Model Risk (Risk Management) : Job Level - Associate

Morgan Stanley • New York, NY

4d • $100,000 - $140,000

About The Position

The role will reside within the Firm Risk Management's Model Risk Management (MRM) Department which is a team responsible for the Firm's management of risks related to the implementation and use of models, covering all aspects of the Firm's businesses and implementing key regulatory requirements. This position is with the Project Management Team which is responsible for coordinating regulatory BAU activities & remediation, e.g. CCAR, QST.

Requirements

• 3+ years of experience managing projects required
• Have an undergraduate degree in Business, Finance, or other related fields
• Have working knowledge of MS Office (Microsoft Excel/PowerPoint/Word), SQL
• Ability to effectively communicate with a wide range of stakeholders, both written and verbally is required
• Ability to partner effectively with team members and with colleagues across the wider organization.
• An interest in working in a fast-paced environment, often balancing multiple high priority deliverables with attention to detail is required.
• Drive effective teamwork, prioritization, communication, collaboration, and commitment across multiple groups with competing priorities while maintaining strong business relationships.
• Ability to support multiple projects concurrently, react quickly to new information, and ensure projects remain updated and relevant to achieve the desired outcome.
• Demonstrated ability to compose and deliver persuasive presentations and project updates including deliverable timelines, and status to internal stakeholders, cross-departments and as necessary, senior leadership

Nice To Haves

• Experience with Regulatory Capital with CCAR and other supervisory stress testing is a plus
• PMP or Project Management certification is a plus
• Experience with model validation or model governance is a plus

Responsibilities

• Lead the execution of Annual CCAR, Bank Capital Planning Annual Stress Testing, and Quarterly Stress Testing initiatives, ensuring strategic alignment, timely delivery, and effective communication across MRM and business unit/function areas.
• Drive remediation efforts for regulatory issues, proactively managing timelines and stakeholder expectations to ensure successful resolution.
• Coordinate with validation teams within MRM, establishing clear deliverable schedules, enforcing deadlines, and escalating critical issues to maintain momentum across high-impact projects.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees