Model Risk Management Analyst, Valuation Models
Model Risk Management Analyst, Valuation Models
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
Were seeking someone to join our team as a Model Risk Management Analyst Valuation Models. Are you interested in how mathematical models help the business What could be the risks when we use these models in the financial industry You will gain insight into global model risk management.
In the Firm Risk Management division we advise businesses across the Firm on risk mitigation strategies develop tools to analyze and monitor risks and lead key regulatory initiatives. The Model Risk Management group is part of the Global Firm Risk Management (FRM) department of Morgan Stanley and it has global responsibility for the independent risk control review and validation of models used by Morgan Stanley. These include pricing models for derivatives in all asset classes as well as models used for counterparty credit risk (CVA) market risk credit risk operational risk wealth management products and capital and liquidity stress addition to traditional methodologies MRM also reviews AI and ML models and GenAI solutions. MRM professionals in New York London Budapest Frankfurt Mumbai and Tokyo work closely with business capital risk analytics risk managers and financial controllers. The Budapest team works closely with other members of the Model Risk Management group on model issues across all asset classes globally.
Since 1935 Morgan Stanley is known as a global leader in financial services always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
What youll do in the role:
Work as part of a global team of model risk professionals to understand sophisticated mathematical models used by the business for valuation and risk management
Work closely with model developers market risk managers and valuation controllers to understand not only the models but also the business context in which they need to perform well
Continuously challenge the models with a forward looking what could go wrong mindset
Review test challenge and independently implement valuation models
Conduct on-demand analyses of model performance
Produce and maintain written model review reports
What youll bring to the role:
Masters or Ph.D. degree in Mathematics Mathematical Finance Physics Engineering Finance Economics or a related quantitative field
0-5 years of experience with quantitative models preferably in financial derivative pricing models
Genuine and broad interest in financial markets and derivatives; internal drive to effectively challenge and improve models with a quantitative and practical mindset
Clear thinking good business sense and judgment proactive and collaborative attitude
Strong interpersonal and communication skills
Interest or experience with programming in a high-level language such as Python is a plus
What you can expect from Morgan Stanely:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first doing the right thing leading with exceptional ideas committing to diversity and inclusion and giving back - arent just beliefs they guide the decisions we make every day to do whats best for our clients communities and more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll find an opportunity to work alongside the best and the brightest in an environment where you are supported and empowered. 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. Theres also ample opportunity to move about the business for those who show passion and grit in their work.
Budapest Morgan Stanley Budapest is an integral part of the Firms global business functions including Technology Finance Risk Institutional Securities and Wealth Management. Morgan Stanley has been rooted in the Budapest community since 2006 and is considered a leading employer among the areas highly skilled talent. Our innovative team delivers deep technical and mathematical expertise to support the Firms capabilities in quantitative analysis data analysis and risk management. Learn more about our unmatched culture in Morgan Stanley Budapest.
#LI-hybrid #BPMM
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first doing the right thing leading with exceptional ideas committing to diversity and inclusion and giving back - arent just beliefs they guide the decisions we make every day to do whats best for our clients communities and more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll find an opportunity to work alongside the best and the brightest in an environment where you are supported and empowered. 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. Theres also ample opportunity to move about the business for those who show passion and grit in their work.
Certified Persons Regulatory Requirements:
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 Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Morgan Stanley is an equal opportunities employer. 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.
Required Experience:
IC
Employment Type
Full-Time
