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Investment Management Model Control Associate Location: 522 5th Avenue
Morgan Stanley Investment Management ("IM") is one of the largest asset managers in the world. It offers a wide range of products and services, including a large family of domestic and international Equity, Fixed and Multi-asset class funds for individual and institutional investors. With over 30 years of global investment experience, IM offers its clients the personalized attention and service of a boutique, the intelligence and creativity of some of the brightest professionals in the industry and the global resources of Morgan Stanley. IM's comprehensive suite of investment strategies are designed to help meet the diverse needs of institutional investors throughout the world.
The Global Risk and Analysis group of Morgan Stanley Investment Management is looking to fill a position, at the Associate level, as the IM Model Control Analyst. This role is part of IM's quantitative research and model review group responsible for model control and the development and enhancement of quantitative risk analytics for the full range of investment products.
Manage/maintain the enhancement and operations of model inventory for the Investment Management division.
Primary curator and support for IM Model Control Committee.
Liaise with key stakeholders for e.g. Investment Teams, Model specialists, Technology teams, Firm's Model Risk Management to support model risk management project execution, change management, automation and reporting.
Primary model control liaison for Private side model used in the business.
Advisory support to model owners regarding documentation and model limitations and recommended enhancements.
Ensure model documentation is in line with regulatory guidance on model risk management, including OCC 2011-12 and SR 11-7 and related standards and metrics.
Required Education and Key Skills
1-3 years of experience in the financial services industry in a quantitative field, preferably with experience in model development/review, risk modeling and portfolio optimization
Master's Degree in a technical field such as Mathematics, Statistics, Econometrics or Operations Research