Risk Analytics, Vice President

Risk Analytics Vice President
London
JR025499

The role will reside within Firm Risk Managements Risk Analytics Department specifically the Credit Exposure Methodology Group (CEMG). The CEMG is responsible for the development of the Internal Model Method (IMM) used for counterparty exposure and credit capital calculations. This role will be within the EMEA CEMG team based in London reporting to the EMEA Head of CEMG and working closely with the Global CEMG function in the US Budapest and Mumbai. The EMEA CEMG focuses on ensuring that regional / legal entity requirements standards and practices are met across all Counterparty Credit risk activities for which CEMG is responsible.

Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit market liquidity operational model and other risks.

About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking securities investment management and wealth management services.

As a market leader the talent and passion of our people is critical to our success. Together we share a common set of values rooted in integrity excellence and strong team ethic. We can provide a superior foundation for building a professional career a place for people to learn to achieve and grow. A philosophy that balances personal lifestyles perspectives and needs is an important part of our culture.

What will you be doing
Develop enhance and maintain Counterparty Credit Risk (CCR) methodology across asset classes.
Work closely with EMEA Head of CEMG to manage and/or lead internal and regulatory initiatives in EMEA
Collaborate with other regional teams of CEMG and other teams within FRM to provide regular ongoing model performance assessments and counterparty exposure analysis. Review analysis results with senior management and provide recommendations
Work in an advisory capacity with local/global risk managers and Front Office stakeholders to ensure risk is appropriately captured
Develop analytical tools to support other teams within Firm Risk Management > Write high-quality model documentation that satisfies the firms internal model approval functions audit requirements and the Firms regulators (e.g. PRA JST FRB OCC SEC etc.)
Manage guide and train more junior members of the team

What were looking for:
MSc/PhD or equivalent in a quantitative subject (such as quantitative finance statistics/mathematics sciences or engineering)
At least 5 years work experience in a quantitative research group at a commercial bank investment bank or consulting firm
Deep understanding of quantitative risk including good knowledge of financial products and their risk representation
Quantitative skills especially in the areas of Monte Carlo simulation and derivatives pricing > Handling large datasets using database and query tools. Programming skills in Python (preferred)

Skills that will help you in the role:
The ability to effectively communicate with a wide range of stakeholders both written and verbally
Strong organizational skills with an interest in working in a fast-paced environment often balancing multiple high priority deliverables
Strong attention to detail and ability to provide information in usable formats

Where will you be working
This role is based in 20 Bank Street London.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley we raise manage and allocate capital for our clients helping them reach their goals. We do it in a way thats differentiated and weve done that for 90 years. Our values - putting clients first doing the right thing leading with exceptional ideas committing to diversity and inclusion and giving back - arent just beliefs they guide the decisions we make every day to do whats best for our clients communities and more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll find an opportunity to work alongside the best and the brightest in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers fueled by their diverse backgrounds and experiences. 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. Theres also ample opportunity to move about the business for those who show passion and grit in their work.

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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.