Jobs
>
London

    Model Risk Management - London, United Kingdom - Morgan Stanley

    Morgan Stanley
    Morgan Stanley London, United Kingdom

    Found in: One Red Cent EUR eFC C2 - 1 day ago

    Default job background
    Full time
    Description
    Model Risk Management (Traded Risk) - Vice President
    London

    Firm Risk Management (FRM) supports 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.

    This role resides within FRM's Model Risk Management (MRM) Department which is dedicated to providing independent model risk control, review and validation of models used by Morgan Stanley.

    These include models used to monitor market risk (IMA) counterparty credit risk (CVA/IMM), credit risk (IRB), operational risk, capital and liquidity stress tests as well as valuation models.

    MRM professionals in New York, London, Budapest, Frankfurt, Mumbai and Tokyo work closely with business quantitative strategists, risk analytics, risk managers and financial controllers.

    The London team works collaboratively with members of Model Risk Management across all model areas globally.

    About Morgan Stanley

    Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.


    As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic.

    We can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow.

    A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

    What will you be doing?


    • Conduct model validation for market risk models (VaR/Stressed VaR/Risks not in VaR/FRTB) by challenging model assumptions, mathematical formulation, and implementation
    • Conduct independent testing to assess model accuracy and robustness under different scenarios and market conditions
    • Assess and quantify model risks due to model limitations and develop compensating controls
    • Develop high-quality validation reports highlighting risks and limitations of models and communicate findings to stakeholders, senior management, and governance committees
    • Collaborate with Global MRM teams, Model Control Officers, Valuation Control and Risk Managers to manage model risk across the model lifecycle
    • Assist in cultivating and managing effective relationships with regulators by providing accurate and timely submissions

    What we're looking for:

    • Masters or Ph.
    D. degree (or equivalent) in Finance, Economics, Mathematics, Physics, Engineering, or a related quantitative field


    • In-depth knowledge of mathematical finance, derivative pricing, and numerical techniques
    • Understanding how model risk impacts the business, and business changes impact models
    • The ideal candidate has strong experience with market risk models gained at a financial institution
    • Strong technical / programming skills, experience developing pricing and risk models using Python, R or Excel VBA is a plus
    • Strong communication skills with ability to articulate complex concepts appropriately to different audiences including senior management, both written and verbally
    • An interest in working in a fast-paced environment, often balancing multiple high priority deliverables

    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.


    Equal opportunities statement:
    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.

  • Nashrock Recruitment

    Risk Manager

    Found in: SonicJobs Direct Apply UK - 5 days ago

    Nashrock Recruitment London, United Kingdom Full time

    Risk Manager - Insurance Market background essential · A Risk Manager is required with strong understanding of the insurance market and risk, ideally understands the operations of a Lloyd's syndicate and Underwriting, Solvency II and other regulatory requirements. · City of Lond ...

  • The Talent Partnership

    Security Risk Manager

    Found in: SonicJobs Direct Apply UK - 8 hours ago

    The Talent Partnership London, United Kingdom Full time

    Are you looking to work in a dynamic environment, ensuring the integrity and resilience of critical systems against the backdrop of a challenging cyber landscape. · My client a global communications company, base in the City of London is looking for dedicated Security Risk and M ...

  • BDO

    risk advisory controls manager

    Found in: SonicJobs Direct Apply UK - 2 days ago

    BDO London, United Kingdom Full time

    Ideas | People | Trust · We're BDO. An accountancy and business advisory firm, providing the advice and solutions entrepreneurial organisations need to navigate today's changing world. · We work with the companies that are Britain's economic engine – ambitious, entrepreneurially- ...

  • BDO

    risk advisory controls senior manager

    Found in: SonicJobs Direct Apply UK - 2 days ago

    BDO London, United Kingdom Full time

    Ideas | People | Trust · We're BDO. An accountancy and business advisory firm, providing the advice and solutions entrepreneurial organisations need to navigate today's changing world. · We work with the companies that are Britain's economic engine – ambitious, entrepreneurially- ...

  • Navartis

    Risk Manager

    Found in: Appcast UK C C2 - 2 days ago

    Navartis England, United Kingdom

    Job Title: Risk Manager / Senior Risk Manager · Location: UK Wide (Hybrid with travel to nearest office/client site) · Salary / Benefits: £40,000 - £80,000 dependant on level of experience · Company Information: · A leading Risk Management specialist company, with an array of p ...

  • OFX

    Manager, Risk

    Found in: Appcast UK C C2 - 15 hours ago

    OFX London, United Kingdom

    Hi. We're OFX, a global provider of online, international payment services. We solve the complexity of moving money and enable better decisions. Headquartered in Sydney with offices worldwide, we're a customer-focused business that is all about inspiring customer confidence. · At ...

  • Goldman Sachs

    Risk Management

    Found in: Appcast UK C C2 - 1 day ago

    Goldman Sachs London, United Kingdom Finance

    WHAT WE DO · Embedded in everything we do, risk management is key to effectively identifying, monitoring and anticipating the diverse array of risks the firm faces in serving clients and operating its global businesses. · The Risk business is a team of specialists charged with ma ...

  • Barclay Simpson

    Risk Manager

    Found in: Ziprecruiter UK C2 - 1 day ago

    Barclay Simpson London, United Kingdom

    Job Description · Exciting Opportunity: Front Office Risk Manager - Clearing Risk Department · Join our team at one of the world's largest futures and options clearing houses As a front office risk manager in our Clearing Risk Department (CRD), you'll shape and oversee risk manag ...

  • Janus Henderson Investors

    Risk Manager

    Found in: Appcast UK C C2 - 1 day ago

    Janus Henderson Investors London, United Kingdom

    Why work for us? · A career at Janus Henderson is more than a job, it's about investing in a brighter future together. · Our Mission at Janus Henderson is to help clients define and achieve superior financial outcomes through differentiated insights, disciplined investments, and ...

  • Tandem Search

    Risk Manager

    Found in: Appcast UK C C2 - 5 days ago

    Tandem Search London, United Kingdom

    Manager - Model Development/Validation (Credit Risk) · Experience: · Credit Risk Modeling: Minimum 4 years developing and/or validating credit risk models, with at least 1 year in a consulting role. · IRB Expertise: Deep understanding of operational tasks for IRB model developm ...

  • Barclay Simpson

    Risk Manager

    Found in: Appcast UK C C2 - 1 day ago

    Barclay Simpson London, United Kingdom

    Exciting Opportunity: Front Office Risk Manager - Clearing Risk Department · Join our team at one of the world's largest futures and options clearing houses As a front office risk manager in our Clearing Risk Department (CRD), you'll shape and oversee risk management practices. · ...

  • Infraspec

    Risk Manager

    Found in: Appcast UK C C2 - 1 day ago

    Infraspec London, United Kingdom

    We are seeking a Risk Manager to join our client who is a major international construction consultancy, who will work on a major multi-million pound infrastructure programmes. · Responsibilities include but not limited to leading risk management processes, conducting quantitativ ...

  • ETRA Talent

    Risk Manager

    Found in: Appcast UK C C2 - 4 hours ago

    ETRA Talent London, United Kingdom

    Hi Treasury and Risk network, · We are currently looking for candidates for a potential client with background in liquidity risk, Treasury risk, enterprise risk. · Would be advantageous, if you have also worked on regulatory submissions too. · Whether you're an Analyst or VP l ...

  • Janus Henderson Investors

    Risk Manager

    Found in: Ziprecruiter UK C2 - 1 day ago

    Janus Henderson Investors London, United Kingdom

    Job Description · Why work for us? · A career at Janus Henderson is more than a job, it's about investing in a brighter future together. · Our Mission at Janus Henderson is to help clients define and achieve superior financial outcomes through differentiated insights, discipline ...

  • KBR, Inc

    Risk Manager

    Found in: Lensa US 4 C2 - 2 days ago

    KBR, Inc England, United Kingdom

    The Programme and Project Partners (PPP) model was mobilised in 2019 with the purpose of transforming major project delivery at the Sellafield nuclear site. · The partnership brings together KBR, Jacobs, Morgan Sindall Infrastructure, Altrad Babcock and Sellafield Ltd to deliver ...

  • Marlin Selection Recruitment

    Risk Manager

    Found in: Ziprecruiter UK C2 - 1 day ago

    Marlin Selection Recruitment London, United Kingdom

    Job Description · Our client, is looking for a Risk Manager with Power and Gas experience on the retail side to join the team in London. You will be supporting the risk transformation and change for the company through the business growth. · Your responsibilities will include: · ...

  • Infraspec

    Risk Manager

    Found in: Jooble UK O C2 - 14 hours ago

    Infraspec London, United Kingdom

    We are seeking a Risk Manager to join our client who is a major international construction consultancy, who will work on a major multi-million pound infrastructure programmes. · Responsibilities include but not limited to leading risk management processes, conducting quantitativ ...

  • Arcadis

    Risk Manager

    Found in: Appcast UK C C2 - 12 hours ago

    Arcadis London, United Kingdom Undefined

    Arcadis is the world's leading company delivering sustainable design, engineering, and consultancy solutions for natural and built assets. · We are more than 36,000 people, in over 70 countries, dedicated to improving quality of life. Everyone has an important role to play. With ...

  • Nationwide Building Society

    Risk Manager

    Found in: Jooble UK O C2 - 5 days ago

    Nationwide Building Society London, United Kingdom

    At the same time we are investing in the Operational Risk Oversight team in the second line of defence. Nationwide has a vast Technology estate and continually upgrading and investigating the benefits of introducing new technology, but our focus is always on improving technology ...

  • Sanderson PLC

    Risk Manager

    Found in: Jooble UK O C2 - 6 days ago

    Sanderson PLC England, United Kingdom

    Risk and Insurance Manager · Manufacturing · Hybrid working · Responsibilities include identifying potential and current insurable risks, analysing the financial impact of those risks, and reducing the total cost of risk by mitigating loss and protecting assets through the manage ...