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 department of one of the world's top tier Financial Institutions and gain first-hand insight into our business- A competitive compensation and benefit package- Flexible working arrangements: core hours and opportunity to work from home- Professional development opportunities including access to Morgan Stanley's world-class internal trainings, financial and study-leave support for selected professional qualifications- Support in your career development by providing mentoring opportunities- A supportive, vibrant, and open-minded multinational environment, where your ideas are taken seriously. We accept individual differences and believe in teamwork
You will:- Manage a team of professionals who are responsible for:o The data management and data ownership of critical Market Risk processes such as VaR, Stress Testing, FRTB, etc.o Review, manage and document business logics of critical data domainso Identify, measure, understand and communicate data related risks in critical MRD dataflowso Lead the setup of new data processes as a data SME - Participate in innovative projects related to data analysis, visualization, and process automation - Collaborate with stakeholders and partners distributed in different regions (New York, London, Frankfurt, and Mumbai and teams such as Finance, IT, Risk Analytics, Model Risk Management, etc.)- Balance between regular, development and ad-hoc related tasks
You have:- University or College degree in data science, finance, economics, or in any other related field - Good understanding of data manipulation, automation, and visualization: o SQL (case when statements, sub queries, joins), o Excel (e.g. VBA, v-look up, index/match, pivot tables, etc.)o PowerBI- Basic/Good understanding of financial products is a must, including familiarity with risk management concepts such as risk measures, option greeks, etc. - Excellent communication and interpersonal skills- People management experience is a must- Self-motivated, proactive personality, who is able to motivate others- Willing to be flexible and work across work-streams as needed
*You might also have: *- Good understanding of Agile Principles is a plus- Experience in UAT and experience in product development support is an advantage
*About us: *Morgan Stanley provides a superior foundation for building a professional career - a place to learn, grow and achieve. You will be exposed to a truly international and multi-cultural environment that appreciates and respects who you are as a person. Our state-of-the-art offices in the City Centre have been designed to maximize collaboration. BPDBA
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.
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Build a career with impact. Visit morganstanley.hu or LinkedIn for more information.
Job: *Market Risk
Title: Market Risk Data Team Leader
Location: Europe, Middle East, Africa-Hungary-Budapest-Budapest
Requisition ID: 3246124