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Market Risk Data Governance Team Lead

AT Morgan Stanley
Morgan Stanley

Market Risk Data Governance Team Lead

Budapest, Hungary

Market Risk Data Governance Team Lead

The cornerstone of Morgan Stanley's risk management philosophy is the execution of risk-adjusted returns through prudent risk-taking that protects Morgan Stanley's capital base and franchise. Risk Management protects the firm from exposure to losses resulting from defaults by our lending and trading counterparties. The Risk Management Division is responsible for the independent identification, analysis, reporting and escalation of all market, credit and operational risk exposures arising from the Firm's business activities, acting independently of business management and providing an effective challenge process.

We offer:
-A competitive salary and eligibility for annual bonus
-Flexible working arrangements (core hours and opportunity to work from home)

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-The ability to grow and shape your own career
-Continued professional development based on your career interests
-Inclusive and welcoming environment

You will:
-Lead in defining and converting the Market Risk Department's global strategy into data standards, architecture, processes and requirements
-Managing a team of 5 Market Risk Data Governance Specialists
-Work with other departments to provide market risk related requirements for policies, procedures and tooling
-Deliver high quality management information to support senior stakeholders across the Firm in discussions and in the decision-making process for data related projects
-Drive data-related projects in a variety of key programs across the Firm (e.g., Risk Data Catalog, Risk Data Aggregation, Data Lineage, FRTB, BCBS 239, etc.) to develop strategic solutions
-Support risk representation and data strategy efforts globally
-Interface and manage relationships with internal stakeholders within the wider Risk Management division and the Front Office

You ideally have:
-At least 2-3 years of experience in managing a multi-cultural team
-Ability to set, organize and manage the book of work of the team
-Ability to work independently
-Proficient in written and verbal communication (in English)
-Experience in a financial or a data related role
-Desire to learn about and understand financial markets, risk management concepts and models, financial products
-Attention to detail and prioritization skills will be key in balancing daily deadlines with timely implementation of strategic projects
-Ability to build good working relationships across a number of different areas and regions
-Basic familiarity with handling and analyzing large datasets is favorable on at least one platform such as Excel, MatLab, R, Python, VBA or SQL BPDBA

Team Profile:
The Market Risk Data Governance team is part of the Market Risk Department (a risk stripe within the Risk Management division), leads the effort in setting market risk data standards and in data governance by partnering with several stakeholders. The team is the prime point of contact to identify and escalate thematic strategic data issues and projects to senior Firm management while ensuring compliance with global regulations.

About us: Morgan Stanley provides a superior foundation for building a professional career - a place for people to learn, achieve and grow. You will be exposed to a truly international and multi-cultural environment that appreciates and respects individuality. Our state-of-the-art offices in the City Centre have been designed to maximise collaboration.
There are various employee offers such as discount theatre tickets, dry cleaning service and many more.

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 maximise 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.

Build a career with impact. Visit morganstanley.hu or LinkedIn for more information.

Client-provided location(s): Budapest, Hungary
Job ID: Morgan-549781378041
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • Fitness Subsidies
    • On-Site Gym
    • Pet Insurance
    • Mental Health Benefits
    • FSA
    • Virtual Fitness Classes
    • HSA
  • Parental Benefits

    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
    • Return-to-Work Program
    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Adoption Leave
  • Work Flexibility

    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Company Outings
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Leave of Absence
    • Volunteer Time Off
    • Personal/Sick Days
  • Financial and Retirement

    • 401(K) With Company Matching
    • Stock Purchase Program
    • Performance Bonus
    • Relocation Assistance
    • Financial Counseling
  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Access to Online Courses
    • Lunch and Learns
    • Work Visa Sponsorship
    • Leadership Training Program
    • Associate or Rotational Training Program
    • Internship Program
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Employee Resource Groups (ERG)