Job Description
We are seeking a Risk Identification Analyst to join our team. As a member of our risk management department, you will gain insights into global capital management for regulatory and business purposes.
Firm Risk Management (FRM) is responsible for providing independent risk oversight across market, credit, operational, liquidity and other risk stripes to help protect the Firm from unwanted or unexpected risks. The Risk Identification team manages the quarterly process which helps identify material, new or emerging risks that inform risk measurement, monitoring and management, and the development of stress scenarios that reflect Firm-specific vulnerabilities. The Risk Identification team in Budapest is also responsible for agile project management to maintain and improve the Firm’s Risk Identification and Assessment platform. The Firm and the Team uses this platform to manage the aggregate portfolio risk and report this to senior committees on a quarterly basis. Regulatory submissions and responses prepared by our Team are critical to the ability of the Firm to continue operations. Responsibilities include the execution of work for routine deliverables, as well as pursuit of incremental improvements in the process.
Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
What you'll do in the role:
Participate and coordinate quarterly risk identification reporting process for the Firm and US legal entities
Manage quarterly refresh of the risk taxonomy and risk inventory
- Manage governance of the risk identification process, including execution of review and challenge processes
- Monitor risk trends across all risk types and businesses, recognize and review new or emerging risks and analyze linkages between risks
- Prepare documentation and presentations to effectively communicate key information to senior management and regulators
- Collaborate with stakeholders across Lines of Business, Finance, Capital/Treasury, Market, Credit, Liquidity, Operational Risk departments, and country Risk Offices in New York, Budapest, London and Frankfurt
- Manage an IT agile project to improve the Firm’s global Risk Identification and Assessment platform from end-user perspective
- Liaise with Firm’s other Risk Management functions to understand requirements and improve integration with the platform
- Liaise with IT on matters related to development of the platform
- Perform status reporting, prioritization, and project sequencing
- Maintain key documentation related to the application
- Perform user acceptance testing
What you'll bring to the role:
Bachelor’s or higher degree in a quantitative field such as finance, economics or similar
Attention to detail and ability to prioritize projects and workload
Proficiency with Excel and PowerPoint to produce executive-level materials
Excellent communication and interpersonal skills, written and verbal
Strong analytical background with an understanding of risk management concepts
Motivation to learn and improve
Nice to have:
Experience in risk, banking or finance related role
Experience with large set of data and databases
#LI-hybrid #LI-JL01
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
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.
Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.
Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
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.