Market Risk; Risk Management : Level - Associate

Firm Risk Management

Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk‑adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks.

The role will reside within the Firm Risk Management's Market Risk Department (MRD) which is a team dedicated to providing governance and oversight of all market risk arising from the Firm's business activities. The successful candidate will join the Fixed Income Macro coverage team which oversees products in the interest rate, foreign exchange, and emerging market spaces as well as cross‑asset trading strategies.

• Maintain ongoing dialogue with trading desks and senior risk managers regarding positioning, market developments, trading strategies, limit usage, and risk representation of new trades
• Monitor market risks through the review of portfolio risk sensitivities, Value‑at‑risk (VaR), stress scenario analysis and limit management
• Support projects involving coverage area, such as risk analytics, market risk modelling enhancements, development of stress tests and regulatory initiatives
• Collaborate closely with colleagues from the global Firm Risk Department and other support groups, including Trading Risk Governance, Finance, Technology
• Perform regular deep dives and presentations on various products, clients, and help present and articulate key risks and portfolio changes to senior management in a timely manner

• Candidate must have a bachelor's degree at a minimum and 1‑2 years of experience, quantitative background preferred
• Attention to detail, ability to handle multiple priorities and operate autonomously while still being able to elevate appropriately
• Motivated self‑starter to develop expertise in financial products, markets, and risk management practices with minimal supervision
• Technological proficiency in Excel, SQL and Python
• Highly developed interpersonal skills which can be used to prepare and present risk information to a variety of audiences
• Knowledge of market risk concepts such as VaR, stress scenario analysis
• Product knowledge of interest rates and/or FX and ability to evaluate basic Greek sensitivities

FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views.

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.

To learn more about our offices across the globe, please copy and paste ‑offices into your browser.

Expected base pay rates for the role will be between $100,000 and $140,000 year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long‑term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley's goal is to build and…