Liquidity Risk (Risk Management)

The role resides within Morgan Stanley's Liquidity Risk Department, which provides independent oversight of the Firm's business and activities, serving as a second line of defense to ensure the Firm retains the appropriate level of liquidity to weather material stresses. Liquidity Risk reports to the Chief Risk Officer and is responsible for independent oversight and monitoring of the Firm's overall trading, funding, financing and banking businesses, Liquidity Risk limit setting, risk assessment and analysis, and management and regulatory reporting.
Responsibilities

• Identifying, assessing and monitoring Liquidity Risks related to the Firm's business activities
• Maintaining active dialogue with business units, Corporate Treasury, Risk Management colleagues, and other groups regarding business strategies, risk representation, and limit compliance
• Collaborating with senior business professionals in enhancing liquidity planning, liquidity stress testing, limit setting and asset/liability management
• Preparing and presenting briefings to senior management on key risk issues
• Executing projects to investigate and improve the risk representation of the Firm's Liquidity Risk, contingency funding plans, asset-liability management, and stress testing framework
• Communicate results of analyses with relevant stakeholders
• Creating high quality reports for Boards, Regulators and internal use on a regular basis
• Innovate ways to identify key risks and implement processes to actively monitor these risks
• Assist, as needed, with the review and challenge of existing stress models
• Liaise with Corporate Treasury, business personnel and risk managers to ensure the appropriateness of the representation of Liquidity Risks

Skills desired

• 15+ years relevant experience working in a Corporate Treasury or a Liquidity Risk department at a large financial institution preferred
• Excellent academic background, preferably with a degree in business, finance, or a quantitative discipline
• Prior experience leading a team and overseeing the setting and delivery of goals
• Strong understanding of risk, liquidity, and financial products of trading businesses
• Strong understanding of liquidity stress testing, regulatory requirements such as liquidity coverage ratio, net stable funding ratio and resolution & recovery planning
• Quantitatively oriented with strong intuition and ability to make judgments
• Ability to synthesize complex data sets and problems and conceptualize appropriate solutions
• Proactive with the ability to work as both part of a close-knit team and independently
• Excellent communication skills for written, graphical and verbal presentation, with high competency in Excel and Powerpoint