Morgan Stanley

Fixed Income Counterparty Risk – VP/ED

London, UK
Not disclosed
14 Jun 2024
14 Jul 2024
Approved employers
Approved employer
Contract type
Full time
Experience level


Fixed Income Counterparty Risk – VP

The firm is seeking a Counterparty Risk Manager for Fixed Income. This person will work closely with the rest of the team but is expected to be comfortable to lead tasks independently.

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.

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. We 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.

The Fixed Income Division is comprised of Interest Rate and Currency Products, Credit Products and Distribution. Professionals in the Division assess and actively manages risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. The Commodities Division is a market leader across a broad range of commodities markets, with expertise in areas including client risk management, financing solutions and investor products Sales & Trading.

What will you be doing?

  • Perform Initial Margin Calculation for all FI products as well as Commodities and Repos
  • Be point of contact to explain Initial Margin calculation to both internal stakeholders (Sales & Trading) as well as hedge fund clients
  • Provide oversight of the daily margin call dispute investigations and decide when to escalate to Management
  • Provide oversight of the daily settlement fails investigations and decide when to escalate to Management
  • Actively track the daily stress loss calculations and oversee the part of the team investigating material changes
  • Assist in methodology and research related to risk models (e.g. VAR, HiSim)
  • Represent the Business Unit Risk Management at cross-functional working groups, and engage in extensive project work.
  • Ad Hoc risk analysis in response to market events, or in response to client related developments

What we’re looking for:

  • Degree (Master’s preferred) in Financial Engineering, Maths, Physics or similar quantitative subject
  • Experience in a Structuring, Strat, XVA or Credit Risk / Market Risk Analytics team commensurate to Vice President or Executive Director level at Morgan Stanley
  • Expert knowledge of Fixed Income products with a specialization in Interest rates
  • Experience of building models for trading and risk management.
  • Knowledge of Excel. Knowledge of programming languages (e.g. Python,SQL) is a plus.

Skills that will help you in the role:

  • Ability to work with pace and prioritise tasks effectively.
  • Proven stakeholder management skills.
  • Being willing and eager to learn and work with different teams and divisions of the Firm

Certified Persons Regulatory Requirements:

This role is deemed as a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Where will you be working?

  • 20 Bank Street, Canary Wharf, E14 4AD

Flexible work statement:

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.

Internal Applicants:

Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here.

Equal opportunities statement:

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.

For further information, and to apply, please visit our website via the “Apply” button below.

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