Electronic Trading Risk Manager – Vice President
Paris

The Fixed Income Division is comprised of Interest Rate and Currency Products, Credit Products and Distribution. Professionals in the Division assess and actively manages risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. The Commodities Division is a market leader across a broad range of commodities markets, with expertise in areas including client risk management, financing solutions and investor products Sales & Trading.

From the largest global institutions to innovative new hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instruments including stocks, bonds, derivatives, foreign exchange, and commodities. Our professionals provide liquidity and content to clients around the world, actively assessing and managing risk, trading securities, and planning and executing transactions in the fast-changing markets. As the needs of our clients become increasingly complex, we often develop customized solutions.

About Morgan Stanley

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.

What will you be doing?

The Electronic Trading Risk Management (ETRM) group’s primary responsibility is the integrity of these electronic trading systems and protecting the Firm against e-Trading issues.

ETRM is responsible for;

• Collaborating with business heads through provision of risk guidance and approval for all automated trading strategies and electronic trading related business initiatives.
• Designing, implementing and monitoring of innovative electronic trading control solutions (e.g. fat-finger and runaway algo prevention), which includes enabling business development in a risk-controlled manner.
• Provide subject matter expertise and direction as it relates to interpretation and understanding of trading, regulatory and trading venue rules.
• The Global Limit Manager (GLM) system which provides pre-trade controls, owning the system and responsible for monitoring on a real-time basis.
• Advising FID desk heads on e-trading control and limit structures.
• E-trading regulatory matters.
• Partnering with Global ETRM for FICC and the 3 lines of defence to uphold a globally consistent control framework.
• Partnering with business leads on e-Trading business initiatives.
• Review and approval of electronic trading platform implementation
• Setting of trading limits and defining appropriate limit structure governance.
• Regulatory reporting governance.
• Conducting risk reviews of sales and trading applications.
• Reviewing application and engine behaviour against internal policies and external regulatory requirements.
• Leading new products approval process.
• Technical e-Trading reviews.

What we’re looking for:

• An understanding of and interest in the broader business and regulatory environment is necessary.
• Ability to interact and build strong relationships with stakeholders across teams, functional boundaries, and with clients.
• Ability to recognize and manage conflicting priorities/expectations across multiple stakeholders.

· Knowledge & experience of Fixed Income products is preferred. A good understanding of the front-office processes is also preferred, particularly:

o Electronic Trading Governance

• Regulatory requirements

o Regulatory Reporting

· Experience in financial services in building, supporting, or auditing front office sales and trading systems; or some experience in management of technology led projects and understanding the complexities and issues that result from such initiatives.

• Capability to perform data analysis and have a strong willingness to learn new technologies.
• Strong multitasking and organisational skills.

Flexible work statement:

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.

Equal opportunities statement:

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize 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. #LI-KF1