We are seeking a Risk Capital Project Manager to support the Capital Risk team within the Capital Risk Department, based in Budapest. As a member of our risk management department, you will gain insights into global capital management for regulatory and business purposes.

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:

• Act as a central point of coordination across the global Risk Capital organization, partnering with leadership, regional teams, Technology, Finance, and Risk stakeholders
• Drive consistent execution, strong governance, and clear escalation across regulatory and strategic initiatives
• Provide end‑to‑end project management for cross‑team and cross‑functional initiatives impacting RWAs and capital across Market and Credit Risk
• Own and manage the global Risk Capital project calendar, covering quarterly, annual, and ad hoc regulatory and management deliverables
• Develop and maintain clear project plans, milestones, dependencies, risks, and resourcing across initiatives
• Serve as a key coordinator for the Risk Capital technology modernization agenda, including AI initiatives, from prioritization through delivery and ongoing monitoring
• Partner with Risk Capital teams to identify data, model, tool, and process enhancement opportunities, supporting alignment with key stakeholders
• Coordinate preparation of quarterly Risk Capital management presentations, including planning timelines, gathering inputs, and ensuring quality and consistency of materials
• Establish and run working groups and governance forums, including agenda setting, action tracking, and issue escalation
• Maintain centralized inventories and trackers covering regulatory deliverables, models, tools, EUCs, and supporting documentation
• Support headcount planning, hiring, resourcing, and budget management in partnership with COO and Finance teams
• Contribute to broader COO activities such as annual objectives setting, management committee tracking, and preparation for quarterly and annual reviews
• Lead a small team of risk professionals as part of the broader Risk Capital team

What you'll bring to the role:

• Bachelor’s or higher degree in a quantitative field such as Finance, Economics and Mathematics
• 5+ years of relevant work experience in project, program, or portfolio management within Risk, Finance, or a related control function
• Proven ability to coordinate complex initiatives across geographies and functions in a regulated environment
• Excellent organizational, communication, and stakeholder management skills, with comfort interacting with senior management
• Experience supporting regulatory or risk‑related deliverables is an advantage; familiarity with capital, RWA, or regulatory frameworks is beneficial but not required
• A proactive, structured, and delivery‑focused mindset, with the ability to operate effectively in a fast‑paced, evolving environment

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 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.