Morgan Stanley
Market Risk - XVA (Risk Management) : Job Level - Associate
$100K–$140K
New York, New York · On-site · Full-time · Posted Oct 28, 2026
- Experience
- 2 Years + experience in a trading or a market risk department is a plus.
About the job
Provides independent market risk oversight for the firm’s XVA activities, monitoring counterparty-related valuation adjustment risks and supporting risk management initiatives.
What you'll do
- Engage with trading desks and Front Office support teams on positions, market developments, strategies, limits, and risk representation of new or exotic trades.
- Monitor portfolio sensitivities, Value-at-risk (VaR), stress scenarios, and limits.
- Support risk-model enhancements, stress-test development, and regulatory initiatives; collaborate with global Market Risk and support teams.
What they ask for
- Curiosity and self-motivation to develop expertise in financial products, markets, and risk management.
- Ability to synthesize complex problems and conceptualize solutions.
- Proactive ability to work independently and as part of a team.
- Strong communication skills, including written, graphical, and verbal presentation.
Nice to have
- Strong IT skills; competence in MS Excel, VBA, and SQL.
- Knowledge of VaR and CCAR, and product expertise in Fixed Income and/or Equity products including derivatives.
Pay
$100,000 and $140,000 year (base pay)
Tools
MS Excel, VBA, SQL, PowerPoint
Model-written summary · the original posting is authoritative