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Morgan Stanley Quantitative Analyst - Financial Modeling in Budapest, Hungary

/Given the continued spread of COVID-19 (coronavirus), all interviews will be conducted by phone or virtual connection to protect our candidates and employees./

We offer:

  • An opportunity to learn the details of most of our financial models
  • A competitive compensation and benefits package including eligibility for an annual bonus
  • To work with talented individuals to develop new ideas
  • Flexible working arrangements (core hours and opportunity to work from home)
  • Opportunity for fully remote work, in case you live in Hungary but not in Budapest (like Szeged, Debrecen, Miskolc etc)

You will:

  • Learn the details of pricing models used in our Interest Rate and Commodities business
  • Develop and test model adequacy according to regulatory standards
  • Assess and document model limitations, improve models to resolve them
  • Investigate market scenarios for various market crisis situations
  • Cooperate with other developers around the globe.

You have:

  • Advanced degree in a quantitative subject such as Mathematics, Physics, Computer Science, etc.
    • Solid mathematical foundations and an interest in the financial industry
  • Some programming experience (any language)
  • Good communication skills in English.

Team Profile:

The Regulatory Modeling team is part of the quantitative modeling organisation of the Fixed Income Department in Budapest. It is working to fulfill regulatory requirements of financial pricing models.

One example is stress testing. The Regulatory Modeling team is involved in the firm’s annual stress testing exercise. The goal of this exercise is to assess the bank`s capital plan, in order to make sure that in the event of a market crisis the bank would have enough capital to cover losses. As part of stress testing, the bank calculates its loss on all positions under the given stress scenarios. This calculation is performed using financial pricing models – sophisticated code designed to value financial contracts. The Regulatory team tests, documents and improves these models and makes them usable in stress testing.

About us:

Morgan Stanley is a global financial services firm and a market leader in investment banking, securities, investment management and wealth management services.
At Morgan Stanley Budapest, we are shaping the future of our global business and contributing to our local community. Our team works across numerous areas, including Technology, Mathematical Modeling, Finance, Risk Management, Operations and Data & Analytics from our new state-of-the-art offices near the Danube and our City Gate office in the heart of the city center.

/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./

Learn about our culture and the opportunities for professional growth at Morgan Stanley Budapest:

Build a career with impact. Visit or LinkedIn for more information.

Job: *Quantitative Strategies

Title: Quantitative Analyst - Financial Modeling

Location: Europe, Middle East, Africa-Hungary-Budapest-Budapest

Requisition ID: 3227348