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

Harrison, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

02 Feb, 26

Salary

140000.0

Posted On

04 Nov, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Genai, Machine Learning, Artificial Intelligence, Natural Language Processing, Model Development, Model Validation, Programming, Python, Financial Markets, Quantitative Analysis, Governance, Team Management, Relationship Management, Evaluation Frameworks, Ongoing Monitoring

Industry

Financial Services

Description

- Conduct and oversee the review for GenAI use cases across different functional areas and challenge aspects such as inputs, outputs, evaluations, usage, prompts, testing design and performances, and ongoing monitoring plan - Manage a local team performing these reviews - Cultivate and manage positive relationships with GenAI use case developers, Firmwide AI, Non-Financial Risk and other control functions - Stay up to date on key developments in the rapidly emerging area of GenAI, including foundation models, evaluation frameworks and emerging governance - Provide input to discussions with senior management and regulators - MSc in STEM or Finance. - 1-3 years of working experience in GenAI (LLMs and their applications), Machine Learning, Artificial Intelligence, or Natural Language Processing in either model development or model validation. - Genuine and broad interest in financial markets; internal drive to effectively challenge and improve models with a quantitative and practical mindset - Experience with programming in a high-level language such as Python 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

Conduct and oversee the review for GenAI use cases across different functional areas and manage a local team performing these reviews. Cultivate and manage positive relationships with GenAI use case developers and stay updated on key developments in the area of GenAI.