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13/03 Ashrita Srivastav
Senior Consultant at Morgan Stanley

Views:584 Applications:95 Rec. Actions:Recruiter Actions:1

Morgan Stanley - Director - Credit Risk Data Control (7-11 yrs)

Mumbai Job Code: 1232573

Credit Risk Data Control - Director

Background on the Position :

- The Credit Risk Data Control team is currently seeking a Director level candidate based in Mumbai, India.

- This role is an exciting opportunity in the existing Credit Risk Data Control team to support the growth in Mumbai.

- The role will help to redefine CRM's data management processes to meet the Firm's Data Policy requirements and Regulatory expectations.

- The role will include significant collaboration with partners across the globe, particularly in New York, Budapest, and London.

- The candidate selected for the role will need to balance technical skills, business knowledge, process management, and people skills to navigate the technical and organizational hurdles of shepherding critical risk management data throughout the firm.

Functional responsibilities :

- Traded products subject matter expertise and Credit risk exposure calculation subject matter expertise

- Comfort with derivative products and how they contribute to credit risk exposure and capital calculations

- Familiarity with Monte Carlo simulation methodology and its application to calculate metrics such as EEPE and PFE.

- Ability to provide innovative solutions for investigations for exposure changes and adjustment solutions for tactical fixes.

- Excellent technical skills, including database fluency and comfort working with large datasets via SQL; other programming experience a plus

- Work with data providers to establish metrics (KPIs) to evaluate accuracy of Credit Risk data along several dimensions (including accuracy, timeliness, and completeness)

- Remediate data issues by proactively engaging with various stakeholders including Credit Risk Management, upstream data providers, and Business Units

People Management and Lead Responsibilities :

- Provide local leadership over the Mumbai-based Credit Risk Data Control team (8+ members)

- Participate in Data Governance processes and forums

- Assist with preparation of Regulatory Reporting submissions such as BIS I-I, FRY 14Q Counterparty Schedule L and Wholesale Risk Schedule H.1 (CCAR)

- Support transaction testing requests from internal (e.g., Internal Audit and Risk Process Validation Group) and external parties (various Regulators)

- Establish relationships with upstream system owners / data providers, Model developers, Credit officers and Risk Engine infrastructure owners to be able to understand data issues and their impact on downstream calculations.

- Enhance Credit Risk data management process to meet the Firm's Data Policy requirements and Regulatory expectations (such as those established by BCBS239

Women-friendly workplace:

Maternity and Paternity Benefits

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