Quantitative Analytics Group, Analyst, Technical Specialist

We're seeking someone to join our team as an Analyst in Quantitative Analytics Group within Internal Audit

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world

What you'll do in the role:

• Secondary Reviews of Quantitative Models and Validations: Audit the model development and validation methods and procedures of the Market Risk Analytics Group, Operational Risk Analytics Group, Credit Capital and Rating Analytics, Institutional Securities Group and Model Risk Management on an annual basis. These audits cover the firm's key capital, risk and pricing models, including Comprehensive
• Capital Analysis and Review (CCAR), Value at Risk (VaR), Stressed VaR, Incremental Risk Charge, Comprehensive Risk Measure, Advanced Measurement Approach (AMA Operational Risk), Retail, Wholesale and Securitization Credit models and the full range of front office pricing models
• Closure Verification of Regulatory Findings: Verify work performed by the abovementioned clients to remediate regulatory findings in the form of Matters Requiring Immediate Attention (MRIA), Matters Requiring Attention (MRA), Market Risk Rules (MRR) and Observations. This involves a review of methodology and testing performed, and as necessary, additional testing by QAG
• Carrying out detailed quantitative audit of Market Risk, Credit Risk and Operational Risk model development and validation processes
• Carrying out detailed quantitative audit of pricing models development and validations
• Provide support on financial derivatives, risk analytics in other Internal Audit engagements
• Documenting all work performed in a clear, concise, and re-performable manner, uploading all work papers and reports into the Internal Audit work paper system
• Tracking and closing technical findings identified by US Federal Regulators or UK regulators (PRA), or resulting from model audits
• Periodic reporting to senior management

What you'll bring to the role:

• Good understanding of quantitative finance and model development.
• Knowledge of financial markets, mathematics, and a basic fluency in stochastic calculus, statistics and Monte Carlo methods
• Strong interpersonal skills to interact confidently within Internal Audit and wit internal clients.
• Knowledge of a wide range of financial products (Equities, Fixed Income, Commodities).

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.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background.  Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.