Operational Risk Scenario Analysis Intern (Budapest)

Are you interested in operational risk topics like cyber-attacks, reporting errors, thefts and many more? As a member in our team, you will be at the centre of our business.

Operational Risk(OR) Scenario Analysis Team provides support to coverage officers in timely management of operational risk scenario workshops as well as calculation of scenarios, such as Cyber Attacks, Business Disruption Events or Transaction Errors and many more. The team also supports framework improvements, capital calculationsand helps in the management of OR applications used to run Scenario Analysis Program.

This current opportunity will give you an insight in how banks assess tail risks, manage capital and risk for regulatory and business purposes. You will be able to work in a flexible work arrangement, 20-40 hours per week.

We offer:

- The chance to work in the Non-Financial Risk Department of one of the world's top tier Financial Institutions and gain first-hand insight into our business

- The ability to grow and shape your own career and work on real business problems

- 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

- Opportunity to participate in the firm’s networking events

You will:

- Contribute to the firmwide Scenario Analysis Program

- Produce exploratory data analysis on operational risk data

- Establish the relationship between driver and loss impact

- Identify scenario storylines and measure associated loss impact

- Partner collaboratively with other groups in the development of Scenario Analysis technology

- Design visual representation of data and results

You have:

- Ongoing Universitystudies and interest in a quantitative field such as Finance, Economics, Mathematics or Business

- Knowledge of Microsoft Office, especially Excel and Power Point

- Strong problem-solving and analytical skills

- Good command of spoken and written English

- Collaborative / Team player mindset - ability to prioritize and work effectively with colleagues to meet a common goal

- Interest to study identification of operational risk, measuring potential losses, managing risk, method of capital modelling, natural language processing

Application process:

If you are interested in the above opportunity, please apply here by submitting your English CV.

Although application deadlines are in place, you are advised to apply early as we recruit on an ongoing basis.

About us:

Morgan Stanley is a global financial services firm and a market leader in investment banking, securities, investment management and wealth management services.

At Morgan Stanley Budapest, we are shaping the future of our global business and contributing to our local community. Our team works across numerous areas, including Technology, Mathematical Modelling, Finance, Risk Management, Operations and Data & Analytics from our new state-of-the-art offices near the Danube.

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 maximise 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.