Morgan Stanley

Credit Risk Business Analyst

Morgan Stanley

Sep 5th, 2022
Morgan Stanley mobilizes capital to help governments, corporations, institutions and individuals around the world achieve their financial goals. For over 85 years, the firm’s reputation for using innovative thinking to solve complex problems has been well earned and rarely matched. A consistent industry leader throughout decades of dramatic change in modern finance, Morgan Stanley will continue to break new ground in advising, serving and providing new opportunities for its clients.

Morgan Stanley is committed to maintaining the first-class service and high standard of excellence that have always defined the firm. At its foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide its more than 70,000 employees in 1,200 offices across 41 countries.

Discover what makes Morgan Stanley such a great place to work by using the resources on this page to learn more about our people, our business, and our heritage.
1585 Broadway
New York NY, United States 10036
http://www.morganstanley.com/careers
Credit Risk Business Analyst

Job Number:

3223267

POSTING DATE: Sep 5, 2022
PRIMARY LOCATION: Europe, Middle East, Africa-United Kingdom-United Kingdom-London
EDUCATION LEVEL: Bachelor’s Degree
JOB: Credit Risk
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Vice President

DESCRIPTION

Division: Firm Risk Management
Role: Credit Risk Business Analyst
Level: Vice President
Location: London
Firm Risk Management
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.

Background on the Position
Credit Risk Management (CRM) evaluates credit risk transactions and approves, rejects or modifies them considering the availability and appropriateness of arrangements for reducing risk or risk mitigation. The department also assigns Internal Credit Ratings; establishes and manages credit risk limits in accordance with the risk tolerance established by the Board; monitors and reports on credit risk exposures on a regular basis to the Chief Risk Officer and senior management. CRM also interacts with the business units to ensure that credit risk assessments are factored into business decisions.

This role is within the EMEA Credit Risk Change Management team, whose focus is the strategic infrastructure transformation and project delivery for Credit Risk Management. The successful candidate will work as a Business Analyst for Traded Product Exposures in the Credit Risk Exposure Calculation Engine, and will be working with the Credit Risk Management, Risk Analytics, Credit Risk Data Control and IT teams to define solutions and deliver change to the Credit Risk infrastructure.

Primary Responsibilities
~ Provide Business Analysis and Subject Matter Expertise to enhance the Credit Risk Exposure Calculation Engine for Traded Products
~ Work with the Risk Analytics, Credit Risk Management, Credit Risk Data Control and IT teams to improve the exposure accuracy of Traded Product Exposures
~ Contribute as a Business Analyst to an Agile squad of developers and Product Owner to deliver change and add value to the Credit Risk Management department
~ Create business requirements documents, test new functionality and review the IT release exposure numbers to enhance the Credit Risk Traded Products infrastructure
~ Lead projects and collaborate with multiple teams across the Firm (e.g. CRM, Risk Analytics, Finance, IT) to deliver strategic change for the Credit Risk Management department
~Contribute to the Agile squad ceremonies, such as backlog refinement and daily stand-ups

FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and


QUALIFICATIONS

~ University degree in a quantitative discipline
~ Strong analytical and problem-solving skills
~ Good working knowledge of SQL (preferred), Excel VBA and Python
~ Experience in Credit or Market Risk Management, Trading, Financial Modelling or related Risk functions
~ Knowledge of products that generate Counterparty Credit Risk: OTC derivatives (Rates, FX, Credit, Equities, Commodities) and Securities Financing Transactions
~ Experience in project management and Agile methodologies
~ Experience in Credit Risk IT Change Management (preferred)
~ Familiarity with Counterparty Exposure management, including industry standard models used (e.g. potential exposure, advanced/IMM capital calculations, expected loss) (preferred)
~ Strong organisational, attention to detail and follow-up skills
~ Logical and structured approach to planning, problem-solving and decision making
~ Ability to communicate effectively with a wide range of stakeholders, both written and verbally
~ Strong stakeholder management skills and ability to build effective business relationships across the Firm
~ Ability to work independently in a self-directed way to thrive in a collaborative, team-oriented environment
~ An interest in working in a fast-paced environment, often balancing multiple high priority deliverables to strict deadlines

If you require alternative methods of application or screening, you must approach Morgan Stanley directly to request this, as we're not responsible for the employer's application process.

RedHired TIP

For your privacy and protection, when applying to a job online, never give your social security number to a prospective employer, provide credit card or bank account information, or perform any sort of monetary transaction.

By applying to a job using RedHired you are agreeing to comply with and be subject to the RedHired Terms and Conditions for use of our website. To use our website, you must agree with the Terms and Conditions and both meet and comply with their provisions.

RedHired

All job types
Contract
Full-time
Part-time
Permanent
Temporary
Other

All locations
England
FK
GI
Northern Ireland
Scotland
Wales