E*TRADE from Morgan Stanley · 2 months ago
Credit Model Risk (Risk Management) : Job Level - Associate/Analyst
New York, New York, United States of America
Full-time
Onsite
Entry Level
$75K/yr - $95K/yr
3+ years expMorgan Stanley's Firm Risk Management Division is rapidly growing and focuses on achieving business goals through efficient risk management. The Credit Model Risk Associate/Analyst will conduct independent reviews and validations of stress testing models and effectively communicate findings to management.
BankingFinanceFinancial Services
Responsibilities
Perform independent review and model validation for the firm's stress testing models for CCAR and BAU stress testing, CECL/IFRS9 models for reserve
Provide effective challenge to the model conceptual soundness, perform independent tests, write comprehensive validation documentation for models validated
Develop challenger model methodologies for the official production models
Effectively communicate model validation conclusions to management
Qualification
Required
3+ years' in relevant risk management experience including model risk management and risks analytics
Working knowledge of statistical techniques, quantitative finance and programming
Strong written and verbal communication, critical thinking, problem solving and team collaboration skills
Preferred
Masters or Doctorate degree in a quantitative discipline such as Statistics, Mathematics, Physics, Computer Science or Engineering
Good understanding wholesale lending and retail lending business
Prior experience with developing or validating models
Familiarity with coding languages (Python)
Desire to work in a dynamic, team-oriented environment focusing on challenging tasks mixing fundamental, quantitative, and market-oriented knowledge and skills
Benefits
Commission earnings
Incentive compensation
Discretionary bonuses
Other short and long-term incentive packages
Other Morgan Stanley sponsored benefit programs
Company
E*TRADE from Morgan Stanley
E*TRADE from Morgan Stanley is a pioneer in the online brokerage industry.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2020-02-20Acquired
1996-08-16IPO
Leadership Team
Julia Miller
Executive Director, Creative Services
Recent News
2025-11-07
Company data provided by crunchbase