Model Risk Quantitative Auditor
Morgan Stanley · Chicago, Illinois · $85,000 to $120,000 a year
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Welcome to Morgan Stanley, a global financial services firm with a rich history and a dynamic future. We are seeking a highly skilled and motivated individual to join our team as a Model Risk Quantitative Auditor. In this role, you will play a critical role in ensuring the accuracy and effectiveness of our risk models, a key component of our risk management framework. We are looking for someone who is passionate about quantitative analysis, has a strong understanding of financial markets, and is committed to upholding the highest standards of integrity and professionalism. If you are ready to take on a challenging and rewarding role in a fast-paced and collaborative environment, we encourage you to apply for this exciting opportunity.\n\nConduct thorough and independent audits of risk models to ensure accuracy and effectiveness.
Evaluate the design and implementation of risk models, identifying any potential weaknesses or areas for improvement.
Utilize quantitative analysis techniques to assess the performance and validity of risk models.
Collaborate with cross-functional teams to gather and analyze data from various sources.
Develop and maintain documentation of audit findings, including recommendations for remediation.
Stay up-to-date with industry best practices and regulatory requirements related to risk modeling.
Communicate audit results and recommendations to stakeholders, including senior management.
Participate in the development and enhancement of risk management policies and procedures.
Identify and escalate any potential risks or issues related to risk models.
Maintain a high level of integrity and professionalism in all interactions and work products.
Demonstrate a strong understanding of financial markets and the role of risk management in the financial services industry.
Actively contribute to a collaborative and fast-paced team environment.
Continuously seek opportunities for process improvement and efficiency.
Adhere to all company policies and procedures, as well as industry regulations and standards.
Attend training and professional development opportunities to enhance skills and knowledge.
Morgan Stanley is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.