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VP, Capital & Data Risk (Risk Management)

AT Morgan Stanley
Morgan Stanley

VP, Capital & Data Risk (Risk Management)

New York, NY

Department Profile
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 losses resulting from defaults by our lending and trading counterparties.

Position Summary
Morgan Stanley is seeking an Associate or Vice President for the Risk Capital group, based in New York. Risk Capital, which is part of the Risk Management Department, is responsible for the risk-based assessments required for regulatory capital calculations. This 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 initiates 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.

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Responsibilities
> Identify and perform analysis of counterparty credit risk for derivatives, cleared transactions, repurchase agreements, securities lending agreements, margin loans and other loans

> Deliver insightful analysis and management information to support review and assurance of the counterparty credit risk regulatory capital position and provide clear, concise and precise responses to information requests from senior management and regulatory authorities

> Contribute to efficiencies and other enhancements of best-in-class processes to support daily, weekly, monthly and quarterly reporting while maintaining robust process and control. This would include design, development and implementation of tactical tools and strategic system changes

> Foster productive relationships with stakeholders in the Business Units, Treasury, Finance, Risk Analytics and Credit

> 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 Basel compliant methodologies, keeping abreast of recent regulatory capital rules and business developments

Skills required
> Understanding of Credit Risk fundamentals including traded products, contractual agreements, collateral management, risk data and metrics, risk and capital models/methodologies, and risk systems
> Quantitative/analytical background (e.g. finance, accounting, mathematics, STEM, law, economics, etc.)
> Experience with the current and evolving Basel Counterparty Credit Risk capital calculations, process and governance expectations
> Capability, experience and comfort in reviewing and assessing the implications of complex new regulations
> Excellent organizational skills to meet challenging objectives and manage competing priorities
> Strong written and verbal communications and mastery of relevant software
> Three years of experience in related roles in a similarly complex institution

Skills Desired
> Familiarity with current and evolving US Broker Dealer, Swap Dealer and Securities-Based Swap Dealer regulations
> Databases and programming experience including SQL and/or Python

Expected base pay rates for the role will be between $120,000 and $200,000 year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).

Client-provided location(s): New York, NY, USA
Job ID: Morgan-549781569453
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)