Credit Middle Office – Associate recruitment

Position Category: Risk Management

Position Title: Credit Middle Office - Associate

Job Level: Associate

Location: USA - NY - New York

Education Required: Bachelors Degree

Position Description:
The Credit Middle Office team plays a pivotal role in supporting Morgan Stanley's Credit Department in credit risk analysis and limits monitoring. The team is also responsible for credit data management, credit policy/procedure implementation, portfolio and single name monitoring (credit limits monitoring/reporting/escalation), and process change management.

The Credit Middle Office team is currently seeking an Associate level candidate to join the team based in New York. The candidate must have strong business knowledge, strong technical skills, strong process management skills, and must be able to develop strong working relationship as he/she will work closely with several other areas (such as IT and Business Unit).

The ideal candidate will be someone that is persistent in pursuing process enhancements and process efficiencies.

Job Responsibilities
The successful candidate will be responsible for:
1) Supporting credit professionals in the monitoring of Morgan Stanley's credit exposure against the Firm's pre-defined policy limits
2) Enhancing and implementing data quality control processes
3) Monitoring credit data quality on a daily basis
4) Identifying credit data quality issues
5) Maintaining an active dialogue and acting as a liaison between Credit Department, IT and Business Units in resolving identified data quality issues
6) Assisting the team in its day to day Run The Bank task
7) Representing the team in projects that require Credit Middle Office participation

Skills Required:
1) 3-5 years of experience in risk management or operations involving data analysis and process management with good knowledge of Credit products.
2) Familiarity with fixed income, equity, and other traded securities
3) Self motivator and team player with strong interpersonal skills
4) Superior written and verbal communication skills
5) Undergraduate degree in Finance, Computer Science, or Engineering related areas
6) Ability to manage dynamic priorities with attention to details
7) Ability to meet deadlines and deliver quality work in a fast-paced environment
8) Strong proficiency with Microsoft Office, including Excel, PowerPoint, and Outlook

Skills Desired:
1) Experience in credit risk management and/or credit middle office
2) Experience in system development and project management
3) Strong proficiency with Excel and VBA is desired as is a good working knowledge of databases and SQL