Risk Management Model Risk Management Vice President

Risk Management, Model Risk Management, Vice President page is loaded Risk Management, Model Risk Management, Vice President Apply locations London, United Kingdom time type Full time posted on Posted Yesterday job requisition id PT-JR011119Risk Management, Model Risk Management, Vice PresidentLondonJR011119The role will reside within the Firm Risk Management/s Model Risk Management Department, which is dedicated to providing independent model risk control, review, and validation of models used by Morgan Stanley.

These include derivative pricing models across all product areas (interest rates, currencies, commodities, equities, credit, securitized products), as well as models for counterparty credit risk (CVA/IMM), credit risk (IRB), market risk (IMA), operational risk, capital, and liquidity stress tests.Model Risk Management professionals in New York, London, Budapest, Frankfurt, Mumbai, and Tokyo collaborate closely with business quantitative strategists, risk analytics, risk managers, and financial controllers.

The London team works collaboratively with Model Risk Management across all model areas globally.Firm Risk Management (FRM) supports Morgan Stanley in achieving its business goals by partnering with business units to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board, and protecting the Firm from losses due to credit, market, liquidity, operational, model, and other risks.About Morgan StanleyMorgan Stanley is a leading global financial services firm providing investment banking, securities, investment management, and wealth management services.Our culture emphasizes integrity, excellence, and teamwork.

We offer a platform for professional growth, learning, and achievement, balancing personal needs and career development.What will you be doing?Lead and coordinate project reviews, ensuring timely delivery of quality work in compliance with regulatory requirements and policies.Identify, measure, communicate, and resolve significant model risk issues within your coverage area, including model usage in books & records, risk management, capital models, PnL attribution, and stress testing.Guide model reviewers to address emerging validation concerns and escalate issues to senior management.Review and identify gaps in model usage for new products, initiatives, and exposures.Drive collaborative changes with risk managers to enhance model risk management.Provide regulatory-compliant information on existing and incremental model inventories.What we/re looking for:Masters or Ph.D. in Finance, Economics, Mathematics, Physics, Engineering, or related quantitative fields.At least 8-10 years of experience with derivative pricing models in development or validation roles at investment banks, preferably in rates, FX, hybrid, or inflation models.Proven ability to challenge ideas, influence stakeholders, and facilitate consensus.Strong stakeholder management and team leadership skills.Skills that will help you:Effective communication skills, both written and verbal, with diverse stakeholders.Ability to thrive in a fast-paced environment with multiple priorities.Where will you be working?This role is based at 20 Bank Street, London.What you can expect from Morgan Stanley:We are committed to excellence, diversity, and inclusion, supporting our employees with comprehensive benefits and opportunities for career growth.

Contact our recruitment team for more information.Morgan Stanley is an equal opportunities employer, fostering an inclusive environment where all individuals can succeed regardless of background.