Central Functions (Risk Management) Job Level Analyst

Division: Risk Management
Role: EMEA Risk Governance
Level: Analyst
Location: Budapest
Recruiting Contact Name: Szilvia Kulcsar
Recruiting Contact Email:


Firm Risk Management
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.

Background on the Position
The role will reside within the EMEA Firm Risk Managements Risk Governance team. The role is responsible for supporting the Risk Divisions engagement with the UK and European regulators. This includes providing independent review and challenge of all regulatory submissions and providing advice and support to large-scale regulatory remediation projects with respect to regulatory expectations. The role is responsible for regulatory engagement on a wide range of topics including credit and market risk and will collaborate with teams across regions.

Primary Responsibilities
>Support Firm Risk Managements engagement with the PRA and the ECB including but not limited to preparation of on-site visits / workshops and information requests; compiling reviewing & challenging submission materials
>Assist with regulatory self-assessments which are either required for regulatory model applications assessment against new regulations or which support the Risk Division in ensuring ongoing regulatory compliance
>Support large-scale regulatory remediation projects providing advice on regulatory expectations and reviewing and challenging documentation supporting the closure of project milestones / regulatory findings
>Assist in reviewing Risk policies and procedures to ensure regulatory requirements are appropriately reflected
>Assist in monitoring the EMEA Risk related regulatory landscape to identify and socialise relevant regulatory publications and to ensure appropriate next steps are taken

FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views. Experience
>Bachelors degree or equivalent
>Experience in Risk Management at leading financial institutions (preferred)
>Experience in working on regulatory issues or regulatory implementation projects (e.g. regulatory applications for internal model applications)
>Knowledge of risk related elements of the PRA and/or ECB regulatory rulebooks (preferred)
>The ability to effectively communicate with a wide range of stakeholders both written and verbally
>Confidence to take ideas forward and to challenge others where appropriate with experience in management by influence facilitating and gaining consensus
>An interest in working in a fast-paced environment often balancing multiple high priority deliverables
>The ability to work independently in a self-directed way in a collaborative team-oriented environment
>Strong attention to detail and ability to distil technical information to produce concise and effective presentations (proficiency in Microsoft office including Excel PowerPoint and Word

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 opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion where individuals are hired developed and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate bringing a variety of backgrounds talents perspectives and experiences.

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