Summer Analyst

Responsibilities

• Provide independent oversight and control of market risks.
• Continuously review limit and reporting framework to ensure appropriateness in light of risk appetite, new trades, businesses, products risk factors and market conditions and opportunities.
• Continuously monitor the financial markets and measure the impact on MS’s portfolio, including analysing trading strategies and assessing material weaknesses or overlooked risks and hedging strategies. 
• Utilize and enhance comprehensive stress tests that highlight all key risks.
• Assess the suitability and performance of pricing, risk and capital models. Work with relevant groups to address material deficiencies.
• Ensure risk reporting is fit for purpose and develop any new reporting required.
• Understand P&L drivers and construct any necessary tools to facilitate risk and P&L analysis.
• Communicate key risks to senior management on a regular basis, including creation of presentations articulating key risks and portfolio changes. Escalate emerging or developing risks as necessary.
• Work directly with, and develop effective and constructive working relationships with a diverse set of stakeholders including: Sales and Trading, Business Unit Risk Management, Desk Strategists, Finance, Compliance, Technology and Operations.

*Salary is competitive with excellent benefits.

Qualifications/ Skills/ Requirements

• An excellent academic background or strong analytical background. 
• Candidates are expected to be proactive and are able to demonstrate diligence as well as strong quantitative and investigative skills.
• Attention to detail, project management and prioritization skills will also be key in balancing daily deadlines with timely implementation of strategic projects.
• Excellent communication skills for written, graphical and verbal presentation