Credit Risk Management - Counterparty Risk - Analyst London, England
Morgan Stanley
Full Time
London, England
10.56 - 12.04 GBP Today
Job description
Credit Risk Management - Counterparty Risk - Analyst
Job Number:
3235258
POSTING DATE: Apr 14, 2023
PRIMARY LOCATION: Europe, Middle East, Africa-United Kingdom-United Kingdom-London
EDUCATION LEVEL: Bachelor's Degree
JOB: Credit Risk
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Analyst
DESCRIPTION
Division: Firm Risk Management
Role: Credit Risk Management — Counterparty Risk
Level: Analyst
Location: London
Firm Risk Management
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 Firm Risk Management's Credit Risk Management Department. 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 and senior management. CRM also interacts with business units to ensure that credit risk assessments are factored into business decisions.
The role is to work in the Counterparty Risk team covering a range of financial institutions.
Primary Responsibilities
> Analyze and identify credit risks in transactions (loans & derivatives) and understand the impact these have on our portfolio and risk appetite, follow up on transaction execution to ensure loans/trades are booked correctly
> Analyze financial institutions, assist in managing exposures/limits, identify and quantify risk drivers, prepare credit memos and make recommendations
> Understand how macro-economic, market and company-specific events and new financial regulation impact our portfolio, clients and counterparty credit quality
> Participate in client due diligence meetings to understand their strategy, financial performance and business requirements
> Ensure risk reporting systems contain timely and accurate information and financial information is received from clients in a timely manner
Role: Credit Risk Management — Counterparty Risk
Level: Analyst
Location: London
Firm Risk Management
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 Firm Risk Management's Credit Risk Management Department. 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 and senior management. CRM also interacts with business units to ensure that credit risk assessments are factored into business decisions.
The role is to work in the Counterparty Risk team covering a range of financial institutions.
Primary Responsibilities
> Analyze and identify credit risks in transactions (loans & derivatives) and understand the impact these have on our portfolio and risk appetite, follow up on transaction execution to ensure loans/trades are booked correctly
> Analyze financial institutions, assist in managing exposures/limits, identify and quantify risk drivers, prepare credit memos and make recommendations
> Understand how macro-economic, market and company-specific events and new financial regulation impact our portfolio, clients and counterparty credit quality
> Participate in client due diligence meetings to understand their strategy, financial performance and business requirements
> Ensure risk reporting systems contain timely and accurate information and financial information is received from clients in a timely manner
FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views.
QUALIFICATIONS
Experience
> Bachelor's degree or equivalent
> Understanding of financial markets, credit analysis and ability to analyse key risks and mitigants
> Familiarity with financial products e.g., swaps, FX, equities (preferred)
> Strong analytical skills; experience in financial analysis and modelling (preferred)
> Ability to communicate effectively with a wide range of stakeholders, both written and verbally
> Ability to work in a fast-paced environment, often balancing multiple high priority deliverables
> Strong attention to detail and ability to provide information in usable formats (proficiency in Microsoft office, including Excel, PowerPoint and Word)
> Ability to extract and elaborate data using SQL, VBA, Python (preferred)
> Fluency in English is required, plus another European language would be an advantage
> Bachelor's degree or equivalent
> Understanding of financial markets, credit analysis and ability to analyse key risks and mitigants
> Familiarity with financial products e.g., swaps, FX, equities (preferred)
> Strong analytical skills; experience in financial analysis and modelling (preferred)
> Ability to communicate effectively with a wide range of stakeholders, both written and verbally
> Ability to work in a fast-paced environment, often balancing multiple high priority deliverables
> Strong attention to detail and ability to provide information in usable formats (proficiency in Microsoft office, including Excel, PowerPoint and Word)
> Ability to extract and elaborate data using SQL, VBA, Python (preferred)
> Fluency in English is required, plus another European language would be an advantage
