IED, Counterparty Risk Manager – Vice President (Paris)

Contenu de l'offre IED, Counterparty Risk Manager – Vice President (Paris) chez Morgan Stanley

IED, Counterparty Risk Manager – Vice President (Paris)



 

Job Number:

  3225267

Posting Date

:  Sep 30, 2022

Primary Location

:  Europe, Middle East, Africa-France-France-Paris

Job

:  Investment Banking/Sales/Trading/Research


Employment Type:  Full Time


Job Level:  Vice President


 

Description

IED, Counterparty Risk Manager – Vice President (Paris)

Company Profile

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success.  Together, we share a common set of values rooted in integrity, excellence, and strong team ethic.  Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile

Morgan Stanley's Institutional Securities Group (ISG) is a remarkably broad and diversified business. We provide institutions with almost every kind of financial product and service across the world's major markets. Whether you're interested in planning complex deals; trading on the moment-to- moment movements of the capital markets; analysing the financial needs of a company or a wealthy family, Morgan Stanley is the place to be.

Morgan Stanley is looking to recruit an Institutional Equity Division Counterparty Risk Manager in Paris.

 

Qualifications

Primary Responsibilities

Primary role is to manage the firm’s counterparty risk across the Bilateral OTC Equity Derivatives business, the Prime Brokerage Business, and the Clearing Businesses within Morgan Stanley Institutional Equities Division. This includes analysing and monitoring transactions and client portfolios to assess and quantify the portfolio risks and determine the appropriate leverage levels to protect the Morgan Stanley franchise. 

- Ongoing review of exposures and identification of counterparty risk within the Institutional Equity Division

- Liaising with Sales, Trading and structuring on new opportunities, particularly where bespoke, complex, to understand the risk to the Firm and potential exposures

- Regular and ad-hoc communication to Management on Market Events, client-specific trades / scenarios, etc.

- Working with Quant Strat Team, Information Technology on further improving risk metrics across different equity derivatives products identification of tail risks.

- Negotiation of documentation with new counterparties

- Client dialogue on portfolio / trade proposals, and articulating Morgan Stanley’s margin approach

- Participation in Due Diligence on counterparties (strategy, leverage, composition)

- Setting of Trading Limits for client business (MSET, Give-ins, other bilateral IED derivatives)

- Regulatory work in context of OTC Mandatory Minimum Margin, MIFID 2, ad-hoc requests of Regulators.

- Regular engagement with second line (Credit, Operations, Legal, etc.)

Skills Required 

- Product knowledge in Prime Brokerage margin lending, Equity Derivatives including options, variance / volatility swaps, other exotics derivatives, and capital markets derivatives transactions (margin loans, collar financing, etc.). Multi-asset knowledge for cleared derivative products.

- Relevant prior experience in a similar risk role 

- Sound numerical skills, preferably a degree in a quantitative subject

- Enjoying teamwork across different divisions, disciplines in a fast-paced environment

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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.

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.