Market Risk - Portfolio, Projects & Change Management Associate (m|f|x) Frankfurt

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.

Tasks

• 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 level 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 projects 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.

Profile / Your qualification / Your personality

• Bachelor degree or equivalent, in a quantitative subject such as 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)
• Strong analytical and problem-solving skills
• Fluency in both English and German languages is required

That awaits you

• 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.

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Contact

Location

Grosse Gallusstrasse 18, D-60312 Frankfurt