Job Description

Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks.
Background on the Position
The role will reside within Firm Risk Management's Operational Risk Department supporting the US Banks.
Operational Risk refers to the risk of financial or other loss, or potential damage to a firm's reputation, resulting from inadequate or failed internal processes, people, systems, or from external events (e.g., fraud, legal and compliance risks or damage to physical assets). The Firm may incur operational risk across the full scope of its business activities, including revenue-generating activities (e.g., sales and trading) and control groups (e.g., information technology and trade processing). This position directly supports a senior-level team in operational risk by providing analytical, decision-making, and presentation support.
Primary Responsibilities
The ORD Strategic Business Analytics team provides primary global support across the Operational Risk Department. Team members have primary responsibility for a specific coverage area and work in close collaboration with other members of operational risk and business teams. As such there is flexibility in how responsibilities and tasks are managed across the team, both locally and globally.
Specific responsibilities include:
Support the coverage team in utilizing the operational risk framework components to measure, monitor and control operational risk for the Firm.
Support the Coverage team with a focus on analyzing large data sets of structured and unstructured data
Contribute to development of presentations for executive management and senior risk managers in support of Operational Risk Coverage for the US Banks
Perform other ad hoc projects, analyses, and presentation support for the Coverage team
Work collaboratively with the Coverage teams in New York, data science colleagues in Mumbai to scope projects, define analytical approaches, establish time frames, conduct analyses and summarize conclusions in concise presentations
Participate in scenario analysis preparation supporting analytical approaches to estimate stress losses across a range of operational risks and a variety of business, operational and financial market conditions

Qualifications

Experience
Bachelor's degree or equivalent
Intellectually curious about risk management and reporting
Excellent communication skills, both verbal and written, and an ability to present ideas concisely
Ability to communicate analytic results to a variety of stakeholders
Ability to work under pressure with competing demands and challenging deadlines
FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views.
Education: Any Graduate
Industry: Financial Services/Stockbroking

Skills Required