• Regulatory Modeling Analyst Jobs in Hungary - 25367350

  • Morgan Stanley Pvt Ltd
  • Hungary
  • Save Job
  • 0 - 3 Years
  • Posted : above 1 month

Job Description:

Regulatory Modeling Analyst

Job Number 3133825

Primary Location Europe, Middle East, Africa-Hungary-Budapest-Budapest

Education Level Bachelors Degree

Job Quantitative Strategies

Employment Type Contract Consultant

Job Level Consultant

Description

We are currently looking for Regulatory Modeling Analysts in our Budapest Office

Responsibilities

- Understand the firm`s front office models
- Implement model testing in stress scenario
- Analyze model errors
- Implement and test model improvements
- Write model documentation and contribute to the model certification process
- Be open to learn about the firm`s business processes

About the Team

Embedded Desk Strategist (Strat) teams reside within our Sales & Trading businesses including Equity, Fixed Income, and Commodities as well as our Banking businesses including Investment Banking and Global Capital Markets The Modeling team and other project based teams such as Core Analytics and Core Electronic Trading provide quantitative solutions to multiple businesses, and also provide revenue-generating activities that are centered on financial analytics

The Regulatory Modeling team focuses on modeling issues arising from Regulators, including the firm`s obligations regarding to Comprehensive Capital Analysis and Review (CCAR) Regulators require Morgan Stanley to perform an annual stress testing exercise The goal of this exercise is to assess the bank`s capital plan, in order to make sure that in the event of a market crisis the bank would have enough capital to cover losses As part of stress testing, the bank calculates its loss on all positions under the given stress scenarios This calculation is performed using front office models sophisticated code designed to value financial contracts

The candidate will work closely together with trading desks, credit, market and model risk management teams, controller as well as technology teams As a consequence their activities on one hand require deep understanding of high level mathematical models, and also include everyday cooperation with global teams Staff typically has background in Mathematics, Physics, Engineering, Finance or Economic Sciences, Informatics or Computer Sciences or other related quantitative areas

Qualifications

Skills Required

- MSc or BSc in mathematical finance, mathematics, physics, statistics, engineering, computer science, informatics or similar quantitative area

- Confident command of English
- Solid knowledge of basic probability theory
- Solid mathematical foundations
- Genuine interest in finance, statistics and technology
- Sensitivity to details, accuracy in everyday work

Morgan Stanley is an equal opportunities employer We work to provide a supportive and inclusive environment where all individuals can maximise 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 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

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Financial Services/Stockbroking
Functional Area : Teaching/Education
Role : Teacher
Salary : As per Industry Standards
Deadline : 09th Jun 2020

Key Skills:

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