Assistant Vice President, Strats
About The Position
Morgan Stanley Private Bank, N.A. is seeking an Assistant Vice President, Strats in New York, NY b uild quantitative models for risk analytics and reporting. Collaborate with banking business on pricing strategies, new product offerings, and risk analysis. Preparing analysis of model scenario variable inputs. Running simulation-based bank deposit and savings models. Deployment of production model code on the Firm’s internal platforms. Responding to ad-hoc requests from stakeholders such as Senior Management, Bank CIO, Finance and Model Risk Management. Preparing monthly model performance metrics reports. Assisting in model document preparation for new model development and enhancements. Ensuring compliance with regulatory requirements such as CCAR. Implementing and updating the analytical libraries for pricing, risks and balance projections. Telecommuting permitted up to one (1) day per week.
Requirements
- Requires a Master’s in Finance, Economics, or a closely related field of study.
- Requires two (2) years of experience in the position offered or two (2) years as an Associate, Analyst, Risk Management, Policy Management, or a closely related occupation.
- Requires two (2) years of experience with the following skills: Develop, enhance, and execute quantitative pricing and risk management models for bank financial products; Develop, enhance, and execute econometric and statistical projection models for bank financial products; Develop and enhance analytical libraries, in-house applications, automated processes and reporting tools, using object-oriented programming languages; Apply advanced mathematical concepts and programming in solving banking business problems; fixed income and interest rate products; big data infrastructure including data engineering and processing, analysis, and visualization; and enterprise software development including continuous integration and delivery (CI/CD) pipelines and code management/code quality control using Git, Bitbucket, and Jenkins.
Responsibilities
- Build quantitative models for risk analytics and reporting.
- Collaborate with banking business on pricing strategies, new product offerings, and risk analysis.
- Preparing analysis of model scenario variable inputs.
- Running simulation-based bank deposit and savings models.
- Deployment of production model code on the Firm’s internal platforms.
- Responding to ad-hoc requests from stakeholders such as Senior Management, Bank CIO, Finance and Model Risk Management.
- Preparing monthly model performance metrics reports.
- Assisting in model document preparation for new model development and enhancements.
- Ensuring compliance with regulatory requirements such as CCAR.
- Implementing and updating the analytical libraries for pricing, risks and balance projections.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
