Tokyo FID Non Market Risk Officer & COO
- Tokyo, Tokyo-to, Japan
- Permanent, Full time
- Morgan Stanley
- 15 Nov 18
See job description for details
Japan Fixed Income Division is seeking an analyst/associate to work in its COO and Business Unit Risk Management (BURM) teams.
Reporting jointly to the Japan FID COO and Japan Head of FID BURM, this role will cover activities of the Sales and Trading teams, where responsibilities include the following:
BURM is the Firm’s first line of defense and is responsible for structuring and implementing the risk management framework for Sales and Trading globally.
Key Responsibilities for BURM include;
- Provision of advice and support to FID management across all aspects of Non-Market Risk (NMR) .
- Partnership with Sales and Trading to proactively identify, monitor and mitigate potential areas of NMR.
- Prompt escalation of material NMR issues.
- Application of standardized and consistent risk management policies and procedures applicable to FID Sales and Trading personnel.
- Risk Assessment of all new business initiatives and implementation of approved initiatives post assessment.
- Partnership with functional groups, including Legal, Compliance, Operations, Credit, Tax, FCG and IT to execute business initiatives as well as to identify, assess and mitigate business risks.
- Support for regulatory inquiries, internal audits and compliance testing as required.
- Establishment and promotion of the Firm’s risk management culture to all Sales and Trading personnel.
- First responder for day-to-day queries and issues from Sales and Trading personnel.
- Critically assess all existing workflows, policies, procedures, supervisory structures and governance of Sales and Trading business including escalation of recommendations post assessment.
FID COO focuses on driving strategic planning for the Japan Fixed Income business. This includes analyzing products (both macro and credit products) through evaluating/pricing various costs associated with trades such as capital costs, initial margin costs, fees associated with regulatory compliance and clearing.
Key Responsibilities for FID COO include;
- Data analysis on revenue, expenses, third party industry data to come up business plans to local and global senior management.
- Manage and monitor trading risks to capture red flags and escalate to senior management.
- Advise sales and traders on regulatory requirements and incorporate various costs into pricing.
- Optimize trading portfolio among bilateral trades and cleared trades under restrictions such as capital, stress testing and funding.
- Promote new business by coordinating with various departments and global counterparts.
- Work with industry bodies, CCPs, and regulators to enhance efficiency, safety and soundness of Japanese financial markets.
- University educated in a relevant discipline.
- Excellent verbal and written communication in both English and Japanese. Impactful presentation skills are highly regarded characteristics.
- The ability to work autonomously, think critically and be able to both lead and work within a team will be critical to being successful in this role.
- Able to perform under pressure, think and make decisions in short timeframes and prioritize as required
- Developing and leveraging Working relationships across Business and functional groups will be important to be effective.
- The ability to work towards a moving target.
- Eagerness to learn and expand knowledge base.
- Knowledge about the firms system, operational work flow and financial reporting would be helpful.
- Experience preferably in the financial industry in roles such as Risk Management, Business Unit Management, Operations, Compliance, or Legal.
- Working knowledge of associated global regulations (i.e. MIFID2, Uncleared Margin Rules etc.) is highly advantageous.
- University educated preferably in a quantitative field but is not a prerequisite.
- Numerical, analytical and IT skills preferable. Team player, enthusiastic and willing to learn.
- Experience with large-scale data (market, fundamental, structured and unstructured data) modeling preferable.