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E*TRADE from Morgan Stanley · 1 month ago

Market Risk Analytics Associate, Stress Testing and AI Integration

New York, New York, United States of America

Full-time

Hybrid

Entry Level

$100K/yr - $140K/yr

2+ years exp

Morgan Stanley's Firm Risk Management (FRM) Division is seeking an Associate in its Market Risk Analytics group with a focus on market shock scenario design and stress testing. The role involves developing and maintaining risk models, conducting quantitative analysis, and enhancing processes through AI tools to ensure compliance with regulatory requirements.

BankingFinanceFinancial Services

Responsibilities

Develop and implement models and analytical tools for risk analytics and risk management purposes, with primary focus on market shock scenario design and stress testing

Interpret model outputs and communicate findings to stakeholders, including risk managers, capital, front office, and senior management

Conduct quantitative analysis to assess model performance and outcome

Collaborate with IT teams to ensure smooth integration of models and analytical tooling in existing systems and infrastructure

Collaborate with Model Risk Management for purposes of validation of risk models

Respond to audit and regulatory requests

Identify areas in existing processes where application of AI tools and capabilities can boost efficiency and effectiveness, and work on developing / deploying those AI solutions

Qualification

Quantitative FinanceRisk ManagementPythonAI ToolsDatabase Query LanguagesCommunicationCritical ThinkingProblem SolvingCollaborationAttention to Detail

Required

Requires a degree in Quantitative Finance, Economics, Math/Physics/Engineering or a related field of study

Requires minimum two (2) years of experience as an Associate, Analyst or equivalent in quantitative fields (quantitative finance and risk management fields are preferred)

Proficiency in Python and database query languages and Microsoft products

Familiarity with AI tools and their strengths/weaknesses, and experience with prompting

Strong skills in Communication, Critical Thinking, and Problem Solving and Collaboration

Curious about risk management, financial products, markets, and regulation

Strong attention to detail and ability to provide information in usable formats