MRM Support & ChartBook, Global Investment Office, Associate, Wealth Management

Role Description

The role is based out of Mumbai and will require work across multiple teams in the Global Investment Office (GIO) to audit quantitative models to ensure their alignment with the requirements of the firm's Model Risk Management (MRM) group which is part of independent risk control, review and validation of models used by Morgan Stanley. This individual will conduct testing of a variety of models and provide written summaries of any findings. Additionally, this individual will support a variety of performance dashboards used within GIO to assist with data-driven decision-making across the business.

Primary Responsibilities

• Conduct model validation for a variety of models by challenging model assumptions, mathematical formulation, and implementation.
• Conduct independent testing to assess model accuracy and robustness under different scenarios and market conditions.
• Write comprehensive and high-quality review reports for models and tools validated for annual approvals and recertifications.
• Proactively identify and escalate thematic and idiosyncratic risk themes related to the models and tools under the coverage area, engage with relevant stakeholders in identifying effective approaches to managing such risks.
• Providing dashboard support to a variety of teams, which may include designing dashboards and regular updates of data from the data lake.

Qualifications

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.

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 - aren't just beliefs, they guide the decisions we make every day to do what&aposs best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll 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. 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.

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.

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Skills Required

Risk Management, model validation