Scenario Analytics Quantitative Analyst in Risk Department

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.

We offer:
-Flexible working arrangements (core hours and opportunity to work from home)
-The ability to grow and shape your own career
-Continued professional development based on your career interests
-Inclusive and welcoming environment

You will:
-Create a new scenario design capability leveraging existing models & data to translate emerging climate risk to economic scenarios
-Develop and drive to completion, a global climate risk scenario approach / framework that reflects relevant industry best practices, regulatory developments, and academic insights
-Have a strong understanding of global trends pertaining to regulation and standard setting related to climate risk
-Participate in scenario design process of regulatory and internal stress testing frameworks
-Participate in research, development and implementation of macreconomic prediction methodologies and models
-Perform econometric analyses to support methodology development
-Perform backtests, stress tests, analyses and sensitivity studies
-Collaborate with several global teams
-Develop and support production infrastructure and codes within Agile framework
-Contribute towards documentation of models and their results.
-Participation in preparing regular and ad-hoc deliverables to the regulators and senior management
-Supporting the team in ad hoc initiatives involving, research or tool development as may be required for enhancements to business performance

You have:
-A degree in a quantitative field such as Finance, Economics, Mathematics, Mathematical Finance, Physics or Engineering
-Reliable, precise and detail-oriented working attitude
-Clear thinking, good business sense and judgment
-Genuine and broad interest in financial markets and derivatives
-Strong interpersonal and communication skills
-Excellent command of English both written and verbal
-Strong quantitative and analytical skills and ability to work with diverse cultures in a global team.
-Solid development experience in Python and MS office.
-Experience of scenario analysis / stress testing within risk management frameworks
-Understanding of the climate financial risk management domain, along with a wider knowledge about global climate risk policies and prevalent industry trends
-Self-motivated team player who brings a "can-do" approach
-Ability to work well under pressure in a fast-paced team-oriented environment
-Good interpretations skills to convey complex quantitative methodology in simple term

#LI-RK1 # BPMM

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.