Vice President, Country Risk Management, Hong Kong

  • Competitive
  • Hong Kong
  • Permanent, Full time
  • Morgan Stanley
  • 19 Feb 18 2018-02-19

See job description for details


Company Profile

Morgan Stanley is a leading global financial services firm providing investment banking, securities, investment management and wealth management services. With offices in more than 43 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals.

Department Profile


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.

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.

Primary responsibilities:

The Asia Country Risk Vice President/Associate will represent Morgan Stanley’s Country Risk team in the Asia-Pacific region, based in Hong Kong. The VP/Associate will be responsible for the following key functions:

Sovereign/country risk analysis: Analysing Asia-Pacific sovereigns, both emerging and developed, in order to assign internal ratings as well as assessing broader country risk for the purpose of setting country limits. The individual will also collaborate with colleagues in other regions to ensure excellence and consistency in the ratings approach.

Limit setting/monitoring: Setting internal country limits for countries across the Asia-Pacific region and monitoring limits for compliance. Liaising with colleagues in Credit (within which Country Risk sits) and other areas of Risk (Market and Operational Risk) to ensure country limits capture risks comprehensively and are applied in a coordinated and consistent way. Contributing to the team’s continuous development and deepening of the overall limit setting methodology and framework.

Trade approvals: collaborating with colleagues on a trade by trade basis to determine risk appetite and potential risk mitigants for sovereign counterparts as well as for transactions in countries with constrained risk appetite.

Communicating country risk analysis: Analysing complex country risk developments and articulating views in a concise and succinct way within Risk and beyond, often under time pressure.


Qualifications:


- Substantial experience in, and understanding of, sovereign analysis, including in the Asia-Pacific region

- Inquisitive approach to subject matter and ability to anticipate events and derive significance for real economy and markets

- Confident communicator

- Strong team ethic and commitment

- Experience of limit setting and trade approvals would be a benefit

- Understanding of financial products would be a benefit