Credit Risk Executive Director

Morgan Stanley
New York, US
Full-time

Credit Risk Executive Director

Job Number : 3259772

3259772

Posting Date

Sep 30, 2024

Primary Location

Europe, Middle East, Africa-Germany-Germany-FrankfurtEducation Level : Master's Degree

Credit RiskEmployment Type : Full TimeJob Level : Executive Director

Description

Credit Risk Executive Director

Frankfurt

3259772

The role will reside within FRM's Credit Risk Management Department, reporting to the Head of Risk of Morgan Stanley Europe.

Credit Risk Management (CRM) is responsible for the independent identification, analysis, reporting and escalation of all credit risk exposures arising from business activities, acting independently of business management and providing an effective challenge process.

The role holder will lead a team located in Frankfurt with support from personnel in our Budapest service centre, and interact closely with the equivalent teams in London and New York.

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic.

We can provide a superior foundation for building a professional career a place for people to learn, to achieve and grow.

A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

What will you be doing?

  • Oversight of the credit analysis and risk management for counterparties and borrowers, in particular the setting and independent monitoring of portfolio and single name risk appetite and the development and maintenance of credit limit frameworks consistent with the risk appetite statement
  • Assessment, challenge and approval of counterparty credit and lending transactions up to the role-holder's level of approval authority and advise the CRO and Firmwide risk organization, as appropriate, on significant risk transactions and credit risk issues
  • Review and challenge the integrity and reliability of credit risk metrics and reporting
  • Understanding of the credit risk control framework and credit risk profile from both a current and forward looking view, and deliver recommendations on credit risk management strategies
  • Oversight and development of appropriate stress tests to assess credit vulnerabilities and contribute to the internal capital adequacy assessment process (ICAAP)
  • Understanding and oversight of the Firm's internal credit risk capital models (IMM and IRB)
  • Ensure the function complies with relevant rules and regulation and where necessary attests to compliance with these rules
  • Lead interactions with regulators and other stakeholders and provide accurate and timely submissions

Qualifications

6 days ago
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