Derivatives Credit Risk Analytics Lead
Morgan Stanley · Budapest, Hungary · 10d ago
We’re seeking someone to join our Regulatory Control team as a Derivatives Credit Risk Analytics Lead.
Join Morgan Stanley’s Finance Division in Budapest and take on a senior, high-impact role at the intersection of Regulatory Capital, Risk Analytics, Stress Testing, and Finance Transformation. As a Derivatives Credit Risk Analytics Lead, you will act as a subject matter expert for derivatives credit RWA calculations and reporting, helping strengthen governance, controls, and data-driven decision-making across a global platform.
This is an excellent opportunity for an experienced professional from regulatory capital, market risk, counterparty credit risk, stress testing, risk reporting, model governance, or finance control who is ready to step into a visible role with senior stakeholder exposure and real business impact.
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:
Serve as a subject matter expert for SA-CCR RWA calculations and derivatives counterparty credit risk, including governance, controls, and oversight.
Analyze derivative portfolios to explain key movements in counterparty credit exposure, RWA, and capital consumption.
Support Basel III Endgame initiatives, including SA-CCR and BA-CVA calculations and impact analysis for derivatives portfolios.
Provide senior stakeholders and Business Units with data-driven insights on capital usage, portfolio trends, and risk-adjusted business decisions.
Oversee regulatory capital reporting for daily monitoring, external reporting, internal management reporting, and Business Unit reporting.
Support CCAR and Quarterly Stress Testing forecasting for derivatives, including scenario analysis, forecasting, and engagement with Model Risk Management.
Partner with Risk, Finance, Regulatory Policy, Technology, Data, and Business teams to improve CCR analytics, data quality, and reporting infrastructure.
Drive enhancements to controls, governance, automation, and process design to increase transparency and efficiency.
Support regulatory, audit, and internal review requests with robust analysis, clear documentation, and strong control evidence.
What you'll bring to the role:
10+ years of experience ideally with strong exposure to regulatory capital, counterparty credit risk, derivatives risk, market risk, stress testing, capital analytics, or finance control.
Solid understanding of Basel capital frameworks and derivatives products, ideally including SA-CCR, BA-CVA, FRTB, or CCAR.
Strong analytical mindset with the ability to translate complex risk and regulatory topics into clear business insights.
Experience working with large datasets, capital calculations, controls, reporting processes, or model governance activities.
Confidence in partnering with senior stakeholders across Finance, Risk, Technology, Model Risk, and Business teams.
Excellent communication skills with the ability to explain technical topics clearly to diverse audiences.
A continuous improvement mindset, with a keen interest in automation, data quality, and scalable process design.
Proficiency in SQL, Alteryx, VBA, Excel, Bloomberg, Python, or AI-enabled analytics is an advantage.
Degree in Accounting, Finance, Economics, or a related field preferred.
Why join us:
Take ownership of a senior Budapest-based role with strong global visibility
Apply your derivatives and counterparty credit risk expertise to strategic capital decisions
Work on high-priority initiatives linked to SA-CCR, BA-CVA, Basel III Endgame, and stress testing
Collaborate with international teams across Risk, Finance, Technology, Data, and Business Units
Build your career in a high-performing environment that values technical expertise, ownership, innovation, and continuous improvement
#LI-MB1 #BPACC #LI-hybrid
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 that’s differentiated – and we’ve 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 - 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 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.