Electronic Trading Risk - Core Institutional Equity - Vice President

Electronic Trading Risk Management (ETRM) is a front-office team within Morgan Stanley's Institutional Equity Division (IED) responsible for managing the risks associated with electronic trading of equities and listed derivatives in the Americas. ETRM is a cross-functional and highly technical/analytical team, uniquely positioned to identify, understand, solve, and monitor a variety of challenges related to electronic and algorithmic trading.

ETRM partners closely with a diverse set of stakeholders including Product Management, Traders, Client Coverage, Legal and Compliance, Technology, Operations, Desk Strategists, Quantitative Research, Clients and External Regulators.

This role requires a balance of technical/analytical skills, the ability to partner with multiple functional areas of the firm and an interest in trading and market structure.

Core responsibilities of this role include:

• Implementation and ownership of electronic trading risk controls (both pre-trade and post-trade), designed to enable business development in a risk-controlled manner
• Monitoring electronic trading activity and controls in real-time and taking action, when necessary, to address issues
• Performing analysis on and curating large complex datasets and system logs to diagnose issues and develop fact-based recommendations and solutions to problems and inquiries
• Owning and enhancing a variety of critical T+1 order and execution reporting controls focused on managing operational and regulatory reporting risks
• Facilitating meetings and engaging directly with stakeholders at all levels and across the firm
• Providing electronic trading subject matter expertise and risk oversight as it relates to:
  
  • Trading algorithm development
  • New electronic trading product development
  • Implementation of new sources of electronic liquidity, both internal and external to Morgan Stanley
• Project management of cross-IED electronic trading technology change initiatives
• Providing subject matter expertise, analysis, data curation respect to electronic trading regulatory inquiries, firm litigation matters, and internal audit exams
• Managing and developing junior team members

• 5-8+ years of relevant professional experience in Financial Services or Technology or related industry
• Bachelor's degree with strong academic performance
• Preferred Major or Minor in Computer Science or Information Systems or similar technical field
• Direct professional experience in a securities trading business in some functional capacity, ideally focused on algorithmic/electronic trading

• A desire to work in a fast-paced, dynamic, and unpredictable environment with a willingness to solve problems in real-time using a hands-on approach
• Strong motivation, be a self-starter with a positive outlook and a desire to solve problems
• Strong communication skills with a demonstrated ability to communicate effectively verbally and in writing at all levels of the organization