Morgan Stanley Services Group, Inc. seeks a Vice President, Risk Management in New York, New York
Advise businesses and clients on risk mitigating strategies. Develop tools and methodologies to analyze and monitor risk. Contribute to key regulatory initiatives, and report on risk exposures and metrics to enable informed and strategic decision-making. Generate reporting data files from various data sources and ensure data reconciliation, data quality, relevancy and accuracy of the output. Produce model risk metrics and reports on a monthly basis for senior management meetings, as well as to the Model Oversight Committee, Firm Risk Committee, and Board Risk Committee. Support model risk governance in the preparation of materials for the internal committees, management reporting, and various ad hoc queries including internal audit, regulators etc., as well as the execution of various reporting projects in compliance to policy, governance, and regulatory requirements. Work closely with model validators to understand the results of model validation activities, model limitations, and uncertainties and facilitate the limitation closure verification process. Collaborate with cross-functional stakeholders to ensure that model risk is reported accurately, timely, and transparently. Qualifications:
Requires a Master's degree in Financial Engineering or a related field of study and four (4) years of experience in the position offered or four (4) years as an Assistant Vice President, Associate, Consultant, or related occupation in the risk management field. Requires Four (4) years of experience: financial institutions, financial products and market analysis including: business, financial products and the market; programming skills including, VBA and SQL; financial modeling including, probability theory, statistics, and numerical analysis; risk management including report automation; analytics; BCBS 239 Basel Committee on Banking Supervision, Principles for effective risk data aggregation and risk reporting; and Presenting risk metrics to Senior Management.
Qualified Applicants :
To apply, visit us at http://www.morganstanley.com/about/careers/careersearch.html Scroll down and enter 3158805 as the "Job Number" and click "Search jobs." No calls please. EOE
Morgan Stanley Use Only: *LI-DNI