Product Features
Blog
Contact Us
Sign In
Morgan Stanley
,
London, Greater London
Liquidity Risk Manager - Associate
Overview
Job Description
Liquidity Risk Manager - Associate Division: Risk Management Job Title: Liquidity Risk Manager Location: London Job Level: Associate Company Profile Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture. Department Profile The cornerstone of Morgan Stanley's risk management philosophy is the execution of risk-adjusted returns through prudent risk-taking that protects Morgan Stanley's capital base, liquidity and franchise. The EMEA Risk Management Division is responsible for the independent identification, analysis, reporting and escalation of all market, credit, operational and liquidity risk exposures arising from MSI Group business activities, acting independently of business management and providing an effective challenge process. The EMEA Liquidity Risk Department ("LRD") is a pillar of EMEA Risk Management, responsible for the oversight of the MSI Group's ability to survive adverse, idiosyncratic and market-related liquidity shocks. LRD's mandate includes liquidity risk assessment and identification, limit setting and enforcement, business strategy challenge, liquidity reserve model methodology oversight, and communication of liquidity risks to senior management and the Board. Primary Responsibilities Morgan Stanley is seeking a professional with previous liquidity or risk management experience to join independent Firm Risk Management in London at the Associate level. The role is for a resourceful associate assisting in oversight across numerous areas of the Liquidity Risk remit. Responsibilities can include but is not limited to oversight of the internal liquidity risk assessment, specialist in Prime Brokerage and Derivative Liquidity risk, stress testing, Liquidity Risk limits and management reporting. Core Responsibilities Include: Assist management on delivering the Liquidity Risk agenda. Work with Businesses to understand their business models, trade structures and funding flows. E.g. interaction between client businesses and the link to Secured Firm funding and liquidity risk relating to Derivative transactions. Closely liaise with other teams to validate liquidity risk calculations. Creating high quality reports for Boards, Regulators and internal use on a regular basis. Innovate ways to identify key risks/concentrations and implement processes to actively monitor these risks. Review and challenge of existing stress models. Liaise with Treasury, business personnel and risk managers to ensure the appropriateness of the representation of liquidity risks. Skills required (essential) Excellent academic background, preferably an advanced degree in a quantitative discipline or equivalent. Previous experience in a Liquidity, Funding or Risk management role in an investment bank, commercial bank or consulting firm. Broad knowledge and practical experience of asset classes including secured funding, prime brokerage, equities, interest rates, foreign exchange and credit instruments. Understanding of stress testing financial products. Background in different stress testing methodologies, including behavioral methodologies desirable. Ability to handle and analyse large data sets. Proficiency in Excel essential. Ability to work under time pressure. Strong analytical skills, sense of ownership and self - motivator. Innovative problem solver. Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents. Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.