We’re seeking someone to join our team as an Director in Credit Risk team.
In the Firm Risk Management division, we advise businesses across the Firm on risk mitigation strategies, develop tools to analyse 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:
Perform portfolio analysis taking a holistic view of the customer to derive key insights to support a variety of strategic business initiatives - e.g. enhanced customer segmentation approaches to refine underwriting strategy and processes.
Perform analyses to support enhancements to stress testing methodologies for Wealth Management Securities Based Lending Business line using the Upfront Market Shock Model
Collaborate with Credit Risk Coverage to develop and enhance stress testing methodologies and modeling approaches for the Upfront Shock Model
Produce and present business analytics for partners in Credit Risk Coverage and the Wealth Management business unit
Produce documentation and presentations to effectively communicate key information to senior management and regulators
Independently manage highly complex credit portfolios and build deep knowledge on Bank or Margin Lending and Traded products. Focus on developing deep domain knowledge and SME capabilities. Stay updated on various products, develop industry knowledge and its impact our business, and proactively discuss / share opinions with senior coverage stakeholders.
Analyze wealth management and lending portfolios to identify vulnerabilities, concentrations, and risk drivers that could impact credit quality during stressed environments.
Conceptualization and ability to develop/refine macroeconomic and idiosyncratic stress scenarios relevant to broker dealer and security-based lending activities
Work closely with credit Coverages and first line risk teams to ensure stress testing outcomes are integrated into business strategy and risk appetite decisions
Identify opportunities to enhance stress testing methodologies, tools, and systems in response to evolving market conditions, regulatory expectations, and industry best practices.
Manage stakeholder expectations and partner with colleagues across the globe to achieve your goals and to gain insight into how a global organization works.
Mentor junior team members and provide them necessary trainings and oversight to ensure good quality deliverables.
Manage a team of 2-3 Analysts/Associates in terms of personal development, oversee production to ensure deliverables are on time and are of high quality, and provide timely feedback.
Manage escalations, and show a strong inclination towards problem solving and innovation
Contribute to production and recognize proper delegation, setting of team goals and work on synergies across different teams.
Lead key CRM projects globally and deliver tangible outcomes. Independently identify opportunities and drive projects aimed at either process efficiency / process improvement / strengthening controls, as applicable
What you’ll bring to the role:
8+ years work experience in financial services industry
Proficiency in MS Excel and MS Access Database skills. Also, previous experience in data analytics of large data sets using SQL is a must. Additional coding experience in VBA is a plus
Excellent verbal and written communication, with ability to communicate effectively with senior management, global coverages and regulators
Understanding of financial securities and derivatives
Process management and prioritization skills with ability to multi-task in a dynamic environment
Strong problem solving and implementation skills
Strong relationship building and stakeholder management skills
Self-motivated and proactive attitude, with relentless attention to detail
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.
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.
