Credit Risk Management - Vice President

We’re seeking a risk professional to join Firm Risk Management’s Credit Risk Management department in Budapest at Vice President level.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.The role will reside within FRM’s Credit Risk Management Department in Budapest and will support the Corporates Lending team Credit Risk Management (CRM) evaluates credit risk transactions and approves rejects or modifies them considering the availability and appropriateness of arrangements for reducing risk or risk mitigation.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 RoleLead a team of 3-5 credit risk analystsManage portfolio of corporate loan and derivative counterpartiesAnalyse credit risks in corporate loan transactions and derivative trade requests to recommend accurate credit risk ratings and appropriate risk appetiteAssume key role in loan transaction execution, from deal inception to financial close, including presentation at credit committee and to senior managementPrepare and oversee documentation for credit decisions, including credit memos, detailed financial forecasts, and credit risk rating modelsMaintain an active view of single name, sector, and industry trends and ongoing communication with senior stakeholders and onsite regulatory teamOrganize team’s daily tasks and responsibilitiesSet team goals and encourage efficiencies through changes to work processesCover all aspects of people management including recruitment, training, and performance managementWhat You'll Bring To The RoleBachelors degree or equivalent5+ years of experience in corporate credit analysis and financial forecasting, assigning ratings and sizing appetiteUnderstanding of financial markets, financing instruments, associated legal documentation and risk mitigating structuresStrong verbal and written communication skillsStrong analytical skills; experience in financial analysis and modelling (preferred)Strong attention to detail and ability to provide information in usable formats (proficiency in Microsoft office, including Excel, PowerPoint and Word)Additional Skills (nice To Have)Experience developing and managing junior talentFamiliarity with financial products e.g., swaps, FX, equities (preferred) and legal documentation (e.g. ISDA, CSAs)Experience in the European regulatory landscape and interactions with regulatorsWhat You Can Expect From Morgan StanleyWe are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t 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, you’ll 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. There’s 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.What You Can Expect From Morgan StanleyWe are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t 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, you’ll 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. There’s 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 RequirementsIf 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 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.