Market Risk Change Manager

We’re seeking someone to join our team as a Market Risk Change Manager.

The role will reside within the Firm Risk Management’s Market Risk Department (MRD) which is a team dedicated to providing governance and oversight of all market risk arising from the Firm’s business activities. This role resides within the global Market Risk Strategic Change team and is located in Budapest. The successful candidate will be responsible to deliver value creation through strategic change.  The projects include internal model enhancements, Fundamental Review of the Trading Book (FRTB) development, Data and Risk Framework enhancements and improvements to end user tooling. Change programs involving technology deliverables will be executed in an Agile manner, so the ideal candidate will have familiarity with delivering strategic change using this approach

In the Firm Risk Management division, we advise businesses across the Firm on risk mitigation strategies, develop tools to analyze and monitor risks and lead key regulatory initiatives.

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:

• Manage MRD strategic change initiatives and BAU requests
• Manage Senior stakeholder engagement including escalating and resolving issues as necessary
• Responsible for gathering requirements and managing the project on-boarding process
• Coordinate dependencies with Risk Managers, Product Owners, and Front Office for strategic change initiatives.
• Support Agile Fleet Leads in maintaining and prioritizing the Fleet-level backlog by ensuring alignment between Fleet-level objectives and Squad-level components

What you’ll bring to the role:

• Bachelor’s degree and 2-3 years of experience
• Preferred background in project management / Agile development
• Understanding of key market risk concepts (eg. traded products, VaR, stress testing, risk/limit management)
• Experience scoping, developing and prioritizing plans for strategic pieces of work
• The ability to identify, monitor and manage project risks, issues and dependencies, and agree appropriate responses
• Desired excellent verbal and written communication skills

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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 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.