Vice President, Risk / Policy Mgmt
Job Number : 3250747
3250747
Posting Date
Oct 3, 2024
Primary Location
Americas-United States of America-New York-New York
Risk ManagementEmployment Type : Full TimeJob Level : Vice President
Description
Morgan Stanley Services Group Inc. seeks a Vice President, Risk / Policy Management in New York, New York
Review, challenge, maintain, and modify financial analytic models. Contribute to the identification, assessment, and monitoring of US Bank Model Risk.
Conduct special studies and analyses to understand cross model risks including cross model dependencies and consistencies in assumptions.
Assist with Model Risk Management contributions to the Bank Risk Committee, the Bank Board Risk Committee, the Firm Model Oversight Committee, and other working groups and committees by preparing presentations and tracking deliverables and follow up items.
Craft remediation actions that effectively addresses core model risk issues. Liaise with financial model developers, users, model control, and reporting units to design and track and maintain a useful and effective suite of Key Risk Indicators and other metrics to objectively identify model risk trends and exposures.
Produce quarterly financial analytic model risk assessment reports and other management and committee reports to identify model risk.
Salary : Expected base pay rates for the role will be between $225,000 and $225,000 per year at the commencement of employment.
However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
Qualifications