Electronic Trading Business Controls VP

Electronic Trading Risk Management (ETRM) is a front-office team within Morgan Stanley’s Institutional Equity Division (IED) responsible for managing the risks associated with electronic trading of equities and listed derivatives in the Americas. ETRM is a cross-functional and highly technical/analytical team, uniquely positioned to identify, understand, solve, and monitor a variety of challenges related to electronic and algorithmic trading.

ETRM partners closely with a diverse set of stakeholders including Product Management, Traders, Client Coverage, Legal and Compliance, Technology, Operations, Desk Strategists, Quantitative Research, Clients and External Regulators.

This role requires a balance of technical/analytical skills, the ability to partner with multiple functional areas of the firm and an interest in trading and market structure.

Core responsibilities of this role include:

· Implementation and ownership of electronic trading risk controls, designed to enable business development in a risk-controlled manner

· Monitoring electronic trading activity and controls in real-time and taking action, when necessary, to address issues

· Performing analysis on large complex datasets and system logs to diagnose issues and develop fact-based recommendations and solutions to problems and inquiries

· Owning and enhancing a variety of critical operational processes focused on managing operational and regulatory reporting risks

· Facilitating and coordinating meetings and workshops with stakeholders at all levels of the organization

· Providing electronic trading subject matter expertise and risk oversight as it relates to:

o Existing electronic trading product risk management coverage

o Algorithm development risk management

o New electronic trading product development

o Strategy and implementation of new sources of electronic liquidity, both internal and external to Morgan Stanley

· Program management of large cross-IED electronic trading technology change initiatives

· Providing subject matter expertise, analysis, and driving strategy with respect to electronic trading regulatory inquiries, firm litigation matters, and internal audit exams

· Managing and developing junior team members

The successful ETRM candidate has:

· Bachelor’s degree with strong academic performance

· Preferred Major or Minor in Computer Science or Information Systems or similar technical field

· 7+ years of relevant professional experience in Financial Services or Technology or related industry

· Direct professional experience in a securities trading business in some functional capacity, ideally focused on algorithmic/electronic trading

· A desire to work in a fast-paced, dynamic, and unpredictable environment with a willingness to solve problems in real-time using a hands-on data-driven approach

· Strong motivation, be a self-starter with a positive outlook and a desire to solve problems

• Strong communication skills with a demonstrated ability to communicate effectively verbally and in writing at all levels of the organization
• Management experience of 2-3 employees