Firm Risk ManagementFirm 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, model and other risks.
Background on the PositionWithin FRM, Credit Risk Management (CRM) evaluates credit risk transactions, especially loans and derivatives, from all Business Units within the Firm. 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.The Asia (including Japan) CRM department is currently seeking a hands-on professional covering credit risk governance, projects and regulatory risk management to support CRM senior management in the region. This role sits within the Asia CRM non-coverage team spanning investment banking, capital markets, sales and trading, and wealth management covering all non-transactional aspects of credit risk and legal entity requirements.
Primary Responsibilities- Review, implement and maintain credit risk management governance and credit risk frameworks for all Asia legal entities and risk forums- Lead Asia CRM in regional business expansion projects that require roll-out of credit risk processes, tracking of project deliverables and complex tasks- Represent and coordinate with global CRM stakeholders on regional initiatives- Lead deep dives into specific areas of focus based on Risk and Regulatory priorities- Lead operational reviews of the credit risk policies and procedures, including the continuous identification of process improvements, efficiencies and meeting regulatory standards- Act as trusted advisor to the Regional CRM team on all credit projects, governance and regulatory matters
Experience- Degree holder with strong governance and project management skills in a finance related sector- Min. Experience of 8 years in Risk Management or governance related project management roles (less experienced candidates will be considered at Associate level)- Good knowledge of credit risk management process, procedures and products. Credit risk officers with good project management and regulatory knowledge are encouraged to apply- Strong influencing skills in a matrix reporting environment, with a proven ability to effectively and professionally interact with senior management- Must be able to work independently and proactively within a fast paced, team environment- Creative and strategic thinking skills, including the ability to analyze business issues and identify key risks/mitigating controls, combined with a pragmatic approach to problem solving
FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views.
Job: *Credit Risk
Title: Governance and Projects - Asia Credit Risk, Vice President, (Singapore/Hong Kong)
Location: Non-Japan Asia-Hong Kong-Hong Kong-Hong Kong
Requisition ID: 3245984