We’re seeking a Team Lead to join our Fixed Income Traded Credit and Securitized Products Team in Budapest.

What aspects of life are not subject to risk? Are you a risk taker or risk averse? As part of our risk management department, you will be at the centre of our business, as we're seeking a Team Lead to cover Fixed Income Traded Credit and Securitized Products, working in the wider Market Risk team.

Since 1935, Morgan Stanley is known as a global leader in financial services, continuously 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:

• Be part of a global team that provides independent oversight and assessment of Micro risk including Credit Trading, Credit Lending, Securitized Products, Agencies, Municipals, SSG Trading, TRS Financing

• 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

• Manage regular delivery of risk and stress test submissions together with five direct reports in Budapest. Engage with functional management in other locations to maintain high quality contribution to the Global team

• Constantly develop expertise in Micro risk management, including products, models, macroeconomics and trading flows of main market participants

• Develop strong expertise in Stress Testing and Value-at-Risk (VaR) framework, processes, and economic drivers

• Take part in the strategic development and improvement of risk methodologies and tooling (with focus on effectiveness and efficiencies by automation)

• Create ad hoc analysis and take part in senior management communication

• 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

What you’ll bring to the role:

• Bachelor’s or higher degree in fields such as finance, economics, or equivalent

• Strong knowledge of financial products, including risk management concepts (e.g. Financial Greeks and VaR)

• Strong analytical, problem-solving skills and attention to details

• Excellent communication (both written and verbal) and interpersonal skills

• Ability to prioritize and manage multiple competing objectives

• Experience in trading or risk department

• Experience in people management

#BPREP #LI-hybrid #LI-JL1

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.