This job has expired, please see additional jobs below
Vice President - Credit Middle Office
Morgan Stanley
New York, NY, United States
Job Details - this job has expired, please see similar jobs below
Description
Company Profile
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 1,200 offices in 43 countries.
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. Morgan Stanley can provide a superior foundation for building a professional career.
Department Profile
The cornerstone of Morgan Stanley’s risk management philosophy is the execution of risk-adjusted returns through prudent risk-taking that protects Morgan Stanley’s capital base and franchise. Risk Management protects the firm from exposure to losses resulting from defaults by our lending and trading counterparties.
Background on the Team
Credit Middle Office plays a pivotal role in supporting Morgan Stanley’s Credit Department in credit risk analysis and limits monitoring. The team is also responsible for credit data management, credit policy/procedure implementation, portfolio and single name monitoring (credit limits monitoring/reporting/escalation), and process change management.
Background on the Position
The Credit Middle Office team is currently seeking a Vice President level candidate to join the team based in New York. The candidate must have strong business knowledge, technical skills, process management skills, and must be able to develop strong working relationships as he/she will work closely with several other areas (such as IT and Business Units).
The ideal candidate will be someone that is persistent in pursuing process enhancements and efficiencies.
Primary Responsibilities
The successful candidate will be responsible for:
• Supporting credit professionals in the monitoring of Morgan Stanley’s credit exposure against the Firm’s pre-defined policy limits
• Enhancing and implementing data quality control processes
• Participating in Data Governance processes and forums
• Bringing awareness to data management best practices
• Assisting the team in ensuring Credit is in compliance with BCBS principles globally
• Representing the team in projects and forums that require Credit Middle Office participation
• Assisting in the design, development, and implementation of new system solutions
• Assisting the team in meeting Regulatory Reporting requirements such as BIS and CCAR
• Maintaining an active dialogue and acting as a liaison between Credit Department, IT and Business Units in resolving identified data quality issues
• Assisting the team in its day to day Run The Bank tasks
Qualifications
Skills Required (essential)
• 8+ years of experience in risk management or finance involving data quality control processes and process management with good knowledge of Credit products
• Familiarity with fixed income, equity, and other traded securities
• Solid understanding and experience in data quality control processes and change management
• Proven track record of leading and completing large scale projects covering multiple teams/business areas
• Self-motivator and team player with strong interpersonal skills
• Superior written and verbal communication skills
• Undergraduate degree in Finance, Computer Science, or Engineering related areas
• Ability to manage dynamic priorities with attention to details
• Ability to meet deadlines and deliver quality work in a fast-paced environment
• Strong analytical and problem solving skills
• Strong proficiency with Microsoft Office, including Excel, PowerPoint, and Outlook
Skills desired
• Experience with the Comprehensive Capital Analysis and Review (CCAR)
• Experience in Data Governance processes and BCBS principles
• Experience in system development and project management
• Strong proficiency with SQL and/or VBA
• Good working knowledge of databases