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Quantitative Developer in the Market Risk Analytics, Engineering team

Morgan Stanley

Quantitative Developer in the Market Risk Analytics, Engineering team

Morgan Stanley

Budapest, Budapest, Hungary

·

On-site

·

Full-time

·

3mo ago

We’re seeking someone to join our team as a Quantitative Developer to work as part of the Market Risk Analytics, Engineering team.

The Risk Analytics team has global responsibility to develop and maintain scenario design, credit, and market models for the management of credit and market risk exposure arising from the Firm’s business activities. The group also provides support for internal clients with quantitative analyses and solutions. 

As part of the Market Risk Analytics group, the Engineering team is responsible for delivering models and tooling that support the model development and maintenance efforts of the wider Risk Analytics team, as well as for providing bespoke quantitative solutions to Firm Risk Management’s requirements.

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:

  • Design, develop and maintain Python models and tooling to enhance the Firm’s risk management processes and provide new insights for risk managers.

  • Take ownership of the planning and execution of assigned projects, in close collaboration with other members of our global team as well as our support functions.

  • Collaborate with risk managers, model reviewers, technology support teams and other stakeholders.

  • Act as a role model of practical and sustainable code development standards within the wider Risk Analytics team.

What you'll bring to the role:

  • 5+ years of relevant work experience.

  • A graduate degree (master’s or Ph.D.) in a quantitative field such as Mathematics, Mathematical Finance, Physics, Computer Science, Statistics, Econometrics or Engineering.

  • Strong software design and development skills in Python.

  • Good understanding and experience of modern software development processes and best practices.

  • Demonstrated interest in financial markets and the banking industry.

  • Strategic mindset with strong business acumen and creative problem-solving skills.

  • Excellent interpersonal and communication skills in both written and verbal English, with the ability to effectively communicate with both technical and non-technical stakeholders.

  • Experience with developing an interconnected codebase as part of a larger team is a good to have

  • Good understanding of financial concepts and product types.

  • Familiarity with financial models of pricing and risk management is desirable

  • Ability to translate regulatory guidelines on market risk model development standards into practical requirements is good to have

#LI-hybrid #BPMM #LI-JL1

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 89 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.

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About Morgan Stanley

Morgan Stanley

A financial services company that offers securities, asset management, and credit services.

10,001+

Employees

New York

Headquarters

Reviews

3.5

4 reviews

Work Life Balance

3.0

Compensation

2.5

Culture

3.2

Career

3.0

Management

3.0

35%

Recommend to a Friend

Pros

Skills evaluation through business plans and projects

Direct access to senior leadership interviews

Conversational interview format

Cons

Automated resume screening system issues

Focus on formatting over qualifications

Compensation concerns and salary expectations

Salary Ranges

11,766 data points

Junior/L3

Mid/L4

Senior/L5

Junior/L3 · Analyst

1,682 reports

$114,371

total / year

Base

$96,366

Stock

-

Bonus

$18,005

$77,808

$170,800

Interview Experience

6 interviews

Difficulty

3.0

/ 5

Duration

21-35 weeks

Experience

Positive 16%

Neutral 84%

Negative 0%

Interview Process

1

Initial screening (HR/HireVue)

2

Technical rounds

3

Manager/Senior leadership interviews

4

Final round/Superday

Common Questions

Technical knowledge assessment

Behavioral questions

Role-specific scenarios

Leadership and teamwork examples