Risk Identification Analyst

Risk Identification Analyst

Job Number:

3250143

POSTING DATE: Apr 30, 2024 PRIMARY LOCATION: Europe, Middle East, Africa-Hungary-Budapest-Budapest EDUCATION LEVEL: Bachelors Degree JOB: Risk COO EMPLOYMENT TYPE: Full Time JOB LEVEL: Associate

DESCRIPTION

What aspects of life are not subject to risk? Are you a risk taker or risk averse? As part of Morgan Stanley’s risk management department, you will be at the centre of our business. You will gain insights into risk and portfolio management, qualitative and quantitative assessment of risks, analysing risk and their impact on the Firm, on US Legal entities and reporting these risk to senior stakeholders and committees. We offer:

• Competitive salary and benefits
• Flexible working hours (core hours)
• The ability to grow and shape your own career
• Continued professional development based on your career interests
• Inclusive and welcoming environment
• Continuous improvement with high visibility projects

You will:

• Participate and coordinate quarterly risk identification reporting process for the Firm and US legal entities:
• Manage quarterly refresh of the risk taxonomy and risk inventory
• Manage governance of the risk identification process, including execution of review and challenge processes
• Monitor risk trends across all risk types and businesses, recognize and review new or emerging risks and analyze linkages between risks
• Prepare documentation and presentations to effectively communicate key information to senior management and regulators
• Collaborate with stakeholders across Lines of Business, Finance, Capital/Treasury, Market, Credit, Liquidity, Operational Risk departments, and country Risk Offices in New York, Budapest, London and Frankfurt
• Manage an IT agile project to improve the Firm’s global Risk Identification and Assessment platform from end-user perspective:
• Liaise with Firm’s other Risk Management functions to understand requirements and improve integration with the platform
• Liaise with IT on matters related to development of the platform
• Perform status reporting, prioritization, and project sequencing
• Maintain key documentation related to the application
• Perform user acceptance testing

QUALIFICATIONS

You have:

• Bachelor’s or higher degree in a quantitative field such as finance, economics or similar
• Attention to detail and ability to prioritize projects and workload
• Proficiency with Excel and PowerPoint to produce executive-level materials
• Excellent communication and interpersonal skills, written and verbal
• Strong analytical background with an understanding of risk management concepts
• Experience in risk, banking or finance related role a plus
• Experience with large set of data and databases is a plus
• Motivation to learn and improve

Team Profile: Firm Risk Management (FRM) is responsible for providing independent risk oversight across market, credit, operational, liquidity and other risk stripes to help protect the Firm from unwanted or unexpected risks. The Risk Identification team manages the quarterly process which helps identify material, new or emerging risks that inform risk measurement, monitoring and management, and the development of stress scenarios that reflect Firm-specific vulnerabilities. The Risk Identification team in Budapest is also responsible for agile project management to maintain and improve the Firm’s Risk Identification and Assessment platform. The Firm and the Team uses this platform to manage the aggregate portfolio risk and report this to senior committees on a quarterly basis. Regulatory submissions and responses prepared by our Team are critical to the ability of the Firm to continue operations. Responsibilities include the execution of work for routine deliverables, as well as pursuit of incremental improvements in the process.

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 whom 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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Learn about our culture and the opportunities for professional growth at Morgan Stanley Budapest:



Build a career with impact. Visit morganstanley.hu or LinkedIn for more information.