First Line Credit Risk Analyst - Assistant Vice President

Morgan Stanley • Purchase, NY

13d • $85,000 - $140,000 • Onsite

About The Position

The Private Banking Group (PBG) is establishing its first-line credit risk team to enhance credit risk oversight and activities across multiple lending products. This role is central to credit risk oversight, transforming portfolio data into actionable insights and fostering alignment among risk, business, and finance stakeholders. This is not a pure data science or model development position. The candidate will be expected to adapt to various tasks, with a primary focus on supporting ad-hoc reporting requests and assisting in the design and development of automated reporting solutions. The role requires a minimum proficiency in data and reporting, coupled with a strong understanding of credit risk concepts relevant to private banking lending products such as Securities-based lending, Tailored Lending, Residential Mortgages, and Commercial Real Estate lending. Success will be measured by the ability to leverage data and tools to define risk issues, guide decision-making, collaborate with multiple stakeholders, utilize firm-approved AI tools, and influence outcomes.

Requirements

• Minimum of 4 years of experience in financial services with an emphasis on portfolio analytics and risk management.
• BA in finance, economics, accounting, business, statistics, or math.
• Proficiency in data analysis and visualization tools (e.g., Python, SQL, Tableau, Power BI) to support insights and reporting.
• Excellent interpersonal and communication skills; detail-oriented and effective in fast-paced environments.

Nice To Haves

• Advanced degrees / certifications are a plus.
• Skill using firm-approved AI tools to enhance analysis and productivity within governance frameworks is preferred.
• Solid understanding and experience working with databases and snowflake is preferred.
• Experience designing automated reporting pipelines utilizing Python or SQL is preferred.
• Experience translating regulatory and underwriting standards into data-driven controls is a plus.
• Experience presenting analysis or risk insights to non-technical stakeholders or senior management is strongly preferred.

Responsibilities

• Gather, organize, and transform complex data to deliver timely, accurate, and actionable insights and reports to support credit risk decision-making and strategic projects and initiatives.
• Analyze and track portfolio metrics such as originations, limit monitoring, KRIs, loan quality, stressed credits, etc., by conducting data analytics across multiple databases to enhance risk visibility across the organization.
• Support and help drive the oversight, coordination, and management of stressed credit exposures across lending products, and support and manage working group forums and risk committees.
• Track progress on team initiatives, drive continuous improvement and efficiency, maintain documentation, draft policies and procedures, map out processes, and build presentations and reports for senior management and regulators.
• Partner with stakeholders across multiple legal entities, businesses, financial and non-financial risk organizations, etc., to drive data-driven risk management initiatives.

Benefits

• Comprehensive employee benefits and perks in the industry.
• Ample opportunity to move about the business for those who show passion and grit in their work.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level