Vice President, Risk / Policy Management
About The Position
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. Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment, 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. What you’ll do in the role: Morgan Stanley Bank, N.A. is seeking a Vice President, Risk / Policy Management in New York, New York to monitor market risks using Value-at-Risk (VAR), Greeks, Stress Testing and Scenario analysis tools. Perform risk assessment of the Banks balance sheet, including mortgages, loans, bank deposits, liquidity portfolio, and trading portfolios on the Bank. Assess and monitor interest rate risks related to banking book business activities, utilize metrics including Net Interest Income (NII) and Economic Value of Equity (EVE). Maintain active dialogue with portfolio managers, senior management, business units, Risk Management colleagues, and other support groups regarding trading and hedging strategies, risk metrics and limit frameworks. Prepare reports and presentations that communicate key risk drivers to the Board of Directors, senior management, and regulators. Collaborate with senior business professionals in enhancing planning, stress testing, and limit setting. Monitor relevant market events and drivers. Use SQL and VBA scripts to extract and analyze market risk data. Manage a team of Analysts and Associate to deliver Firm deliverables. Telecommuting permitted up to 2 days per week.
Requirements
- Requires a Bachelor’s in Computer Engineering, Management, Finance or related field of study.
- Requires five (5) years of experience in the position offered or five (5) years as an Associate; Manager; Risk Management; Market Risk Management; or related occupation.
- Requires five (5) years of experience with the following skills: Risk Management; performing Stress Testing, Limit setting, Greek, risk exposure analysis of loans and trading positions; Presenting to Board level stakeholders in asset-liability committee (ALCO) and Risk meetings; Using market risk knowledge to assess business proposals impacting banking book and trading book products; Managing risk limits of lending and trading portfolios and communicating with traders; Leading cross divisional projects involving information technology teams and risk teams; Risk in fx, futures, forwards, interest rate swap and cross currency swaps; XVA calculation; Market risk regulatory submissions; Programming languages including: VBA and SQL; Using project management tools to automate work; Preparing and presenting risk analysis utilizing MS Excel and MS PowerPoint.
Responsibilities
- Monitor market risks using Value-at-Risk (VAR), Greeks, Stress Testing and Scenario analysis tools.
- Perform risk assessment of the Banks balance sheet, including mortgages, loans, bank deposits, liquidity portfolio, and trading portfolios on the Bank.
- Assess and monitor interest rate risks related to banking book business activities, utilize metrics including Net Interest Income (NII) and Economic Value of Equity (EVE).
- Maintain active dialogue with portfolio managers, senior management, business units, Risk Management colleagues, and other support groups regarding trading and hedging strategies, risk metrics and limit frameworks.
- Prepare reports and presentations that communicate key risk drivers to the Board of Directors, senior management, and regulators.
- Collaborate with senior business professionals in enhancing planning, stress testing, and limit setting.
- Monitor relevant market events and drivers.
- Use SQL and VBA scripts to extract and analyze market risk data.
- Manage a team of Analysts and Associate to deliver Firm deliverables.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
