Fixed Income – CCAR Stress Testing

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Morgan Stanley USA
  • 17 Oct 18

Fixed Income – CCAR Stress Testing

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 Finance Division reports to the Chief Financial Officer and consists of some 3,000 employees worldwide. Finance protects the Morgan Stanley franchise by serving as guardian of the Firms books and records, and by contributing to firm wide risk management and risk reduction. This division maintains relationships with Morgan Stanley's various industry and government regulators, and also serves as the conduit of financial information to the outside investment community. Finance plays a critical role as advisor to Morgan Stanley's various businesses and its senior management team.

Job Summary:
FCGs overall role is to provide financial analysis and business performance metrics to support senior management decision making. One of the areas which has been increasingly important is FCGs involvement in the CCAR process and the future enhancement to the current PPNR and Balance Sheet models.

Responsibilities:
- Assist with the CCAR submission and future enhancement process for Fixed Income Division
- Help to coordinate the FID PPNR and BS deliverables and deadlines, and provide guidance across the BU and GPC leads
- Assist with the production of the Review and Challenge / Tollgate presentation decks as part of the new CCAR governance process - Collaborate with the various GPC leads, Strats, PwC consultants and FID BU COOs on the build out of the new regression / enhanced models - Act as a central provider of all the historical data used to build out the new regression/enhanced PPNR and BS models across the FID desks
- Work very closely with the various product control teams within Fixed Income organization globally.

Qualifications:

- Bachelor's degree or higher, preferably in Finance, Economics or a related field
- 2-5 years experience in the Finance or related industry, experience in Dodd Frank Stress Testing a plus
- Efficient, motivated individual with ability to work independently
- Should be comfortable multitasking
- Strong quantitative and problem solving skills
- Effective communication and interpersonal skills
- Strong PC Skills (Microsoft Excel, Word, PowerPoint)