Risk Capital Vice President
Frankfurt

3256351

The Risk Control, Stress Testing and Capital function within Firm Risk Management is looking for a Risk Capital Vice President to join the team, based in Frankfurt, Germany. The role holder will play a central role in delivering on a wide variety of capital requirements reporting processes as well as supporting initiatives including regulatory developments, capital methodology, capital assessment and forecasting, and capital impact analysis of strategic business initiatives. The role focuses primarily on market and CVA risk across EMEA legal entities under ECB and PRA capital regimes, with additional responsibilities for Risk Capital framework in EU-based legal entity.

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?

• Maintain and develop the framework for own funds requirements calculations and reporting across market risk and CVA risk across EMEA legal entities under the ECB/PRA regimes for risk exposures covered by the advanced model permissions / FRTB SA
• Own Risk Capital framework for EU-based legal entity, including process and control framework, procedures and outsourcing
• Deliver comprehensive analytical review and provide insightful commentary explaining capital requirements to key internal and external stakeholders
• Participate in and contribute to the delivery of large, complex regulatory projects including internal model permission applications, CRR3 implementation (including FRTB) and Trading activity wind-down
• Contribute to the Internal Capital Adequacy Assessment Process (ICAAP) and other capital forecasting and capital planning exercises, e.g. recovery and resolution planning
• Represent Risk Capital function in interactions with EMEA regulatory authorities, including preparation of materials and participation in the regulatory meetings, providing clear and concise responses to information requests
• Support self-assessment of compliance with prudential regulations and contribute to the development of internal policies and procedures
• Support business initiatives in providing regulatory capital impact of large transactions and new products Collaborate effectively in a diverse team spread across multiple locations
  

Skills that will help you in the role:

• Strong organisational skills with the ability to multitask and prioritise as well as to work under pressure and to tight deadlines
• Confidence to take ideas forward and to challenge others, where appropriate, with experience in influencing, facilitating and gaining consensus
• Strong verbal and written communication skills with ability to effectively engage with a wide range of stakeholders and senior management, including presenting to risk committees
• Ability to work in a small team environment, building and maintain a network of contacts and collaborating with a large number of stakeholders
• Fluency in English is required, with German as an advantage

Where will you be working?

Firm Risk Management (FRM) supports Morgan Stanley to achieve 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 credit, market, liquidity, operational, model and other risks.

Flexible work statement:

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.

Internal Applicants:

Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here .

Equal opportunities statement:

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize 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.