Model Risk (Risk Management) : Job Level - Associate at Morgan Stanley

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

04 Feb, 26

Salary

140000.0

Posted On

06 Nov, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Project Management, Regulatory Capital, CCAR, Stress Testing, Communication, Collaboration, Teamwork, Attention to Detail, SQL, Microsoft Excel, Microsoft PowerPoint, Microsoft Word, Model Validation, Model Governance, PMP Certification, Persuasive Presentations

Industry

Financial Services

Description

- 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. - 3+ years of experience managing projects required - Experience with Regulatory Capital with CCAR and other supervisory stress testing is a plus - 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 - PMP or Project Management certification is a plus - Experience with model validation or model governance is a plus 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.

Responsibilities

Lead the execution of Annual CCAR and stress testing initiatives while ensuring strategic alignment and effective communication. Drive remediation efforts for regulatory issues and coordinate with validation teams to maintain project momentum.