Risk Management, Model Risk Management - Software Developer, Associate
London
JR021756

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.

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.

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.

About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. We can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

What will you be doing?
• 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.

What we’re looking for:
• 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.

Skills that will help you in the role:
• Ability to work independently in a self-directed way in a collaborative, team-oriented environment
• The ability to effectively communicate with a wide range of stakeholders, both written and verbally.
• An interest in working in a fast-paced environment, often balancing multiple high priority deliverables

Where will you be working?
This role is based in 20 Bank Street, London.

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.

Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.