Portfolio and Market Risk Stress Testing Specialist
We are seeking a Portfolio and Market Risk Stress Testing Specialist to join our Market Risk Department, based in Budapest. The 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.
The role will reside within the Firm Risk Management's Market Risk Department (MRD), which is a team dedicated to providing analyses and reporting of all market risk arising from the Firm's business activities. This role resides within the Portfolio and Market Risk Stress Testing team. The role involves analyzing the Firm's internal and regulatory scenarios, working on process improvements, designing stress scenarios and liaising with a host of risk managers and various stakeholders.
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.
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:
- Work in a team of portfolio and market risk stress testing specialists tasked with the production of various risk analysis and regulatory risk reports submitted to the Federal Reserve and other regulators in major financial centers
- Run the existing processes and work on improvements
- Conduct analysis on risks, financial products and various stress scenarios
- Coordinate work with other departments in risk, finance and technology
- Balance between regular and development / ad-hoc related tasks
What you’ll bring to the role:
- Bachelor’s or higher degree in a quantitative field such as Finance, Economics and Mathematics
- Basic understanding of the financial concepts, financial products and risk management
- Basic knowledge of financial risks
- Excel and data experience
- Experience in a finance, risk function is a plus
- SQL, PowerBI and other programming languages is a plus
#LI-hybrid #LI-JL01
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 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.
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 opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.