Morgan Stanley

Morgan Stanley

Credit Risk - Wealth Management - Director

Profile Description

We’re seeking someone to join our team as a [Director] to [WM Credit Risk Portfolio Analysis & Reporting team where the Wealth Management Data and Reporting Team produces key reports for senior management, regulators, and Credit Officers, ensuring high-quality data for decision-making. This role is focused on producing, analyzing, and enhancing Credit and enterprise-wide risk reporting using analytical tools (VBA, Python, SQL, Excel) and PowerPoint].

Firm Risk Management

In the Firm Risk Management division, we advise businesses across the Firm on risk mitigation strategies, develop tools to analyze and monitor risks and lead key regulatory initiatives.

Company Profile

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you’ll do in the role:

The role offers an opportunity to partner with Risk teams, IT, Finance, and Operations to produce accurate and timely reports on credit exposures.

Primary responsibilities

• Produce a suite of senior management reports on a daily, weekly, monthly, and quarterly basis
• Analyse daily, weekly, monthly, and quarterly changes in WM credit portfolio and summarize findings in oral, written, and PowerPoint format.
• Assist with ad-hoc requests for new point-in-time and trend analysis of the WM credit portfolio, including capture and aggregation of data not already in credit, risk, or firm systems.
• Participate in end-to-end report development lifecycle: ideation, data collection and aggregation, prototyping, report production, and automation.
• Escalate data issues to the Data Control team and Credit Risk Agile IT squads and assist with the remediation of data problems.
• Support Wealth Management credit risk report automation efforts through analysis and automation of existing manual processes.
• Identify, log, and assist in resolving data gaps and issues with our IT partners.
• Assist in User Acceptance Testing (UAT) activities to determine if the automation efforts are yielding the intended results. Also, validating any suggested changes and assessing adherence to the firm's business requirements.
• Collaborate with Data Control, Credit Risk Agile IT squads, Credit Coverage and Business Unit representatives, to ensure new and emerging data required for portfolio analysis is on-boarded into credit risk systems.
• Assist in the training and oversight of junior colleagues.

What you’ll bring to the role:

Skill Set

• Good analytical skills, ability to analyze information, identify and articulate problems and trends.
• Strong Attention to detail
• Strong written communication skills, including the ability to communicate effectively across regional teams.
• Ability to meet deadlines while managing multiple deliverables.
• Willingness to assume extended responsibility.
• Strong team player with the ability to work harmoniously with a diverse workforce.
• Proficient in Excel, PowerPoint, SQL, and VBA; proficiency in programming (Python) a plus

Qualifications/Criterion

• Post graduation degree in finance or equivalent
• 3-5 years of relevant experience in financial services, risk management, or reporting, preferably Credit Risk Management
• Experience working with wholesale and retail banking products, e.g. securities-based products, traded products, mortgages, etc. is preferred but not mandatory

WHAT 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.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

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.