Credit Risk Analyst
The Credit Risk Team in Budapest, comprised of more than 100 professionals, is one of the key lines of defence for Morgan Stanley's balance sheet. The team ensures that credit ratings, limits, and other attributes are accurate and up to date for Morgan Stanley's corporate lending and derivatives trading business lines, while also participating in the preparation of proposals for the extension of credit.
Morgan Stanley Budapest is an integral part of the Firm's global critical business functions including Technology, Finance, Risk, Institutional Securities and Wealth Management. Morgan Stanley has been rooted in the Budapest community since 2006 and is considered a leading employer among the area's highly skilled talent. Our innovative team delivers deep technical and mathematical expertise to support the Firm's capabilities in quantitative analysis, data analysis, and risk management. We are relentless collaborators and creative thinkers, fueled by our diverse backgrounds and experiences. We believe in empowering individuals to advance their careers through exposure to innovation, hands-on collaboration and enriching learning and development opportunities.
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We offer:
-The chance to work in the Risk department of one of the world's top tier Financial Institutions and gain first-hand insight into our business
-A competitive compensation and benefit package
-Flexible working arrangements: core hours and opportunity to work from home
-Professional development opportunities including access to Morgan Stanley's world-class internal trainings, financial and study-leave support for selected professional qualifications
-Support in your career development by providing mentoring opportunities
-A supportive, vibrant, and open-minded multinational environment, where your ideas are taken seriously. We accept individual differences and believe in teamwork
You will:
- Understand the business, analyze the financial statements, investor presentations, and assess the credit risk profile of Morgan Stanley's counterparties to serve as the basis for informed risk management decisions
- Conduct counterparty / borrower specific and industry level research to identify key factors impacting client performance
- Take part in the lending and/or trading activities of Morgan Stanley preparing proposals serving as the basis for credit decisions
- Write credit reviews to present your analysis and explain the conclusions formulated on its basis, which are presented for discussion with both colleagues and senior management
- Participate in projects touching on multiple aspects of risk management with a focus on credit
- Obtain and apply specialized industry knowledge working in:
- Either the Investment Management (Regulated and Non-Regulated Funds)
- Financial Institutions (Banks and Insurance Companies) teams or
- One of 10 Corporate teams dedicated to diverse segments of business from Automotive, through Healthcare, Media & Telecommunications to Industrials
You have:
- Bachelor's or higher degree in Finance, Economics, Business, Public Policy, or similar fields
- General Knowledge of financial and accounting concepts
- Relevant work experience in external audit/ controlling/ credit risk management
- Strong analytical, problem solving and organizational skills with high attention to detail
- Good interpersonal and communication skills and an attitude to formulate and express opinions with clarity
- Collaborative / Team player mindset • ability to prioritize and work effectively with colleagues to meet a common goal
#LI-JL1#BPDBA #LI-hybrid
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.
We're committed to bringing passion and customer focus to the business.
Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.
Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.