Model Risk Management Framework (Risk Management) : Job Level - Associate

Morgan StanleyNew York, NY
1d$100,000 - $140,000

About The Position

Maintain and update Model Risk Management Framework through policy, policy supplements, procedures and templates enhancements for models and Tools Design and maintain various Model Risk Management trainings for a wide range of stakeholders across the Firm Liaise with functional and business leaders to roll out model risk management framework enhancements Support Model Risk Governance Committee and other forums We do it in a way that's differentiated - and we've done that for 90 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. 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 $100,000 and $140,000 year at the commencement of employment. 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.

Requirements

  • Bachelor's or higher degree from a four-year accredited university
  • At least 3 years of post-graduate work or military experience
  • Strong communicator (verbal and written communication) with good interpersonal skills
  • Advance working knowledge of MS Word, PowerPoint, and Teams
  • Ability to prioritize and manage multiple competing objectives with tight deadlines
  • Ability to develop partnerships across functions and geographies
  • Detail oriented with exceptional organizational skills
  • Self-motivated and team player who brings a "can-do" approach

Nice To Haves

  • Experience in writing policy and procedure as well as training
  • Experience with core model risk management regulation requirements (i.e., FRB SR 11-07, SR 15-18, PRA SS1/23)
  • Relevant certifications or designations (e.g., CFA or FRM)

Responsibilities

  • Maintain and update Model Risk Management Framework through policy, policy supplements, procedures and templates enhancements for models and Tools
  • Design and maintain various Model Risk Management trainings for a wide range of stakeholders across the Firm
  • Liaise with functional and business leaders to roll out model risk management framework enhancements
  • Support Model Risk Governance Committee and other forums
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