Firm Risk Management (FRM)FRM supports Morgan Stanley (the Firm) in achieving 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 financial risks, including credit, market, liquidity, and model risks.
Background on the PositionThe role will reside within FRM's Chief Operating Officer (COO) area, which is a team focused on Regulatory Risk and Governance, Climate Risk, Stress Testing, Risk Data Management, Risk Reporting, Operational Controls and Administration responsibilities. This is a regional role primarily responsible for supporting the COO in Stress Testing and Risk Data Management. This role may also be responsible for supporting other COO functions and ad-hoc projects. The COO team has dedicated resources and is based across multiple locations in Singapore, Hong Kong, China & Tokyo and collaborates with the various risk stripes across the FRM department in Asia and with Global teams.
Primary Responsibilities- Liaising with regional risk and global teams on reviewing the Firm's stress testing scenarios and ensuring adherence to the regional governance process.
- Work with risk reporting team on regional stress results reporting including reviewing and approving changes made to reporting template as well as consolidating portfolio analysis from regional risk team.
- Support regional stress testing projects including stress gap analysis, stress testing enhancements, capital planning and policy updates.
- Coordinate and review annual portfolio limits review.
- Ensure/review adherence to regional stress testing regulatory requirements.
- Driving risk data strategy and governance including global policy implementation.
- Support data working groups including meeting materials preparation.
- Providing support to legal entity / country risk officers in maintaining strong risk and control environment through policies and procedures and automation of reporting.
- Work with local risk teams and global teams on model, EUC and tool review.
Experience- Bachelor's Degree or equivalent with strong analytical and communication skills.
- Sound knowledge in financial markets products across fixed income, equities, FX, and commodities.
- Min. Experience of 10 years in Enterprise Risk Management, stress testing or data governance / strategy roles.
- Strong influencing skills with a proven ability to interact at a high level effectively and professionally with Senior and Executive management.