Electronic Trading Risk Management… at E*TRADE from… · New York

Summary: E*TRADE from Morgan Stanley is a leading financial services firm, and they are seeking an Electronic Trading Risk Management Associate to join their Electronic Trading Risk team. The role involves managing risks associated with electronic trading across various asset classes and collaborating with senior risk managers and other stakeholders within the firm. Responsibilities: - Overall risk management and governance of Morgan Stanley's Electronic Trading business across equities and fixed income - Assist in the continued expansion of FRM eTrading's coverage of electronic trading coverage to Morgan Stanley's non-ISG businesses (US Banks, WM, IM) - Perform analysis and behavioral review of eTrading algorithms, including controls and testing methods - Oversee eTrading limits and controls, including intraday monitoring and escalation, to ensure the business is taking risk consistent with the Firm's strategy - Monitor and review Operational Risk Events and self-identified issues relating to or impacting eTrading - Collaborate across a diverse set of stakeholders including Sales and Trading Business Units, Quantitative Strategists, Business Unit Risk Management, Compliance, Technology and Operations - Communicate key risks to senior management - Contribute and support global and regional Risk governance committees, forums, and working groups Required Qualifications: - Excellent academic background including a degree in a quantitative discipline, such as economics, finance, sciences or engineering - Experience in a role with direct exposure to electronic trading (Risk Management, Technology, Operational Risk) or experience in trading systems, FIX messaging, market-microstructure or market data - Knowledge of financial markets and equity product - Experience with creating and managing KRIs/KPIs with escalation through proper governance - Strong ability to think critically and desire to learn - Proactive with the ability to work as part of a close-knit team as well as independently - Excellent communication skills for written, graphical, and verbal presentation - An interest in working in a fast-paced environment, often balancing multiple deliverables at one time - Strong proficiency with PowerPoint and Excel is required Preferred Qualifications: - Experience with trading infrastructure for Wealth Management or Investment Management Firms advantageous - VBA or other programming skills as well as a working knowledge of databases and SQL is advantageous Required Skills: Electronic trading risk management, Market risk, Operational risk, Trading systems, FIX messaging, Market microstructure, Market data, Financial markets, Equity products, Key risk indicators (KRIs), Key performance indicators (KPIs), Risk governance, PowerPoint, Excel, VBA programming, Databases, SQL, Proactive work style Benefits: Commission earnings, Incentive compensation, Discretionary bonuses, Other short and long-term incentive packages, Other Morgan Stanley sponsored benefit programs, Opportunity to move about the business for those who show passion and grit in their work