Electronic Trading Risk Management Associate
Morgan Stanley Β· New York
About this role
The position will reside within FRM's Electronic Trading Risk team in NY. The role will cover electronic trading across all asset classes including cash, derivatives, equity and fixed income products facilitated by our ISG, US Banks, WM and IM businesses. The eTrading team within FRM oversees potential risks that electronic trading introduces, primarily across the Market and Operational Risk spectrum
The ideal candidate should have the ability and desire to learn about financial markets, have strong common sense, and be able to think critically. The risk manager will work closely with senior risk managers and connect with other groups within the Firm. Responsibilities > Overall risk management and governance of Morgan Stanley's Electronic Trading business across equities and fixed income > Assist in the continued expansion of FRM eTrading's coverage of electronic trading coverage to Morgan Stanley's non-ISG businesses (US Banks, WM, IM) > Perform analysis and behavioral review of eTrading algorithms, including controls and testing methods > Oversee eTrading limits and controls, including intraday monitoring and escalation, to ensure the business is taking risk consistent with the Firm's strategy
> Monitor and review Operational Risk Events and self-identified issues relating to or impacting eTrading > Collaborate across a diverse set of stakeholders including Sales and Trading Business Units, Quantitative Strategists, Business Unit Risk Management, Compliance, Technology and Operations. > Communicate key risks to senior management > Contribute and support global and regional Risk governance committees, forums, and working groups > Suitable candidates will have an excellent academic background including a degree in a quantitative discipline, such as economics, finance, sciences or engineering. > Experience in a role with direct exposure to electronic trading (Risk Management, Technology, Operational Risk) or experience in trading systems, FIX me
Apply for this role on Morgan Stanleyβs official careers site.