Model Risk - Scenario Design Validation: Vice President

Morgan Stanley's Firm Risk Management (FRM) Division is an exciting and rapidly growing space. We support Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks. Responsibilities include: 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 Qualifications: 5+ years of relevant risk management experience, including model risk and risk analytics. Previous experience on Scenario design models, including 9Q path and Upfront Market Shock (UMS) preferred. Master's or Doctorate in a quantitative discipline (Economics, Statistics, Mathematics, Physics, Computer Science, or Engineering) Knowledgeable in macroeconomics and markets 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. Familiarity with coding languages, particularly Python, is preferred. 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. What You Can Expect From Morgan Stanley We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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. Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).

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