Credit Risk Capital and Reporting – Vice President recruitment

Morgan Stanley seeks a candidate for a role in the Credit Risk Department located in London. The department is responsible for evaluating and monitoring the counterparty risk of the EMEA client base as well as the exposure on the UK regulated entities.
This opportunity exists to join the Credit Capital Reporting team and be responsible for the risk reporting and Basel II/III requirements of the Credit Department.

Primary Responsibilities:
• Production of daily/monthly Basel II credit risk capital adequacy calculations
• Capital impact analysis
• Internal Model Methodology (IMM) waiver compliance application
• Internal Capital Adequacy Process (ICAAP)/EU Economic Capital processes
• Understanding of data/methodology issues
• Regulatory data requests
• Participation in implementation of new regulatory rules for FSA regulated entities
• Ad hoc project work analysis

Skills Required:
• Bachelors degree or equivalent in a Finance related subject
• Prior experience of Regulatory Capital is required for this role
• Strong analytical and problem solving skills
• VBA and strong Excel skills required
• Knowledge on databases – SQL, Access etc advantageous
• Enthusiastic, flexible and able to use own initiative
• Work well as a team member with proven leadership ability
• Excellent written and verbal communication skills
• MS Office familiarity required
• Understanding of credit risk required
• Understanding of OTC exposure calculation required

The successful candidate is expected to have extensive relevant work experience in the Capital / Credit Risk field and is expected to demonstrate a solid understanding of Basel II, BIPRU, credit risk models, processes, internal policies and data. This role does not, however, require advanced credit modeling skills. This position requires daily communications with credit professionals, controllers, and other functions within the firm. The ideal candidate should have several years experience in a relevant field.

Morgan Stanley is an equal opportunities employer and is committed to fair treatment, regardless of background (including criminal record).