Morgan Stanley

Asia Risk Coverage - Market Risk - Associate

Profile Description

We’re seeking someone to join our team as an [Associate] to [help with proactive market risk management on our Asia Portfolio market risks. The role will include analysis of big equity market moves, product types and business activities of the Firm and providing appropriate solutions for the organization].

Firm Risk Management

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.

Company Profile

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you’ll do in the role:

Department Profile:
The Market Risk Department (MRD) provides independent oversight of the Firm’s business activities, material market and idiosyncratic stresses; identifying, measuring, monitoring, advising, challenging and controlling market risks generated by the Firm’s market-making and banking activities.


Team Profile:
The Morgan Stanley Market Risk Department (MRD) seeks a professional for a market risk role in the Market Risk Managers function in Mumbai at an Associate/Director level. The team focuses on helping with proactive market risk management on our Asia Portfolio market risks. The role will include analysis of big equity market moves, product types and business activities of the Firm and providing appropriate solutions for the organization. The role involves significant collaboration with partners across the globe, particularly in Hong Kong, Singapore, Japan, China and Korea and some collaboration with Budapest, New York, and London. The candidate selected for the role will need to balance financial product understanding, process management, logical and people skills and hence we are looking for an employee knowledgeable about the principles of scenario design and stress testing, with a general knowledge of Market Risk principles, Macro-economic theory and a self-starting nature.

Role & Responsibilities:
• Identifying, assessing, and monitoring risks related to the Firm's trading activities with initial focus on equity related products.
• Supporting senior risk managers on a variety of tasks, which include, but not limited to, deal approvals, risk analysis, limit setting, and providing risk transparency
• Portfolio Analysis using exposures and VaR, creating risk summaries, and presenting risk updates to senior management.
• Monitor market risks limit utilization and escalate any breaches.
• Identify major Pnl drivers of the desk highlight it to management.
• Stay abreast of market trends, emerging risks, and macro-economic themes, understand the associated risks.
• Build and advice the team on tooling for efficient risk management.

What you’ll bring to the role:

Qualifications/Skills Required:
To be successful, candidates will benefit from relevant experience, a strong desire to lean and the ability to work in a small specialized team.
• 4 or more years of experience preferably in Market Risk management.
• Thorough knowledge of financial greeks, equity option strategies, VaR, stress testing concepts.
• Good Understanding of risk management concepts and financial products across asset classes especially Equities.
• Understanding of market dynamics and macro-economic themes.
• Balance between regular and development / ad-hoc related tasks.
• Excellent writing and presentation skills to effectively communicate with senior management.
• Proficiency in MS Office (excel, word and power point).
• Strong quantitative skills
• Ability to work in a small team environment, building and maintaining a network of contacts and coordinating with multiple stakeholders
• Intermediate Python skills

Qualifications/Skills Desired:
• Prior experience with market risk management (Equity Preferred).
• Familiarity with PowerBI
• FRM/CFA or any other relevant certification course.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.

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.