Report Developer - Credit Middle Office

  • Competitive
  • Budapest, Budapest fovaros, Hungary Budapest Budapest fovaros HU
  • Permanent, Full time
  • Morgan Stanley
  • 22 Jun 18 2018-06-22

See job description for details


Risk Management



The cornerstone of Morgan Stanley’s risk management philosophy is the execution of risk-adjusted returns through prudent risk-taking that protects Morgan Stanley’s capital base and franchise. Risk Management protects the firm from exposure to losses resulting from defaults by our lending and trading counterparties.

Department Profile:

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.



Credit Middle Office:



Credit Middle Office, along with Reporting and Regulatory Capital teams, is one of the key technical teams of Risk Management Group in Budapest. These three groups work closely together, so a good understanding about the function of the technical part of Risk Management is crucial. Credit Middle Office 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.

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

Job Responsibilities:


  • Write and maintain SQL queries, for monitoring credit exposure, for Morgan Stanley’s diverse portfolio of financial products
  • Develop and support automated solutions:

-for monitoring of Morgan Stanley’s credit exposure against the Firm’s pre-defined policy limits

-for identifying potential credit data quality issues / outliers in a vast set of data

-and for supporting regulatory requirements



Qualifications:


Skills Required:


  • Working knowledge of SQL
  • Skill with VBA or Qlikview or at least one other programming language
  • Knowledge of / interest in financial products and risk management is an advantage
  • Experience with developing sites in SharePoint, Jira or another collaboration tool is a plus
  • Ability to manage dynamic priorities with attention to details
  • Ability to meet tight deadlines and deliver high-quality work in a fast-paced environment
  • Bachelor’s degree or equivalent


For more information and to apply, please visit our website and upload your English CV https://ms.taleo.net/careersection/2/jobdetail.ftl?job=3080165 here .

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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.