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 1,200 offices in 43 countries.
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. Morgan Stanley 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.
The position advertised is in the Institutional Securities Group (ISG) Model Management group within ISG Management in London. ISG Model Management is a part of the Firm's First Line of Defense and responsible for a broad range of control initiatives across ISG with an emphasis on mitigating risk borne from use of models. In particular, the team focuses on developing and implementing standards and controls for models used in ISG and improving control practices to help ISG to meet regulatory requirements. Members of the group interact with traders, strategists, control functions, technology, and EMEA and Global senior management. The ideal candidate is self-motivated with a strong desire to learn and excel, has relevant experience within the financial services industry, as well as excellent communication skills and good analytical skills.
The primary responsibilities include supporting the daily activities and initiatives of the group, such as:
Monitoring compliance with established policies and procedures: reviewing model use and trading activities through daily alerts and ad hoc reporting. Investigating and escalating exceptions to policies and assisting with their resolution
Producing and developing reports for overseeing model risk for internal and external stakeholders
Engaging and assisting key stakeholders in the implementation of procedures ensuring consistency of framework across all business units.
Help identify opportunities for improvements of existing control framework and participate in projects to enhance controls.
Perform ad-hoc analyses to support continuous improvement of the control processes
Acquire a high-level understanding of risk and valuation models across the firm
The ideal candidate has a bachelor's degree
Previous relevant industry experience
Excellent verbal and written communication and interpersonal skills, confidence to present to senior management, able to balance various initiatives and deadlines simultaneously
Initiative and ability to facilitate communication among departments
Sound analytical and critical thinking skills
Sensitivity to detail and accuracy in everyday work
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.
Internal Number: 5613231
About Morgan Stanley
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