Credit Risk Stress Testing Analyst

Job title:

Credit Risk Stress Testing Analyst

Company:

Morgan Stanley

Job description

Morgan Stanley is seeking an Analyst to support the Lending Stress Testing team within the Credit Risk Department, based in Budapest. The successful candidate will be part of a multi-disciplinary team that is dedicated to covering the lending businesses within ISG (Institutional Securities Group) at a portfolio level, including analysing the portfolio risk with each lending business, conducting stress loss analysis (centred around the Firm’s CCAR submissions and expected credit loss (CECL, IFRS9) calculation), and collaborating with other areas within Risk and the Business to manage and analyse the pipeline.We offer:

• A competitive benefits package including eligibility for an annual bonus
• Flexible working arrangements (core hours and opportunity to work from home)
• Extensive training both in the classroom, and on the job from seasoned professionals, with additional access to Morgan Stanley’s world-class internal trainings
• Young, dynamic, and vibrant culture centered on diversity and inclusion

You will:

• Analyze and identify potential vulnerabilities of the Firm based on loss projections under different internal and regulatory financial scenarios; including Climate Risk and CCAR
• Collaborate with New York based stakeholders, communicating results to senior management
• Participate in innovative projects related to data analysis, visualization, and process automation
• Work closely with model design and validation teams to detect and improve weaknesses in risk models
• Coordinate as necessary with other functional groups within and outside risk management

You have:

• Solid academic background, preferably with a degree in a quantitative discipline, such as economics, finance, statistics/mathematics, sciences or engineering
• Strong written and verbal communication skills in English
• Interest in markets, risk models and financial products
• Attention to detail and prioritization skills will be key in balancing daily deadlines with timely implementation of strategic projects
• Ability to handle and analyze large datasets in Excel, additional fluency in VBA or SQL is an advantage

Team Profile: The Credit Risk Department, comprised of ~140 employees, is one of the key lines of defence for Morgan Stanley’s balance sheet. The team ensures that credit ratings, limits, and other attributes are accurate and up to date for Morgan Stanley’s corporate lending and derivatives trading business lines, while also participating in the preparation of proposals for the extension of credit.About us: Morgan Stanley provides a superior foundation for building a professional career – a place for people to learn, achieve and grow. You will be exposed to a truly international and multi-cultural environment that appreciates and respects individuality.There are various employee offers such as discount theatre tickets, dry cleaning service and many more.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 maximise 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.#AMSWHAT 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.

Expected salary

Location

Budapest

Job date

Mon, 14 Apr 2025 04:04:50 GMT

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