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Climate Risk Central Team – Associate

Frankfurt, Germany, Germany

Risk Management
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CLIMATE RISK CENTRAL TEAM – ASSOCIATE

Frankfurt, Germany, Germany

Apply Now

ID: 3256570

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


JOB DESCRIPTION

EMPLOYMENT TYPE

Full Time

JOB LEVEL

Non-Officer

POSTED DATE

Aug 05, 2024

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

Climate Risk Central Team – Associate
Frankfurt

3256570

 

Firm Risk Management (FRM) supports 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.

The role will reside within the EMEA Climate Risk Central (CRC). The CRC team
identifies, monitors and manages Climate Risk of the EMEA portfolio based on the
established Climate Risk Management framework. The team is responsible for
monitoring regulatory requirements from the European Central Bank and the Bank
of England, as well as ensuring the timely implementation of new regulations.
The CRC team coordinates the implementation of the Climate Risk frameworks
across Risk Management teams providing expertise on Climate and Environmental
Risks. The CRC team also coordinates climate stress testing including internal
and regulatory scenarios.



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?

 * ·         Contribute to organize the cross divisional response to EMEA
   regulatory requirements around managing the financial risks from Climate
   Change, including the maintenance of and updates to action plans and
   assessments of new regulations
 * ·         Draft and develop governance materials and risk framework
   documentation
 * ·         Apply understanding of the impact of climate risk on economies and
   corporations to risk management via contributing to the enhancement of rating
   methodologies and portfolio and sector risk management (including limit
   reporting)
 * ·         Liaise with stakeholders across risk disciplines to support the
   implementation of Climate and Environmental Risk frameworks
 * ·         Contribute to the enhancement of climate-focused physical and
   transition scenarios for stress testing
 * ·         Contribute to maintain and incorporate new regulatory requirements
   to the EMEA financial statements disclosures
 * ·         Develop expertise in the following areas: the drivers of Climate
   Change including how it affects economies and corporations, governmental and
   regulatory responses to Climate and Environmental risks emerging thought over
   how to measure and manage Climate Risk from a financial loss perspective

What we’re looking for:

 * ·         Bachelor's degree or equivalent
 * ·         Profound interest in developing fundamental understanding of
   Climate and Environmental Risks and its implications for risk management
 * ·         Experience in risk management
 * ·         Experience in development of governance materials

 

Skills that will help you in the role:

 * ·         Experience with technical models / rating models / stress testing
 * ·         The ability to effectively communicate with a wide range of
   stakeholders, both written and verbally
 * ·         An interest in working in a fast-paced environment, often balancing
   multiple high priority deliverables
 * ·         Confidence to propose new approaches and take ideas forward

 

Where will you be working?

Established in 1987, Morgan Stanley Frankfurt offers a comprehensive range of
services including Mergers & Acquisitions, Corporate Finance, Equity and Debt
Capital Markets, Sales and Trading, Real Estate Investing and Investment
Management. Our expertise in global capital markets, combined with our
unwavering focus on the needs of our clients, allows us to offer global
opportunities and solutions to the most complex problems. We are collaborators
and creative thinkers, fueled by our diverse backgrounds and experiences. We
believe in empowering individuals to advance their careers through exposure to
innovation, hands-on collaboration and enriching learning and development
opportunities.

 

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

Accounting
Risk Management
Vendor Management


JOB TITLES OF PREVIOUS HIRES

Executive Director

Managing Director

Senior Vice President

Chief Operating Officer

First Vice President


PREVIOUS HIRES ALSO WORKED AT

OTHER

UBS Investment Bank

Deloitte

The World Bank

Wells Fargo


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