Analyst
Position Description
Morgan Stanley is a global financial services firm and a market leader in investment banking, securities, investment management and wealth management services. With more than 1,200 offices in 36 countries, the people of Morgan Stanley are dedicated to providing our clients the finest thinking, products and services to help them achieve even the most challenging goals.
Due to an expansion of our business, our Budapest office location is growing, creating exciting new opportunities within our Credit Risk Department.
The Credit Risk Department is an independent risk oversight function. It is charged with managing and overseeing the counterparty credit risk profile of the Institutional Securities Business. The Credit Risk Department's specific responsibilities include evaluating and rating the credit risk of counterparties, establishing and managing counterparty credit risk limits, evaluating credit risk transactions and approving, rejecting or modifying them as appropriate.
We are currently looking for a
Analyst - Credit Capital and Rating Analytics Group
For 6 months
Position Summary:
The holder of this position will work closely with the London Credit Capital team, and will be responsible for maintaining/developing capital reports as well as performing a variety of capital analyses. This position requires a solid understanding of computer programming and databases.
Credit Capital and Rating Analytics Group:
This group, which is part of the Risk Management Department, is responsible for calculating credit risk capital and building credit rating models. The credit capital function is responsible for the calculation and analysis of regulatory credit capital and for providing reports to the Credit Risk Department as well as other departments in the firm.
Job Description:
• Production of daily/monthly Basel II credit risk capital adequacy calculations
• Preparation for Basel III
• Capital impact analysis
• Understanding of data/methodology issues
• Implementation of Proof and Control
• Regulatory data requests
• Participation in implementation of new regulatory rules for US regulated entities
• Ad hoc project work analysis (e.g. ICAAP, IMM)
• Participation in Quantitative Impact Studies
• Liaising with other groups on capital related projects (e.g. Finance, Operations, IT, Legal, etc.)
Skills Required
Skills Required/Preferred:
• Bachelors degree or equivalent in a Finance/Mathematics related subject required
• Strong analytical and problem solving skills required
• VBA and strong Excel skills required
• Knowledge on databases - SQL, Access etc preferred
• Strong organizational skills and close attention to the details
• Excellent written and verbal communication skills required
• Understanding of credit risk preferred
• Understanding of OTC exposure calculation preferred
• Familiarity with Basel capital rules preferred
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