Associate, Risk/Policy Management

Company Profile:Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment, 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.In the Firm Risk Management division, we advise businesses across the Firm on risk mitigation strategies, develop tools to analyze and monitor risks and lead key regulatory initiatives.What you’ll do in the role: Morgan Stanley Services Group, Inc. is seeking an Associate, Risk/Policy Management in New York, NY to monitor market risks for Equity Investments, including the use of metrics such as, Greeks, limits, and scenario analysis tools daily. Perform deep dives into the Firm's portfolio, across Public and Private Credit/Equity funds to ensure the Firm's inventory of key risks is up-to-date and accurate. Create and maintain a limit framework, coherent with the business risk profile and projected growth. Create presentations articulating key risks and portfolio changes to senior management in a timely fashion. Work on data enhancement and infrastructure projects to improve reporting capabilities, to achieve more effective risk management and improve the limit framework. Design and implement a broad range of financial stress testing scenarios for regulatory, firm-wide and ad-hoc scenarios. Contribute to Capital requirement calculation, including Value at risk and FRTB Framework. Prepare the annual CCAR scenario shocks, including effective challenge of risk descriptions, materiality assessments, scenario capture and stress drivers. Liaise with team members and Risk Managers to complete Regulatory Stress Testing documentation. Analyze market risk stress testing results for internal committees and external regulators, with focus on Comprehensive Capital Analysis and Review (CCAR) submission. Stay abreast of market trends, emerging risks and macro-economic themes. Enhance the Firms’ stress testing frameworks to ensure best-in-class capabilities. Telecommuting permitted up to two (2) days per week.What you’ll bring to the role:-Requires a Master’s in Finance, Economics, or a closely related field of study.-Requires two (2) years of experience in the position offered or two (2) years as an Analyst, Associate, Consultant, Risk Management, or a closely related occupation.-Requires two (2) years of experience in each of the following skills:Manage market risk for Public and Private investment Funds;Design market risk limit framework;Maintain and update portfolio risk inventory;Monitor portfolio hedges and calculate the basis on the investments;Improve data infrastructure to enhance market risk reporting and enrich data capabilities in line with Product Owner in the Agile construct;Design stress testing scenarios coherent with scenario narrative and portfolio vulnerabilities;Analyze stress testing results;Monitor and analyze daily Value at Risk;Develop PowerBI reports, and program using SQL and VBA.WHAT YOU CAN EXPECT FROM MORGAN STANLEY: At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 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 $133,000 and $140,000 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 is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.For more information, please visit: .Employment Type:Job Level:ProfessionalPosted Date:Aug 03, 2026ATS Job Description Test:Department:Risk / Policy Mgmt