Credit Risk Data Solution Associate

Firm Risk Management (FRM) enables 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.

Our mission is to serve as the follow roles:
-Independent agent to set consistent principles and disciplines for risk management
-Strategic advisor to Firm management for setting risk appetite and allocating capital
-Industry leader to influence and meet regulatory standards

You will collaborate with colleagues across FRM and the Firm to protect the Firm's capital base and franchise, advise businesses and clients on risk mitigating strategies, develop tools and methodologies to analyze and monitor risk, contribute to key regulatory initiatives and report on risk exposures and metrics to enable informed and strategic decision-making. Through thoughtful analysis and clear communication we are best able to bring our ideas to the table and improve the Firm.

Firm Risk Management values diversity and is committed to providing a supportive and inclusive workplace for all employees. 
Firm Risk Management's unique franchise promotes:
-Flat, flexible and integrated global organization
-Collaboration and teamwork
-Credible, independent decision-making
-Organizational influence
-Creative and practical solutions
-Meritocratic and diverse culture

Credit Risk Management (CRM) evaluates credit risk transactions and approves, rejects or modifies them considering the availability and appropriateness of arrangements for reducing risk or risk mitigation. The department 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, Chief Credit Officer and senior management. CRM also interacts with the business unit to ensure that credit risk assessments are factored into business decisions.

The CRM Reporting team is responsible for developing and maintaining the credit risk datasets and reporting framework. The team collaborates with partners across the globe from many different business and technology groups. We are creating curated data marts. We use PowerBI, Excel, Power Point for reporting purposes and SQL for working with data.

We seek an Associate to join the CRM Reporting Team in Budapest, responsible for creating and maintaining Credit Risk datasets, rules and workflows. 

What you'll do:
-Support our data and report modernization efforts by analyzing current reports and SQL logic to provide detailed dataset requirements
-Work with technology on database design, data onboarding, testing and rollout
-Work with data consumers to provide the required datasets for the department
-Maintain Credit Risk datasets in our dataset assembly tool
-Escalate data issues to the Data Control team and Credit Risk Agile IT squads and assist with the remediation of data problems

What you'll have:
-4+ years of experience in business and/or data analysis role at Financial Services, Consulting, Accounting or Corporate Finance Firms
-Understanding complex relational databases / SQL, including joins, keys and relationships, ETL
-Experience with maintaining logical and physical data models
-Deep understanding of data management principles
-Experience with building curated data pipelines
-Strong knowledge of reporting standards and control frameworks
-Strong verbal and written communication skills, ability to challenge the status quo
-Well organized and able to work in a fast paced environment with strong attention to detail
-Bachelor's degree in Finance, Computer Science, or Engineering related areas

You might also have:

-Experience with business intelligence software (Tableau, Qlikview, Power BI, etc.)
-Understanding of Credit Risk, lending and/or traded products
-Knowledge of programming languages such as Python or R

Morgan Stanley Budapest is an integral part of the Firm’s global critical business functions including Technology, Finance, Risk, Institutional Securities and Wealth Management. Morgan Stanley has been rooted in the Budapest community since 2006 and is considered a leading employer among the area’s highly skilled talent. Our innovative team delivers deep technical and mathematical expertise to support the Firm’s capabilities in quantitative analysis, data analysis, and risk management. We are relentless collaborators and creative thinkers, fueled by our diverse backgrounds and experiences. We believe in empowering individuals to advance their careers through exposure to innovation, hands-on collaboration and enriching learning and development opportunities.

#LI-EG1 # BPDBA #BPREP #LI-hybrid

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.