ISG Counterparty Risk Manager - Associate at Morgan Stanley

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

15 Jan, 26

Salary

140000.0

Posted On

17 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Analysis, Credit Risk, Market Risk, Collateral Management, Margin Calls, Counterparty Risk, Trade Structures, Regulatory Compliance, Equities, Fixed Income, Communication, Decision Making, Portfolio Management, Stress Testing, Governance, Collaboration

Industry

Financial Services

Description

Perform monitoring and risk analysis of global multi-asset portfolios to assess credit and market risks, with a focus on large client exposures that span across multiple Firm businesses and products. Execute framework to measure collateral shortfalls with margined clients Escalate material margin calls to ISG Management and manage their resolution Own forums to socialize material counterparty exposures with Senior ISG Management and 2nd line Risk Management Serve as the central point of coordination for distressed and defaulted counterparties. Aid active decision making around liquidation of client portfolios. Run table top exercises across ISG to enhance closeout procedures Provide advice and approvals on complex trade structures. Own forum to define counterparty documentation framework and approve exceptions Execute regulatory agenda for counterparty and documentation related engagements Manage Firm's margin models including SIMM Model, which is used for compliance with global Uncleared Margin Rules. Run ISG Margin and Stress Test Model Governance Committee Work closely with senior ISG management, senior Institutional Equities and Fixed Income business unit management, business unit counterparty risk teams, 2nd Line Credit Risk, and IT teams to ensure counterparty risks are fully understood, captured and approaches are challenged where necessary Advanced degree in economics, finance, mathematics, statistics or related field preferred. 2+ years of experience in the financial services industry, with experience in a similar risk role and/or experience in Institutional Equities, or Fixed Income. Product knowledge in equities and fixed income products Ability to effectively prioritize work and operate with limited supervision Candidate must be able to communicate in a concise and articulate manner to internal stakeholders across the organization 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. 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. Expected base pay rates for the role will be between $100,000 and $140,000 per year for Associate, at the commencement of employment. 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.

Responsibilities

The role involves monitoring and risk analysis of global multi-asset portfolios, focusing on large client exposures across multiple Firm businesses. The manager will also coordinate distressed counterparties and aid in decision-making regarding liquidation of client portfolios.