Morgan Stanley
Credit Risk Analytics - Associate
Profile Description
We're seeking someone to join our team as an Associate in Credit Risk Analytics team.
Firm Risk Management
In the Firm Risk Management division, we advise businesses across the Firm on risk mitigation strategies, develop tools to analyze and monitor risks and lead key regulatory initiatives.
Company Profile
Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.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
Primary job responsibilities include:
- Understand the WM products in detail and have good knowledge to stress testing methodologies to calculate reserves under CECL & IFRS9 approaches.
- Perform analyses to support enhancements to CCAR stress testing, CECL reserve, IFRS9 and Basel Capital methodologies for Wealth Management retail and wholesale lending products
- Collaborate with Credit Risk Coverage and modeling teams to develop and enhance stress testing methodologies and modeling approaches
- Produce and present business analytics for partners in Credit Risk Coverage and the Wealth Management business unit
- Produce documentation and presentations to effectively communicate key information to senior management and regulators
- Develop methods and tools to streamline and increase efficiency of various work streams Skillset
- Familiarity with capital and credit loss modeling (preferred)
- Proficiency in MS Excel and MS Access Database skills. Also, previous experience in data analytics of large data sets and coding experience (e.g., SQL, VBA, Tableau) a plus
- Excellent verbal and written communication, with ability to communicate effectively with senior management and regulators
- Process management and prioritization skills with ability to multi-task in a dynamic environment
- Strong relationship building and stakeholder management skills
- Self-motivated and proactive attitude, with relentless attention to detail
- Strong problem solving and implementation skills
Skills/Experience
What you'll bring to the role:
- Master's degree required (MBA, Master's in Finance/Economics)
- 3-5 years of relevant experience in the financial industry
- Previous analytics and/ or credit risk management experience (preferred)
What You Can Expect From Morgan Stanley
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.
