AVP, First Line Credit Risk Analyst
NY - 2000 Westchester Ave, United States
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Full Time Executive-level / Director USD 85K - 140K
Morgan Stanley
Discover how we help individuals, families, institutions and governments raise, manage and distribute the capital they need to achieve their goals.Morgan Stanley (“MS”) is a global financial services firm that conducts its business through three principal business segments—Institutional Securities Group (“ISG”), Asset Management (“AM”) and Wealth Management (“WM). WM includes almost 16,000 Financial Advisors and Private Wealth Advisors and offers comprehensive financial services to clients, such as brokerage, investment advisory, financial and wealth planning, annuities, insurance, retirement. In addition, the Private Banking Group (“PBG”) offers WM clients cash management and lending solutions.
The PBG Lending Group is building out its first-line credit risk team to coordinate credit risk management oversight across multiple lending products to ensure: (1) new loans are originated within PBG risk appetite; (2) ongoing robust portfolio management oversight; and (3) coordination of stakeholders on credit policies, underwriting guidelines, escalation frameworks, controls, risk metrics, etc.
Job Summary
We are seeking a highly motivated Associate / AVP with primarily responsibilities including portfolio analysis, report generation, and project management, with the flexibility to take on additional tasks as needed.
Job Description/Position Responsibilities
Provide ad-hoc queries, design & publish informative reports/dashboards using business intelligence tools like Dataiku & Tableau to gain portfolio insight and drive business impact and risk management across the organization
Coordinate, research and fulfill data & reporting requests, including enhancing data quality, by working closely with key internal stakeholders (e.g., Credit Risk, Business Units)
Analyze and track portfolio such as originations, limit monitoring, KRIs, loan quality, stressed credits, etc. by running data analytics across multiple databases to enable greater visibility of risk across the organization
Provide frequent updates and reporting on lending metrics and other risk management trends
Track progress on team initiatives, maintaining documentation, assist in drafting policies and procedures, etc.
Assist in the oversight, coordination and management of stressed credit exposures across lending products
Experience
Minimum of 4 years of experience in financial services with emphasis on portfolio analytics and risk management
Experience with Tableau, Dataiku, Business Objects, Advanced Excel skills including VBA /Macros
Working Knowledge of Python or similar language for automation projects preferred
Excellent working knowledge with database management and data architecture
Private Banking and/or Credit Risk Management background is a plus
BA in finance, economics, accounting, business, statistics or math; Advanced degrees / certifications are a plus.
Skills Required
Ability to take complex tables and data and turn them into simple and easy-to-understand presentations
Efficient report generation and automation expertise
Detail oriented with strong organizational, analytical and oral/ written communication skills
Excellent interpersonal skills, ability to communicate clearly, and demonstrate sound judgment
Demonstrates positive attitude and comfortable working in a very fast paced environment
Proficiency in Microsoft office Products such as PowerPoint and Word
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.
Expected base pay rates for the role will be between $85,000 and $140,000 per 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's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
Tags: Architecture Banking Business Intelligence Credit risk Data Analytics Data quality Economics Excel Finance Mathematics Python Research Statistics Tableau
Perks/benefits: Insurance
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