Morgan Stanley

Posting Date

Dec 18, 2023

Primary Location

Europe, Middle East, Africa-Hungary-Budapest

Job

Risk Management Contract Consultant Consultant

Description

How can models give actionable insight into where risk is concentrated? As an analyst in the Market Risk Methodology team you will have an opportunity to understand how models are used for quantifying market risk and learn about capital management for regulatory and business purposes. 

We offer:

• Flexible working arrangements (core hours and opportunity to work from home)
• The ability to grow and shape your own career
• Continued professional development based on your career interests
• Inclusive and welcoming environment
• Contingent/Leased assignment working onsite at Morgan Stanley
• Contract via a third-party agency

You will:

• Participate in the FRTB program, be up-to-date with new regulations around minimum capital requirements for market risk
• Have a comprehensive knowledge about FRTB requirements, contribute to the implementation of processes related to FRTB IMA
• Work closely together with senior management
• Organize the work across several global teams, give updates about recent changes regarding FRTB requirements 
• Be part of an innovative team from different locations such as New York, London, Mumbai
• Participate in research, development and implementation of market risk models
• Perform econometric analyses to support methodology development
• Perform backtests, stress tests, scenario analyses and sensitivity studies
• Perform data analyses for various purposes
• Coordinate team’s daily tasks and escalate issues on a timely manner

Qualifications

You have:

• A degree in a quantitative field such as Finance, Economics, Mathematics, Mathematical Finance, Physics or Engineering
• Excellent Microsoft Office skills
• Reliable, precise and detail-oriented working attitude
• Strong interpersonal and communication skills, collaboration and problem-solving skills
• Quantitative thinking, good business sense and judgment
• Genuine and broad interest in financial markets and derivatives
• Excellent command of English both written and verbal

Team Profile: 

The market risk methodology team has global responsibility for the management of all market risk exposure arising from the Firm’s business activities. The group performs regular monitoring and reporting for risk models and provides support for internal clients. The group also develops and improves the Firm’s market risk models used for computing Value at Risk, Default Risk Charge, Expected Shortfall and other market risk measures.

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.