Risk Analyst

Morgan Stanley•New York, NY

1d•$75,000 - $95,000•Onsite

About The Position

Morgan Stanley is seeking an Analyst for the Risk Capital group, based in New York. Risk Capital, which is part of the Firm Risk Management Department, is responsible for the risk-based assessments required for regulatory capital calculations. The successful candidate for this role will perform these assessments for new transactions, review regulatory requirements, implement new processes and contribute to a wide variety of projects and initiatives within the larger group. The successful candidate will also support business decision making by providing these evaluations and partnering on the business model where regulatory capital considerations are material.

Requirements

Understanding of Credit Risk fundamentals including traded products, contractual agreements, collateral management, risk data and metrics
Quantitative/analytical background (e.g. finance, accounting, mathematics, STEM, law, economics, etc.)
Excellent organizational skills to meet challenging objectives and manage competing priorities
Strong written and verbal communications and mastery of relevant software
Identify ways to mitigate risk and developing new policies/processes in support of control and governance
One year of experience in related roles in a similarly complex institution

Nice To Haves

Familiarity with current and evolving US Broker Dealer, Swap Dealer and Securities-Based Swap Dealer regulations
Capability, experience and comfort in reviewing and assessing the implications of complex new regulations
Databases and programming experience including SQL and/or Python

Responsibilities

Identify and perform analysis of counterparty credit risk for derivatives, cleared transactions, repurchase agreements, securities lending agreements, margin loans and other loans
Deliver analysis and management information to support review and assurance of the counterparty credit risk regulatory capital position
Coordinate with the team to prepare responses to information requests from senior management, regulatory authorities, Independent Process Validation Group, and Internal Audit
Contribute to efficiencies and other enhancements of best-in-class processes to support daily, weekly, monthly and quarterly reporting while maintaining robust processes and controls. This would include design, development and implementation of tactical tools and strategic system changes
Work with stakeholders in the Business Units, Treasury, Finance, Risk Analytics and Credit Risk
Perform, and participate in, regulatory and capital analysis of new products and proposals initiated by the Business Units and the Firm and provide recommendations to the Business Units and Risk senior management for these new products and proposals. Support business decision making by providing these evaluations and partnering on the business model where regulatory capital considerations are material.
Develop and document Basel compliant methodologies, keeping recent regulatory capital rules and business developments