Market Risk Data Issue Management – Business Analyst

at  Morgan Stanley

Market Risk Data Issue Management – Business Analyst
Job Number:

3252212
POSTING DATE: May 10, 2024
PRIMARY LOCATION: Americas-United States of America-New York-New York
EDUCATION LEVEL: Bachelor’s Degree
JOB: Market Risk
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Analyst

DESCRIPTION

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.
Background on the Position
The role will reside within the Firm Risk Management’s Market Risk Department (MRD) which is a team dedicated to providing governance and oversight of all market risk arising from the Firm’s business activities. The successful candidate will join the Data Strategy team that focuses on the MRD data management framework and standards and ensures MRD compliance with data components of regulatory initiatives.

Primary Responsibilities

• Identify and log the vulnerabilities in the market risk data infrastructure by investigating and analyzing data quality issues and data deficiencies
• Monitor and report Market Risk related data issues and challenges (e.g.: Stress Testing, CCAR, ECB exercise, etc.)
• Coordinate data quality and data availability related work with multiple partners across different regions (London, Budapest, Frankfurt, and Mumbai)
• Participate in innovative projects related to data analysis, visualization, and process automation
• Collaborate with stakeholders and partners distributed in different regions and teams
• Balance between regular and development / ad-hoc related tasks

QUALIFICATIONS

Experience

• Candidate must have a bachelor’s degree at a minimum
• Basic understanding of financial products is required, including familiarity with risk management concepts such as risk measures, option Greeks, etc. An entrepreneurial mindset and the motivation to develop risk processes and frameworks from scratch
• Preferred strong proficiency with a variety of technology tools, including analyzing large data sets using tools such as Excel or SQL
• Curious, willing to dig deeper into data and explore linkages (able to draw insights from finance and non-finance data)
• Attention to detail, project management and prioritization skills will also be key in balancing daily deadlines with timely implementation of strategic projects
• Excellent communication and interpersonal skills (incl. senior stakeholders)

Expected base pay rates for the role will be between $68,000 and $90,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
Morgan Stanley’s goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
This role is hybrid and currently requires in office attendance 3 days/week. The in office requirement is subject to change at any time

• Identify and log the vulnerabilities in the market risk data infrastructure by investigating and analyzing data quality issues and data deficiencies
• Monitor and report Market Risk related data issues and challenges (e.g.: Stress Testing, CCAR, ECB exercise, etc.)
• Coordinate data quality and data availability related work with multiple partners across different regions (London, Budapest, Frankfurt, and Mumbai)
• Participate in innovative projects related to data analysis, visualization, and process automation
• Collaborate with stakeholders and partners distributed in different regions and teams
• Balance between regular and development / ad-hoc related task