Morgan Stanley
Credit & Trade Products Risk Vice President
Wealth Management Risk functions as a first line risk unit to support the Wealth Management business by assessing and managing risks associated with the offering of daily margined products to WM clients. The team is seeking a highly motivated, forward-thinking Credit & Trade Products Risk Vice President who will manage credit and product risk for the WM portfolio of lending and traded derivatives products by designing and implementing risk frameworks and leveraging data, analytics and technology to enhance risk assessment, mitigation and reporting. The ideal candidate will bridge the gap between traditional risk management and emerging practices, ensuring the firm remains ahead of market, regulatory and product evolution while continuing to put clients first. Position Responsibilities
Develop and implement methodologies to identify and quantify emerging risks Introduce innovative, AI-assisted techniques for counterparty credit assessment and predictive analytics to manage client risk Champion the use of AI and automation to improve risk identification and real-time monitoring Collaborate with Products, Platforms and Risk to deliver coordinated and rationalized risk approaches across channels and products Integrate risk metrics into a risk appetite framework to enable the WM business to assess the economics of engaging in client transactions Contribute to tactical client risk management activities by supporting Advisors with prospective credit-bearing transactions, underwriting credit extensions and remediating excess exposures Experience
Bachelors in Finance or related field 8-10 years of experience in credit risk and/or product risk management Strong knowledge of derivative products and associated risk drivers Experience with risk modeling, stress testing methodologies and exposure management Familiarity with regulatory requirements for lending, securities and derivatives Proven ability to lead cross-functional projects and influence senior stakeholders Track record of successfully launching new risk frameworks or tools Skills
Solid analytical skills and understanding of a broad range of financial products and derivatives Strategic thinker with the ability to balance innovation with rigorous risk management and coalesce large and disparate sets of data Strong communicator with the ability to articulate complex concepts and lead with exceptional ideas Ability to nimbly maneuver through a matrixed organization 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 into your browser. Expected base pay rates for the role will be between $110,000 and $190,000 per 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).
Wealth Management Risk functions as a first line risk unit to support the Wealth Management business by assessing and managing risks associated with the offering of daily margined products to WM clients. The team is seeking a highly motivated, forward-thinking Credit & Trade Products Risk Vice President who will manage credit and product risk for the WM portfolio of lending and traded derivatives products by designing and implementing risk frameworks and leveraging data, analytics and technology to enhance risk assessment, mitigation and reporting. The ideal candidate will bridge the gap between traditional risk management and emerging practices, ensuring the firm remains ahead of market, regulatory and product evolution while continuing to put clients first. Position Responsibilities
Develop and implement methodologies to identify and quantify emerging risks Introduce innovative, AI-assisted techniques for counterparty credit assessment and predictive analytics to manage client risk Champion the use of AI and automation to improve risk identification and real-time monitoring Collaborate with Products, Platforms and Risk to deliver coordinated and rationalized risk approaches across channels and products Integrate risk metrics into a risk appetite framework to enable the WM business to assess the economics of engaging in client transactions Contribute to tactical client risk management activities by supporting Advisors with prospective credit-bearing transactions, underwriting credit extensions and remediating excess exposures Experience
Bachelors in Finance or related field 8-10 years of experience in credit risk and/or product risk management Strong knowledge of derivative products and associated risk drivers Experience with risk modeling, stress testing methodologies and exposure management Familiarity with regulatory requirements for lending, securities and derivatives Proven ability to lead cross-functional projects and influence senior stakeholders Track record of successfully launching new risk frameworks or tools Skills
Solid analytical skills and understanding of a broad range of financial products and derivatives Strategic thinker with the ability to balance innovation with rigorous risk management and coalesce large and disparate sets of data Strong communicator with the ability to articulate complex concepts and lead with exceptional ideas Ability to nimbly maneuver through a matrixed organization 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 into your browser. Expected base pay rates for the role will be between $110,000 and $190,000 per 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).