Risk Analytics Vice PresidentFrankfurt

　　3246161

　　Morgan Stanley is seeking a Vice President with prior experience in risk model development or risk model validation to work in its Risk Analytics team in Frankfurt. Risk Analytics develops regulatory capital models such as VaR, IRC, counterparty credit exposure, PD and rating models, which are used by the Risk Capital function for the production of risk-based capital under regulatory approvals such as IMA, IMM and IRB. Additionally, Risk Analytics is responsible for the development of economic capital models for ICAAP, and models used by the Market and Credit Risk Management functions. This position will have particular focus on IMM/IRB, the counterparty risk and credit risk internal regulatory approved models.

　　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, liquidity and franchise.

　　About Morgan Stanley

　　Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.

　　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. We can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

　　What will you be doing?

　　In conjunction with the global Risk Analytics team, support in the development of IMM, IRB and IMA risk models and model enhancements specific to the European requirementsOngoing monitoring and evaluation of the performance and compliance of the internal risk models in line with internal and regulatory standards and conditionsRegulatory related analysis and communication on market and credit risk models to support accurate and timely submissions to the local regulatorsInput into the model validation process led by Model Risk ManagementEscalation of material issues to both the European and EMEA Heads of Risk AnalyticsMore broadly, the role holder will contribute where appropriate to regional or global Risk Department initiatives, projects, and involved in the engagement with the local regulatorsWhat we’re looking for:

　　MSc, PhD or equivalent in a quantitative subject (such as mathematics, physics, finance, economics or engineering)Solid knowledge of regulatory requirements for internal capital models and developments, in particular those emanating from Basel and European regulatory authoritiesStrong understanding of traded derivative and fixed income products, and the behavior of these portfolios under stressStrong understanding of credit risk, counterparty risk and market risk principles and their key driversStrong understanding of XVA (preferred)Skills that will help you in the role:

　　Experience in at least one of the following programming languages: Python (preferable), Matlab and RExperience of dealing with financial regulators would be beneficial, e.g. BAFIN, PRA or EBA/ECBThe ability to work independently in a self-directed way in a collaborative, team-oriented environment. Experience working in cross-functional and cross-cultural working environmentsConfidence to take ideas forward and to challenge others, where appropriate, with experience in management by influence, facilitating and gaining consensusThe ability to effectively communicate with a wide range of stakeholders, both written and verballyAn interest in working in a fast-paced environment, often balancing multiple high priority deliverablesWhere will you be working?

　　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.

　　Flexible work statement:

　　Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

　　Internal Applicants:

　　Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clickinghere.

　　Equal opportunities statement

　　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.

　　Job: *Risk Analytics

　　Title: Risk Analytics Vice President

　　Location: Europe, Middle East, Africa-Germany-Germany-Frankfurt

　　Requisition ID: 3246161