E-Trading Risk Manager Vice President

Morgan Stanley

  • Paris
  • CDI
  • Temps-plein
  • Il y a 2 mois
Morgan Stanley is seeking a Risk professional with experience in a multi-disciplined risk management function focused on the risks arising from the Firm's electronic/algorithmic trading operations. The role will reside within FRM's eTrading Department and will cover all risk aspects associated with electronic trading across asset classes. As member of our Global eTrading team, the role holder will interact closely with the equivalent teams in London, Mumbai, Asia and New York.About Morgan StanleyMorgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.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. We 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.What will you be doing?
  • Provide independent oversight and control of electronic trading equity market risks including (but not limited to) regular assessment and identification of concentrations and top risks
  • Oversight of controls ensuring consistency between trading books risk exposure and firm's risk appetite. In this context, contribute to regular reviews of intraday limit framework and limit utilizations
  • Continuously review limit and reporting framework to ensure appropriateness considering new trades, businesses, products risk factors and market conditions and opportunities
  • Represent FRM eTrading at various governance committees and monitor/ review effectiveness and applicability of controls for e-Trading in the legal entity, whilst assisting in the development of new controls where appropriate
  • Analysis and review of e-Trading algorithms, including controls and testing methods, as part of 2nd Line of Defense oversight of algorithmic validation, including work with Model Risk Management department
  • Oversight of controls to ensure business is taking risks that are consistent with the Firm's strategy. In this context, contribute to regular reviews of intraday limit framework and limit utilizations
  • Oversee relevant operational risk for eTrading for the 2nd Line of Defense
  • Closely work with the Operational Risk team on designing electronic trading scenarios and adapt these scenarios to a fast-evolving environment
  • Interact with the local regulator (ECB, BaFIN) on eTrading risk management regulatory topics and contribute to implementing regulatory requirements
What we’re looking for:
  • Degree, or equivalent in a quantitative discipline, such as Economics, Finance, Sciences or Engineering.
  • Additional qualifications, such as an FRM or CFA certification (preferred)
  • Experience in a role with direct exposure to electronic trading (Risk Management, Technology, Operational Risk, etc.).
  • Experience in algorithm development, including market making vs agency trading market micro-structure and market data
  • Experience in market risk monitoring (limits monitoring and review, risk appetite definition)
  • Strong knowledge of financial products (preferably equity Derivatives and Options), including an understanding of risk representations (Greek sensitivities, VaR) and a solid understanding of risk management concepts as well as market dynamics
  • Good understanding of regulatory requirements for electronic trading, particularly those emanating from European regulatory authorities (e.g. MiFID II)
Skills that will help you in the role:
  • Confidence to take ideas forward and to challenge others, where appropriate, with experience in influencing, facilitating and gaining consensus
  • The ability to work independently in a self-directed way in a collaborative, team-oriented environment
  • An interest in working in a fast-paced environment, often balancing multiple high priority deliverables
  • The ability to effectively communicate with a wide range of stakeholders, both written and verbally
Where will you be working?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.Flexible work statement: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.Internal Applicants:Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking .Equal opportunities statement:Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize 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.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.Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.Flexible work statement
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.Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize 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.

Morgan Stanley