Counterparty Risk Vice President
Frankfurt
3243612
Morgan Stanley is seeking a risk professional to join the Credit Risk Management department in Frankfurt at Vice President level. The role holder will have responsibility for the credit risk management of the Firm's business with financial institutions and non-bank financial institutions (NBFI), including credit risk arising from transactions executed via electronic trading.
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?
Oversight of the credit analysis, credit rating assignment and risk management for financial institutions and NBFI's, in particular setting and monitoring of credit risk limits as well as performing credit due diligence and internal rating assignmentMonitoring and understanding how macro-economic, industry or company-specific trends impact the credit quality of counterparties or group of counterpartiesMonitoring and analysis of credit risk and credit exposure sensitivities including of electronic trading clients, as well as review and analysis of credit stress testing resultsTransaction analysis and credit approval, including review and approval of credit risk mitigation and documentation requirementsPoint person for Sales & Trading Division for management of credit risk resulting from transactions including those executed via electronic tradingReviewing, analyzing and approving New Product requestsClose coordination with other departments including Legal and Compliance, Operations, Regulatory Controllers and Capital Groups as well as Firm Risk employees in other Morgan Stanley offices
QUALIFICATIONS
What we're looking for:
Bachelor's degree or equivalent, ideally in Finance, Economics or similar; Master's degree or professional qualification as CFA or equivalent (preferred)Proven experience in risk management or similar roles with strong analytical skills, experience related to fundamental credit analysis of financial institutions and NBFIs (preferred)Strong understanding of financial risks in traded products and the credit approval processAbility to communicate effectively with a wide range of stakeholders, both written and verbally
Skills that will help you in the role:
Ability to work independently in a self-directed way in a collaborative, team-oriented environmentAbility to work in a fast-paced environment, often balancing multiple high priority deliverablesStrong attention to detail and ability to provide information in usable formats (proficiency in Microsoft office, including Excel, PowerPoint and Word)Fluency in English is required, plus another European language (preferred)
Where will you be working?
The role will reside within Firm Risk Management's Credit Risk Management Department. 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 business units to ensure that credit risk assessments are factored into business decisions.
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.
Internal Applicants:
Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here.
Equal opportunities statement:
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.