About Firm Risk Management Team
Morgan Stanley’s 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.
FRM is looking to hire a Summer Intern to join their division based in Mumbai, India. The intern will work closely with teams at all levels of the organization within and outside of FRM, including frequent communication with various stakeholders in US/Europe/Asia Pacific.
Depending on business needs, the selected individual will get an opportunity to work in any of the below risk strips but not limited to:
Credit Risk Management department (CRM) within FRM protects the firm from exposure to losses resulting from defaults by our lending and trading counterparties for our institutional as well wealth management clients. The team is responsible for ensuring that Credit Risk data is of high quality and supports sound risk management decisions and meets regulatory expectations. In addition, the team is responsible for credit limit monitoring and reporting, providing change management support, and developing tools to assist in automation and representation of credit risk information to management.
Liquidity Risk team in Mumbai provides analysis and reporting to support independent oversight of the Firm’s business activities to ensure that the size and composition of the Firm’s funding and liquidity resources are adequate in amount and quality.
Electronic Trading Risk team in Mumbai provides analysis and reporting to support independent oversight of the Firm’s electronic trading activity. The team is responsible for limit monitoring and reporting, providing business and key event analysis and developing tools to assist in automation and monitoring of key risk metrics
Risk Data and Strategy (RD&S) team within FRM is responsible for the development and promotion of data standards, governance, and monitoring of the Risk Data Domains to evidence compliance with Risk Data Policy and the BCBS 239 Principles. RD&S provides strategic partnership across Firm Risk to enhance Risk Data management. The team is responsible for creating and maintaining the Global Risk Data Policy, and for reviewing proposed country, legal entity or risk domain specific Risk Data policies or procedures to ensure congruency and alignment across FRM.
Risk Analysis and Reporting is a critical component of FRM, responsible for performing detailed risk analysis, creating comprehensive risk reporting, and designing and implementing strategic reporting solutions.
Roles and Responsibilities
What We Look For
• Bachelor’s degree in Finance, Economics, Science, or related disciplines.
• Pursuing MBA in Finance/Technology.
• Good understanding of risk management concepts and financial products.
• Excellent written and verbal communication skills.
• Strong organization skills with the ability to multitask and prioritize, comfortable working under pressure and on tight deadlines.
• Strong analytical skills and high attention to details.
• Good working knowledge in Power Point and Excel.
• Good to have skills: VBA, SQL querying, Python, Power BI, Tableau.