Credit Risk: Central Functions, PA Lending/Reporting : Job Level - Analyst
About The Position
Firm Risk Management (FRM) enables 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. You will collaborate with colleagues across FRM and the Firm to protect the Firm's capital base and franchise, advise businesses and clients on risk mitigating strategies, develop tools and methodologies to analyze and monitor risk, contribute to key regulatory initiatives and report on risk exposures and metrics to enable informed and strategic decision-making. Through thoughtful analysis and clear communication we are best able to bring our ideas to the table and improve the Firm. Credit Risk Management (CRM) Credit Risk Management (CRM) evaluates credit risk transactions and approves, rejects or modifies them considering the availability and appropriateness of arrangements for reducing risk or risk mitigation. The department also assigns Internal Credit Ratings; establishes and manages credit risk limits in accordance with the risk tolerance established by the Board; monitors and reports on credit risk exposures on a regular basis to the Chief Risk Officer, Chief Credit Officer and senior management. CRM also interacts with the business unit to ensure that credit risk assessments are factored into business decisions. Background on the Position CRM is seeking an Analyst to join the Global Credit Reporting team responsible for providing Credit Risk Product Heads, the Chief Credit Officer, and Chief Risk Officer with analysis and reporting to support timely and accurate decision making related to the Firm's credit portfolio. The team provides in-depth exposure analysis, risk insights, and reporting for the global credit portfolio, consisting of all products which expose Morgan Stanley to credit risk. The analysis and reporting supports senior management's understanding of current risk drivers, portfolio concentrations, correlations, and potential tail risks. The Credit Reporting team is responsible for the design, development, and production of recurring management reporting providing value additive analysis of Morgan Stanley's credit risk profile and assessment of emerging risk issues. The team also assists regional and product portfolio managers with ad-hoc analysis as requested by product leads or senior management. The team works closely with Credit Coverage officers, Business Units as well as other Risk functions.
Requirements
- Bachelor's degree in Finance, Computer Science, or Engineering
- 0-2 years of work experience in an investment bank, commercial bank or consulting firm
- Experience with or good knowledge of Excel, PowerPoint, SQL, and VBA
- Strong verbal and written communication skills
- Well organized and able to work in a fast paced environment with strong attention to detail
- Ability to meet deadlines while managing multiple deliverables
- Ability to collaborate with colleagues in other geographic locations
- Capability to demonstrate problem-solving skills with the ability to identify and address various requirements
Nice To Haves
- Sufficient knowledge of programming languages such as Python
- Experience with business intelligence software (Tableau, Qlikview, Power BI, etc.)
- Understanding of Credit Risk, lending and/or traded products
Responsibilities
- Analyze daily, weekly, monthly, and quarterly changes in credit portfolio and summarize findings in oral, written, and PowerPoint format
- Prepare weekly, monthly, and quarterly portfolio review materials; review and defend analysis with senior portfolio manager
- Assist with ad-hoc requests for new point-in-time and trend analysis of the credit portfolio, including capture and aggregation of data not already in credit, risk, or firm systems
- Participate in end-to-end report development lifecycle: ideation, data collection and aggregation, prototyping, report production, and automation
- Escalate data issues to the Data Control team and Credit Risk Agile IT squads and assist with the remediation of data problems
- Collaborate with Data Control, Credit Risk Agile IT squads, Credit Coverage and Business Unit representatives, to ensure new and emerging data required for portfolio analysis is on-boarded into credit risk systems
- Maintain SQL based or other automated reporting processes for managing and monitoring risk
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
