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 the Morgan Stanley Risk Data team within the Firm Risk Management Division. Risk Data is responsible for the development data standards for FRM, governance, and monitoring of the Risk Domains to evidence compliance with The Global Data Quality Policy and the BCBS 239 Principles. Risk Data team provides strategic partnership across Firm Risk to enhance Risk Data management. The team is responsible for creating and maintaining the Global Risk Data Policy, and for reviewing proposed country, legal entity or risk domain specific Risk Data policies or procedures to ensure congruency and alignment across FRM.
Risk Data seeks an Analyst/Associate for a Mumbai-based Risk Data Office role. The selected candidate will be part of a team focused on partnering with Risk Domains to develop and drive strategic solutions for process efficiency and data management challenges across Firm Risk. The team's remit also includes initiatives related to the Firm's overall compliance with RDA principles as well as Risk Data Domain compliance with the Risk Data Policy.
Primary Responsibilities
- Contribute towards execution of prioritized data initiatives in compliance with the Global Data Policy and BCBS239 requirements across FRM
- Governing and advising risk coverage teams to identify and document risk data ownership, authority, sourcing, controls and quality; Develop and implement ongoing update, review and control for prioritized risk data
- Identifying and executing and work on areas for improvement in processes related to risk data management
- Liaising with data quality working groups across the Firm on pertinent issues
- Senior management reporting and presentations
Experience, Qualifications
- Possess Bachelor's or Master's degree in Finance, or a related discipline
- 2-3 years of work experience in the financial services industry preferably in risk management, finance, operation or equivalent experience
- Strong understanding of risk management concepts and financial products, particularly with respect to commercial financial market data
- Knowledge and exposure to US, EMEA and UK financial regulations including BCBS 239 and Basel III pertaining to risk data aggregation/reporting is preferred
- The ability to communicate with a wide range of stakeholders effectively and thoughtfully
- Strong organizational and project management skills
- Strong Excel and PowerPoint skills
Posting Date
Apr 12, 2024
Primary Location
Non-Japan Asia-India-India-Mumbai (MSA)
Education Level
Bachelor's Degree
Job
Risk COO
Employment Type
Full Time
Job Level
Associate
