Posted by Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. Our employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.
Mumbai Model Risk Management –Analyst/Associate Qualitative Model Controls/Validation
We are seeking you to join a fast-growing team within Model Risk Management, and be part of a new team responsible for the validation of qualitative models used across the Firm.
Analyst – MRM – Tier 4 Validation
Job Description:
Primary Responsibilities
Engage with business unit managers to understand the models
Assess the effectiveness of controls to manage the model risk.
Write model risk management findings in technical documents that will be presented both internally (model developers, business unit managers) as well as to regulators.
Verbally communicate results and debate issues, and concerns with internal audiences including senior management.
Qualifications
Possess Bachelors or Master’s Degree in finance or economics related areas.
1-3 years’ experience within a Financial Institution or Consulting Firm. Preferably in areas of internal audit/ operational risk/ model risk
Have exposure to and experience in financial markets, products and businesses.
Have strong written and verbal communication skills; be comfortable debating issues and making formal presentations.
Have desire to work in a dynamic, team-oriented environment focusing on concerning tasks mixing fundamental, quantitative and market-oriented knowledge and skills.