Electronic Trading Risk - Core Institutional Equity - Vice President
Electronic Trading Risk Management (ETRM) is a front-office team within Morgan Stanley’s Institutional Equity Division (IED) responsible for managing the risks associated with electronic trading of equities and listed derivatives in the Americas.
ETRM is a cross-functional and highly technical/analytical team, uniquely positioned to identify, understand, solve, and monitor a variety of challenges related to electronic and algorithmic trading. ETRM partners closely with a diverse set of stakeholders including Product Management, Traders, Client Coverage, Legal and Compliance, Technology, Operations, Desk Strategists, Quantitative Research, Clients and External Regulators.
This role requires a balance of technical/analytical skills, the ability to partner with multiple functional areas of the firm and an interest in trading and market structure. Core responsibilities of this role include: Implementation and ownership of electronic trading risk controls (both pre-trade and post-trade), designed to enable business development in a risk-controlled manner Monitoring electronic trading activity and controls in real-time and taking action, when necessary, to address issues Performing analysis on and curating large complex datasets and system logs to diagnose issues and develop fact-based recommendations and solutions to problems and inquiries Owning and enhancing a variety of critical T+1 order and execution reporting controls focused on managing operational and regulatory reporting risks Facilitating meetings and engaging directly with stakeholders at all levels and across the firm Providing electronic trading subject matter expertise and risk oversight as it relates to: Trading algorithm development New electronic trading product development Implementation of new sources of electronic liquidity, both internal and external to Morgan Stanley Project management of cross-IED electronic trading technology change initiatives Providing subject matter expertise, analysis, data curation respect to electronic trading regulatory inquiries, firm litigation matters, and internal audit exams Managing and developing junior team members The successful ETRM candidate has: 5-8 years of relevant professional experience in Financial Services or Technology or related industry Bachelor’s degree with strong academic performance Preferred Major or Minor in Computer Science or Information Systems or similar technical field Direct professional experience in a securities trading business in some functional capacity, ideally focused on algorithmic/electronic trading A desire to work in a fast-paced, dynamic, and unpredictable environment with a willingness to solve problems in real-time using a hands-on approach Strong motivation, be a self-starter with a positive outlook and a desire to solve problems Strong communication skills with a demonstrated ability to communicate effectively verbally and in writing at all levels of the organization WHAT YOU CAN EXPECT FROM MORGAN STANLEY: At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals.
We do it in a way that’s differentiated – and we’ve done that for 90 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.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser. Expected base pay rates for the role will be between $140,000 and $250,000 per year at the commencement of employment.
However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences. For more information, please visit : https://www.morganstanley.com/people-opportunities/eeo .