Asia Equity Market Risk, Vice President

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 Market Risk Department and will cover the Equities business.

The Market Risk Division ("MRD") is responsible for the independent identification, analysis, reporting and escalation of all market risk exposures arising from Asia business activities, acting independently of business management and providing an effective challenge process.

• As a desk-facing manager, engagement with traders, trading management and strategists with appropriate escalation of risks identified to senior risk managers. Close collaboration with the credit, finance, valuation control functions.
• Real-time involvement in approval of complex & large transactions. Performing deal analysis, including independently assessing overlooked risks, agreeing hedging strategies with the Front Office, determining approval standards and writing concise decision support briefs. Ultimately providing formal approval / veto to senior risk managers.
• Understand and explain relationship between risks and pnl volatility.
• Contribute to the assessment of the suitability and performance of pricing, risk and capital models and work with relevant groups to address material deficiencies.
• Development of risk methodologies, stress scenarios and tools. Involvement in system improvement working closely with traders, quantitative analysts, IT and other groups within the Firm
• Data exploration (through SQL, Python, Excel, VBA) in order to shed light onto new risks. Either existing technical skills or willingness to pick those up.

• Degree, or equivalent, in a quantitative subject, mathematics or statistics
• 6+ years experience in risk management and / or quantitative field in a sell-side institution
• Knowledge of Equity markets and products is a key benefit
• Strong analytical and problem-solving skills
• Ability to work independently in a self-directed way in a collaborative, team-oriented environment.
• Ability to effectively communicate with a wide range of stakeholders.
• Strong attention to detail and ability to provide information in usable formats (proficiency in Microsoft office, including Excel, PowerPoint and Word)
• Strong organizational skills with an interest in working in a fast-paced environment, often balancing multiple high priority deliverables.