Prime Brokerage Risk, Associate

Institutional Securities Group (ISG) Derivative Prime Brokerage Risk is responsible for monitoring and managing the market risk of multi-asset portfolios in the 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. A successful candidate would be expected to:Perform risk analysis of global multi-asset portfolios to assess market and liquidity risks, with focus on equities, rates, commodities, FX and creditManage 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 necessaryWork with market experts to develop a view of market conditions, ensuring deep understanding on inherent risk and be able to explain in a simple way both to internal decision makers and interested external parties, such as regulators, if requiredExplain 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 improvementsRequirements:7+ years of experience in the financial services industry, with Listed Derivatives and/or Prime Brokerage knowledge requiredStrong quantitative and analytical skills requiredAdvanced degree in economics, finance, mathematics, statistics or related field preferredFRM and/or CFA charter holder (or in the process obtaining) a plusUnderstanding 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 This role will provide risk management expertise in complex areas and should be able to manage their own work with limited supervisionDetail oriented and able to challenge business requests with an independent mindset and expert adviceAble to provide clear and articulate guidance to internal stakeholders on policy and regulatory requirements, interacting with individuals at all levels within an organizationStrong interpersonal, verbal and written communication skills with a high level of intellectual curiosityKnowledge of CCPs structures and their respective margin methodologies a positiveStrong excel and/or python skills a plusWHAT 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 $150,000 and $200,000 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:Full timeJob Level:ProfessionalPosted Date:Jan 22, 2026ATS Job Description Test:Department:Risk / Policy Mgmt