Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 747 offices in 42 countries.
Private Wealth Management Asia is an integrated business within Institutional Securities. We provide highly personalized, best-in-class investment advice, execution services and wealth management and banking solutions to Ultra High Net Worth individuals and families across the region.
Department Profile
The cornerstone of Morgan Stanley's risk management philosophy is the execution of risk-adjusted returns through prudent risk-taking, which protects Morgan Stanley's capital base, liquidity and franchise. The APAC Firm Risk Management Division is responsible for the independent identification, analysis, reporting and escalation of all credit, market, operational and liquidity risk exposures arising from business activities, acting independently of business management and providing an effective challenge process.
Credit Risk Management (CRM) evaluates credit risk of transactions, especially loans and derivatives, from all BUs within the Firm and approves, rejects or modifies them after thorough consideration of various factors. CRM 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.
Job Description
Assist credit risk managers in managing a complex credit portfolio across Pan Asia. We are looking for someone eager to leverage a strong technical background [i.e. Excel, SQL, PowerBI] in fast moving wealth management environment [i.e. complex financial products].
- Provide analytical support for complex derivative products across wealth management platforms;
- Understand and take ownership of the various stress testing processes in the region;
- Support legal entity credit risk managers with capital planning projects;
- Assist in creating and managing high quality credit reporting for senior management and regulatory purpose;
- Liaise with global credit and risk team members on tasks involving credit portfolio management, stress testing, data quality management, credit reporting and other ad hoc tasks.
Requirements
- Degree holder with quantitative / statistics skills. Skills in a finance related subject preferred;
- Python, Excel VBA/ SQL and PowerBI ability are a clear requirement;
- Good understanding of inputs, assumptions, parameter calibration, and output related to credit portfolio risk models and stress testing models;
- Knowledge / modeling skills in trading products especially in exotics across fixed income, equity, foreign exchange preferred;
- Strong analytical and problem-solving skills;
- Enthusiastic, self-motivated, flexible and desire to learn and develop
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
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.