Associate, Risk COO (Risk Management) - Morgan Stanley
New York, NY
About the Job
Job Number:
3262952Posting Date
: Dec 3, 2024Primary Location
: Americas-United States of America-New York-New YorkJob
: Risk COODescription
Company Profile
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 to grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
Department Profile
Firm Risk provides independent market, credit and liquidity risk oversight across the Firm's trading and investment activities. Risk Analysis and Reporting is a critical component of Firm Risk, responsible for performing detailed risk analysis, creating comprehensive risk reporting and designing and implementing strategic reporting solutions.
Background on the Position
Morgan Stanley seeks a professional for Risk Analysis and Reporting team within Firm Risk Management department. The individual will cover a diverse range of responsibilities to facilitate analysis, reporting and control of risk information to meet the requirements of the Firm's Risk Management function and the regulators.
To be successful, candidate needs to have relevant educational background (finance, economics, programming), relevant work experience (BI development, data modeling, Risk Management, financial reporting), exceptional computer application skills, and the ability to work independently and efficiently under tight deadlines. Information processed in the department is confidential and thus the candidate must demonstrate integrity.
Primary Responsibilities
> Develop, implement, and maintain dashboards, automated reporting processes and analytical tools for managing and monitoring risk across FRM.
> Continually evaluate existing reports, processes, and analytical tools to identify areas for improvement in efficiency and effectiveness of these reports and analytical tools.
> Liaise with other teams across Risk Reporting and with the wider FRM on cross-functional projects.
> Manage ad-hoc requests from senior management to ensure timely and accurate responses.
Qualifications
Qualifications
> Bachelors / Master's Degree in finance, or engineering
> Expertise in data extraction and manipulation (SQL), data visualization tools (PowerBI), reporting process automation (VBA, MS PowerApps), proficiency in Microsoft applications (Excel and PowerPoint)
> Preferred Knowledge of financial products and financial risk management through industry experience
> Strong analytical and problem-solving skills
> Knowledge/experience in Project Management, SharePoint and programming languages like Python and/or JavaScript is preferred.
> Very good communication skills, both oral and written
> 3-5 years of work experience in financial reporting, portfolio analytics, and/or computer programming
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).
Firm Risk Management values diversity and is committed to providing a supportive and inclusive workplace for all employees.