Vice President, Risk / Policy Management

In the Firm Risk Management division, we advise businesses across the Firm on risk mitigation strategies, develop tools to analyze and monitor risks and lead key regulatory initiatives.

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.

What you’ll do in the role:

Morgan Stanley Bank, N.A. is seeking a Vice President, Risk / Policy Management in New York, New York to monitor market risks using Value-at-Risk (VAR), Greeks, Stress Testing and Scenario analysis tools. Perform risk assessment of the Banks balance sheet, including mortgages, loans, bank deposits, liquidity portfolio, and trading portfolios on the Bank. Assess and monitor interest rate risks related to banking book business activities, utilize metrics including Net Interest Income (NII) and Economic Value of Equity (EVE). Maintain active dialogue with portfolio managers, senior management, business units, Risk Management colleagues, and other support groups regarding trading and hedging strategies, risk metrics and limit frameworks. Prepare reports and presentations that communicate key risk drivers to the Board of Directors, senior management, and regulators. Collaborate with senior business professionals in enhancing planning, stress testing, and limit setting. Monitor relevant market events and drivers. Use SQL and VBA scripts to extract and analyze market risk data. Manage a team of Analysts and Associate to deliver Firm deliverables. Telecommuting permitted up to 2 days per week.

What you’ll bring to the role:

-Requires a Bachelor’s in Computer Engineering, Management, Finance or related field of study.

-Requires five (5) years of experience in the position offered or five (5) years as an Associate; Manager; Risk Management; Market Risk Management; or related occupation.

-Requires five (5) years of experience with the following skills:

• Risk Management;
• performing Stress Testing, Limit setting, Greek, risk exposure analysis of loans and trading positions;
• Presenting to Board level stakeholders in asset-liability committee (ALCO) and Risk meetings;
• Using market risk knowledge to assess business proposals impacting banking book and trading book products;
• Managing risk limits of lending and trading portfolios and communicating with traders;
• Leading cross divisional projects involving information technology teams and risk teams;
• Risk in fx, futures, forwards, interest rate swap and cross currency swaps;
• XVA calculation;
• Market risk regulatory submissions;
• Programming languages including: VBA and SQL;
• Using project management tools to automate work;
• Preparing and presenting risk analysis utilizing MS Excel and MS PowerPoint.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

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Expected base pay rates for the role will be between $198,000 and $205,000 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.

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 basis 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 law.

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