Full Job Description
Analyst / Associate – Liquidity Risk Manager
POSTING DATE: Sep 10, 2021
PRIMARY LOCATION: Americas-United States of America-New York-New York
EDUCATION LEVEL: Bachelor’s Degree
JOB: Liquidity Risk
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Associate
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.
The talent and passion of our people is critical to our continued success as a firm. Together, we share five core values rooted in integrity, excellence and strong team ethic:
1. Doing the Right Thing
2. Putting Clients First
3. Leading with Exceptional Ideas
4. Committing to Diversity and Inclusion
5. Giving Back
Morgan Stanley is committed to helping its employees build meaningful careers and we strive to be a place for people to learn, achieve and grow.
Firm Risk Management
Firm Risk Management (FRM) enables 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.
Our mission is to serve as the follow roles:
Independent agent to set consistent principles and disciplines for risk management
Strategic advisor to Firm management for setting risk appetite and allocating capital
Industry leader to influence and meet regulatory standards
You will collaborate with colleagues across FRM and the Firm to protect the Firm’s capital base and franchise, advise businesses and clients on risk mitigating strategies, develop tools and methodologies to analyze and monitor risk, contribute to key regulatory initiatives and report on risk exposures and metrics to enable informed and strategic decision-making. Through thoughtful analysis and clear communication we are best able to bring our ideas to the table and improve the Firm.
Firm Risk Management values diversity and is committed to providing a supportive and inclusive workplace for all employees.
Firm Risk Management’s unique franchise promotes:
Flat, flexible and integrated global organization
Collaboration and teamwork
Credible, independent decision-making
Creative and practical solutions
Meritocratic and diverse culture
Background on the Position
The role will reside within the Firm Risk Management’s Liquidity Risk Department which is a team dedicated to providing independent oversight of the Firm’s business activities, serving as a second line of defense to ensure that the size and composition of the Firm’s liquidity resources are adequate in amount and quality. The Liquidity Risk Department reports to the Chief Risk Officer and is responsible for independent oversight and monitoring of the Firm’s overall trading, funding, financing and banking businesses, liquidity risk limit setting, risk assessment and analysis, and management and regulatory reporting, including adherence to relevant regulatory requirements.
Identifying, assessing and monitoring liquidity risks related to the Firm’s business activities
Maintaining active dialogue with business units, Corporate Treasury, risk management colleagues, and other groups regarding business strategies, risk representation, and limit compliance
Preparing and presenting briefings to senior management on key risk issues
Collaborate with Technology on liquidity risk related projects
Conduct analysis on key risk areas and communicate results with relevant stakeholders
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
Assist, as needed, with the review and challenge of stress models
2-6 years relevant experience, preferably working in a Corporate Treasury or a Risk Management department at a financial institution
Excellent academic background, preferably with a degree in business, finance or a quantitative discipline
Strong understanding of risk, liquidity, and financial products
Strong analytical, problem solving and organizational skills
Ability to synthesize complex data sets and problems and conceptualize appropriate solutions
Proactive with the ability to work as both part of a close-knit team and independently
Excellent communication skills for written, graphical and verbal presentation, with high competency in Excel and PowerPoint