desire to learn and the ability to work well at both the regional and global level.

Core responsibilities include:

• Development, enhancement and maintenance of market risk models (VaR, Stressed VaR, IRC, CRM and RNIV) to ensure ongoing appropriateness.

• Contribution to key regulatory deliverables and programs as well as analysis and interpretation of key regulatory requirements.

• Perform ongoing monitoring and evaluation of market risk models, review existing models to ensure they remain fit for purpose and make improvements where necessary.

• Collaborate closely with the model validation team to understand validation findings and remediate any identified issues

• Collaborate with the other teams (data, IT, change management) to ensure that model changes are appropriately implemented.

• Document models and associated developmental analysis, present results to partners and stakeholders#LI-LB1

Qualifications

Skills required (essential)

• An excellent academic background, including an advanced degree in a quantitative discipline, such as quantitative finance, statistics/mathematics, sciences or engineering.

• Deep understanding of quantitative risk including good knowledge of financial products and their risk representation.

• Demonstrable experience in delivering enhancements to risk models, ability to produce high quality, accurate work, under pressure and to tight deadlines

• Excellent mathematical, analytical, problem solving and troubleshooting skills

• Strong programming skills and demonstrable experience in coding numerical methods and algorithms, data analysis and manipulation.

• Advanced knowledge of at least one prototyping programming language ( e.g. Python, R) and preferably experience/knowledge of professional development concepts and technologies and modern development toolchain

• Strong communication skills for written, graphical and verbal presentations and ability to explain complicated concepts clearly to business partners and present proposals in a clear and precise manner.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents.

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Given the continued spread of COVID-19 (coronavirus), all interviews will be conducted by phone or virtual connection to protect our candidates and employees.#LI-LB1
Apply on company site

Email me jobs relevant to my job search

  Back to the top