Risk Analytics - London, United Kingdom - Morgan Stanley

Morgan Stanley

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Risk Analytics

Associate

Job Number:
3243489

POSTING DATE:
Nov 3, 2023

PRIMARY LOCATION:
Europe, Middle East, Africa-United Kingdom-United Kingdom-London

EDUCATION LEVEL:
Master's Degree

JOB:
Risk Management

EMPLOYMENT TYPE:
Full Time

JOB LEVEL:
Associate

DESCRIPTION

Risk Analytics
Associate

London

Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks.

The role will reside within Firm Risk Management's Risk Analytics Department, specifically the Credit Risk Methodology Group.

This team is responsible for development of credit risk models for estimation of ratings, probability of default, loss given default or exposure, primarily for use in Internal Ratings Based (IRB) capital calculations but also other downstream processes.

This role will be within the EMEA Credit Risk Methodology team, reporting to the EMEA Head of Credit Rating Methodology based in London, working closely within the global function in the US and other locations.

The EMEA team, in addition to contributing to global workstreams and priorities, focuses on ensuring that specific regional / legal-entity requirements, standards and practices are met.

About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic.

We can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow.

A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

What will you be doing?
Develop or enhance existing IRB models for global use, while ensuring compliance with different regulatory requirements (USA, UK, EU, Germany) and internal standards
Collaborate in a global team environment to execute projects such as

- o model developments

o benchmarking, testing and performance monitoring
- o preparation for stakeholder or regulatory interactions
- o Ensure projects, including model developments and implementations, comply with Global Risk Analytics standards
- o Coordinate with and support credit analysts, capital teams and model risk management team (among others)

QUALIFICATIONS

What we're looking for:
Understanding of statistical techniques used in risk modelling such as Regression, survival analyses, machine learning, etc.
Experience in at least one of the following programming languages: Python (preferable), R
Experience in IRB Modelling (preferred, but not essential)
Relevant experience in a quantitative role in the Financial Services industry (preferred, but not essential)
Collaborate with teams and stakeholders across FRM
The ability to effectively communicate with a wide range of stakeholders, both written and verbally
An interest in working in a fastpaced environment, often balancing multiple high priority deliverables
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.
Equal opportunities statement:
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.