Background on the Position
The role resides within FRM's Stress Testing Portfolio Team to support the Firm's stress testing and capital planning initiatives related to scenario design, contributing to broad stress testing activities and assisting with administering the governance framework and documentation processes.

This position offers opportunities to gain exposure to all aspects of stress testing and capital planning and to a variety of business units and risk professionals across the organization. The group works in close collaboration with subject matter experts in Market Risk, Credit Risk, Capital, Risk Analytics, Model Risk Management as well as other departments within the Firm.

Primary Responsibilities
> Provide analytical support for quarterly and ad hoc updates of stress scenarios, including preparation of macroeconomic variable path charts and performing consistency checks, project management, scenario development, governance and review and challenge
> Keep abreast of current events and participate in review of external environment and risk profile and scenario design implications
> Conduct data analysis and prepare succinct presentations for governance committees and senior management
> Provide ad hoc support related to scenario design, including but not limited to regulatory feedback, internal audit, and independent reviews
> Assist with identifying and implementing efficiency improvements throughout the scenario design process
> Assist with maintaining scenario design procedures and help ensure adequate controls are performed across the scenario development process
> Attend scenario design sessions with key stakeholders across regions and legal entities Experience
> 3+ years of experience in stress testing or macroeconomic research preferred
> Undergraduate or graduate degree in economics, finance or related field
> Familiarity with economic research and stress testing regulatory requirements
> Strong project management, interpersonal and communication skills, written and verbal
> Attention to detail and ability to prioritize projects and workload
> Experience working under pressure and performing to tight deadlines
> Proficiency in Microsoft Office PowerPoint, Excel and Word

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.

Expected base pay rates for the role will be between $100,000 and $140,000 year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).