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**XVA Market Risk Manager** at Morgan Stanley in Budapest. Key responsibilities include overseeing XVA risk (CVA, FVA, others), monitoring live financial markets, developing extensive risk management expertise, reviewing limits and reports, mastering stress testing and VaR, collaborating globally.
- Compensation
- Not specified
- City
- London, New York City, Frankfurt, Paris, Mumbai, Hong Kong, Singapore
- Country
- Hungary, United States, United Kingdom, France, Germany, India, Hong Kong, Singapore
Currency: Not specified
Full Job Description
We are seeking an XVA Market Risk Manager to join our Market Risk Department, based in Budapest. As a member of our Market Risk Team, you will be involved in the identification, analysis, reporting and escalation of market risk exposures arising from business activities.
In the Firm Risk Management division, we advise businesses across the Firm on risk mitigation strategies, develop tools to analyse and monitor risks and lead key regulatory initiatives.
Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
What you'll do in the role:
Join EMEA XVA Coverage team which oversees the risk of Firms CVA (Credit Valuation Adjustment), FVA (Funding Valuation Adjustment), and other XVAs
Monitor live financial markets and assess the market impact on Morgan Stanleys portfolio, gaining valuable insight into market dynamics
Develop strong expertise in risk management, including products, models, macroeconomics and trading flows of main market participants
Review limit and reporting frameworks to ensure appropriateness considering risk appetite, business strategy and market conditions
Gain in-depth knowledge of Stress Testing and VaR framework, and economic drivers
Collaborate directly with a diverse set of stakeholders such as other risk managers, stress testing teams, traders, quantitative analysts, IT personnel across Budapest, New York, London, Frankfurt, Paris, Mumbai, Hong Kong and Singapore
What you'll bring to the role:
Bachelors degree or higher in finance, mathematics, science, economics, or a related discipline
Strong understanding of financial products and risk management concepts, including Financial Greeks and Value at Risk (VaR)
Technical proficiency in data analysis; experience with Python or SQL is advantageous
Excellent written and verbal communication skills
Ability to prioritize and manage multiple competing objectives effectively
Experience within a trading or market risk department is a plus
#LI-hybrid #LI-JL01
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
At Morgan Stanley, we raise, manage and allocate capital for our clients helping them reach their goals. We do it in a way thats differentiated and weve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - arent just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, youll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. Theres also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.
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.
Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.
