The cornerstone of Morgan Stanley’s risk management philosophy is the execution of risk-adjusted returns through prudent risk-taking that protects Morgan Stanley’s capital base and franchise. Risk Management protects the firm from exposure to losses resulting from defaults by our lending and trading counterparties. The Risk Management Division is responsible for the independent identification, analysis, reporting and escalation of all market, credit and operational risk exposures arising from the Firm’s business activities, acting independently of business management and providing an effective challenge process.
We offer:
The chance to work in the Risk Management Division of one of the world's top tier investment banks
A competitive compensation and benefit package
Hybrid working arrangements (core hours and opportunity to work from home)
The ability to grow and shape your own career
Continued professional development based on your career interests and mentoring opportunities
Inclusive, vibrant, and open-minded multinational environment, where your ideas are taken seriously
You will:
Participate in setting and executing data, risk and controls standards, framework, processes and requirements for the Market Risk Department and the Risk Management Division
Participate in various data, risk and controls related strategic programs targeting strengthening the data quality control framework for owned or consumed by the Market Risk Department
Deliver high quality management information to support senior stakeholders across the Firm in discussions and in the decision-making process for data, risk and controls related projects
Support firmwide data strategy efforts in general and represent the interest of the Market Risk Department
Interface and manage relationships with internal stakeholders within the wider Risk Management Division, the Technology Division and the Front Office
You ideally have:
Strong risk and control mindset
Strong strategic and critical thinking
Experience designing and testing data controls to ensure they are effective, measurable, and aligned with risk management standards
Ability to work independently, proactively and taking ownership
Attention to detail and prioritization skills
Basic understanding of financial concepts, financial products and risk management
Bachelor’s or higher degree in a quantitative field such as Finance, Economics, Business Informatics or Mathematics
Proficient in written and verbal communication (in English)
You might also have:
Familiarity with key regulatory frameworks such as BCBS 239 or FRTB, and how they apply to data and control practices in risk management
Basic familiarity with handling and analyzing large datasets is favorable on at least one platform such as Excel, Python, SQL or PowerBI
Basic understanding of Agile Principles
Experience in UAT and in product development support
Team Profile: The Market Risk Data Governance team is part of the Market Risk Department (a risk stripe within the Risk Management Division), leading the effort in setting market risk data standards and in data governance by partnering with several stakeholders. The team is the prime point of contact to identify and escalate thematic strategic data issues and projects to senior management while ensuring compliance with global regulations.
About us: Morgan Stanley provides a superior foundation for building a professional career - a place for people to learn, achieve and grow. You will be exposed to a truly international and multi-cultural environment that appreciates and respects individuality.
#LI-hybrid #LI-EG01 #BPDBA
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.
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 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.