Risk Capital Project Manager

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

• 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