ED, P5, Model Development Job Level Executive Director
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Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Job Description
The primary responsibility is to act as a model developer for Valuation Control. Some of our processes such as the IPV reuse existing models owned by other cases we own our own models such as with Prudent Valuation calculations. As a model developer you will:
1. Improve on our EUC solutions by developing models to firm standards. Primarily you will develop models in Python. You will use the firms existing Risk Analytics framework for model management execution and deployment in partnership with MRD. It is an option for you to create scala based models in the firms ISG risk platform called RICE.
2. Provide risk-based models for Prudent Valuation calculations.
3. Provide oversight of any models developed in the RICE analytics platform by these cases model developers will sign off on the model this capacity model developers will be supported by other members of Valuation Control. Work in this capacity will be limited with most models developed directly by the model developers.
4. Initially focus on developing models owned by Valuation Control to meet PRA standards for Prudent Valuation. Following this you will also work on predictive AI to streamline processing and on big data analytics to improve understanding of our data. What youll bring to the role:
-Advanced understanding of Finance functional area industry and competitive environment and technical skills including risks and key regulations relevant to the division
-Strong technical skills
-Ability to inspire and support others by providing positive and constructive feedback and to acknowledge efforts of and promote team members
-Ability to manage risk and impact to functional area and create plans to mitigate those risks
-Experience in managing senior level stakeholder relationships
-Ability to provide vision and strategy on key development projects
-At least 12 years relevant experience would generally be expected to find the skills required for this role
Job Requirements
Python required Scala and/or willingness to learn Scala a positive
Math to a level of proficiency to interact with modellers in other parts of the firm and to build risk-based models
Years of experience flexible depending on the seniority at which the candidate is hired.
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.
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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:
Director
Key Skills
- Python
- C/C++
- Fortran
- R
- Data Mining
- Matlab
- Data Modeling
- Laboratory Techniques
- MongoDB
- SAS
- Systems Analysis
- Dancing
About Company
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1, ... View more
