Firm Risk Management

Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm and Investment Funds from exposure to losses as a result of market, liquidity credit and other risks.

Background on the Position

The role will reside within FRM's Investment Management coverage team which is a team dedicated to providing governance and oversight of all risks arising from the Morgan Stanley Investment Management (MSIM) Division. The successful candidate will be based in New York and will provide investment, liquidity and credit risk coverage of the MSIM's extensive Fixed Income Public Funds, Separately Managed Accounts (SMAs) and CLOs.

Primary Responsibilities

Identifying, assessing and monitoring financial and liquidity risks related to the Firm's Investment Management business (with specific focus on its Public Investment Fund activities) across investment, liquidity and credit risks. Maintaining active dialogue with investment management business units & portfolio managers, risk management colleagues and other groups regarding business strategies, risk representation, and limit compliance Collaborating with senior business professionals in enhancing stress testing and risk threshold setting covering Public Funds (UCITS / 40 Act), Preparing and presenting briefings to senior management on key risk issues Executing projects to investigate and improve the risk representation of the MSIM's financial risk, liquidity profile and stress testing framework Communicate results of analyses with relevant stakeholders Creating high quality reports for Boards, Regulators and internal use on a regular basis Innovate ways to identify key risks/concentrations and implement processes to actively monitor these risks Assist, as needed, with the review and challenge of existing stress models Liaise with business personnel, risk managers and Corporate Treasury to ensure the appropriateness of the representation of Investment Management liquidity risks

Skills Required

Excellent academic background, preferably with a degree in business, finance or a quantitative discipline Minimum of 6 years of experience preferred in the financial services industry (particularly investment risk or portfolio management) Strong understanding of financial risk, liquidity, investment management and financial products Quantitatively oriented with strong intuition and ability to make judgments Ability to synthesize complex data sets and problems and conceptualize appropriate solutions Proactive with the ability to work as both part of a close-knit team and independently Excellent communication skills for written, graphical and verbal presentation Knowledge of various public investment fund types including public fixed income products, Loans, CLOs and money market funds

Experience

6-8 years of experience preferred in the financial services industry (particularly investment risk or portfolio management)

Expected base pay rates for the role will be between $85,000 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.

This role is hybrid and currently requires in office attendance 3 days/week. The in office requirement is subject to change at any time.

Morgan Stanley’s goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the base of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by the law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).

Job: *Risk Management

Title: Associate, Asset Management, Fixed Income, Investment Risk

Location: New York-New York

Requisition ID: 3252617