Risk Management, Stress Testing, Portfolio Risk & Capital, Analyst
London
JR007637

The role will reside within Firm Risk Management's Stress Testing & Portfolio Risk team. The EMEA Stress Testing & Portfolio Risk team is the custodian of the Risk Appetite and Stress Testing Frameworks for the MSI Group, and is responsible for measuring, challenging and controlling the MSI Groups aggregate portfolio risks, designing stress testing scenarios and assessing whether the risk is within the stated risk appetite and consistent with Business Strategy.

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.

About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. We can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

What will you be doing?
• Support the design and implementation of stress testing scenarios including development of new methods to measure cross-risk concentrations
• Provide commentary and analysis on the main portfolio risk concentrations and vulnerabilities for periodic Risk packs submitted to the Executive and Board level committees
• Assist on risk deep dives and investigations into risk and capital movements and support core processes and deliverables
• Preparation of materials for governance committees and other updates to senior management
• Co-ordinate regulatory deliverables and disclosures including Trading Activity Winddown, EBA Benchmarking, ICAAP and Pillar 3 Disclosures
• Work with COO teams and the Finance Department on control frameworks

What we’re looking for:
• A strong academic and analytical background, with a degree in a quantitative subject
• Experience in Risk Management at leading financial institutions (preferred)
• Good product knowledge of one or more asset classes; knowledge of VaR, stress testing and/or Risk Capital (preferred)
• Strong attention to detail and ability to provide information in usable formats (proficiency in Microsoft Office is required.)
• The ability to work independently in a self-directed way in a collaborative, team-oriented environment

Skills that will help you in the role:
• The ability to effectively communicate with a wide range of stakeholders, both written and verbally
• An interest in working in a fast-paced environment, often balancing multiple high priority deliverables
• Python and SQL are a plus

Where will you be working?
This role is based in 20 Bank Street, London.

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.

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.