Morgan Stanley

Posting Date

Mar 26, 2024

Primary Location

Non-Japan Asia-India-Maharashtra-Mumbai (MSA) Refer to Position Description

Job

Other Full Time Vice President

Description

• IMPORTANT* Recruiter will finalize JD with the Hiring Manager during the intake meeting once role opens in Taleo to ensure it meets Firm job description guidelines and Job Architecture requirements. Please ONLY populate the relevant [INSERT] sections below. Further guidance on job descriptions can be found by typing 'careers' in your browser.

Technical Specialist - P4

{A Topline Description of the Role - max 1 sentence} We're seeking someone to join our team as a Vice President to provide assurance coverage of Model Risk.

{B Standard Description of Division & JA Job Family} In the Audit division, we provide senior management an objective and independent assessment of the Firm's internal control environment for risk management and governance. This is a Vice President level position within the [RECRUITER to add standard JA Job Family Description based on Job Family specified in the Job Profile].

{C Standard Description of the Firm} Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions and individuals around the world achieve their financial goals.

{D Standard Description of location GCs/Paris/Frankfurt only} [RECRUITER to insert where applicable]

{E Standard} Interested in joining a team that's eager to create, innovate and make an impact on the world? Read on...

{F Part 1: Scope of Role What you'll do}

What you?ll do in the role:

• Formulate and lead a wide range of assurance activities to assess risks within coverage area and the state of controls in place to mitigate them
• Proactively identify risk and emerging risk, and factor into risk assessment and assurance coverage
• Articulate actionable insights to management regarding criticality and impact of risks to the business
• Effectively partner with colleagues and stakeholders globally to drive effective working relationships
• Align projects and initiatives with department and coverage area priorities, and oversee team's execution of deliverables in accordance with audit methodology and quality standards
• The role will reside within the Internal Audit's- Risk Management (Quantitative Analysis Group) audit team in Mumbai. The QAG team is responsible for
• Secondary Reviews of Quantitative Models and Validations: Audit the model development and validation methods and procedures of the IRB, Compliance and Operational Risk Models on an annual basis.

Qualifications

{F Part 2: Scope of Role What you'll bring}

What you'll bring to the role:

• At least 10 years' relevant experience would generally be expected to find the skills required for this role
• Advanced knowledge of industry, global markets and regulations relevant to coverage area
• Strong understanding of audit principles, methodology, tools and processes (e.g., risk assessments, planning, testing, reporting and continuous monitoring)
• Ability to articulate risk and impact clearly and succinctly to different audiences
• Effective change and project management techniques and ability to support teams in adapting new ways of working
• Ability to leverage and analyze data to inform focus and views on risk
• Ability to coach and mentor others and create an inclusive work environment for team
• > Good understanding of quantitative finance, Statistics and model development

> Knowledge of financial markets, financial mathematics and a basic fluency in stochastic calculus, statistics and Monte Carlo methods.

{G What you can expect from Morgan Stanley} [RECRUITER to add standard global paragraph]

{H Regional insertions e.g., Wage transparency, EEO, Regulatory etc.} [RECRUITER to insert standard disclosures for location and division where applicable]