Morgan Stanley Services Group, Inc. seeks a Vice President in New York, New York
Develop and enhance market risk models to ensure ongoing appropriateness with particular focus on securitized products and interest rate asset classes. Undertake research, modeling, development and analysis to ensure appropriate modeling and capture of risk, regulatory capital calculation, and ongoing compliance with regulatory requirements. Analyze and understand changes in risk metrics due to model and position changes to ensure the changes are as expected. Respond to audit, regulatory requests. Interact with various Risk departments within the Firm including Market Risk and Risk IT.
Salary : Expected base pay rates for the role will be between 136,000 and 190,000 per 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.
Requires a Master's degree in Quantitative Finance, Economics, or a related field of study and two (2) years of experience in the position offered or two (2) years as an Associate, Analyst, or a closely related occupation. Requires two (2) years of experience with: VaR; Risks not in VaR; Securitized products including Agency vs Non-Agency; Prepayment modelling; R; Excel; Regression techniques; SQL; Basel framework and upcoming FRTB rules; Research and development of appropriate modeling to capture risk; Analysis and understanding of changes in risk metrics.
Qualified Applicants : To apply, visit us at https://ms.taleo.net/careersection/2/jobsearch.ftl?lang=en Scroll down and enter 3209635 as the "Job Number" and click "Search jobs." No calls please. EOE Morgan Stanley Use Only: *LI-DNI