Credit Risk Business Analyst – Data Strategy(Credit Risk Division) - Mumbai, India - Morgan Stanley

Description

Credit Risk Business Analyst – Data Strategy(Credit Risk Division)

Job Number:

Posting Date

:Mar 26, 2024

Primary Location

:Non-Japan Asia-India-India-Mumbai (MSA)Education Level:Bachelor's Degree

Job

:Credit RiskEmployment Type:Full TimeJob Level:Associate Description

Credit Risk Business Associate – Data Office

Background on the Position

The role will reside within the Morgan Stanley Credit Risk Data Office team within the Credit Risk department.The Credit Data Office is responsible for the implementation of data standards, governance, and monitoring of data Credit Risk consumes to evidence compliance with Risk Data Policy and the BCBS 239 Principles. The Credit Data Office identifies data areas causing challenges to the running of the Credit Risk processes and proposes long term solutions to improve Credit Risk Data Management. The team is responsible for implementing the Global Risk Data Policy and its related procedures.

The Credit Data Office seeks an Associate for a Mumbai-based role.The selected candidate will be part of a team focused on partnering with Firm Risk Management functions as well as other areas of the bank including the Firm Data Office, IT teams, Operations and Finance to develop and drive strategic solutions for process efficiency and data management challenges. The team's remit also includes initiatives related to the Firm's overall compliance with RDA principles, regulatory requirements, strategic projects as well as Credit Risk compliance with the Risk Data Policy.

To be successful, candidates will benefit from relevant experience, an ability to quickly build/maintain strong internal network/relationships across businesses and control functions, superior communication skills, and a strong desire to learn. The applicant should have a minimum of five years+ experience at a financial institution or consulting firm, preferably in a risk, finance, operations, compliance, or regulatory function. Prior data governance/data management. risk management experience and knowledge of financial market data would be a plus.

Primary job responsibilities expected to include:

·Support Credit Data Initiatives

· Implement Global Data Policy and BCBS239 requirements across Credit.

·Drive execution of complex strategic risk data compliance projects autonomously

·Engage risk coverage teams to identify and document risk data ownership, authority, sourcing, controls, and quality metrics.

·Support FRM's BCBS239 compliance evaluation through an evidence based FRM-wide assessment program.

·Identify and work on areas for improvement in processes related to risk data management incl. identification of data issues.

·Senior management reporting and presentations

·Facilitate the automation of KPIs to senior management forums.

·Implement and maintain a new Credit System Data Dictionary

·Keeping updated on large data projects' progress upstream of Risk systems

Qualifications

Skills desired include:

·Bachelor's degree or above in Finance, Economics, Science, or related disciplines

·5 years+ of work experience in the financial services industry particularly in risk management, finance, operation, or equivalent experience is preferred.

·Good understanding of risk management concepts and financial products.

·Experience in Data Management and/or Data Governance.

·Strong organizational and/or project management skills.

·Strong collaboration, relationship building and teamwork skills.

·Ability to prioritize projects, meet tight deadlines and deliver high quality work in a fast-paced environment.

·Excellent written and verbal communication skills.

·High attention to details.

·Good working knowledge of Power Point, Excel, and Power BI (PBI development skills preferred).

·Nice to have: Collibra, SQL querying.