What you'll do in the role:Morgan Stanley Services Group, Inc. is seeking an Associate, Risk / Policy Management in New York, New York to manage market risk for trading desks with direct engagement across traders, trading management, and strategists, ensuring timely escalation of identified risks to senior risk managers. Collaborate with credit, finance, and valuation control teams, as well as real-time involvement in approving complex and large transactions. Facilitate independent challenge of trading decisions, understand P&L drivers, build tools for risk and P&L analysis, participate in new product approval processes, and continuously review limit and reporting frameworks to ensure alignment with evolving business strategies and market conditions. Perform stress testing scenario analysis for weekly production and annual CCAR submission, signing off risk submissions to regulators and senior management, and communicating key risks and portfolio changes through presentations. Telecommuting permitted up to 2 days per week.
What you'll bring to the role:-Requires a Bachelor's degree in Financial Economics, Finance, or a related field of study.
-Requires four (4) years of experience in the position offered or four (4) years as an Associate, Analyst, or related occupation.
-Requires four (4) years of experience with the following skills:
- Market risk management, including risk identification, measurement, and mitigation across diverse asset classes and investment structures;
- Design and implement risk limit frameworks that align with regulatory standards and business objectives;
- Monitor and analyse quantitative risk metrics such as Value at Risk (VaR), sensitivity analysis, and basis calculations for hedged positions;
- Design of stress testing methodologies, including scenario design, narrative coherence, and interpretation of results to assess portfolio vulnerabilities;
- Manage portfolio risk inventory, including monitoring exposures, hedges, and ensuring accurate risk representation;
- Evaluate and enhance pricing, risk, and capital models, addressing deficiencies and ensuring model suitability for complex products; and
- Develop interactive dashboards using Power BI for risk visualization and reporting, and program using SQL and Python.
Expected base pay rates for the role will be between $133,000 and $140,000 per 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.
Telecommuting permitted up to 2 days per week.
