Counterparty Credit Risk Manager

Counterparty Credit Risk Manager
Frankfurt

PT-JR032510

Morgan Stanley is seeking a risk professional to join the Credit Risk Management department in Frankfurt at Vice President level. The role holder will have responsibility for the credit risk management of the Firm's business with clients and with additional involvement in credit risk management related governance and regulatory deliverables.

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.

The role will reside within Firm Risk Management's Credit Risk Management Department. 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 and senior management. CRM also interacts with business units to ensure that credit risk assessments are factored into business decisions.

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on…

What will you be doing?

• Oversight of the credit analysis, credit rating assignment and risk management for clients, in particular setting and monitoring of credit risk limits as well as performing credit due diligence and internal rating assignment
• Monitor and understand how macro-economic, industry or company-specific trends impact the credit quality of counterparties or group of counterparties
• Monitor and analyse credit risk and credit exposure sensitivities and concentrations, including review and analysis of credit stress testing results
• Analyse transactions and provide credit approval, including review and approval of credit risk mitigation and documentation requirements
• Participate in client due diligence meetings to understand their strategy, financial performance and business requirements
• Point person for Sales & Trading Division for management of credit risk resulting from transactions
• Review, analyse and approve New Product requests
• Contribute to the monitoring and reporting of risk across the counterparty portfolio for the legal entity
• Coordinate with other Divisions including Legal and Compliance, Operations, Regulatory Controllers and Capital Groups as well as Firm Risk employees in other Morgan Stanley offices

What you’ll bring in the role:

• Bachelor's degree or equivalent
• Proven experience in risk management or similar roles with strong analytical skills, experience related to fundamental credit analysis
• Strong understanding of financial risks in traded products and the credit approval process
• Ability to communicate effectively with a wide range of stakeholders, both written and verbally
• Ability to work independently in a self-directed way in a collaborative environment
• Ability to work in a fast-paced environment, often balancing multiple high priority deliverables
• Strong attention to detail and ability to provide information in usable formats (proficiency in Microsoft office, including Excel, PowerPoint and Word)
• Fluency in English is required, plus another European language (preferred)

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 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries.

At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity

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.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 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.

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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.