Jobs
>
New York City

    Associate, Risk Process Validation Group - New York, United States - Morgan Stanley

    Default job background
    Description

    Morgan Stanley's Firm Risk Management (FRM) Division is an exciting and rapidly growing space. We support Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks.

    Responsibilities

    • Perform independent validations of select risk-owned processes, including those relating to regulatory and Basel requirements;
    • Support execution of governance, risk assessment, process review and validation, and monitoring and reporting;
    • Leverage testing observations to contribute to improving the team's validation methodology and execution capabilities;
    • Interface with key stakeholders, governing bodies, and business partners to review status of validation work, results of test work, and quarterly reporting;
    • Partner with Model Validation and Regulatory Reporting teams to support a unified validation program end-to-end.

    Qualifications -

    • Strong technical / programming skills
    • Understanding how model risks impact the business, and business changes impact models
    • Strong communication skills with ability to articulate complex concepts appropriately to different audiences including senior management
    • A prior role within consulting, risk management, or internal audit covering processes across risk stripes (e.g., Credit, Market, Liquidity, Capital and Data Risk);
    • Strong understanding banking regulatory environment, including familiarity with Bank of International Settlements (BIS) principles (e.g., Basel III, BCBS 239, FRTB) and FRB Capital Planning requirements and practices (e.g., CCAR, DFAST);
    • Experience with core banking, investment and trading products, and banking regulations (e.g., FRB SR 11-07, SR 12-17, SR 14-08, SR 15-18, PRA SS1/23);
    • Understanding of data lineage and database schema; experience working with large data sets, data warehouse, or data lake; knowledge of IT general controls; business analyst experience;
    • Knowledge and experience with data analytics and data visualization tools and systems (e.g., PowerBI, Alteryx, Dataiku, QlikView, Tableau); experience with writing or editing SQL, VBA, Python and/or other programming languages; advanced Excel knowledge;
    • Knowledge and experience with robotic process automation (RPA);
    • Relevant certifications or designations (e.g., CFA or FRM)

    Expected base pay rates for the role will be between $85,000 and $140,000 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.

    This role is hybrid and currently requires in office attendance 3 days/week. The in office requirement is subject to change at any time.

    Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. 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 base 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 the law.

    Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).



  • Morgan Stanley New York, NY, United States Full time

    Firm Risk Management · Morgan Stanley's Firm Risk Management (FRM) Division is an exciting and rapidly growing space · We support Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as ...

  • Sumitomo Mitsui Banking Corporation

    Audit Director

    19 hours ago


    Sumitomo Mitsui Banking Corporation New York, United States

    SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 ...


  • Standard Chartered New York, United States

    **Job**: Financial Markets · **Primary Location**: Europe & Americas-United States-New York · **Schedule**: Full-time · **Employee Status**: Permanent · **Posting Date**: 09/May/2024, 9:08:33 AM · **Unposting Date**: 16/May/2024, 5:59:00 PM · **Role Responsibilities** · Strategy ...


  • Citi New York, United States

    Citibank N.A. seeks a Model/Analyst/Validation Officer for its New York, NY location. · Requirements: Bachelor's degree, or foreign equivalent, in Statistics, Mathematics, Management of Technology, Analytics, or a related field, and six (6) years of experience in the job offered, ...


  • Citi New York, United States

    Citibank, N.A. seeks a Model/Analysis/Validation Officer for its New York, NY location. · Requirements: Bachelor's degree, or foreign equivalent, in Statistics, Mathematics, Applied Analytics, Economics or a related field, and six (6) years of experience in the job offered or in ...


  • ART Midtown (Arlo Roof Top) New York, United States

    **Join ART Midtown as a Seasonal Manager** · **Key Responsibilities**: · - Efficiently manage opening and closing routines, ensuring the venue is immaculately presented. · - Oversee menu management and preparation, maintaining high culinary standards. · - Uphold rigorous standard ...


  • MUFG Bank, Ltd. New York, United States

    **Do you want your voice heard and your actions to count?** · Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we're 120,000 colleagues, striving to make a difference for every client, organizati ...


  • NOMURA New York, United States

    Region · - Americas · Division · - Corporate · Location · - New York · Program type · - Internship · Level · - Analyst · Job description · **2025 Quantitative Risk Management Summer Analyst Program** · **Company Overview** · **Risk Management Overview** · The Americas Risk Manage ...


  • ADVANCED FAMILY COUNSELING SERVICES East Orange, United States

    **Benefits**: · - 401(k) · - Health insurance · - Opportunity for advancement · - Paid time off · Advanced Family Counselor Services is currently seeking experienced LCADC/ substance addiction counselors who · can handled the daily tasks listed below. · **The Job Description For ...


  • Sumitomo Mitsui Banking Corporation New York, United States

    SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 ...


  • Crothall Healthcare New York, United States

    **Key Responsibilities**: · - Performs planned maintenance and electrical safety inspections on a broad range of patient care and selected support equipment in compliance with established standards. · - Manages all assigned equipment and schedules service. · - Performs pre-accept ...


  • Guardian Life Insurance Company New York, United States

    The Financial Analyst is responsible for performing cost & benefit analysis to assist with prioritizing the Lean Business Cases (LBC) for all strategic and operational initiatives related to Group Benefits insurance products. This position will utilize a wide range of financial a ...


  • Citi New York, United States

    Global Systematic Stress Testing GSST program is an enterprise-wide stress testing program with a monthly cadence. The program is compliant with Citi's Enterprise Stress Testing Policy that interprets applicable regulatory guidance on stress testing and incorporates this guidance ...


  • Crothall Healthcare New York, United States

    **Key Responsibilities**: · - Performs planned maintenance and electrical safety inspections on a broad range of patient care and selected support equipment in compliance with established standards. · - Manages all assigned equipment and schedules service. · - Performs pre-accept ...


  • Avis Budget Group New York, United States

    **Operations Manager · - Entry Level** · **Salary: $62,400/yr + Company Vehicle (Gas, Insurance, Maintenance Included)** · Are you driven by a passion for customer satisfaction? Do you thrive in a fast-paced, high-pressure environment? Join us as an Operations Manager Trainee and ...


  • Lenmar Consulting Inc. New York, United States

    **Company Description** · Finance · Looking for 2-5 years of experience · Role will start onsite but ultimately be hybrid. · Role in the Equity Swap Trade Support team supporting and supervising 2 HIFs (Volcker and Client Money), ensuring all high risk corporate action events are ...


  • Red Bull Newark, United States

    **Company Description** · Reporting to the General Sales Manager, the District Sales Manager (DSM) is responsible for leading a group of Account Sales Managers (ASMs) that are accountable for in-store execution for a set group of essential customers. You will drive sales volume, ...


  • Front Desk Associates New York, United States

    As a Front Desk Agent, you will provide exceptional service to the business by greeting/assisting all visitors and answering and transferring incoming calls and support the conference room for corporate/group meetings, offering beverages and refreshments, light clerical duties li ...


  • BRAM Auto Group New York, United States

    **Job description**: · **BRAM Auto Group **is one of the largest family-owned businesses in the Tri-State area serving customers in New York and New Jersey for over 50 years. BRAM is a premier automotive management group · - we own and operate 12 innovative Dealership Locations r ...

  • Metropolitan Transportation Authority

    Testing Specialist

    6 days ago


    Metropolitan Transportation Authority New York, United States

    **Description** · **JOB TITLE**: Testing Specialist · **SALARY RANGE**: $63,820 - $76,172 · **HAY POINTS**: 323 · **DEPT/DIV**: People Department · **SUPERVISOR: Manager, Testing**: · **LOCATION**: 420, Lexington Avenue · **HOURS OF WORK**: 9:00 am - 5:30 pm (7 1/2 hours/day) · * ...