Position - Analyst - FRM Stress Testing PMO Team
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 Firm Risk Management''s Stress Testing PMO Team to support the Firm''s stress testing programs and capital planning initiatives, focusing on program management, governance framework and documentation processes. This position offers opportunities to gain exposure to all aspects of stress testing and capital planning and to senior risk managers. The group works in close collaboration with subject matter experts in Market Risk, Credit Risk, Capital, Risk Analytics, Reporting and Model Risk Management, as well as other departments within the Firm.
Primary Responsibilities
> Project management of stress testing initiatives within FRM, including timeline management, work stream tracking, control and governance
> Assist in execution of the stress testing governance framework and processes, including review and challenge, minutes, attestations, and senior management committees
> Participate in and provide inputs/challenges to the risk identification, scenario design, and stress testing processes through the Firm''s Risk and Control Framework
> Support end-to-end coordination for regulatory engagements, meetings and requests
> Support alignment of policies and procedures to regulatory requirements and updated processes
> Communicate regulatory guidance to impacted stakeholders to ensure compliance
> Apply analytical skills to seek efficiency improvements throughout the stress testing process
> Produce documentation and presentations to effectively communicate key information to senior management and regulators
> Work with stakeholders across teams in FRM and other areas to ensure adherence to regulatory guidance and best practices
> Provide ad hoc support related to stress testing, including but not limited to regulatory exams, internal audit, and independent reviews Experience
> Bachelor''s degree required
> Attention to detail and ability to prioritize projects and workload
> Experience working under pressure and performing to tight deadlines
> Strong interpersonal and communication skills, written and verbal
> Experience in project or process management at financial institutions preferred but not required
> Proficiency with Excel, Word and PowerPoint
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their goals. We do it in a way that's differentiated - and we've done that for 90 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.
Expected base pay rates for the role will be between $75,000 and 140,000 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 is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.
Morgan Stanley is a global financial services firm offering a complete range of financial services to a large and diversified group of clients and customers, including governments, corporations, institutions and individuals throughout the world. The talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity and excellence. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and to grow.