XVA Market Risk Manager

Morgan Stanley is seeking an Analyst/Associate to cover XVA Risk working in the wider Fixed Income Market Risk team. XVA coverage includes CVA (Credit Valuation Adjustment), FVA (Funding Valuation Adjustment) and many more. We seek candidates with a strong desire to learn and the ability to work well at both regional and global level.

We offer: -The chance to work in the Risk department of one of the world's top tier Financial Institutions and gain first-hand insight into our business -A competitive compensation and benefit package -Flexible working arrangements: core hours and opportunity to work from home 50% of the month -Professional development opportunities including access to Morgan Stanley's world-class internal trainings, financial and study-leave support for selected professional qualifications -Support in your career development by providing mentoring opportunities -A supportive, vibrant, and open-minded multinational environment, where your ideas are taken seriously. We accept individual differences and believe in teamwork

You will: -Be part of the XVA Coverage team which oversees the firm’s CVA (Credit Valuation Adjustment), FVA (Funding Valuation Adjustment) and other related/emerging VAs on the firm’s counterparty -Monitor live financial markets and measure the market impact on Morgan Stanley’s portfolio, while having the opportunity to gain a deep understanding of market dynamics -Review limit and reporting frameworks to ensure appropriateness considering risk appetite, business strategy and market conditions -Constantly develop expertise in risk management, including products, models, macroeconomics and trading flows of main market participants -Develop strong expertise in Stress Testing and VaR framework, processes, and economic drivers -Work directly with a diverse set of stakeholders such as other risk managers, stress testing teams, traders, quantitative analysts, IT personnel across Budapest, New York, London, Frankfurt, Paris, Mumbai, Hong Kong and Singapore

You have: - Bachelor’s or higher degree in fields such as finance, economics, or similar - 1-5 years experience - Strong knowledge of financial products, including familiarity with risk management concepts - Strong IT skills to facilitate data analysis (experience with VBA and SQL is a plus) - Excellent communication (both written and verbal) and interpersonal skills - Ability to prioritize and manage multiple competing objectives - Experience in trading or market risk department is a plus

Team Profile: The role will reside within FRM’s Market Risk Department. The Market Risk Management Division (“MRD”) is responsible for the independent identification, analysis, reporting and escalation of all market risk exposures arising from business activities, acting independently of business management and providing an effective challenge process.

About us: Morgan Stanley provides a superior foundation for building a professional career - a place to learn, grow and achieve. You will be exposed to a truly international and multi-cultural environment that appreciates and respects who you are as a person. Our state-of-the-art offices in the City Centre have been designed to maximize collaboration. 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 whom 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.

Learn about our culture and the opportunities for professional growth at Morgan Stanley Budapest:

Build a career with impact. Visit morganstanley.hu or LinkedIn for more information.

Job: *Market Risk

Title: XVA Risk Manager

Location: Europe, Middle East, Africa-Hungary-Budapest-Budapest

Requisition ID: 3257082