Morgan Stanley

Capital & Data Risk / IM Risk (Risk Management) : Job Level - Vice President

United States · Work style not stated · Full time

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About the role

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  • EmployerMorgan Stanley
  • LocationUnited States
  • Work styleWork style not stated
  • Employment typeFull time
  • Employer posted

Firm Risk Management
Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks.
Background on the Position
The role will reside within the Market Risk Capital team, which is responsible for producing Market RWA and Capital results for the Firm Risk Management Department. These results are key inputs for regulatory reporting and internal business management.

We are seeking a high-quality Vice President to serve as the FRTB Lead for the US within the Global Market Risk Capital team, based in New York. The individual will report to the Global Head of Market Risk Capital, work closely with the Global FRTB Head in Market Risk Capital and lead the production initiatives of both FRTB Standardized Approach (SA) and Internal Models Approach (IMA) for the US go-live. The role requires strong regulatory capital expertise, excellent execution discipline, and the ability to coordinate across Risk Capital, Market Risk Department, Risk Analytics, Business, Finance, Technology, and other key stakeholders.

Show full description

The successful candidate will help define tooling, reporting, analysis, governance, and operating model requirements for the US FRTB implementation, while also supporting current market risk capital production under Basel 2.5 rules for the Firm, US Banks, and Swap Dealers. The role will also involve participation in regulatory communications and engagement with regulators, auditors, and external consultants during examinations, audits, and reviews.

Primary Responsibilities
> Work closely with the Global FRTB Head to drive the end-to-end implementation of FRTB SA and IMA under the U.S. rules, including productionizing Risk Analytics' IMA models, designing scalable calculation and reporting processes, defining the target operating model, coordinating execution, and ensuring successful readiness and go-live.

> Identify tooling, reporting, data, control, and analytical requirements required to support the US FRTB go-live, including requirements related to production processes, internal capital management reporting, regulatory submissions, and governance.

> Lead relevant working group discussions across Risk Capital, Market Risk Department, Risk Analytics, Business, Finance, and Technology to drive alignment on scope, requirements, ownership, dependencies, timelines, issue resolution, and implementation priorities.

> Provide support to current Market Risk Capital production under Basel 2.5 rules for the Firm, US Banks and Swap Dealers, including production review, analysis of RWA and capital drivers, regulatory reporting support, controls, and governance activities.

> Serve as a key contributor in regulatory engagements, leading the preparation and delivery of oral and written responses, presentations, and other communications with the FRB, Fed, OCC, SEC, NFA, FINRA, CFTC, and other relevant regulatory bodies, as applicable.

> Act as a liaison with regulators, auditors, external consultants, and internal review teams during regulatory examinations, audit reviews, process validation reviews, and other independent assessments. > Relevant experience in market risk capital, regulatory capital, market risk management, capital reporting, or related risk management functions at a financial institution.

Qualifications -

> 7+ years of experience in a related role
> Strong understanding of Basel market risk capital frameworks, including Basel 2.5 and FRTB; experience with FRTB SA and/or IMA implementation is strongly preferred.
> Strong analytical skills, with the ability to understand complex capital calculations, identify key RWA drivers, assess production impacts, and translate technical topics into clear management and regulatory messaging.
> Experience working with regulators, auditors, internal validation teams, or external consultants, including support for regulatory exams, audit reviews, written responses, and management presentations.
> Excellent written and verbal communication skills, with the ability to engage effectively with senior stakeholders across Risk, Finance, Technology, Business, and regulatory-facing teams.
> Detail-oriented, highly motivated, and able to manage complex processes with appropriate control, governance, and documentation discipline.
> Strong interpersonal skills and ability to lead working group discussions, drive consensus, and influence outcomes across teams without direct reporting lines.
> Ability to operate in a fast-paced environment and balance strategic implementation priorities with ongoing production and regulatory deliverables.

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 $120,000 and $210,000 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.

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  • Employment typeFull time
  • Employer posted
  • Added to ROLIVA
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