Morgan Stanley

Credit Limit Analysis Team - Analyst

Profile Description

We’re seeking someone to join our team as an [Analyst] to [support efforts to implement CRM's data management processes to meet the Firm's Data Policy requirements and Regulatory expectations]

Firm Risk Management

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.

Company Profile

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

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:

Credit Limit Analysis Team (CLAT) is currently seeking Analyst level candidates based in Mumbai, India. This is an exciting opportunity to join a newly established Credit Limit Analysis team in Mumbai, which is an extension of the existing Credit Risk Data Control team. The role will support efforts to implement CRM's data management processes to meet the Firm's Data Policy requirements and Regulatory expectations. The role will include collaboration with partners across the globe, particularly in New York, Budapest, and London. The candidates selected will need to have a good of balance technical skills, communication skills, and process management skills.

Primary Responsibilities
• Develop a deep understanding of Morgan Stanley's Credit Limit Framework and Policy, Credit Risk Data Architecture and Data Flow
• Monitor credit limit breaches and effectively identify true and false excesses
• In depth understanding of various Stress Scenarios, shock application and how they are relevant to the current market conditions
• Perform detailed analysis on Risk measures consisting of First Line & Second Line Stress to the effects of scenarios and sensitivities on exposures
• Understand trade bookings to evaluate how exposures will feed and impact Credit Risk Systems for various measures
• Support Credit Officers with detailed investigation of stressed & unstressed exposure movement for genuine excesses to assess Risk Appetite of the Counterparty
• Remediate recurring data quality issues by proactively engaging with various stakeholders and product experts within and outside of CRM
• Monitor Country and Industry risk reports and perform in depth checks on limit breaches
• Contribute to preparation of various reporting submissions related to limits to provide senior management with a view on Credit risk exposures in a timely manner
• Support other teams including Credit Officers, Risk Analytics, Stress Testing, Technology and other risk stripes in FRM and within the Firm

Secondary Responsibilities
• Contribute to the enhancement of CRM's data management processes to meet internal requirements and Regulatory expectations (such as those established by BCBS239, 14Q, FED/PRA reports)
• Identify areas which can be automated or enhanced to bring more timeliness and efficiency.
• To get involved in change management initiatives as the technical representative from the Team

What you’ll bring to the role:

Experience and skills desired
• 1-2 years of experience in Risk Management, Middle Office, or Finance area
• Bachelor's degree in Finance, Computer Science, or Engineering related areas, MBA;
• Experience with data management, such as data architecture, governance, analysis, controls, and process automation
• Familiarity with products that generate Credit Risk: Loans, OTC derivatives (Rates, FX, Credit, Equities, Commodities), Securities Financing Transactions is an added advantage
• Basic technical skills, including working knowledge of databases and comfort working with large datasets via SQL and VBA programming is a must; other programming languages like python would be a plus
• Familiarity with data visualization tools would be an advantage such as Power BI etc.
• Self-motivator with strong written and verbal communication skills
• Ability to meet deadlines and deliver quality with keen attention to detail
• Willingness to collaborate with colleagues in other geographic locations

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.

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.