We are seeking a Market Risk Manager to join the Fixed Income Division (FID) Trading Risk (TRM) team in Budapest. You will partner with colleagues across Fixed Income globally to identify, measure, monitor, and manage market risks across a range of products and asset classes while gaining exposure to global markets, capital management, and regulatory frameworks.
Since 1935, Morgan Stanley has been recognized as a global leader in financial services, continuously evolving and innovating to better serve clients and communities in more than 40 countries worldwide.
What you'll do in the role
- Monitor market risk exposures across Fixed Income businesses and assess the impact of market events and changing market conditions.
- Analyze trading portfolios and risk metrics to identify and escalate trends, concentrations, and emerging risks.
- Develop expertise in financial products, valuation methodologies, risk measures, and market dynamics.
- Build tools and dash boards to automate processes and improve the risk reporting infrastructure
- Design and support scenario analyses and stresses, and other risk measurement processes.
- Investigate significant market moves and explain portfolio PnL performance and risk changes to senior stakeholders.
- Partner with finance, strats, technology, and second line risk function to enhance risk management processes and controls.
- Collaborate with global teams across Budapest and the largest financial centers of the world.
What you'll bring to the role
- Bachelor's degree or higher in Finance, Mathematics, Economics, Engineering, Physics, Computer Science, or a related quantitative discipline.
- Understanding of financial markets, fixed income products, and market risk management concepts.
- Knowledge of risk metrics such as VaR, sensitivities (Greeks), stress testing, and scenario analysis.
- Strong analytical and problem-solving skills with the ability to interpret complex data and identify key drivers of risk.
- Technical proficiency in data analysis; experience with programming (Python, SQL or similar) and the use of artificial intelligence
- Excellent written and verbal communication skills.
- Ability to prioritize competing demands and work effectively in a fast-paced environment.
- Experience in market risk, front office, quantitative analysis, trading, treasury, or a related financial markets function is a plus.
#LI-NB1 #LI-hybrid BPMM
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
- Bachelor's degree or higher in Finance, Mathematics, Economics, Engineering, Physics, Computer Science, or a related quantitative discipline
- Understanding of financial markets, fixed income products, and market risk management concepts
- Knowledge of VaR, sensitivities or Greeks, stress testing, and scenario analysis
- Strong analytical and problem-solving skills, including interpreting complex data and identifying risk drivers
- Technical proficiency in data analysis
- Programming experience with Python, SQL, or similar
- Experience using artificial intelligence
- Excellent written and verbal communication skills
- Ability to prioritize competing demands and work effectively in a fast-paced environment
- Experience in market risk, front office, quantitative analysis, trading, treasury, or a related financial markets function
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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Healthcare Strength — Health coverage is characterized as comprehensive, with medical, dental, vision, and added supports like One Medical and mental-health sessions. Feedback suggests the overall package is strong to excellent for a large financial-services employer.
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Retirement Support — Retirement programs include a 401(k) with company matching and related financial benefits. These features are frequently highlighted as part of a broad, competitive package.
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Parental & Family Support — Family benefits are noted for generous paid parental leave, fertility support, and caregiver leave. Feedback suggests these offerings stand out as a strength within the package.
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.
