Morgan Stanley is a worldwide leader in investment banking and is one of the top firms in mergers and acquisitions (M&A), underwriting of equity and equity-related transactions, corporate debt issuance, and high-yield debt financing. With professionals in 30 countries, we are consistently recognized for our performance in both traditional and innovative financing techniques, helping a wide range of clients around the world to make and execute decisions about their business strategy and financial structure.
This is a junior officer level role within the Investment Banking Division (IBD) Management primarily focused on supporting the team on critical regulatory and risk management projects. Key responsibilities include:
1. CCAR PPNR
a. Key role in developing and updating CCAR (Comprehensive Capital Analysis and Review) documentation for IBD, including but not limited to model development framework, analysis of model output, discussion of model
limitations, planned future enhancements, governance and controls etc.
b. Work closely with model experts to develop, challenge, maintain and enhance CCAR models for IBD
c. Propose and implement process enhancements, coordinate forecasting process with global product leads and oversee the forecasting process for IBD Management
d. Perform qualitative review of IBD PPNR / expense forecast
e. Present IBD PPNR ("Pre-Provision Net Revenues") / expense to IBD division heads
f. Lead discussions and coordination with multiple constituents involved in the CCAR process (i.e. product heads, finance team, internal model validation team, internal audit, etc.)
2. RRP (Recovery and Resolution Plan)
a. IBD primary contact for Firm RRP team
b. Responsible for policy review/update and documentation from IBD perspective
c. Responsible for validating/updating strategy with IBD Management and ensuring IBD compliance with RRP policy/program
3. Risk Management
a. Work closely with the Chief Risk Officer and assist with implementation of IBD Risk Management Framework, including risk identification and assessment
b. Represent IBD on Firm-wide and other internal committees and/or working groups
c. Represent IBD during annual review and update of Firm-wide policies
A little about us:
Since its founding in 1935, Morgan Stanley and its people have helped redefine the meaning of financial services.