Model Development (Risk Management) – Associate
Morgan Stanley
17 hours ago
•No application
About
- - Support enhancement of PD models, while ensuring compliance with different regulatory requirements (UK, EU) and internal standards. - Collaborate in a global team environment to contribute to projects such as: Enhancement/development of global models. Benchmarking, testing and performance monitoring of models. - Support line-by-line self-assessment processes against relevant regulations such as CRR, EGIM for above models. - Support review and challenge of the data and assessments provided by Credit, seek second line approval by demonstrating model conceptual soundness, and strong model performance, as well as ensure compliance with relevant global and regulatory standards for the models. FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views. - MSc or equivalent in a quantitative subject - Understanding rapidly evolving landscape of statistical techniques used in risk modelling such as machine learning. - Knowledge of relevant IRB regulations and requirements (UK and EU) -The ability to effectively communicate with a wide range of stakeholders, both written and verbally. - An interest in working in a fast-paced environment, often balancing multiple high priority deliverables. -The ability to work independently in a self-directed way in a collaborative, team-oriented environment 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. If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks. Flexible work statement Interested in flexible working opportunities? Speak to our recruitment team to find out more. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.



