Hedge Fund Credit Risk, Associate

siness units to ensure that credit risk assessments are factored into business decisions.Based in Hong Kong, the Asia (including Japan) Credit Risk Department is currently seeking a high-performing and hands-on credit risk professional at the Associate level in the Counterparty Credit Risk team with a focus on hedge fund counterparties.The role will have the following key responsibilities: * Perform credit analysis of hedge funds (through review client materials and due diligence calls/meetings) to establish ratings and risk appetite * Approve credit limits and transactions up to level of delegated credit authority. Review and recommend for approval other limits and credit risk-related transactions * Have a thorough understanding of the products traded by hedge fund clients * Establish a thorough understanding of the portfolio data and prepare appropriate reporting and escalation * Present views to regional and global risk teams * Build strong relationships with first line risk management partners * Build strong relationships with global counterparty credit risk peers to ensure regional consistency and promote regional priorities * Maintain an up-to-date view of the regional hedge fund industry and develop sovereign and macro risk views as need to support decision making * Review new clients and propose documentation terms (ISDA/CSA, Prime Brokerage agreements, GMRAs, etc) which ensure strong credit term protectionRequirements * Bachelor's degree preferably in Finance or Economics or a quantitative subject * At least 3 years of experience in the financial services industry (and at least 2 years in risk management, preferably within a hedge fund or financial institutions credit coverage role) * Good understanding of equity markets, derivative transactions, and margining processes * Highly numerate with strong data skills (particularly SQL); some programming experience a plus * Excellent communication skills and ability to build network with counterparts in London and NY as well as with business stakeholders * Ability to work independently on multiple ongoing projects; curiosity to learn in a fast-paced environment and willingness to excel and go beyond expectationWHAT 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.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.