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Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk‑adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks. The Executive Director – Market Risk COO role sits in FRM Market Risk. Market Risk Management Division (MRD) independently identifies, analyses, reports and escalates market risk across EMEA, providing robust challenge to the business.