Morgan Stanley
Model Risk - Process Validation: Vice President
Morgan Stanley, New York, New York, us, 10261
Join to apply for the
Model Risk - Process Validation: Vice President
role at
Morgan Stanley Join to apply for the
Model Risk - Process Validation: Vice President
role at
Morgan Stanley Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm’s employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.
The Talent And Passion Of Our People Is Critical To Our Continued Success As a Firm. Together, We Share Four Core Values Rooted In Integrity, Excellence And Strong Team Ethic
Putting Clients First Doing the Right Thing Leading with Exceptional Ideas Giving Back Committing to Diversity and Inclusion
Morgan Stanley is committed to helping its employees build meaningful careers and we strive to be a place for people to learn, achieve and grow.
Firm Risk Management
Firm Risk Management (FRM) enables 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.
You will collaborate with colleagues across FRM and the Firm to protect the Firm’s capital base and franchise, 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. Through thoughtful analysis and clear communication, we are best able to bring our ideas to the table and improve the Firm.
Firm Risk Management values diversity and is committed to providing a supportive and inclusive workplace for all employees.
Firm Risk Management’s Unique Franchise Promotes
Flat, flexible and integrated global organization Collaboration and teamwork Credible, independent decision-making Organizational influence Creative and practical solutions Meritocratic and diverse culture
Background On The Position
This role will reside within Firm Risk Management’s Model Risk Management team responsible for the Firm’s management of model risks related to the implementation and use of valuation, risk, and stress testing models and tools.This position requires strong risk management mindset, proven subject matter expertise in financial crime regulatory requirements and model validation, and excellent technical, leadership, and organizational skills.
Risk Process Validation Group
Morgan Stanley’s Model Risk Management (MRM) department resides within FRM. The Risk Process Validation Group (RPVG) is an independent validation function within MRM. RPVG is responsible for independently assessing selected controls and processes related to Market, Credit, Liquidity, Capital and Data Risk.
Primary Responsibilities
Lead teams to perform independent validations of selected FRM processes and controls Design the annual validation plan using a risk-based prioritization Manage and supervise validation and continuous monitoring activities, provide review and challenge to all phases of the validations Engage with key stakeholders and governing bodies during the validation process, partner with other independent validation teams Present validation plans, issues and observations to senior management and relevant management committees Evolve and enhance the validation methodology and execution capabilities focusing on effectiveness and efficiency Manage, coach and develop local team members
Required Experience
Bachelor's or higher degree in Finance, Economics, Computer Science, or other business or risk management related areas 10+ years of experience from consulting, risk management, or internal audit Experience in process, control and data validation; understanding of data lineage and database schema Strong understanding of the banking regulatory environment (e.g., CCAR, Basel III, BCBS 239) Experience with core banking, investment and trading products
Preferred Experience
Knowledge and experience with data analytics and data visualization tools and systems Ability to successfully lead and manage teams and collaborate with global teams Ability to develop partnerships across functions and geographies Strong risk, process and control validation/testing and assessment mindset Strong communicator with good interpersonal skills Pragmatic problem solver and forward thinker Ability to prioritize and manage multiple competing objectives
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. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Expected base pay rates for the role will be between $120,000 and $205,000 year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
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). Seniority level
Seniority level Executive Employment type
Employment type Full-time Job function
Job function General Business, Management, and Business Development Referrals increase your chances of interviewing at Morgan Stanley by 2x Get notified about new Model jobs in
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Model Risk - Process Validation: Vice President
role at
Morgan Stanley Join to apply for the
Model Risk - Process Validation: Vice President
role at
Morgan Stanley Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm’s employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.
The Talent And Passion Of Our People Is Critical To Our Continued Success As a Firm. Together, We Share Four Core Values Rooted In Integrity, Excellence And Strong Team Ethic
Putting Clients First Doing the Right Thing Leading with Exceptional Ideas Giving Back Committing to Diversity and Inclusion
Morgan Stanley is committed to helping its employees build meaningful careers and we strive to be a place for people to learn, achieve and grow.
Firm Risk Management
Firm Risk Management (FRM) enables 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.
You will collaborate with colleagues across FRM and the Firm to protect the Firm’s capital base and franchise, 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. Through thoughtful analysis and clear communication, we are best able to bring our ideas to the table and improve the Firm.
Firm Risk Management values diversity and is committed to providing a supportive and inclusive workplace for all employees.
Firm Risk Management’s Unique Franchise Promotes
Flat, flexible and integrated global organization Collaboration and teamwork Credible, independent decision-making Organizational influence Creative and practical solutions Meritocratic and diverse culture
Background On The Position
This role will reside within Firm Risk Management’s Model Risk Management team responsible for the Firm’s management of model risks related to the implementation and use of valuation, risk, and stress testing models and tools.This position requires strong risk management mindset, proven subject matter expertise in financial crime regulatory requirements and model validation, and excellent technical, leadership, and organizational skills.
Risk Process Validation Group
Morgan Stanley’s Model Risk Management (MRM) department resides within FRM. The Risk Process Validation Group (RPVG) is an independent validation function within MRM. RPVG is responsible for independently assessing selected controls and processes related to Market, Credit, Liquidity, Capital and Data Risk.
Primary Responsibilities
Lead teams to perform independent validations of selected FRM processes and controls Design the annual validation plan using a risk-based prioritization Manage and supervise validation and continuous monitoring activities, provide review and challenge to all phases of the validations Engage with key stakeholders and governing bodies during the validation process, partner with other independent validation teams Present validation plans, issues and observations to senior management and relevant management committees Evolve and enhance the validation methodology and execution capabilities focusing on effectiveness and efficiency Manage, coach and develop local team members
Required Experience
Bachelor's or higher degree in Finance, Economics, Computer Science, or other business or risk management related areas 10+ years of experience from consulting, risk management, or internal audit Experience in process, control and data validation; understanding of data lineage and database schema Strong understanding of the banking regulatory environment (e.g., CCAR, Basel III, BCBS 239) Experience with core banking, investment and trading products
Preferred Experience
Knowledge and experience with data analytics and data visualization tools and systems Ability to successfully lead and manage teams and collaborate with global teams Ability to develop partnerships across functions and geographies Strong risk, process and control validation/testing and assessment mindset Strong communicator with good interpersonal skills Pragmatic problem solver and forward thinker Ability to prioritize and manage multiple competing objectives
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. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Expected base pay rates for the role will be between $120,000 and $205,000 year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
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). Seniority level
Seniority level Executive Employment type
Employment type Full-time Job function
Job function General Business, Management, and Business Development Referrals increase your chances of interviewing at Morgan Stanley by 2x Get notified about new Model jobs in
New York, NY . Saint-Louis Showroom Intern (2025 Semester 2) - Generation H
New York, NY $85,000.00-$95,000.00 1 week ago New York, NY $105,000.00-$115,000.00 1 week ago New York, NY $95,000.00-$105,000.00 4 days ago Quantitative Strategist - Credit - Associate
New York, NY $110,000.00-$150,000.00 6 days ago Newark, NJ $71,000.00-$100,000.00 1 week ago Quantitative Strategist - Loans Strat - Associate
New York, NY $110,000.00-$150,000.00 6 days ago New York, NY $50,000.00-$70,000.00 1 week ago New York, NY $80,000.00-$90,000.00 3 weeks ago New York, NY $140,000.00-$200,000.00 1 week ago New York, NY $90,000.00-$100,000.00 2 weeks ago New York, NY $141,000.00-$202,000.00 2 weeks ago New York, NY $202,500.00-$280,000.00 2 days ago New York, NY $120,000.00-$130,000.00 1 week ago New York, NY $125,280.00-$181,250.00 1 week ago New York, NY $75,000.00-$225,000.00 1 week ago New York, NY $85,000.00-$175,000.00 4 days ago Manhattan, NY $90,000.00-$130,000.00 1 month ago New York, NY $50,000.00-$115,000.00 7 hours ago New York, NY $50,000.00-$60,000.00 5 days ago New York, NY $85,600.00-$112,000.00 3 days ago New York, NY $130,000.00-$175,000.00 1 week ago New York, NY $130,000.00-$150,000.00 1 week ago New York City Metropolitan Area 4 days ago New York, NY $70,000.00-$110,000.00 3 weeks ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr