Associate - Credit Risk Portfolio Analysis Associate - Credit Risk Portfolio Analysis …

Morgan Stanley
in New York, NY
Permanent, Full time
Be the first to apply
Competitive
Morgan Stanley
in New York, NY
Permanent, Full time
Be the first to apply
Competitive
Associate - Credit Risk Portfolio Analysis
Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.

The talent and passion of our people is critical to our continued success as a firm. Together, we share five core values rooted in integrity, excellence and strong team ethic:
1. Putting Clients First
2. Doing the Right Thing
3. Leading with Exceptional Ideas
4. Giving Back
5. Committing to Diversity and Inclusion

Morgan Stanley is committed to helping its employees build meaningful careers and we strive to be a place for people to learn, achieve and grow.

Firm Risk Management
Firm Risk Management (FRM) enables 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.

Our mission is to serve as the follow roles:
• Independent agent to set consistent principles and disciplines for risk management
• Strategic advisor to Firm management for setting risk appetite and allocating capital
• Industry leader to influence and meet regulatory standards

You will collaborate with colleagues across FRM and the Firm to protect the Firm's capital base and franchise, advise businesses and clients on risk mitigating strategies, develop tools and methodologies to analyze and monitor risk, contribute to key regulatory initiatives and report on risk exposures and metrics to enable informed and strategic decision-making. Through thoughtful analysis and clear communication we are best able to bring our ideas to the table and improve the Firm.

Firm Risk Management values diversity and is committed to providing a supportive and inclusive workplace for all employees.

Firm Risk Management's unique franchise promotes:
• Flat, flexible and integrated global organization
• Collaboration and teamwork
• Credible, independent decision-making
• Organizational influence
• Creative and practical solutions
• Meritocratic and diverse culture

Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.

The talent and passion of our people is critical to our continued success as a firm. Together, we share four core values rooted in integrity, excellence and strong team ethic:
1. Putting Clients First
2. Doing the Right Thing
3. Leading with Exceptional Ideas
4. Giving Back
5. Committing to Diversity and Inclusion

Morgan Stanley is committed to helping its employees build meaningful careers and we strive to be a place for people to learn, achieve and grow.

Firm Risk Management
Firm Risk Management (FRM) enables 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.

Our mission is to serve as the follow roles:
- Independent agent to set consistent principles and disciplines for risk management
- Strategic advisor to Firm management for setting risk appetite and allocating capital
- Industry leader to influence and meet regulatory standards

You will collaborate with colleagues across FRM and the Firm to protect the Firm's capital base and franchise, advise businesses and clients on risk mitigating strategies, develop tools and methodologies to analyze and monitor risk, contribute to key regulatory initiatives and report on risk exposures and metrics to enable informed and strategic decision-making. Through thoughtful analysis and clear communication we are best able to bring our ideas to the table and improve the Firm.

Firm Risk Management values diversity and is committed to providing a supportive and inclusive workplace for all employees.

Firm Risk Management's unique franchise promotes:
- Flat, flexible and integrated global organization
- Collaboration and teamwork
- Credible, independent decision-making
- Organizational influence
- Creative and practical solutions
- Meritocratic and diverse culture

Credit Risk Management (CRM)
Credit Risk Management (CRM) evaluates credit risk transactions and approves, rejects or modifies them considering the availability and appropriateness of arrangements for reducing risk or risk mitigation. The department also assigns Internal Credit Ratings; establishes and manages credit risk limits in accordance with the risk tolerance established by the Board; monitors and reports on credit risk exposures on a regular basis to the Chief Risk Officer, Chief Credit Officer and senior management. CRM also interacts with the business unit to ensure that credit risk assessments are factored into business decisions.

Background on the Position
CRM seeks a Vice President to lead a newly established Portfolio Analysis team responsible for providing Credit Risk Product Heads, the Chief Credit Officer, and Chief Risk Officer with analysis and information to support timely and accurate decision making related to the Firm's credit portfolio. The team will provide in-depth exposure analyses and risk insights for the global credit portfolio, consisting of all products which expose Morgan Stanley to credit risk. The Portfolio Analysis team will primarily be responsible for the design, development, and production of recurring management reporting providing value additive analysis of Morgan Stanley's credit risk profile and assessment of emerging risk issues. The team will also assist regional and product portfolio managers with ad-hoc analysis as requested by product leads or senior management. The analyses will support senior management's understanding of current risk drivers, portfolio concentrations and correlations as well as potential tail risks. The team will work closely with Credit Coverage officers, Business Units as well as other Risk functions.

Primary Responsibilities
• Analyze daily, weekly, monthly, and quarterly changes in credit portfolio and summarize findings in oral, written, and PowerPoint format

• Prepare weekly, monthly, and quarterly portfolio review materials; review and defend analysis with senior portfolio manager

• Assist with ad-hoc requests for new point-in-time and trend analysis of the credit portfolio, including capture and aggregation of data not already in credit, risk, or firm systems

• Participate in end-to-end report development lifecycle: ideation, data collection and aggregation, prototyping, report production, and automation

• Escalate data issues to the Data Control team and Credit Risk Agile IT squads and assist with the remediation of data problems

• Collaborate with Data Control, Credit Risk Agile IT squads, Credit Coverage and Business Unit representatives, to ensure new and emerging data required for portfolio analysis is on-boarded into credit risk systems

Qualifications:

Skills/Experience Required:
• 4+ years of experience in business and/or data analysis role at Financial Services or Big 4 Consulting Firms

• Proficient in Excel, PowerPoint, SQL, and VBA

• Sufficient knowledge of programming languages such as Python or R

• Strong verbal and written communication skills, including delivering effective presentations to senior management

• Well organized and able to work in a fast paced environment with strong attention to detail

• Ability to meet deadlines while managing multiple deliverables

• Ability to collaborate with colleagues in other geographic locations

• Bachelor's degree in Finance, Computer Science, or Engineering related areas

Additional:
• Understanding of credit bearing wholesale lending and traded products

• Sufficient knowledge of business intelligence software (Tableau, Qlikview, MS Power BI, etc.)

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