Risk Management, Market Risk Manager - Commodities, Associate​/Vice President

Overview

Risk Management, Market Risk Manager - Commodities, Associate / Vice President
The role will reside within FRM's Market Risk Department. The Market Risk Management Division (MRD) is responsible for the independent identification, analysis, reporting and escalation of all market risk exposures arising from EMEA business activities, acting independently of business management and providing an effective challenge process. The successful candidate will be located on the trading floor and cover the commodities business which includes North America Power and Gas, EU Power and Gas, Emissions, Oil and Oil Products, Metals and Agricultural Products.

The role will cover all commodity products but with a primary focus on Oil/products, EU Power and Gas and Metals.

Firm Risk Management (FRM) supports 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.

• Assessment of market risks, concentrations and top risks
• As a desk-facing manager, ability to independently challenge traders, trading management and strategists with appropriate escalation of risks identified to senior risk managers
• Real-time involvement in approval of complex & large transactions. Performing deal analysis, including independently assessing overlooked risks, agreeing hedging strategies with the Front Office, determining approval standards and writing concise decision support briefs
• Development of risk methodologies, stress scenarios and tools. Involvement in system improvements working closely with traders, quantitative analysts, IT and other groups within the Firm
• Contribute to the assessment of the suitability and performance of pricing, risk and capital models and work with relevant groups to address material deficiencies

• Degree, or equivalent, in a quantitative subject, mathematics, statistics or engineering
• Minimum 3 years of experience in commodities market, particularly in energy (Oil, Power/Nat Gas) or metals
• Strong familiarity with VaR calculations, stress testing and scenario analysis for commodity products (preferred)
• Strong analytical and problem-solving skills
• Confidence to take ideas forward and to challenge others, where appropriate, with experience in management by influence, facilitating and gaining consensus
• The ability to effectively communicate with a wide range of stakeholders and deliver clear risk presentations to senior management

• Ability to work independently in a self-directed way in a collaborative, team-oriented environment
• Strong organizational skills with an interest in working in a fast-paced environment, often balancing multiple high priority deliverables

This role is based in 20 Bank Street, London.

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.

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