Job Information
Morgan Stanley IED – Trading Risk Manager - Associate in London, United Kingdom
Institutional Equity Division (IED)
IED is a global leader in the origination, distribution and trading of equity, equity-linked securities and equity-derivatives. The Firm’s equity Sales & Trading operations provide liquidity, distribute content, and create product solutions to help our diverse global client base.
About the team – Business Control Unit (BCU)
The BCU team is a specialist front office risk management team within IED, which partners with IED Management and business stakeholders to shape and execute the Division’s business strategy. The team focuses on managing daily risks impacting various IED activities including Trading & Execution, Product Manufacturing, Sales & Onboarding. The team is central in driving new business initiatives, in line with the division’s business plans.
The BCU team is also responsible for regulatory implementation across the IED division.
About Morgan Stanley
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.
What will you be doing?
The EMEA IED BCU team is looking for a self-starting, proactive Associate with the ability to operate in a fast-paced environment. Candidates should have a solid background in equities, understanding of equity derivatives will be a plus. Candidates should be able to apply sound judgment to business opportunities.
Primary responsibilities include:
• Trading risk management (non-market risk) of EMEA IED business and product lines with a focus on derivatives. • Partnering with global counterparts and functional areas to roll out new business initiatives in a risk-controlled manner. • Reviewing equity transactions and business initiatives. • Working with desk heads and trading teams to ensure effective governance and control of the IED businesses. • Co-ordinating governance, control, and approval forums. • Advising members of IED on management of non-market risks. • Leading deep-dive business reviews to proactively identify risk issues. • Design and implementation of robust control solutions. • Liaising with business support colleagues in areas such as Operations, Technology, Legal and Compliance as required. • Develop and implement improvements to existing control frameworks using innovative solutions (e.g., AI/ML techniques). #LI-KF1
What we’re looking for:
• A background demonstrating strong analytical critical thinking skills with a solution driven mindsetwith the ability to communicate advanced concepts in a concise and logical way, strong interpersonal and communication skills (verbal and writing). • Strong organisational skills, self-motivated and the ability to prioritise effectively. • A solid knowledge of equities, familiarity with equity derivatives is a plus. • Ability to co-ordinate across the broader firm to deliver a stronger control framework. • Experience with Python and interest applying a systems-based approach to problem solving preferred. • Degree in STEM degree/background preferred.
Where will you be working?
This role is based in 20 Bank Street, London.
Flexible work statement:
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Internal Applicants:
Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clickinghere.
Equal opportunities statement:
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize 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-KF1
Job: *Trading
Title: IED – Trading Risk Manager - Associate
Location: Europe, Middle East, Africa-GBR-GBR-London
Requisition ID: 3259297