Vice President, Risk Management
About the role
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. In the Prime Brokerage and Institutional Equity division, we provide our clients around the world with intellectual insights and innovative product solutions and services that help them generate alpha.
Responsibilities
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.
Requirements
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.
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