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Institutional Securities Group Central Risk Team, Full Stack Developer, Manager, Mumbai

Morgan Stanley

  • Mumbai, India
  • Competitive Package
  • 2–5 Years
  • Posted Yesterday
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About the role

Institutional Securities Group Central Risk Team, Full Stack Developer , Manager, Mumbai

This role sits within the ISGM Strategist team supporting the ISGM Central Risk organization. The team designs and develops technology solutions that enhance risk management, regulatory oversight, workflow automation, and management reporting across Institutional Securities businesses.

The Central Risk team within Institutional Securities Group (ISG) provides oversight of regulatory and firm requirements for supervision, Surveillance, entitlements, Model Risk, Third party Risk, Operational risk and information security by performing in-depth assessments and aimplementing consistent programmatic coverage globally for Institutional Equities, Fixed Income, Global Capital Markets, Investment Banking and Research. The team seeks to ensure front-office compliance with all applicable rules and regulations governing the firm, as well as adherence to internal standards, controls, and policies.

The ISG Central Risk team fulfils a front office advisory role as the first line of defence. The scope includes escalation, oversight, project execution, control ownership and is the default owner for many division-wide audit and regulatory issues.

What You'll Do In The Role

  • Design, develop, and maintain web-based applications supporting regulatory, supervisory, surveillance, and operational risk processes.
  • Build scalable front-end and back-end solutions using modern software development frameworks and engineering best practices.
  • Enhance existing risk management platforms, workflows, reporting tools, and management information systems.
  • Partner with Risk, Compliance, Business Control, and Technology stakeholders to translate business requirements into effective technology solutions.
  • Develop automated workflows, dashboards, reporting solutions, and system integrations that improve operational efficiency and control effectiveness.
  • Design and optimize data models, APIs, and database structures to support business and analytical requirements.
  • Participate in all phases of the software development lifecycle, including requirements gathering, design, development, testing, deployment, and production support.
  • Ensure applications meet firm standards for security, scalability, performance, and maintainability.
  • Contribute to technical architecture decisions, coding standards, and continuous improvement initiatives.
  • Support strategic automation and digitization initiatives that reduce manual effort and enhance risk management outcomes.
  • Collaborate with global teams and stakeholders to deliver high-quality technology solutions.

What You'll Bring To The Role

  • Bachelor’s or Master’s degree in Computer Science or a related field, preferably from a top-tier university, with strong programming skills.
  • 2–5 years of relevant professional experience.
  • Strong proficiency in Python, including hands-on experience with data analysis and numerical computing libraries such as Pandas and NumPy, along with experience in JavaScript frameworks such as React.
  • Experience with Git and GitHub for source code management (SCM), version control, collaborative development, and code review workflows.
  • Strong experience with financial modelling and analytical tools, particularly Microsoft Excel.
  • Hands-on experience working with MongoDB and SQL databases.
  • Experience with data visualization platforms and tools, with the ability to translate complex datasets into clear and actionable insights.
  • Excellent analytical and problem-solving skills, with the ability to work effectively under tight deadlines and manage multiple priorities simultaneously.
  • Strong written and verbal communication skills, with the ability to articulate complex concepts clearly to both technical and non-technical stakeholders.
  • High degree of accuracy and attention to detail, with the ability to work thoughtfully, independently, and with minimal supervision.

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.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.

Eligibility & process

Who can apply

Employment type: Full-time

Skills & stack

Python JavaScript SQL React MongoDB Git Advanced Excel Node.js

Selection process

Details are shared by the recruiter after shortlisting.

Prep kit

20 resources
Study material 4
Company-specific guides 4
Likely coding questions 4
Round-wise strategy 4
Round 1: Online Assessment (OA) Aptitude, Quantitative Logic & 2 Coding Problems Focus on accuracy and speed. Practice arrays, strings, and standard arithmetic puzzles.
Round 2: Technical Interview 1 Core Tech Stack (Python, JavaScript, SQL, React, MongoDB, Git, Advanced Excel, Node.js) & Live Code Tracing Explain your thought process aloud. Analyze time & space complexities before coding.
Round 3: System Design & Problem Solving Database Schemas, APIs & Architecture Basics Clarify edge cases, diagram schemas cleanly, and discuss scalability trade-offs.
Round 4: HR & Cultural Fit Discussion Morgan Stanley Core Values, Learning Agility & Offer Terms Demonstrate passion, strong communication, and readiness for full-time collaboration.
Technical questions 5
What is the difference between WHERE and HAVING clauses in SQL? Answer
Model answer: WHERE filters rows before any groupings are applied, while HAVING filters aggregated groups after GROUP BY has executed.
Explain SQL Window functions: ROW_NUMBER(), RANK(), and DENSE_RANK(). Answer
Model answer: ROW_NUMBER() assigns unique sequential integers. RANK() assigns identical ranks to ties and skips ranks. DENSE_RANK() assigns identical ranks to ties without skipping rank numbers.
How do you handle NULL and missing values during data cleaning in Python/Pandas? Answer
Model answer: Use .isna().sum() to identify missing values. Impute with mean/median using .fillna() or remove with .dropna(subset=[...]) depending on variance impact.
What is the difference between Star Schema and Snowflake Schema in Data Warehousing? Answer
Model answer: Star Schema has denormalized dimension tables directly connected to the central Fact table. Snowflake Schema normalizes dimension tables into sub-dimensions to minimize redundancy.
How do you calculate MoM (Month-over-Month) growth in SQL? Answer
Model answer: Use LAG(revenue, 1) OVER (ORDER BY month) to fetch the previous month's revenue and compute (revenue - prev_revenue) / prev_revenue * 100.
Behavioural & HR questions 3
Why do you want to join Morgan Stanley as a Institutional Securities Group Central Risk Team, Full Stack Developer, Manager, Mumbai?
Highlight Morgan Stanley's market reputation, recent tech innovations, and how your skills in Python directly solve their team's objectives.
Describe a challenging bug or academic project roadblock and how you resolved it.
Use the STAR method: Situation (project context), Task (what needed solving), Action (specific tools/logic applied), Result (quantifiable positive outcome).
How do you handle strict deadlines or sudden scope changes?
Explain your prioritization strategy, proactive communication with mentors/peers, and agile mindset.
Morgan Stanley Competitive Package
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