Market Risk Data Steward – BCBS 239 Data Management Specialist

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. The Risk Management Division is responsible for the independent identification, analysis, reporting and escalation of all market, credit and operational risk exposures arising from the Firm’s business activities, acting independently of business management and providing an effective challenge process. 

We offer: 

• The chance to work in the Risk Management Division of one of the world's top tier investment banks 

• A competitive salary and eligibility for annual bonus 

• Flexible working arrangements (core hours and opportunity to work from home) 

• The ability to grow and shape your own career  

• Continued professional development based on your career interests and mentoring opportunities 

• Inclusive, vibrant, and open-minded multinational environment, where your ideas are taken seriously 

You will: 

• Participate in data management for the benefit of market risk business processes 

• Ensure consistent, transparent and easy-to-maintain data consumption across market risk processes and downstream 

• Participate in various data-related strategic programs targeting BCBS 239 implementation across the Firm (e.g. Risk Reporting, Data Lineage, elimination of manual processes, etc.) 

• Execute recurring data quality controls and help market risk managers dig deeper in control results 

• Raise, investigate and help stakeholders resolve identified data quality issues 

You ideally have: 

• University or College degree in any data related field, statistics or business management 

• Basic understanding of financial markets, risk management concepts and models and financial products 

• Strong data manipulation, automation and vizualization skills: 

• SQL (e.g. case-when statements, subqueries, joins, etc.) 

• Excel (e.g. VBA, vlookup, index-match, Pivot tables, etc.) 

• PowerBI dashboarding 

• Ability to work independently, proactively and taking ownership 

• Strong strategic and critical thinking 

• Strong risk and control mindset 

• Curiosity to understand and motivation to improve data processes 

• Attention to detail and prioritization skills will be key in balancing daily deadlines with timely implementation of strategic projects 

• Proficient in written and verbal communication (in English) 

You might also have: 

• Good understanding of Agile Principles 

• Experience in UAT and in product development support 

Team Profile: The Market Risk Data Management team is part of the Market Risk Department (a risk stripe within the Risk Management division), leading the effort in setting up and maintaining curated data marts for market risk business processes and controls. The team is to ensure consistent, transparent and easy-to-maintain data consumption across market risk processes and downstream. 

About us: Morgan Stanley provides a superior foundation for building a professional career - a place for people to learn, achieve and grow. You will be exposed to a truly international and multi-cultural environment that appreciates and respects individuality. 

#LI-EG01 #LI-hybrid #BPDBA

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.

Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

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.

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.