IED, Front Office Electronic Trading Risk Manager, Vice President

IED, Front Office Electronic Trading Risk Manager, Vice President

Job Number:

3237072

POSTING DATE: May 22, 2023 PRIMARY LOCATION: Europe, Middle East, Africa-United Kingdom-United Kingdom-London JOB: Risk Management EMPLOYMENT TYPE: Full Time JOB LEVEL: Vice President

DESCRIPTION

Job Title: IED, Front Office Electronic Trading Risk Manager, Vice President
Location: London
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 EMEA.
ETRM partners closely with a diverse set of senior stakeholders including Traders, Sales Traders, Product Management, Client Coverage and relevant functional areas in order to ensure electronic trading risks are appropriately managed.
ETRM is a cross-functional and highly technical/analytical team, uniquely positioned to identify, understand, solve, and monitor a variety of risks related to electronic and algorithmic trading.
This role requires technical and analytical skills, the ability to communicate and partner effectively with senior business stakeholders and a strong understanding of trading and market structure.
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.
What will you be doing?

• Partnering with senior business stakeholders to ensure electronic trading business strategy is implemented in a risk-controlled manner

• Designing, implementing and monitoring innovative electronic trading control solutions (including fat-finger and runaway algo prevention) across the suite of EMEA IED businesses

• Providing risk guidance and approval for new automated trading strategies and electronic trading related initiatives

• Working closely with Technology, providing risk oversight of IED’s electronic-trading Technology Change Management, providing subject matter expertise and direction in order to mitigate technology change risk

• Responsibility for the Global Limit Manager (GLM) pre-trade control system used to monitor and control transaction flow on a real-time basis

• Advising IED Desk Heads on e-trading controls and limit structures

• Providing subject matter expertise in support of e-trading related regulatory and exchange enquiries

• Representing EMEA ETRM in key business and governance forums

What we’re looking for:

• A technical and analytical approach to understand the complex trading technology infrastructure

• Good judgement, including ability to make appropriate risk decisions in a time pressured environment

• Solution driven approach to identified issues

• Ability to learn quickly and teach others on the workings of our trading systems and controls

Skills that will help you in the role:

• An understanding of and interest in the broader business and regulatory environment.

• Ability to interact and build strong relationships with stakeholders across teams, functional boundaries, and with clients.

• Ability to recognize and mange conflicting priorities/expectations across multiple stakeholders.

• Knowledge & experience of the cash equity and/or equity derivative products; and a good understanding of the front-office processes is also preferred, particularly: Securities trading, Electronic Trading Governance, Regulatory requirements, Regulatory Reporting.

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? This role is based in 20 Bank Street, London.
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.

QUALIFICATIONS

What we’re looking for:

• A technical and analytical approach to understand the complex trading technology infrastructure
• Good judgement, including ability to make appropriate risk decisions in a time pressured environment
• Solution driven approach to identified issues
• Ability to learn quickly and teach others on the workings of our trading systems and controls

Skills that will help you in the role:

• An understanding of and interest in the broader business and regulatory environment.
• Ability to interact and build strong relationships with stakeholders across teams, functional boundaries, and with clients.
• Ability to recognize and mange conflicting priorities/expectations across multiple stakeholders.
• Knowledge & experience of the cash equity and/or equity derivative products; and a good understanding of the front-office processes is also preferred, particularly: Securities trading, Electronic Trading Governance, Regulatory requirements, Regulatory Reporting.

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?
This role is based in 20 Bank Street, London.
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.