Morgan Stanley
Vice President, Model Development - Corporate FP&A
Morgan Stanley, New York, New York, us, 10261
Base pay range
$120,000.00/yr - $200,000.00/yr
We are seeking someone to join our model development team in our Corp FP&A Dept to create quantitative models that are used to forecast internal firm revenues, expenses, and balance sheet usage across a variety of products. These models are used in budgeting, planning, and scenario-based stress testing, and ultimately help to inform firmwide capital actions.
In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis and advisory services of the Firm’s financial and capital resources. This is a Vice President position within our Model Development Job Family which maintains, implements, develops and documents models for the business units and Finance.
Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
Responsibilities
Build, implement, and execute econometric models used for internal firm budgeting, forecasting, and capital planning Run and analyze statistical tests, and write model documentation Monitor and analyze the effectiveness of current models, and make enhancements as needed Coordinate with data providers and end users in both Finance and the front office Communicate technical content to management, model validation teams, internal audit, and regulators Help to maintain policies and procedures related to model development and automation Complete ad-hoc analysis and presentations for senior management Qualifications
Bachelor's degree in economics, mathematics, statistics, or related field. Graduate Degree is preferred. Familiarity with time series regression modeling, including error correction and autoregressive modeling approaches Proficiency in programming (e.g., Python) Strong analytical and problem solving skills, with proven ability to operate independently Effective time management; ability to meet tight deadlines and handle higher pressure situations Effective written and oral communication abilities Familiarity with CCAR / DFAST stress testing topics a plus but not required At least 8 years of relevant experience Seniority level
Mid-Senior level Employment type
Full-time Job function
Finance Industries
Financial Services and Banking
#J-18808-Ljbffr
Build, implement, and execute econometric models used for internal firm budgeting, forecasting, and capital planning Run and analyze statistical tests, and write model documentation Monitor and analyze the effectiveness of current models, and make enhancements as needed Coordinate with data providers and end users in both Finance and the front office Communicate technical content to management, model validation teams, internal audit, and regulators Help to maintain policies and procedures related to model development and automation Complete ad-hoc analysis and presentations for senior management Qualifications
Bachelor's degree in economics, mathematics, statistics, or related field. Graduate Degree is preferred. Familiarity with time series regression modeling, including error correction and autoregressive modeling approaches Proficiency in programming (e.g., Python) Strong analytical and problem solving skills, with proven ability to operate independently Effective time management; ability to meet tight deadlines and handle higher pressure situations Effective written and oral communication abilities Familiarity with CCAR / DFAST stress testing topics a plus but not required At least 8 years of relevant experience Seniority level
Mid-Senior level Employment type
Full-time Job function
Finance Industries
Financial Services and Banking
#J-18808-Ljbffr