Given the continued spread of COVID-19 (coronavirus), all interviews will be conducted by phone or virtual connection to protect our candidates and Morgan Stanley employees.

Working on real business challenges that provide opportunity for constant learning and advancement
Being part of the first line Investment Management (IM) business
Best cross asset exposure to help you take your skills to drive impactful change
Work closely with senior management from various business units
Supportive, vibrant and collaborative multinational team and environment
A competitive compensation and benefits package including eligibility for an annual bonus
Flexible working arrangements (core hours and opportunity to work from home)

Represent the Quantitative Research and Model Review (QRMR) team as the IM model control function across MSIM and at firm level on model risk management discussions and system and infrastructure initiatives
Support and shape model governance initiatives and strategy setting for model risk management
Engage in model development discussions, documentation, testing and validation
Perform model review including analysis of adequacy of testing and propose model testing strategies as required for Investment Management (IM) models, such as portfolio construction, research, risk, valuation, AI and advanced statistical models
Assess and document the performance of IM models
Analyze and document IM models
Assess quality of implementation of IM models and their compliance with policies and procedures
Support Deterministic Quantitative Methods (DQMs) governance initiatives, including implementation of appropriate controls and attestation of compliance to the DQM`s governance framework
Work closely with Morgan Stanley Model Risk Management to ensure appropriate application of model risk assessment for IM models and timely closure of key deliverables on model risk management
Work closely with portfolio managers (model owners) and quants (model developers) to ensure models are developed and maintained in accordance with policies and standards
Ensure model documentation is in line with regulatory model risk management guidance covering OCC 2011-12, SR 11-7 and other related standards and regulations
Serve as advisory function for portfolio managers (model owners) across the business regarding model documentation and provide recommendations on appropriate enhancements to help close model limitations
Work with the team to develop the proper framework for model risk assessment, model change control and ongoing model performance/health monitoring
Work closely with the team on projects and other strategic initiatives related to model governance enhancements

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Team Profile:

Morgan Stanley Investment Management (MSIM or IM) is one of the largest asset managers in the world. It offers a wide range of products and services, including a large family of domestic and international Equity, Fixed and Multi-asset class funds for individual and institutional investors. With over 30 years of global investment experience, IM offers its clients the personalized attention and service of a boutique, the intelligence and creativity of some of the brightest professionals in the industry and the global resources of Morgan Stanley. IM’s comprehensive suite of investment strategies are designed to help meet the diverse needs of institutional investors throughout the world.

Quantitative Research and Model Review (QRMR) team is part of the first line Business Unit risk management and analysis team that is responsible for developing leading quantitative solutions to support risk management of the funds and business as a whole, and centrally support model risk management for the business. The team has strong partnerships with investment teams, firm model risk, valuation, technology and trading.

About us: Morgan Stanley provides a superior foundation for building a professional career - a place for people to learn, achieve and grow. You will be exposed to a truly international and multi-cultural environment that appreciates and respects individuality. Our state-of-the-art offices in the City Centre have been designed to maximize collaboration. BPMM

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 maximise 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.