IED, Counterparty Risk Manager, Associate London

Job Number:
3259423

POSTING DATE: Sep 20, 2024

PRIMARY LOCATION: Europe, Middle East, Africa-United Kingdom-United Kingdom-London

JOB: Investment Banking/Sales/Trading/Research

EMPLOYMENT TYPE: Full Time

JOB LEVEL: Associate

DESCRIPTION

• Perform risk analysis of global multi-asset portfolios to assess market and liquidity risks, with focus on equities, rates, commodities, FX and credit.

• Manage risk identification of model and portfolio assumptions, market inputs, pricing issues, and drive understanding of the design of respective risk measurement methodologies including Va R, stress testing, scenario analysis, liquidity analysis, and more.

• Participate in the client onboarding process including due diligence calls, sample portfolio analysis, documentation negotiation, and more.

• Maintain regular client dialogue on proposed portfolios or limit requests and be articulate Morgan Stanley’s margin methodologies and risk management approach.

• Work closely with Trading, Sales, Credit, and IT teams to ensure market risks are fully understood, captured and approaches challenged where necessary.

• Engage market experts to develop views of market conditions, ensuring deep understanding of inherent risk and be able to explain concisely to internal decision makers and interested external parties, such as regulators, if required.

• Interact regularly with exchanges and CCPs to understand drivers of exchange margin methodologies and be an advocate for improvements where necessary.

QUALIFICATIONS

• Strong quantitative and analytical skills required. Advanced degree in economics, finance, mathematics, statistics or related field preferred.

• 3+ years of experience in the financial services industry, with experience in a similar risk role and/or experience in Prime Brokerage or Derivatives.

• Product knowledge in Listed Derivatives and OTC Clearing including futures, options, interest rate swaps, inflation swaps and credit default swaps.

• An understanding of the regulatory requirements applicable to the futures markets, and a broad knowledge of the trading, operational, and risk management practices within an FCM and/or broker-dealer.

• Ability to self-manage priority queues and operate effectively with limited supervision.

• Strong interpersonal, verbal and written communication skills with a high level of intellectual curiosity for markets. Candidate must be able to communicate in a concise and articulate manner to internal stakeholders across the organization as well as clients, CCPs, and regulators.

• Advanced Excel skills required, Python skills a plus.