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Morgan Stanley New York City, NY, United States 1538 jobs openings

Model Risk (Risk Management) : Job Level - Vice President

Onsite New York City, NY, United States Full Time Posted 9 hours ago
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Job details

Firm Risk Management
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.

Background on the Position

The role will reside within the Firm Risk Management's Model Risk Management (MRM) Department which is a team responsible for the Firm's management of risks related to the implementation and use of models and tools, covering all aspects of the Firm's businesses and implementing key regulatory requirements. This position is with the Chief Operating Office (COO) Team, which is responsible for coordinating various CAO activities for the global Model Risk Management group.

Primary Responsibilities
- Partner with a global Model Risk Management (MRM) team to plan, coordinate, and track project deliverables; manage routine processes, ensure on-time execution, and proactively escalate risks and issues across key initiatives.
- Serve as the primary MRM liaison to the Central COO organization, representing MRM priorities, coordinating cross-functional activities, and supporting enterprise-level governance and reporting.
- Support the MRM Chief Operating Officer (COO) and Chief Administrative Officer (CAO) with business-as-usual (BAU) activities, including budget management, strategic planning, headcount oversight and reporting, expense management and reporting and key presentations.
- Contribute to Annual CCAR, Bank Capital Planning, and Quarterly Stress Testing processes, with a focus on automation and process optimization to improve efficiency, accuracy, and scalability. Experience
- 5+ years of experience supporting COO/CAO organizations, delivering executive-level reporting, management information, and operational insights to enable decision-making across capacity, cost, and strategic priorities.
- Designed, built, and governed enterprise reporting and dashboards spanning headcount, budget, productivity, and performance metrics by integrating multiple data sources using advanced Excel (Power Query), SQL, VBA automation, Python, and Power BI.
- Trusted partner to senior leadership on headcount planning, workforce optimization, and budget management, translating strategic objectives into measurable KPIs, operating rhythms, and management dashboards.
- Drove strategy execution and operational governance, including tracking initiatives, managing milestones, preparing executive materials, and supporting business reviews, steering committees, Townhalls, and leadership forums.
- Advanced proficiency in Microsoft Office (Excel, PowerPoint, Visio, Word), with a strong record of producing clear, executive-ready narratives that connect data, risk, and outcomes for COO/CAO stakeholders.
- Strong written and verbal communication skills, with experience delivering clear project updates, timelines, risks, and status reports to cross-functional stakeholders and senior leadership.
- Demonstrated ability to anticipate risks and bottlenecks, manage prioritization, and escalate issues to drive timely project outcomes.
- Ability to work independently while partnering effectively across teams and functions to achieve shared objectives.
- Comfortable operating in a fast-paced environment, managing multiple concurrent projects and shifting priorities with strong attention to detail.
- Knowledge of Model Risk Management principles preferred (SR 11-7 / PRA 1/23)

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 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's 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.

Expected base pay rates for the role will be between $120,000 and $205,,000 year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).

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Model Risk (Risk Management) : Job Level - Vice President
Onsite New York City, NY, United States Full Time Posted 9 hours ago
Save Job