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Market Risk Projects & Regulatory - Associate

Frankfurt, Germany, Germany

Risk Management
Market Risk Capital Vice President

Frankfurt, Germany, Germany

Risk Management
Government Relations EMEA - Executive Director

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MARKET RISK PROJECTS & REGULATORY - ASSOCIATE

Frankfurt, Germany, Germany

Apply Now 1 item added

ID: 3263191

--------------------------------------------------------------------------------


JOB DESCRIPTION

EMPLOYMENT TYPE

Full Time

JOB LEVEL

Professional

POSTED DATE

Dec 11, 2024

--------------------------------------------------------------------------------

Market Risk Projects & Regulatory - Associate

Frankfurt

3263191

 

Morgan Stanley is seeking an Associate to support the Market Risk Department
(MRD) team in Frankfurt meeting its projects and regulatory deliverables.

The successful candidate will join the global MRD Governance and Controls team
and will work on several change and cross-asset regulatory initiatives with a
focus on regulatory compliance and governance covering EMEA.

 

About 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.

 

As a market leader, the talent and passion of our people is critical to our
success. Together, we share a common set of values rooted in integrity,
excellence, and strong team ethic. We can provide a superior foundation for
building a professional career – a place for people to learn, to achieve and
grow. A philosophy that balances personal lifestyles, perspectives and needs is
an important part of our culture.

 

What will you be doing?

 * Daily monitoring of capital measures such as VaR, stressed VaR and IRC as
   well as monthly / weekly SBM measures.
 * Contribution to the Risk Identification process and regular reviews of
   portfolio limit utilisation (VaR, group level limits, Banking Book exposures,
   Climate Risk).
 * Coordination of the monthly Market Risk committees (minutes, material
   preparation) as well as risk material production for other risk committees
   (governance, model, stress-testing).
 * Involvement in strategic market risk workstream such as FRTB, EBA
   Benchmarking, EBA Stress Testing.
 * Ensure ongoing regulatory compliance including participation in regulatory
   self-assessments, review of new requirements, and preparation of disclosures
   and submissions (e.g. Benchmarking, ICAAP and Pillar 3)
 * Contributions to the implementation and maintenance of the market risk
   framework (including policies and procedures, Operational Risk, Tools &
   Model), ensuring alignment with industry best practices, regulatory standards
   and firm objectives.

What we’re looking for:

 * Bachelor degree or equivalent, in a quantitative subject, mathematics or
   statistics
 * 3 - 5 years market risk experience and understanding of key market risk
   concepts, processes and models (e.g. traded products, VaR, stress testing,
   risk/limit management)
 * Good knowledge of the regulatory environment around market risk capital
   modelling in Europe (e.g. CRR, EGIM, BCBS 239, FRTB)
 * Fluency in English and German is required
 * Programming Skills (e.g. SQL, Python) advantageous 

Skills that will help you in the role:

 * Strong analytical and problem-solving skills
 * Confidence to take ideas forward and to challenge others, where appropriate,
   with experience in management by influence, facilitating and gaining
   consensus
 * Ability to work independently in a self-directed way in a collaborative,
   team-oriented environment.
 * Ability to effectively communicate with a wide range of stakeholders and
   deliver clear risk presentations to senior management.
 * Strong organizational skills with an interest in working in a fast-paced
   environment, often balancing multiple high priority deliverables.

Where will you be working?

The role will reside within Firm Risk Management's Market Risk Department. The
Market Risk Management Division (MRD) is responsible for the independent
identification, analysis, reporting and escalation of all market risk exposures
arising from EMEA business activities, acting independently of business
management and providing an effective challenge process.

 

Flexible work statement:

Interested in flexible working opportunities? Morgan Stanley empowers employees
to have greater freedom of choice through flexible working arrangements. Speak
to our recruitment team to find out more.

 

Internal Applicants:

Internal mobility can be a way to grow your career and realize your professional
potential. Typically, you must be in your position for at least 18 months and
performing satisfactorily before applying for another job at the Firm. Internal
applicants can find out more regarding career navigation, mobility guidelines
and policy on our employee portal by clicking here. 

Equal opportunities statement:

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


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JOB INSIGHTS

Based on previously hired candidates


POPULAR SKILLS OF PREVIOUS HIRES

 * Economics
 * Finance
 * Bloomberg Terminal
 * Financial Modeling
 * Financial Analysis


JOB TITLES OF PREVIOUS HIRES

Analyst

Senior Analyst

Senior Risk Analyst

Risk Analyst

Senior Risk Manager


PREVIOUS HIRES ALSO WORKED AT

Goldman Sachs

The Boston Consulting Group

Prime Capital AG

Polen Capital

Hoffmann La Roche


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