Model Risk (Risk Management) : Job Level - Associate

Company Profile 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. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and to grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture. Department Profile This role resides within the Model Risk Management (MRM) Department which is dedicated to providing independent model risk control, review and validation of models used by Morgan Stanley.. Risk Analysis and Reporting is a critical component of Model Risk, responsible for performing detailed risk analysis, creating comprehensive risk reporting and designing and implementing strategic reporting solutions. Background on the Position Morgan Stanley seeks a professional for Model Risk Reporting team within Model Risk Management (MRM) department. The individual will cover a diverse range of responsibilities to facilitate analysis, reporting and control of risk information to meet the requirements of the Model Risk Management function and the regulators. To be successful, candidate needs to have relevant educational background (finance, economics, programming), relevant work experience (BI development, data modeling, Risk Management, financial reporting), exceptional computer application skills, and the ability to work independently and efficiently under tight deadlines. Information processed in the department is confidential and thus the candidate must demonstrate integrity. Primary Responsibilities > Develop, implement, and maintain dashboards, automated reporting processes and analytical tools for managing and monitoring risk across MRM. > Continually evaluate existing reports, processes, and analytical tools to identify areas for improvement in efficiency and effectiveness of these reports and analytical tools. > Liaise with Model validation teams across MRM > Manage ad-hoc requests from senior management to ensure timely and accurate responses. Qualifications > Bachelors / Master's Degree in finance, computer science, or engineering > Expertise in data extraction and manipulation (SQL), data visualization tools (PowerBI), reporting process automation (VBA, MS PowerApps), proficiency in Microsoft applications (Excel and PowerPoint) > 3-5 years of work experience in financial reporting, portfolio analytics, and/or computer programming > Knowledge/experience in Project Management, SharePoint and programming languages like Python and/or JavaScript is preferred. > High level of attention to detail > High energy, results orientated and high performer in fast paced environment > Strong analytical and problem-solving skills > Preferred Knowledge of financial products and financial risk management through industry experience > Very good communication skills, both oral and written 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 - arent 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, youll 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. Theres 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 per 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). At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values. Morgan Stanley is dedicated to providing first-class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutionsand in the ability of capital to work for the benefit of all society. What We Do