Associate – Regulatory & Policy, Credit Risk

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Morgan Stanley USA
  • 18 Feb 18 2018-02-18

Associate – Regulatory & Policy, Credit Risk

Company Profile
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

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. Credit Risk Management protects the firm from exposure to losses resulting from defaults by our lending and trading counterparties.

Background on the Position
Morgan Stanley Credit Risk Management is recruiting an Associate for the Credit Policy, Governance, and Regulatory Relations group. This group oversees the development of Credit policies and procedures and manages Credit related regulatory exams and internal audits. Its key functions are to establish Credit policy and governance standards and to spearhead remediation projects related to regulatory and audit findings. The group works in close collaboration with subject matter experts in Credit Coverage, Capital, Ratings Analytics, and Reporting, as well as other departments within the Firm.

The ideal candidate will have experience in Credit Risk Management, knowledge of risk and finance issues related to trading and lending activities, and familiarity with Fed, OCC and SEC regulations. This position offers opportunities to gain exposure to all aspects of Credit risk and to senior risk managers.

Primary Responsibilities
· Assist in development of Credit policies and procedures, taking into account current regulatory expectations and Firm practices
· Provide support in execution of various projects related to Credit policy, governance, and regulatory guidance
· Coordinate Credit deliverables and presentation materials for regulatory exams and requests
· Analyze key upcoming regulatory guidance to assess level of compliance with current practice
· Assist in the Firm's communication with regulators regarding Credit related issues
· Prepare senior management reports on regulatory exams, internal audits, and credit reviews


Skills required (essential)
· Minimum 3 years of experience in Credit Risk at a large, complex financial institution
· Strong analytical thinking and problem solving skills
· Proven leadership abilities and relationship building skills
· Excellent writing skills
· Ability to work effectively on multiple projects under tight deadlines
· Experience working on projects related to regulatory requirements (e.g. FRB, OCC, SEC, PRA, FINRA, and CFTC)
· Proficiency in Microsoft Office programs

To Apply:
Please submit resume AND cover letter explaining interest in position