Model Risk (Risk Management) : Job Level - Associate
Morgan Stanley
This role resides within the Model Risk Management (MRM) Department which is dedicated to providing independent model risk control, review and validation of models used by Morgan Stanley. The Model Risk Infrastructure team is responsible for oversight, management, and facilitation of technology solutions that support the MRM group.
Background on the Position
The Efficiency Evolution team within MRM is looking to hire a skilled Software Developer focused on improving the efficiency and effectiveness of the department by increasing the quality and reproducibility of our existing code bases and developing new tools and information systems to support the process of model validation and independent testing.
To be successful, the candidate needs to have relevant educational background (computer science or other engineering field), relevant work experience, the ability to work independently, and a high sense of ownership. Information processed in the department is confidential and thus the candidate must demonstrate integrity.
Primary Responsibilities
- Prototype and evaluate new tools and workflows that will optimize the process of model validation.
- Design, develop, automatically test, and maintain high-quality software applications using Python.
- Develop and distribute well-documented Python packages to support internal tools and applications.
- Engage with stakeholders, such as model reviewers, to understand their needs and build the tools they require to perform their jobs more effectively and efficiently. - 3-5 years of software development experience
- Bachelor's or higher degree in Computer Science or a related field.
- Extensive experience with Python, Git, and Linux.
- Extensive experience with data management, analytics, and visualization.
- Proven track record of developing Python packages with appropriate documentation and test suites.
- Proven track record of developing robust Continuous Integration and Continuous Development pipelines.
- Strong background in Machine Learning and Statistics, ideally in the Banking/Finance industry.
- Experience with RDBMS and other types of database management systems.
- Excellent problem-solving skills and attention to detail.
- Strong communication skills, both written and verbal.
- Ability to work collaboratively in a team environment.
- Ability to prioritize and manage multiple competing objectives.
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.
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).