2023 Institutional Equity Division - (Counterparty Risk) Spring/Fall Intern Program (Mumbai)
Mumbai (MSA)
Bachelor's Degree, Master's Degree
Institutional Equity Sales and Trading
Morgan Stanley - Institutional Equities Division
Role : Counterparty Risk (Intern)
Location: Mumbai
Role Responsibilities and Duties
- Risk Analysis using Stress Testing, VaR, Backtesting and other measures.
- Uploading and Analyzing sample prospective portfolios, comprising of several financial product types in Equities, Convertible Bonds, Corporate Bonds, Swaps (IRS/CDS), Options and Futures in Commodities/Index/Interest Rates/Currencies.
- This may involve searching for relevant tickers/identifiers for such products, using Bloomberg and other internal sources/databases.
- Analyzing live client portfolios, highlighting risk issues/concerns and recommending margin policy changes.
- Conducting Risk analysis for the various funds looking at factors like Liquidity, Concentration, etc.
- Senior Management Risk Reporting and Trend Analysis for the various businesses.
- Risk analysis based on Strategy or Country or Sector or other market based events as needed.
- Streamlining/Automation/Tool Building for Internal Risk Management.
- Liaising with the relevant regional stakeholders (Risk, Margin, Credit, IT, etc.) in terms of periodic risk deliverables.
- Participate in global risk projects out of Mumbai in terms of requirements gathering, testing and validation.
Required Qualifications and Skills (essential)
- Engineering graduate OR Chartered Accountant from reputed institutes.
- MBA or Masters in Finance OR FRM/CFA (at least Level 1 completed).
- 2-4 years of experience in the finance industry
- Good Understanding of Financial Products (Equities, Options, Futures, Bonds, Commodities, Rates, Credit).
- Solid understanding of Risk concepts.
- Good Analytical skills and hands-on approach to solving analytical problems.
- Excellent oral and written communication skills.
- Exceptional organizational skills and high degree of attention to detail.
- Ability to work independently and efficiently in a complex, fast-paced environment.
Desired Skills (optional)
- Background in Risk / Research / Financial services.
- Basic Knowledge of Programming and writing Database queries (SQL / Excel VBA / VB / Python / R / Matlab).
- An understanding of and strong focus on the mechanics of a Risk/Control environment, including escalation.
- Enthusiasm to volunteer for planning, organizing and participating in events held by the department and firm.
Intern
Off-Cycle Internship
This Program is closed to applications.