Governance and Reporting Analyst

Job title:

Governance and Reporting Analyst

Company:

Morgan Stanley

Job description

Department ProfileThe 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.Morgan Stanley Budapest is an integral part of the Firm’s global critical business functions including Technology, Finance, Risk, Institutional Securities and Wealth Management. Morgan Stanley has been rooted in the Budapest community since 2006 and is considered a leading employer among the area’s highly skilled talent.Our innovative team delivers deep technical and mathematical expertise to support the Firm’s capabilities in quantitative analysis, data analysis, and risk management. We are relentless collaborators and creative thinkers, fueled by our diverse backgrounds and experiences. We believe in empowering individuals to advance their careers through exposure to innovation, hands-on collaboration and enriching learning and development opportunities.Background on the PositionThe role will reside within Firm Risk Management’s (FRM) Risk COO function, in the Model Control Office (MCO) team. The FRM MCO team oversees the FRM model and tool risk governance, to align with model risk management principles instituted by regulatory authorities and adopted by the Firm.The MCO team works closely with global teams across multiple risk and capital areas, and focuses on relevant policy, procedures, governance implementation and controls. MCO team is responsible for Model, Tool and EUC population identification, inventory management, development and review oversight, appropriate model and tool usage, attestations and risk assessments, and ensuring end-user computing (EUC) controls. The team monitors key risks during model and tool lifecycle, issues with EUC management, and conducts related reporting and escalation to key stakeholders across risk stripes. The team is also responsible for training developers & users, and influences inventory infrastructure.The ideal candidate possesses business/technology/financial educational background, and skills such as Excel / VBA, Word, Powerpoint. Familiarity with concepts of financial products and risk management, and any prior work experience is preferred.Primary Responsibilities will include:Risk committee reporting

• Identifying model, tool and EUC inventory updates, by working with large data sets sourced from multiple inventories and dashboards
• Designing and tracking metrics on usage, issue management, data discrepancies
• Coordinating with broader team to review data, collating and reflecting feedback appropriately
• Creating customized reporting for various risk stripes and specific committees

EUC (End User Computing) Management:

• Identifying and inventorying business critical EUCs across Firm Risk Management
• Work with the business areas to set up EUCs and institute proper controls for monitoring EUCs in ClusterSeven, including establishing correct metadata, ownership, service level agreements, and performing quality control checks
• Assist with the delivery of the EUC migration programs required by policy, to transition to technology environments. Working with IT to understand new platforms under development
• Identifying and communicating pending actions, data issues to risk stripes, EUC owners

General governance:

• Assist with addressing Regulatory & IAD requests
• Assist with strategic projects due to policy, regulatory or industry changes

Skills Required (essential):

• Good working knowledge of MS Excel, PowerPoint, Word
• Ability to work with large data sets and identify trends, discrepancies
• Detail oriented with exceptional organizational skills
• Ability to work effectively under tight deadlines
• Excellent verbal and written communication skills
• Strong relationship building skills
• Self-motivator and team player who brings a “”can-do”” approach

Skills Desired:

• Experience in risk, data, governance, project management or consulting in financial services
• Working knowledge of ClusterSeven, Power BI

#AMS #LI-EG1WHAT 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

Tue, 29 Apr 2025 22:17:05 GMT

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