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 from exposure to losses as a result of credit, market, liquidity, operational, model and other risks.
Background on the Position
The role will reside within Firm Risk Management’s e-Trading Risk Management team. e-Trading Risk Management provides oversight of the Firm’s e-Trading activities, serving as a second line of defense. Responsibilities include, but are not limited to, oversight and monitoring of the Firm’s overall e-trading businesses including independent identification, analysis, reporting and escalation of risks arising from the Firm’s e-Trading activities, providing an effective and independent challenge process as well as 2nd line e-Trading risk limit setting and monitoring. Firm Risk Management’s e-Trading Risk Management team focuses primarily on the Operational and Market risks arising from electronic trading and works closely with counterparts in Market Risk Department, Operational Risk Department, Model Risk Management and Credit Risk Department as well as the 1st line business and other support and control functions.
Primary Responsibilities
- Analysis and review of e-Trading algorithms, including controls and testing methods, as part of 2nd Line of Defense oversight.
- Oversee e-trading limits and controls to ensure the business is taking risk consistent with the Firm’s strategy.
- Support and enhance the governance and controls for e-Trading and assisting in the development of new controls where appropriate
- Collaborate across a diverse set of stakeholders including: Sales and Trading Business Units, Quantitative Strategists, Business Unit Risk Management, Compliance, Technology and Operations
- Partner with other risk functions on the reporting and management of risks associated with electronic trading.
- Effectively communicate key risks to senior management on a regular basis, including creation of presentations articulating key risks.
- Escalate emerging or developing risks as the technological landscape evolves.
- Contribute to and support global and regional Risk committees
Experience
Required
- 10 Years + Experience in a role with direct exposure to electronic trading (Risk Management, Technology, Operational Risk, etc.) or experience in algorithm development, including FIX messaging, market micro-structure, and market data is beneficial.
- Good understanding of regulatory requirements for electronic trading.
- Excellent academic background, including an advanced degree in a quantitative discipline, such as Economics, Finance, Sciences or Engineering.
- Strong knowledge of financial products, including an understanding of risk representations and a solid understanding of risk management concepts as well as market dynamics
- Experience in working in cross-functional and cross-cultural working environments
- Resilient, self-managing and highly organized with a quality and delivery mind set
- Strong verbal and written communication skills
FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views.
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.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.
Skills Required
- 10+ years experience with direct exposure to electronic trading or algorithm development (including FIX messaging, market microstructure, market data).
- Good understanding of regulatory requirements for electronic trading.
- Advanced degree in a quantitative discipline (Economics, Finance, Sciences, Engineering).
- Strong knowledge of financial products, risk representations, risk management concepts, and market dynamics.
- Experience working in cross-functional and cross-cultural environments.
- Resilient, self-managing, highly organized with a quality and delivery mindset.
- Strong verbal and written communication skills, including preparing presentations for senior management.
Morgan Stanley Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Morgan Stanley and has not been reviewed or approved by Morgan Stanley.
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Parental & Family Support — Family support is extensive, with paid parental leave for all parents, adoption and fertility assistance, backup childcare, and eldercare resources. Feedback suggests these programs meaningfully enhance the overall package and help with retention.
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Healthcare Strength — Health coverage spans medical, dental, vision, mental‑health access, care navigation, and expert second opinions. Convenient primary care access and condition‑specific support reinforce the depth of healthcare coverage.
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Equity Value & Accessibility — Equity compensation and stock ownership are positioned as core motivators that encourage commitment and retention. Feedback suggests education and support are provided to help participants manage equity and related financial benefits.
Morgan Stanley Insights
What We Do
Morgan Stanley mobilizes capital to help governments, corporations, institutions and individuals around the world achieve their financial goals. For over 85 years, the firm’s reputation for using innovative thinking to solve complex problems has been well earned and rarely matched. A consistent industry leader throughout decades of dramatic change in modern finance, Morgan Stanley will continue to break new ground in advising, serving and providing new opportunities for its clients. Morgan Stanley is committed to maintaining the first-class service and high standard of excellence that have always defined the firm. At its foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide its more than 60,000 employees in 1,200 offices across 41 countries.
