What you’ll do in the role:
Morgan Stanley & Co., LLC is seeking a Vice President, Risk Management in New York, New York to identify, understand, solve, and monitor challenges related to electronic and algorithmic trading. Implement and own electronic trading risk controls which are designed to enable business development in a risk-controlled manner. Monitor electronic trading activity and controls in real-time and address issues when they arise. Perform analysis based on large complex datasets and system logs to diagnose issues and develop fact-based recommendations and solutions to problems and inquiries. Own and enhance a variety of critical operational processes focused on mitigating operational and regulatory reporting risks. Provide electronic trading subject matter expertise and risk oversight as it relates to existing electronic trading product risk management coverage, algorithm development, the development of new electronic trading products and the strategy and implementation of new sources of electronic liquidity. Program management of business initiatives.
What you’ll bring to the role:
-Requires a Bachelor’s degree in Business, Finance, or a related field
-Requires three (3) years of experience in the position offered or three (3) years as a Risk Management Associate, Trading Associate, Trading Strategist Associate, Trading Algorithm Software Developer Associate, or a related role
Requires three (3) years of experience with the following skills:
- Equity and listed derivatives market micro-structure across the Americas;
- Identifying, troubleshooting, and solving real-time and strategic issues with trading systems, controls, and regulatory inquiries;
- Managing systematic, low-latency, algorithmic trading risks across multiple risk stripes including technology, liquidity, market, regulatory and operational risk;
- Using data science and data analytical approaches to analyze large data sets for decision making;
- Project management for cross divisional initiatives including software development;
- Using limit management systems and user interface to manage market impact;
- Interpreting algorithmic trading activity and behavior;
- Overseeing and coordinating large scale cross-divisional control deployments;
- Understanding the Americas regulatory landscape, and how e-trading processes fit within that;
- Third party vendor platforms and limit management tools;
- Reviewing technology deployments, and ensuring there is suitable risk management;
- Understanding the differences in trading behavior between different asset classes and underliers;
- Bloomberg;
- PowerBI;
- Business Objects;
- Microsoft Visio;
- Microsoft Office Applications;
- Python;
- Shell scripting; and
- Q/KDB.
-Requires one (1) year of experience with the following skills:
Representing e-trading risk functions in senior governance forums.
Expected base pay rates for the role will be between $225,000 and $250,000 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.
