Job Description

We are seeking an FRM MSIM Risk Manager As a member of our risk management department, you will gain insights into global capital management for regulatory and business purposes.

This role will reside within FRM's Investment Management Risk Department, a second line of defence team providing governance and oversight of risks arising from the Morgan Stanley Investment Management (MSIM) Division. The successful candidate will be based in Budapest and will provide independent liquidity and equity risk coverage across MSIM's Public Funds (UCITS / 40 Act), ETFs, SMAs, Money Market Funds.The role has a functional reporting line into the Vice President located in the New York IM Risk team, with a local reporting line into the Budapest team lead

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you'll do in the role:

• Assess and monitor liquidity and equity risks across MSIM's Public Funds, ETFs, SMAs and Money Market Funds, with focus on issuer, sector, country and factor concentrations
• Participate in active dialogue with the Investment Management business units, portfolio managers, risk management colleagues and other groups regarding business strategies, risk representation, and risk threshold compliance
• Run and interpret stress tests across equity portfolios and fund liquidity (Firm Macro Scenarios, 2a-7, EU MMFR, waterfall and pro-rata liquidation), identifying potential shortfalls and mitigants.
• Support the build-out, calibration and ongoing monitoring of risk threshold frameworks across equity (active risk, concentration, performance) and liquidity metrics
• Help prepare briefings to senior management and contribute to the IM Risk Committee, EMEA Risk Subcommittee and Liquidity Risk Subcommittee.
• Execute projects to improve risk representation, including data sourcing, automation of EUC reports, and adoption of AI tooling
• Create high quality reports for Boards, Regulators and internal use on a regular basis
• Contribute to the risk sections of the UK FCA's ICARA and MSIM FMIL ICAAP documents

What you'll bring to the role:

• Excellent academic background, preferably in business, finance, economics or a quantitative discipline.
• Some understanding of equity markets, fund structures, liquidity risk and investment management products.
• Quantitatively oriented with strong intuition and ability to make judgments.
• Ability to synthesize complex data sets and conceptualize appropriate solutions.
• Proactive, able to work both independently and as part of a geographically distributed team.
• Excellent written, graphical and verbal communication skills

Nice to have:

• Experience in the financial services industry (particularly investment risk, liquidity risk or portfolio management)
• FRM, CFA or progress towards them are a plus

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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.

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 opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo