Associate, Risk Management

Morgan Stanley - New York, NY

Full-time - Entry Level

New York, NY

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Associate, Risk Management position at Morgan Stanley & Co. LLC involves interacting with various stakeholders within the Institutional Equity Division (IED) to address supervisory issues, monitor control frameworks, and ensure compliance with regulatory requirements. The role requires the candidate to review exception reports, liaise with compliance teams, and lead projects related to risk management and information security. The Associate will also be responsible for maintaining relationships with IED supervisors and ensuring that sales and trading activities meet legal and firm standards.

Responsibilities

• Interact with IED supervisors, traders, and sales personnel regarding supervisory issues, exceptions, and violations.
• Monitor existing control frameworks and create new ones as necessary.
• Review sales and trading exception reports daily and maintain records of reviews.
• Liaise with Compliance Surveillance teams to review escalations and assist with market abuse surveillance alerts.
• Identify, design, test, and implement new control and exception reports to adapt to regulatory changes.
• Lead and participate in projects related to the IED risk management framework and information security programs.
• Ensure IED sales and trading activities comply with legal, regulatory, and firm requirements.
• Review and interpret firm and IED-specific policies and procedures for business application.
• Establish and maintain relationships with IED supervisors, Risk Management, Technology, Operations, and Compliance.
• Provide application approvals and perform entitlement reviews for applications accessed by IED personnel.

Requirements

• Bachelor's degree in Management, Economics, or a related field.
• One year of experience in the position offered or as an Associate, or a closely related occupation.
• Experience with equity products and services, and documenting trading activity in trade surveillance and monitoring platforms.
• Experience maintaining employee roster and supervision hierarchy, and periodic supervisor attestations.
• Experience maintaining written supervisory procedures and updating them as needed for regulatory changes.
• Experience reviewing and reporting on equities-specific and cross-divisional supervisory metrics.
• Experience maintaining and supporting supervisors in reviewing system and data entitlements.
• Experience reviewing personal trading and outside business activity disclosures.
• Experience operational dashboards used to store trade cycle information and trade capture tools.
• Experience with report generation and data analysis in tools like SAP Business Objects and Tableau.

Nice-to-haves

• Experience with voice recording roster and liaising with technology teams.
• Experience monitoring electronic communications and escalating issues as necessary.
• Experience with swap trading activities and lifecycle management.
• Familiarity with systems for maintaining client and counterparty documentation.

Benefits

• Competitive salary ranging from $125,000 to $180,000 per year.