Market Risk (Risk Management) : Job Level - Executive Director at Morgan Stanley

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

07 Apr, 26

Salary

275000.0

Posted On

07 Jan, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Management, Regulatory Compliance, Project Management, Stakeholder Engagement, Risk Frameworks, Capital Management, Cross-Functional Collaboration, Strategic Planning

Industry

Financial Services

Description

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 the Firm Risk Management's Market Risk Department (MRD). Based in New York, this individual will report to MRD's Global COO. The successful candidate will lead the Firm's Fundamental Review of the Trading Book (FRTB) program, overseeing its strategic direction, regulatory compliance, and cross-functional execution across jurisdictions. Primary Responsibilities > Be the central point of accountability for program delivery, governance, stakeholder engagement, and regulatory interactions > Manage and drive the global FRTB program, ensuring alignment with firmwide strategic objectives and regulatory timelines > Provide regular updates on program status, risks, and strategic decisions to senior Risk and Finance management > Collaborate with stakeholders across Risk, Finance, Operations, Technology, and Front Office to ensure cohesive implementation and delivery > Chair and participate in senior risk and capital committees > Represent the Firm in industry forums and working groups Experience > Bachelor's degree in Finance, Economics, Mathematics, or related field > Proven track record in leading complex regulatory programs in global financial institutions > Strong understanding of risk and capital frameworks > Strong project management skills with experience in cross-functional WHAT YOU CAN EXPECT FROM MORGAN STANLEY: We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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. Expected base pay rates for the role will be between $165,000 and $275,000 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).

Responsibilities

The successful candidate will lead the Firm's Fundamental Review of the Trading Book (FRTB) program, overseeing its strategic direction and regulatory compliance. They will manage program delivery, governance, and stakeholder engagement while collaborating with various departments.