Analyst 1, Risk Management

We are seeking an Analyst to join the Credit Risk Management team in Latin America, based in São Paulo. The role will focus on the coverage of financial institutions, with primary exposure to Brazil and broader LATAM markets.

The successful candidate will perform fundamental credit analysis of banks and non-bank financial institutions, support transaction approvals across products, and actively monitor a diversified portfolio of counterparties.

The role provides significant exposure to senior stakeholders across Front Office and Risk, as well as interaction with global teams in a dynamic, transaction driven environment.

Key Responsibilities

Fundamental Credit Analysis

• Conduct detailed credit analysis of financial institution counterparties, including banks, broker dealers and non-bank FIs
• Analyze financial statements, capital adequacy, asset quality, funding and liquidity profiles, and profitability metrics
• Assess probability of default, loss given default, and assign internal risk ratings
• Prepare clear, concise credit memoranda and present recommendations to approval committees

Transaction Review & Approval

• Evaluate counterparty risk across lending, capital markets and derivatives transactions
• Partner with Front Office to assess risk/return profiles and propose appropriate risk limits
• Support onboarding and due diligence of new counterparties

Portfolio Monitoring & Risk Management

• Monitor portfolio performance, including financial trends, market developments and external rating actions
• Identify early warning signals, including liquidity pressures, asset quality deterioration and capital deterioration
• Propose and implement risk mitigation actions where appropriate
• Maintain timely and accurate credit reviews and internal documentation

Stakeholder Management

• Collaborate closely with Coverage, Trading, Legal, Compliance and other control functions
• Interface with regional and global Risk teams to ensure consistency in risk frameworks and decisions

Risk Governance & Controls

• Ensure adherence to internal risk policies, regulatory requirements and governance standards
• Contribute to internal reporting, risk committees and audit-related processes

Qualifications

• Bachelor’s degree in Finance, Economics, Engineering or related disciplines
• Up to 3 years of experience in Credit Risk, Corporate Banking, Investment Banking or related areas
• Strong experience in financial statement analysis and credit fundamentals
• Solid understanding of financial institution credit, including bank balance sheet dynamics
• Knowledge of derivatives and counterparty risk exposure is a plus
• Advanced Excel skills; financial modeling experience preferred

Skills & Competencies

• Strong analytical and quantitative skills
• Ability to synthesize complex information and present clear risk recommendations
• High attention to detail and strong risk discipline
• Effective communication and stakeholder management skills
• Ability to work under pressure in a fast-paced, global environment

Why Join the Team

• Exposure to a broad range of financial institution credits across Latin America
• Close interaction with senior stakeholders and global teams
• Opportunity to build deep expertise in credit risk within a leading global institution
• Dynamic and collaborative environment with strong learning and development opportunities

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.

We're committed to bringing passion and customer focus to the business.

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.