Senior Quantitative Model Developer at Morgan Stanley

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

21 Jan, 26

Salary

205000.0

Posted On

23 Oct, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Python, R, Econometric Analysis, Data Analysis, Credit Risk Management, Stress Testing, Scenario Analysis, Communication Skills, Attention to Detail, Project Management, Team Collaboration, Financial Risk Management, Regulatory Compliance, Model Development, Backtesting, Independent Work

Industry

Financial Services

Description

> Participate in research, development and implementation of credit stress test and credit loss allowances models > Perform econometric analyses to support methodology development > Perform backtests, stress tests, scenario analyses and sensitivity studies > Conduct on-demand analyses of model changes > Perform data analyses for various purposes > Collaborate with teams across the globe Qualifications > Master's degree in a quantitative field such as Finance, Economics, Engineering, or Mathematics, or equivalent experience. > Over 5 years of experience at a financial institution, audit firm, or consulting firm, preferably performing a similar function. > Proficiency in using Python and R for statistical and econometric analysis. > Ability to work independently and manage multiple projects simultaneously. > Attention to detail, a self-motivated team player who thrives in a fast-paced, team-oriented environment. > Excellent communication skills: ability to present complex and technical issues clearly, both verbally and in writing. > Knowledge of financial risk management and regulatory compliance. > Prior risk management experience in the financial industry. Firm Risk Management values diversity and is committed to providing a supportive and inclusive workplace for all employees. ? This role is hybrid and currently requires in office attendance 3 days/week. The in-office requirement is subject to change at any time. 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 $120,000 and $205,000 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

The role involves participating in the research, development, and implementation of credit stress test and credit loss allowances models. Additionally, it includes performing various analyses to support methodology development and conducting on-demand analyses of model changes.