Prime Brokerage Risk, Associate

Institutional Securities Group (ISG) Derivative Prime Brokerage Risk team is responsible for monitoring and managing the market risk of multi‑asset portfolios in listed markets, OTC cleared derivatives, FX Prime Brokerage and Prime Brokerage on both an intraday and overnight risk basis. Our client base includes large institutional fund managers, hedge funds, CTAs, market makers, international corporations, and broker dealers. We are staffed globally with offices in New York, Chicago, San Francisco, London, Glasgow, Hong Kong, Tokyo, Sydney, and Mumbai. We are seeking an experienced Senior Associate/Vice President‑level candidate to join the Risk team in the New York office. Responsibilities Perform risk analysis of global multi‑asset portfolios to assess market and liquidity risks, with focus on equities, rates, commodities, FX and credit. Manage risk identification of model & portfolio assumptions, market inputs, pricing issues, and drive understanding of the design of respective risk measurement methodologies including VaR, stress testing, scenario analysis, liquidity analysis etc. Collaborate with the Trading, Sales, Credit and IT teams to ensure market risks are fully understood, captured and approaches challenged where necessary. Work with market experts to develop a view of market conditions, ensuring deep understanding of inherent risk and be able to explain it in a simple way both to internal decision makers and interested external parties, such as regulators, if required. Explain margin methodologies and different risk management approaches to existing and prospective clients. Engage with CCPs to understand drivers of exchange margins, and where necessary advocate for improvements. Requirements 7+ years of experience in the financial services industry, with listed derivatives and/or prime brokerage knowledge required. Strong quantitative and analytical skills. Advanced degree in economics, finance, mathematics, statistics or related field preferred. FRM and/or CFA charter holder (or in the process obtaining) is a plus. Understanding of the regulatory requirements applicable to the futures markets, and a broad knowledge of the trading, operational, and risk management practices within an FCM and/or broker‑dealer. Experience providing risk management expertise in complex areas and managing own work with limited supervision. Detail oriented and able to challenge business requests with an independent mindset and expert advice. Able to provide clear and articulate guidance to internal stakeholders on policy and regulatory requirements, interacting with individuals at all levels within an organization. Strong interpersonal, verbal and written communication skills with a high level of intellectual curiosity. Knowledge of CCPs structures and their respective margin methodologies is a positive. Strong Excel and/or Python skills is a plus. Compensation and Benefits Expected base pay rates for the role will be between $150,000 and $200,000 per year at the commencement of employment. Base pay, if hired, will be determined on an individualized basis and is only part of the total compensation package. The package may also include commission earnings, incentive compensation, discretionary bonuses, other short‑ and long‑term incentive packages, and other Morgan Stanley‑sponsored benefit programs. Equal Opportunity Employer 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 a 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 #J-18808-Ljbffr Morgan Stanley