CAIA's Career Center is an easy-to-use, comprehensive resource connecting job seekers with employers in the growing AI field. Use your knowledge and credibility to advance your career or build a talented team for your organization. Opportunities targeted to CAIA Charterholders are prioritized.
In order to search for jobs specifically for CAIA Charterholders or those pursuing the CAIA Charter please enter “CAIA” in the search panel.
This will enable you to search for CAIA specific roles globally.
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management 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.
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
The Risk Management division is at the core of the firm's activities, and its role is evolving and expanding in line with changing industry standards, regulatory requirements, and commercial pressures. The Risk Management Division comprises a number of Risk coverage and functional Departments, of which the Market Risk Department plays a critical role in delivering independent control and challenge to the business.
The Market Risk Department is responsible for identifying, analysing, measuring, controlling, and reporting market risk exposures generated as a result of both trading and banking activities booked in EMEA and the UK Group. The Department consists of business-facing market risk managers and a Portfolio Analysis & Stress Testing team.
Morgan Stanley is seeking an Associate to join its London based Market Risk Portfolio team (which sits within the Market Risk Department). The successful candidate will cover cross asset legal entity risk management and governance. . The candidate will also be required to work closely with the teams based in both London and Budapest.
The role covers all aspects of Market Risk Legal Entity Risk Management and Governance including:
Analysis of various components of IMA (VaR, Stressed VaR, IRC, CRM, RNIVs)
Limit setting, monitoring and analysis
Ensure Legal Entity risk reporting is fit for purpose and develop any new reporting required for both senior management and regulatory consumption
Support the production and review of Market Risk governance packs
Understand P&L drivers and construct tools as required to facilitate P&L explain and backtesting analysis.
Skills required (essential)
Knowledge of financial products, including an understanding of risk representations (e.g. greeks) and an understanding of risk management concepts such as VaR, stress testing, scenario analysis and capital.
FRTB background will be a plus.
An excellent academic background, including an advanced degree in a quantitative discipline, such as economics, finance, statistics/mathematics, sciences or engineering. Any additional qualifications, such as an FRM, would also be looked upon favourably.
Be able to demonstrate good judgment of risks and an understanding of risk areas covered, in particular Fixed Income, including markets, models and products.
Proactive with the ability to work as both part of a close-knit team and independently.
Attention to detail, project management and prioritization skills will be key in balancing daily deadlines with timely implementation of strategic projects.
Good communication skills for written, graphical and verbal presentation.
Strong excel and powerpoint skills will be required
Proficiency with a variety of IT applications as well as a good understanding of programming is advantageous.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents.*LI-CL1