Liquidity Risk Vice President – Data Strategy

Liquidity Risk Vice President – Data Strategy

Job Number:

3250994

POSTING DATE: May 7, 2024 PRIMARY LOCATION: Europe, Middle East, Africa-Hungary-Budapest-Budapest EDUCATION LEVEL: Bachelors Degree JOB: Liquidity Risk EMPLOYMENT TYPE: Full Time JOB LEVEL: Vice President

DESCRIPTION

Morgan Stanley is a global financial services firm and a market leader in investment banking, securities, investment management and wealth management services The cornerstone of Morgan Stanleys risk management philosophy is the execution of risk-adjusted returns through prudent risk-taking that protects Morgan Stanleys capital base and franchise. Risk Management protects the Firm from exposure to losses resulting from defaults by our lending and trading counterparties. We offer:

• Competitive salary and benefits
• 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:

• Leadership and execution of data projects with the authority to take decisions and update project progress to LRD management
• Leading and managing the day to day activities of the team, providing guidance and mentoring to junior staff members
• Working alongside senior colleagues, take a leading role to ensure LRD data quality issues are remediated and LRD data resources are used effectively
• Working with key stakeholders (LRD IT, Risk Reporting, LRMO, Risk Managers, Central Risk data team, business areas) to communicate and advance LRD’s data initiatives
• Drafting impactful presentations and presenting LRD data status and initiatives in EMEA & Global forums
• Representing LRD in Legal Entity data governance forums
• Practically apply BCBS 239 and firm data policy standards to LRD
• Working with the Data Governance in LRD team to implement an effective transaction testing framework for complex products. Testing will involve interaction with independent testing functions
• Identify and work on areas for process improvements related to risk data management including identification of data issues

QUALIFICATIONS

You have:

• Degree in a quantitative discipline, such as economics, finance, statistics/mathematics, sciences, engineering or business information technology
• Minimum of 8 years of experience working within a liquidity / funding, data strategy, risk management, technology or audit environment
• Experience leading projects, overseeing the setting and delivery of project goal and presenting in formal committee settings
• Good judgment of liquidity risk and a high-level understanding of product classes giving rise to such risk
• Be able to develop strong working relationships and communicate clearly, both in writing and verbally
• Attention to detail, project management and prioritization skills will be key in balancing daily deadlines with timely implementation of strategic projects
• Good working knowledge in Power Point and Excel

Team profile: Morgan Stanley’s Liquidity Risk Department (“LRD”) provides independent oversight of the Firm’s business and activities, serving as a second line of defense to ensure the Firm retains the appropriate level of liquidity to weather material stresses. Liquidity Risk reports to the Chief Risk Officer and is responsible for independent oversight and monitoring of the Firm’s overall trading, funding, financing and banking businesses, liquidity risk limit setting, risk assessment and analysis, management and regulatory reporting. Role profile: The role is in Liquidity Risk Data and will be based in Budapest leading the team covering LRD data strategy and data governance. The successful candidate will take the leading role examining LRD data flow by working with IT, Risk reporting, Middle Office and Risk Managers to improve transparency, prioritization and handle data issues. In addition, the successful candidate will have experience in undergoing transaction testing for data integrity and practical implementation of BCBS 239 standards. The role will provide exposure to senior management in various committees across Morgan Stanley.

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 "BPSTRESS"

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