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Counterparty Risk Analyst/Associate

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Morgan Stanley

2mo ago

  • Job
    Full-time
    Junior, Mid & Senior Level
  • Data
    Banking & Finance
  • Frankfurt

AI generated summary

  • You need a bachelor's degree, experience with traded products, financial analysis skills, attention to detail, effective communication, and proficiency in MS Office; SQL/Python/R skills are a plus.
  • You will analyze credit risks in transactions, assess counterparty creditworthiness, prepare credit memos, understand macroeconomic impacts, and liaise with various internal teams.

Requirements

  • Bachelor's degree or equivalent
  • Experience in dealing with traded products and the trade approval process i.e. dealing with traders and sales coverage
  • Understanding of financial markets, credit analysis and ability to analyse key risks and mitigants
  • Familiarity with financial products e.g., swaps, FX, equities (preferred) and legal documentation (e.g. ISDA, CSAs)
  • Strong attention to detail and ability to provide information in usable formats (proficiency in Microsoft office, including Excel, PowerPoint and Word)
  • Ability to communicate effectively with a wide range of stakeholders, both written and verbally
  • Ability to work independently in a self-directed way including change initiatives or process improvements
  • Ability to work in a fast-paced environment, often balancing multiple high priority deliverables
  • Strong analytical skills; experience in financial analysis and modelling (preferred)
  • Proficiency in SQL, VBA, Python/R (preferred)
  • Fluency in English is required, plus another European language would be an advantage

Responsibilities

  • Analyze and identify credit risks in transactions (loans & derivatives) and understand the impact these have on our portfolio and risk appetite, follow up on transaction execution to ensure loans/trades are booked correctly
  • Analyze counterparty (FI and Corporates) creditworthiness, assist in managing exposures/limits, identify and quantify risk drivers, prepare credit memos and make recommendations
  • Understand how macro-economic, market and company-specific events and new financial regulation impact the Firm's portfolio, clients and counterparty credit quality
  • Participate in client due diligence meetings to understand their strategy, financial performance and business requirements
  • Liaise as necessary with other Risk and non-Risk groups including Market Risk, XVA, BU Risk, Credit Methodology, Credit Capital, Operations, Legal, and Finance

FAQs

What does the role of a Counterparty Risk Analyst/Associate involve?

The role involves evaluating credit risk transactions, approving or modifying them based on risk mitigation arrangements, assigning Internal Credit Ratings, managing credit risk limits, and monitoring credit risk exposures to report regularly to senior management.

What qualifications are required for this position?

A Bachelor's degree or equivalent is required, along with experience dealing with traded products and an understanding of financial markets and credit analysis.

Which financial products should applicants be familiar with?

Applicants should be familiar with financial products such as swaps, FX, and equities, as well as legal documentation like ISDA and CSAs.

Are there any specific skills that would help in this role?

Strong analytical skills, the ability to work independently, proficiency in SQL, VBA, or Python/R, and fluency in English (with another European language being an advantage) would help in this role.

Is experience in financial analysis and modeling preferred?

Yes, experience in financial analysis and modeling is preferred for this role.

How does this role interact with other departments?

The role involves liaising with various Risk and non-Risk groups including Market Risk, XVA, BU Risk, Credit Methodology, Credit Capital, Operations, Legal, and Finance.

Can I apply for internal mobility within the firm?

Yes, internal mobility is encouraged after being in your position for at least 18 months and performing satisfactorily.

What type of working environment can I expect?

You can expect a fast-paced environment that requires balancing multiple high-priority deliverables, along with a supportive and inclusive culture.

Does Morgan Stanley offer flexible working arrangements?

Yes, Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements.

Does the firm support diversity and inclusion?

Yes, Morgan Stanley is committed to fostering a diverse and inclusive environment where individuals can maximize their full potential, reflecting a variety of backgrounds and perspectives.

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Morgan Stanley

Finance
Industry
10,001+
Employees
1935
Founded Year

Mission & Purpose

Morgan Stanley mobilizes capital to help governments, corporations, institutions and individuals around the world achieve their financial goals. For over 85 years, the firm’s reputation for using innovative thinking to solve complex problems has been well earned and rarely matched. A consistent industry leader throughout decades of dramatic change in modern finance, Morgan Stanley will continue to break new ground in advising, serving and providing new opportunities for its clients. Morgan Stanley is committed to maintaining the first-class service and high standard of excellence that have always defined the firm. At its foundation are five core values — put clients first, do the right thing, lead with exceptional ideas, commit to diversity and inclusion, and give back — that guide its more than 70,000+ employees across 41 countries.