Firm Risk Management
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, model and other risks.
Background on the Position
We are looking for a proactive, enthusiastic and willing-to-learn liquidity risk coverage officer who can work closely with our key stakeholders, including Corporate Treasury and Business Units, to pursue dynamic and effective liquidity risk management in Asia region.
The role resides within Firm Risk Management's Liquidity Risk Department (LRD). As second line of defense within the firm, LRD independently monitors liquidity risk arising from the Firm's business activities. Effective oversight of liquidity risk requires the proper identification, assessment, measurement, monitoring, reporting, escalation and mitigation of liquidity risks arising from the Firm's activities. The LRD team has dedicated resources and is based across multiple locations in Asia, EMEA and the US, collaborating with the various teams across the Firm.
The role is a VP position either based in Hong Kong or Singapore, part of LRD Asia team, covering Pan-Asia region.
Primary Responsibilities
Business Unit Coverage Risk Manager of Liquidity Risk:
- LRD Asia's coverage model is a matrix of Business Unit coverage (including Equities, Fixed Income and Capital Markets) and spanning across multiple legal entities.
- Roles and Responsibilities include:
- Assessment, identification, measurement of key liquidity risks, establishment of risk management framework (Limits / Key Risk Indicators) and risk monitoring
- Review and challenge of liquidity risk management decisions and overseeing liquidity risk management as independent second line of defense
- Leading active dialogue with key stakeholders including Business Units, Corporate Treasury, Firm Risk Management colleagues, and other relevant parties regarding business strategies, complex/large transactions, risk representation, limit compliance and liquidity risk stress testing
- Preparing materials and presenting to senior management on key risk issues, and overseeing creation of presentation materials to key stakeholders including relevant boards and regulators
What we're looking for:
- Candidate with minimum 10 year working experience in related risk management areas, including market risk and/or counterparty credit risk, Treasury/Funding, Cash Management
- Solid understanding of derivative and other financial products, in particular FX, Rates, Equity swaps
- Strong analytical skills both quantitative and qualitative, risk sensitivity and attention to details, with the ability to synthesize complex issues and conceptualize appropriate solutions
- Ability to effectively communicate with a wide range of stakeholders including financial risks and non-financial risks (e.g. Compliance, Operational Risk Department)
- Ability to work proactively in a self-directed way facilitating a collaborative, team-oriented environment
- An interest in working in a fast-paced environment, often balancing multiple high priority deliverables
- Proficient in computer skills and system tools including excel and SQL (preferred)
- Language requirement: English
WHAT YOU CAN EXPECT FROM MORGAN STANLEY: We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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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Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.