Executive Director & Senior Risk Manager, Global Macro

• →Work directly with PMs to identify and manage portfolio risks, including VaR, market/factor, event, Greek, thematic, concentration, liquidity, crowding, correlation, event, and other sources of systematic and idiosyncratic exposure.
• →Advise PMs on portfolio construction, position sizing, hedging, diversification, and risk management, with the objective of improving portfolio robustness and risk-adjusted returns.
• →Analyze portfolio behavior across different market environments and stress scenarios, distinguishing intended investment exposures from unintended or inefficient risks.
• →Evaluate portfolio performance and sources of alpha, including attribution across asset classes, products, Greeks, themes, and individual positions; identify persistent strengths, weaknesses, and opportunities to improve portfolio construction.
• →Contribute to platform-level decisions regarding risk allocation, capital deployment, portfolio constraints, and the interaction of individual PM portfolios within the overall fund.
• →Develop and enhance portfolio construction and optimization methodologies, including alpha combination, risk-model integration, exposure management, turnover and transaction-cost controls, and portfolio constraints.
• →Monitor market developments and proactively communicate portfolio risks, opportunities, and positioning implications to portfolio managers and senior leadership.
• →Partner with trading to improve execution and implementation efficiency.
• →Design and develop Python-based analytical tools, research infrastructure, and automation that improve portfolio analytics and investment workflows.

• Minimum of seven years of relevant experience, ideally spanning risk management, portfolio construction, trading or investing. Prior experience in a role involving direct investment or trading decisions is strongly preferred.
• Deep understanding of capital markets and portfolio risk, ideally developed through direct experience working with or managing portfolios.
• Strong knowledge of portfolio construction and optimization, risk models, risk decomposition, position sizing, hedging, portfolio constraints, and market impact modeling.
• Strong quantitative and statistical skills, with the ability to translate into practical investment decisions.
• Proficiency in Python and SQL, with experience working with large financial datasets and developing analytical or research tools.
• Prior experience in investing, trading, portfolio management, or another role involving direct responsibility for investment decisions and outcomes is strongly preferred.
• Strong intuition for how portfolios behave in real markets—not simply how they appear within a risk model—including liquidity, positioning, crowding, catalysts, market structure, and changing correlations.
• Excellent communication skills and the ability to explain sophisticated quantitative and risk concepts clearly to portfolio managers and senior investment professionals.
• Ability to operate effectively in a fast-moving investment environment, independently identify important problems, and move comfortably between detailed quantitative research and higher-level portfolio judgment.

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years.  Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.

Expected base pay rates for the role will be between $225,000 and $300,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background.  Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.