Capital & Data Risk / IM Risk (Risk Management) : Job Level - Analyst

Morgan Stanley•New York, NY

About The Position

The Analyst will reside within Morgan Stanley’s Market Risk Capital team, which produces Market Risk-Weighted Assets (RWA) and capital results for the Firm Risk Management Department. These results support regulatory reporting, capital management, and internal business decisions. Reporting directly to the Global Head of Market Risk Capital, the Analyst will support US Market Risk Capital production and controls while contributing to the governance framework and strategic priorities of the global organization. This highly visible role involves collaboration with stakeholders across Risk, Finance, Capital, Technology, and business units. The Analyst will support recurring capital production, analytical reviews, project coordination, governance activities, documentation, and reporting. The role is suited to an early-career candidate with strong analytical, organizational, communication, and project coordination skills and an interest in market risk, regulatory capital, and capital production processes.

Requirements

Bachelor's degree in Finance, Economics, Business, Engineering, Mathematics, or a related field.
1–3 years of experience in financial services, risk management, finance, regulatory reporting, capital, consulting, project management, or a related field; relevant internship or rotational-program experience may also be considered.
Experience supporting analytical, production, reporting, or project workstreams involving multiple stakeholders.
Strong organizational and execution skills, including the ability to manage recurring production deliverables and project priorities in a fast-paced environment.
Strong written and verbal communication skills, including the ability to prepare clear and concise materials for senior management audiences.
Strong analytical and problem-solving skills and close attention to detail.
Ability to build effective working relationships and engage stakeholders across functions and seniority levels, with appropriate guidance.
Strong proficiency in Microsoft Excel and PowerPoint.

Nice To Haves

Exposure to capital production, regulatory reporting, governance frameworks, regulatory initiatives, operating model development, or process improvement.
Experience or coursework in market risk, regulatory capital, financial products, or broader risk management concepts.
Familiarity with Basel capital frameworks and Market Risk RWA.
Experience working with large datasets or reporting and visualization tools.

Responsibilities

Support the Global Head of Market Risk Capital and collaborate with US and regional teams on production, governance, regulatory, and organizational priorities.
Support project management for global Market Risk Capital initiatives, including regulatory change programs, operating model enhancements, process transformation, and strategic projects.
Help maintain and enhance the governance framework, including standards, policies and procedures, review and challenge processes, attestations, committee governance, management reporting, and escalation protocols.
Coordinate with Market Risk teams in the US and EMEA and with Risk Analytics, Model Risk Management, Firm Capital, Finance, Technology, and business units to manage dependencies and deliver objectives.
Prepare materials for senior management, governance committees, regulators, internal audit, and validation teams, including production updates, presentations, briefing documents, status reports, and decision papers.
Track production and project milestones, risks, issues, dependencies, and action items; identify exceptions or obstacles, escalate concerns, and support timely resolution.
Support recurring US Market Risk Capital production, including data collection, result generation, completeness and reasonableness checks, variance analysis, issue tracking, and management reporting.
Review and reconcile US Market Risk Capital results across relevant reporting views and investigate material movements, data exceptions, and calculation exceptions with relevant stakeholders.
Maintain production documentation, control evidence, process procedures, issue logs, and audit trails.
Perform analytical reviews of US Market Risk Capital results and support improvements to controls, data quality, transparency, reporting, automation, and operational efficiency.
Support regulatory examinations, internal audits, process validation reviews, and other production- and governance-related activities.
Perform ad hoc capital analyses and contribute to special projects supporting management decisions and the broader organization.