We are seeking a Credit Risk Manager to support the Credit Risk teamwithin the Credit Risk Department, based in Budapest.
In the Firm Risk Management division, we advise businesses across the Firm on risk mitigation strategies, develop tools to analyse and monitor risks and lead key regulatory initiatives.
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:
Leadership & Team Development: Lead and grow a team of 3–5 credit risk analysts, setting clear priorities, driving performance, and building a strong, collaborative culture
Portfolio & Risk Ownership: Own a portfolio of corporate loans and derivative counterparties, maintaining a proactive view on exposure, performance, and emerging risks
- Credit Risk Decisioning: Assess transactions and trade requests to determine credit ratings and risk appetite, ensuring sound and consistent decision-making
- Transaction Execution: Lead deal delivery end-to-end—from structuring through approval and financial close—including presenting to credit committees and senior stakeholders
- Financial Analysis & Documentation: Deliver clear, high-quality credit materials (memos, forecasts, models) that support effective risk decisions
- Market & Regulatory Insight: Stay ahead of industry trends and regulatory expectations, partnering closely with stakeholders and regulatory teams
- Process Excellence: Drive efficiency by improving workflows, enhancing delivery standards, and embedding best practices across the team
- People Management: Own hiring, coaching, and performance management—developing talent and building future-ready teams
What you'll bring to the role:
- Strong experience in corporate credit analysis, financial forecasting, and risk rating
- Solid understanding of financial markets, lending products, and legal documentation
- Advanced analytical and financial modelling skills
- Confident communication and stakeholder management ability
- Strong attention to detail with high-quality output delivery
Nice to have:
- Experience developing junior talent
- Familiarity with derivatives (swaps, FX, equities) and ISDA/CSA documentation
- Exposure to European regulatory environment
#AMS #LI-JL1 #BPDBA #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.
Skills Required
- Corporate credit analysis, financial forecasting, and risk rating experience
- Solid understanding of financial markets, lending products, and legal documentation
- Advanced analytical and financial modelling skills
- Confident communication and stakeholder management ability
- Strong attention to detail with high-quality output delivery
- Experience leading and growing a team including hiring, coaching, and performance management
- Experience developing junior talent
- Familiarity with derivatives (swaps, FX, equities) and ISDA/CSA documentation
- Exposure to the European regulatory environment
Morgan Stanley Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Morgan Stanley and has not been reviewed or approved by Morgan Stanley.
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Parental & Family Support — Family support is extensive, with paid parental leave for all parents, adoption and fertility assistance, backup childcare, and eldercare resources. Feedback suggests these programs meaningfully enhance the overall package and help with retention.
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Healthcare Strength — Health coverage spans medical, dental, vision, mental‑health access, care navigation, and expert second opinions. Convenient primary care access and condition‑specific support reinforce the depth of healthcare coverage.
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Equity Value & Accessibility — Equity compensation and stock ownership are positioned as core motivators that encourage commitment and retention. Feedback suggests education and support are provided to help participants manage equity and related financial benefits.
Morgan Stanley Insights
What We Do
Morgan Stanley mobilizes capital to help governments, corporations, institutions and individuals around the world achieve their financial goals. For over 85 years, the firm’s reputation for using innovative thinking to solve complex problems has been well earned and rarely matched. A consistent industry leader throughout decades of dramatic change in modern finance, Morgan Stanley will continue to break new ground in advising, serving and providing new opportunities for its clients. Morgan Stanley is committed to maintaining the first-class service and high standard of excellence that have always defined the firm. At its 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 its more than 60,000 employees in 1,200 offices across 41 countries.
