Programme Manager - IT Operating Model Transformation

OverviewModel Risk Management (IRB), Vice President - London. This role resides within Firm Risk Management's Model Risk Management Department which provides independent model risk control, review and validation of models used by Morgan Stanley. Coverage includes derivative pricing models across product areas (interest rates, currencies, commodities, equities, credit, securitized products) as well as models used to monitor counterparty credit risk (CVA/IMM), credit risk (IRB), market risk (IMA), operational risk, capital and liquidity stress tests. 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 collaborates with Model Risk Management colleagues globally. Morgan Stanley Risk Management supports the firm by partnering with business units to realize efficient risk-adjusted returns and protect the firm from exposures across credit, market, integrity, excellence and teamwork, and offer a comprehensive set of employee benefits and opportunities for career growth. Flexible work arrangements are considered; speak with our recruitment team to learn more. Morgan Stanley is an equal opportunities employer and is committed to a diverse and inclusive environment.#J-18808-Ljbffr Similar jobs

Model Risk Management (IRB)

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Model Risk Management (IRB), Vice President LondonJR025999This role resides within Firm Risk Management's Model Risk Management Department which provides independent model risk control, review and validation of models used by Morgan Stanley. These include derivative pricing..., A leading financial consultancy seeks a Credit Risk Manager with experience in developing and validating retail credit risk models under IFRS 9 and IRB. The role involves leading a team of Senior Consultants, ensuring compliance with PRA and EBA guidelines, and engaging..., A global financial services firm is seeking a Vice President for their Model Risk Management Department in London. This role involves validating model risk, collaborating with global teams, and managing IRB-specific projects. The ideal candidate will have a Master's or..., A forward-thinking insurance company is seeking an experienced Senior Actuary for a short-term contract in London, offering £900 - £1,100 per day. The role involves conducting in-depth actuarial analysis, developing actuarial models, and providing actionable insights to..., An established bank in London is seeking a Stress Testing Manager to lead the design and execution of credit risk models and stress testing processes. The successful candidate will have experience in developing credit risk models like PD, LGD, and EAD, along with the..., A leading specialty risk underwriting organization in Greater London offers an opportunity for a candidate to analyze and report on natural catastrophe exposure. The role involves data management, ensuring accurate data capture, and providing key insights for..., A leading specialist bank is seeking a Retail Risk Director to oversee credit risk across Retail Finance portfolios. This strategic role involves influencing the Retail ExCo and leading a team in driving transformation initiatives. Key responsibilities include managing..., Job Description Financial Risk Oversight Manager (2LOD) Start: ASAP Duration: 3 months Day Rate: Competitive(inside IR35) Location: Central London (Hybrid) Specific Accountabilities - Deliver independent assurance to the BANK Board on key internal and regulatory...

liquidity, operational, model and other risks. What you'll be doingConduct model validation for Internal-Risk-Based (IRB) models, predominantly wholesale IRB, 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 and senior management Collaborate with Global MRM teams, Developers, Model Control Officers, Credit and Capital Teams and Risk Managers to manage model risk across the model lifecycle Cultivate and manage effective relationships with regulators by providing accurate and timely submissions Manage a team of reviewers and/or IRB-specific projects What We're Looking ForMaster's or Ph.D. degree (or equivalent) in Finance, Economics, Mathematics, Physics, Engineering, or a related quantitative field In-depth knowledge of mathematical finance or statistics and numerical techniques Minimum of 5 years of relevant model risk management and/or quantitative modelling experience Experience with IRB models wholesale, retail and securitization gained at a financial institution (preferred) Understanding and ideally working knowledge on Internal-Based Rating (IRB) models such as PD, LGD, EAD, Stress testing, IFRS9 Experience of developing risk models using Python and R Skills That Will Help You In The RoleInterest in working in a fast-paced environment, often balancing multiple high-priority deliverables Strong communication skills with stakeholders, both written and verbal Where you'll be workingThis role is based at 20 Bank Street, London. What You Can Expect From Morgan StanleyWe are a global financial services firm providing investment banking, securities, investment management and wealth management services. We value, Wholesale IRB Modeller £70K-£100K London 3 days a week We are looking for a technically strong Wholesale IRB credit risk consultant with global exposure to join a great team. Key Requirements: * 5 - 10 years of experience in management consulting for financial services...

Hybrid Stress Testing & Credit Risk Manager (IRB), Job Description This AVP role focuses on the credit review and challenge of new leveraged finance transactions while managing a portfolio of leveraged loans. The position requires strong analytical skills, stakeholder engagement, and the ability to work very closely with...

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