Morgan Stanley · 1 month ago
Model Risk (Risk Management) : Job Level - Vice President
Morgan Stanley's Firm Risk Management (FRM) Division is a rapidly growing space that supports the firm in achieving its business goals by managing various risks. The role involves conducting independent model reviews and validations, preparing documentation, and communicating findings to senior management and stakeholders.
Asset ManagementFinanceFinancial ServicesLending
Responsibilities
Conduct independent model reviews and validations according to Model Risk Management policies, regulatory requirements, and industry best practices
Prepare clear validation documentation for each model
Communicate validation findings to senior management and stakeholders
Qualification
Required
10+ years of relevant risk management experience, including model risk and risk analytics
Master's or Doctorate in a quantitative discipline (Economics, Statistics, Mathematics, Physics, Computer Science, or Engineering)
Knowledgeable in macroeconomics and markets. Familiar with wholesale and retail lending business
Working knowledge of statistical techniques, quantitative finance, and programming is required; understanding of various complex financial instruments is beneficial
Written and verbal communication skills, along with critical thinking, problem solving, and the ability to collaborate within a team, are necessary
Preferred
Previous experience on reserve models including CECL and IFRS9 preferred
Familiarity with coding languages, particularly Python, is preferred
Previous experience on stress loss modeling, PD, LGD, EAD modeling is helpful
Knowledge of regulatory requirements (e.g., CCAR, ICAAP) and familiarity with regulators such as Fed, OCC, PRA, and EBA is preferred
Interest in a fast-paced, collaborative setting with challenging tasks that blend fundamental, quantitative, and market skills is desirable
Benefits
Some of the most attractive and comprehensive employee benefits and perks in the industry
Commission earnings
Incentive compensation
Discretionary bonuses
Other short and long-term incentive packages
Other Morgan Stanley sponsored benefit programs
Company
Morgan Stanley
Morgan Stanley is a financial services company that offers securities, asset management, and credit services.
H1B Sponsorship
Morgan Stanley has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (222)
2024 (195)
2023 (173)
2022 (153)
2021 (165)
2020 (173)
Funding
Current Stage
Public CompanyTotal Funding
unknown1997-02-05IPO
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