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Early Warning Services, LLCNew York City, NY

$154,000 - $193,000 / year

At Early Warning, we've powered and protected the U.S. financial system for over thirty years with cutting-edge solutions like Zelle, Paze℠, and so much more. As a trusted name in payments, we partner with thousands of institutions to increase access to financial services and protect transactions for hundreds of millions of consumers and small businesses. Positions located in Scottsdale, San Francisco, Chicago, or New York follow a hybrid work model to allow for a more collaborative working environment. Candidates responding to this posting must independently possess the eligibility to work in the United States, for any employer, at the date of hire. This position is ineligible for employment Visa sponsorship. Overall Purpose The Sr. Risk Manager will support Early Warning's strategy of driving a culture of risk management by contributing to the execution, monitoring, maintenance, and continued development of the Company's Enterprise Risk Management Program. Essential Functions Ability to synthesize risk data from multiple sources to identify cross-functional implications, measure potential impact, and communicate control and risk mitigation recommendations. Lead the effort in identifying, measuring, and analyzing KRI/KPI metrics for the delivery of risk reporting. Creation and ongoing review of metrics (KRIs/KPIs) and ability to determine trends, variances, and identify areas in which positive changes can be made. Contribute to the development, execution, and reporting of the annual enterprise risk assessment. Assist the Director of Enterprise Risk Management with facilitating the enterprise risk appetite with appropriate support and training across the business teams. Lead and facilitate ERM Risk and Control Self-Assessments (process maps, RCMs, RCSA performance, control certifications, LOD2 reports). Build and maintain ERM Policies, Standards, and Procedures. Build rapport and relationships across the enterprise to foster the organization in the maturity of owning and managing their risk and controls. Educate and train employees in the company's risk management program and policies. Establish and maintain effective working relationships within the business units and departments. Identify and implement processes improvement efforts. Lead other various enterprise risk management projects and deliver with minimal oversight from the VP of Enterprise and Operational Risk Management and Director of Enterprise Risk Management. Support the company's commitment to protect the integrity and confidentiality of systems and data. Minimum Qualifications Education and experience typically obtained through completion of a Bachelor's degree in Computer Science, Business Administration, Finance, Accounting or related field. 10 or more years of audit, operational risk or other risk management experience. In-depth knowledge and experience of risk management and internal control leading practices. Solve complex problems; propose new perspectives using existing solutions. Act as a resource for colleagues with less experience. Explain difficult or sensitive information; works to build consensus. General knowledge of regulatory requirements specific to the business-line. Exemplary communication and presentation skills. Superior organization skills. Process Mapping. Preferred Qualifications Knowledge of COSO's Internal Control- Integrated Framework 5 or more years of experience within a three-lines of defense program, preferably with a financial institution. Physical Requirements Working conditions consist of a normal office environment. Work is primarily sedentary and requires extensive use of a computer and involves sitting for periods of approximately four hours. Work may require occasional standing, walking, kneeling and reaching. Must be able to lift 10 pounds occasionally and/or negligible amount of force frequently. Requires visual acuity and dexterity to view, prepare, and manipulate documents and office equipment including personal computers. Requires the ability to communicate with internal and/or external customers. Employee must be able to perform essential functions and physical requirements of position with or without reasonable accommodation. Candidates responding to this posting must independently possess the eligibility to work in the United States at the date of hire. The above job description is not intended to be an all-inclusive list of duties and standards of the position. The base pay scale for this position in: New York, NY in USD per year is: $154,000 - $193,000. Additionally, candidates are eligible for a discretionary incentive plan and benefits. This pay scale is subject to change and is not necessarily reflective of actual compensation that may be earned, nor a promise of any specific pay for any specific candidate, which is always dependent on legitimate factors considered at the time of job offer. Early Warning Services takes into consideration a variety of factors when determining a competitive salary offer, including, but not limited to, the job scope, market rates and geographic location of a position, candidate's education, experience, training, and specialized skills or certification(s) in relation to the job requirements and compared with internal equity (peers). The business actively supports and reviews wage equity to ensure that pay decisions are not based on gender, race, national origin, or any other protected classes. Early Warning Services is an affirmative action and equal opportunity employer. Some of the Ways We Prioritize Your Health and Happiness Healthcare Coverage- Competitive medical (PPO/HDHP), dental, and vision plans as well as company contributions to your Health Savings Account (HSA) or pre-tax savings through flexible spending accounts (FSA) for commuting, health & dependent care expenses. 401(k) Retirement Plan- Featuring a 100% Company Safe Harbor Match on your first 6% deferral immediately upon eligibility. Paid Time Off- Flexible Time Off for Exempt (salaried) employees, as well as generous PTO for Non-Exempt (hourly) employees, plus 11 paid company holidays and a paid volunteer day. 12 weeks of Paid Parental Leave Maven Family Planning - provides support through your Parenting journey including egg freezing, fertility, adoption, surrogacy, pregnancy, postpartum, early pediatrics, and returning to work. And SO much more! We continue to enhance our program, so be sure to check our Benefits page here for the latest. Our team can share more during the interview process! Early Warning Services, LLC ("Early Warning") considers for employment, hires, retains and promotes qualified candidates on the basis of ability, potential, and valid qualifications without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote equal employment opportunity and affirmative action, in accordance with all applicable federal, state, and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our employees. Early Warning Services LLC is a proud participant in E-Verify, a federal program to help ensure a legal and authorized workforce. As part of our hiring process, we electronically verify the employment eligibility of all new hires through E-Verify. For more information on your rights and responsibilities under E-Verify please visit Home | E-Verify.

Posted 1 week ago

Morgan Stanley logo
Morgan StanleyNew York, NY

$100,000 - $140,000 / year

Model Risk Management Morgan Stanley's Model Risk Management (MRM) department resides within FRM. MRM's Regulatory Risk Team has several responsibilities that help to manage the regulatory risk faced by the function (e.g., management of regulatory exams, meetings, requests, and findings). The scope is global with a focus on the US where regulatory agencies include the FRB, OCC, SEC, and NFA. This position offers the candidate a unique opportunity to manage and influence MRM related regulatory activities with close interaction across numerous stakeholders within Business and Control functions. Primary Responsibilities Manage process for regulatory exams/requests and supervisory meetings including preparation of regulatory reporting materials. This includes interacting with a large number of stakeholders across various functions and sometimes managing through multiple concurrent deliverables with sensitive timelines (48 hour turnaround time). Maintain and streamline reporting on regulatory trends, deliverables and statistics for MRM globally, including summarizing information and creating dashboards for senior management; report to a variety of committees, as needed. Manage process of review and challenge of issue remediation with MRM senior management. This includes handling large data sets and engaging with appropriate MRM stakeholders globally to prepare monthly materials. Experience Bachelor's degree required in Finance, Economics, Computer Science or other business or risk management related areas Excellent verbal and written communication skills and comfortable communicating with a wide range of stakeholders that have a technical mindset Strong attention to detail and ability to summarize information in easy digestible formats, as well as previous experience with Model Risk Management framework desired Ability to prioritize and manage multiple competing deliverables Pragmatic problem solver and forward thinker Advanced working knowledge of MS Office and related applications (Outlook, PowerPoint, Excel, Word, Teams) Knowledge of various regulatory guidance/requirements (SR 11-7, SS 1/23) Self-motivator and team player who brings a can-do approach 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. Expected base pay rates for the role will be between $100,000 and $140,000 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 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).

Posted 30+ days ago

El Camino Hospital logo
El Camino HospitalMountain View, CA

$74 - $111 / hour

El Camino Health is committed to hiring, retaining and growing the best and brightest professionals who will carry our mission and vision forward. We are proud of our reputation in the community: One built on compassion, innovation, collaboration and delivering high-quality care. Come join the team that makes this happen. Applicants MUST apply for position(s) by submitting a separate application for each individual job posting number they are interested in being considered for. FTE 1 Scheduled Bi-Weekly Hours 80 Work Shift Day: 8 hours Job Description The Risk Management Specialist coordinates and assists in the implementation of risk management and patient safety activities. The Risk Management Specialist is responsible for review and analysis of event reports and data to identify trends and risk reduction and performance improvement opportunities. This position also assists in coordinating and monitoring action plans associated with risk mitigation activities, reporting of trends to departments and managers, identification of preventable versus non preventable outcomes, facilitation of multidisciplinary teams to reduce the frequency of risk related incidents, assists identification, evaluation and classification process related to safety events, participates in enterprise patient safety project initiatives and preparation of reports on risk/patient safety trends for the enterprise. This position works collaboratively with internal teams to integrate, evaluate and implement the impact of information on the development of safe practices throughout the organization and achieving high reliability healthcare. Qualifications Minimum two (2) years of hospital clinical experience required; (5 )years preferred. Knowledge of medico-legal matters, risk management/patient safety programs preferred. Excellent communication skills, both oral and written, interpersonal, and facilitation skills Computer proficient with Excel, Word, PowerPoint, and Outlook. Ability to work with minimal supervision and to interact well with all levels of employees and physicians throughout the organization Collaborative and multitasking skills. Proven analytical and problem-solving skills. Ability to do report writing, meeting minutes, and update/change/make project plans. License/Certification/Registration Requirements RN or other clinical licensure required. Risk Management Certification preferred. Valid CA driving license and proof of auto insurance. Salary Range: $73.68 - $110.52 USD Hourly The Physical Requirements and Working Conditions of this job are available. El Camino Health will provide reasonable accommodations to qualified individuals with a disability if that will allow them to perform the essential functions of a job unless doing so creates an undue hardship for the hospital, or causes a direct threat to these individuals or others in the workplace which cannot be eliminated by reasonable accommodation. Sedentary Work - Duties performed mostly while sitting; walking and standing at times. Occasionally lift or carry up to 10 lbs. Uses hands and fingers. - (Physical Requirements-United States of America) An Equal Opportunity Employer: El Camino Health seeks and values a diverse workforce. The organization is an equal opportunity employer and makes employment decisions on the basis of qualifications and competencies. El Camino Health prohibits discrimination in employment based on race, ancestry, national origin, color, sex, sexual orientation, gender identity, religion, disability, marital status, age, medical condition or any other status protected by law. In addition to state and federal law, El Camino Health also follows all applicable fair and equitable employment policies from the County of Santa Clara.

Posted 4 weeks ago

Louisiana State University logo
Louisiana State UniversityBaton Rouge, LA
All Job Postings will close at 12:01a.m. CST (1:01a.m. EST) on the specified Closing Date (if designated). If you close the browser or exit your application prior to submitting, the application progress will be saved as a draft. You will be able to access and complete the application through "My Draft Applications" located on your Candidate Home page. Job Posting Title: Senior Risk Management Specialist- Risk Assessment Position Type: Professional / Unclassified Department: LSUAM FA - Ops- Risk and Insurance Services (Colorado Robertson (00007598)) Work Location: 0310 LSU Student Union Pay Grade: Professional Job Description: Job Summary: The Senior Risk Management Specialist for Risk Assessment leads the university's efforts to identify and evaluate risks across programs, projects, and agreements of various types. This position oversees review of risk transfer language and insurance coverage to ensure alignment with university standards and directs the university's certificate of insurance program and insurance requirements matrix. The Senior Specialist reviews third-party insurance documentation, advises departments in assessing risk transfer for new or ongoing projects, and coordinates with the Office of General Counsel, Procurement, Sponsored Programs, and other departments. The position also advances university-wide risk assessment efforts by helping identify potential risks, recommending appropriate risk treatments, and promoting consistent application of risk management practices. Working collaboratively and maintaining proactive communication with other Risk Management Specialists, the Assistant Directors, and university leadership, this role provides strategic guidance, expert coordination, and practical solutions that strengthen the university's risk culture and enhance the effectiveness of its risk management programs. Job Responsibilities: 25%- Risk Assessment and Transfer Oversight: Leads activities related to identifying, analyzing, and evaluating risks across university operations, programs, projects, and initiatives. Oversees the university's risk framework to identify and assess risks that may affect institutional objectives and resources. Works with departments to document risks, determine potential impacts, and recommend appropriate risk treatments. Provides expert guidance on insurance requirements and risk transfer strategies that promote consistent and effective risk management practices across the university. 25%- Agreement and Risk Transfer Review: Leads review of programs, projects, and agreements of various types, including contracts, waivers, and releases, to evaluate risk transfer and identify potential exposures. Collaborates with the Office of General Counsel, Procurement, Sponsored Programs, and other departments to ensure appropriate insurance and risk management provisions are incorporated. Oversees the university's insurance requirements matrix to ensure consistency and accessibility across departments. Reviews and advises on university policies and procedures to ensure alignment with risk management standards. 20%- Project and Operational Risk Evaluation: Leads evaluation of new projects, initiatives, and operational activities to identify and assess risks. Applies consistent evaluation criteria to document and recommend appropriate risk treatments. Provides expert consultation on risk transfer considerations related to new or changing programs. Advises university stakeholders to ensure risks are captured within the broader risk tracking and reporting frameworks. 15%-Certificate of Insurance Management and Third-Party Insurance Review: Leads the university's certificate of insurance (COI) process and reviews third-party insurance documentation for alignment with university requirements. Confirms appropriate coverage, limits, and endorsements, and ensures vendor compliance. Oversees organized recordkeeping and reporting for COI tracking, communication, and documentation processes. 10%- Training, Communication, and Outreach: Leads training and guidance to departments on insurance requirements, risk transfer practices, and risk assessment processes. Oversees development of communication materials, templates, and reference guides to promote consistent application of risk management standards. Provides high-level consultation and workshops for faculty, staff, and administrators to enhance risk awareness and effective risk treatment. 5%- Professional Development: Engages in ongoing professional learning and development to stay current with risk assessment, insurance, and contract management practices, including relevant legal and industry standards. Mentors others and promotes professional growth within the team while pursuing opportunities that enhance technical expertise and advance the university's risk management goals. Minimum Qualifications: Bachelor's degree in Risk Management, Business Administration, Law, Public Administration, or a related field. Master's Degree Substitutes for Two (2) Years of Experience. Juris Doctorate Degree for Three (3) Years of Experience. At least five (5) years of experience in risk assessment, contract administration, insurance, legal or a related field involving contract review, risk analysis, or policy compliance. LSU is dedicated to fostering an environment where our employees feel appreciated for their skills and individuality. If a candidate does not meet the minimum qualifications as listed but has substantial experience in the key job responsibilities, we encourage them to apply. Per LSU Policy Statement 18, this position is deemed essential to campus operations and will be required to report to, or remain on campus during times of emergency or closure. Preferred Qualifications: Bachelor's degree in Risk Management, Business Administration, Law, Public Administration, or a related field with Six (6) or more years of progressively responsible experience in risk assessment, contract administration, insurance, legal or a related field involving contract review, risk analysis, or policy compliance. Preferred Certifications/Licenses: Professional certification such as ARM, CRM, CPCU, or other related credential. Additional Job Description: Special Instructions: Please submit cover letter, resume, transcripts, any licenses required for the position and 3 references. For questions or concerns regarding the status of your application or salary range, please contact Colorado Robertson at 225-578-2249 or colorado.robertson@lsu.edu. Posting Date: December 19, 2025 Closing Date (Open Until Filled if No Date Specified): April 18, 2026 Additional Position Information: Background Check- An offer of employment is contingent on a satisfactory pre-employment background check. Benefits- LSU offers outstanding benefits to eligible employees and their dependents including health, life, dental, and vision insurance; flexible spending accounts; retirement options; various leave options; paid holidays; wellness benefits; tuition exemption for qualified positions; training and development opportunities; employee discounts; and more! Positions approved to work outside the State of Louisiana shall be employed through Louisiana State University's partner, nextSource Workforce Solutions, for Employer of Record Services including but not limited to employment, benefits, payroll, and tax compliance. Positions employed through Employer of Record Services will be offered benefits and retirement as applicable through their provider and will not be eligible for State of Louisiana benefits and retirement. Essential Position (Y/N): LSU is an Equal Opportunity Employer. All candidates must have valid U.S. work authorization at the time of hire and maintain that valid work authorization throughout employment. Changes in laws, regulations, or government policies may impact the university's ability to employ individuals in certain positions. HCM Contact Information: For questions or concerns related to updating your application with attachments (e.g., resumes, RS:17 documents), date of birth, or reactivating applications, please contact the LSU Human Resources Management Office at 225-578-8200 or email HR@lsu.edu. For questions or concerns regarding the status of your application or salary ranges, please contact the department using the information provided in the Special Instructions section of this job posting.

Posted 2 weeks ago

Morgan Stanley logo
Morgan StanleyNew York, New York

$165,000 - $275,000 / year

Firm Risk Management 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. Background on the Position The role will reside within the Firm Risk Management's Market Risk Department (MRD). Based in New York, this individual will report to MRD's Global COO. The successful candidate will lead the Firm's Fundamental Review of the Trading Book (FRTB) program, overseeing its strategic direction, regulatory compliance, and cross-functional execution across jurisdictions. Primary Responsibilities > Be the central point of accountability for program delivery, governance, stakeholder engagement, and regulatory interactions> Manage and drive the global FRTB program, ensuring alignment with firmwide strategic objectives and regulatory timelines> Provide regular updates on program status, risks, and strategic decisions to senior Risk and Finance management> Collaborate with stakeholders across Risk, Finance, Operations, Technology, and Front Office to ensure cohesive implementation and delivery> Chair and participate in senior risk and capital committees> Represent the Firm in industry forums and working groups Experience > Bachelor's degree in Finance, Economics, Mathematics, or related field> Proven track record in leading complex regulatory programs in global financial institutions> Strong understanding of risk and capital frameworks> Strong project management skills with experience in cross-functional 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. Expected base pay rates for the role will be between $165,000 and $275,000 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. 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).

Posted today

Morgan Stanley logo
Morgan StanleyNew York, New York

$120,000 - $200,000 / year

Firm Risk Management Firm Risk Management 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. Background on the Position The role will reside within the Firm Risk Management's Risk Analytics area. Risk Analytics develops market risk analytics, credit risk analytics, operational risk analytics and scenario analytics models providing quantitative analysis on the Firm's risk exposures. By developing mathematical and statistical models with risk overlays, Risk Analytics calculates the risks associated with specified sets of financial positions and day-to-day operations. Morgan Stanley is seeking a strong VP level candidate to join its Credit Exposure Methodology Group (CEMG), in FRM's Risk Analytics . The CEMG is responsible for the development of Counterparty Credit Risk Models used for both regulatory capital calculations and internal risk management. This role will be within the CEMG US team, reporting to the US Head of CEMG based in New York City, focused on internal and regulatory initiatives in the US and working closely with the global CEMG function in the UK/EU, Budapest and Mumbai. This individual will work closely with the various groups within the Credit Risk Management Department, Model Risk Management, Technology and Risk Governance in developing these counterparty credit risk models. Primary Responsibilities - Develop, enhance and maintain Counterparty Credit Risk (CCR) methodology.- Develop models for portfolio analytics purpose, such as credit limit setting and stress limit setting.- Write high-quality model documentation that satisfies the firm's internal model approval functions, audit requirements, and the Firm's regulators (e.g., FRB, OCC, SEC, etc.).- Closely work with other teams within FRM to provide regular ongoing model performance assessments, hypothetical risking analysis and override monitoring. Review analysis results with senior management and provide recommendations.- Working in an advisory capacity with local/global risk managers and Front Office stakeholders to ensure risk is appropriately captured.- Develop analytical tools to support to other teams within Firm Risk Management. ExperienceApplicants must have either graduated from a four-year accredited university with a quantitative major such as Math / Physics / Statistics / Econometrics /Engineering / Computer Science.- 5 to 10 years work experience in a quantitative research group at a commercial bank, investment bank, or consulting firm- Quantitative skills especially in the area of Monte Carlo simulation, derivatives pricing, hypothesis testing and regression- Strong skills in communication, critical thinking, and problem solving and collaboration- Curious about risk management, financial products, markets, and regulation- An interest in a fast-paced environment, often balancing multiple high priority deliverables- Strong attention to detail and ability to provide information in usable formats- Familiarity with coding languagesFirm Risk Management values diversity and is committed to providing a supportive and inclusive workplace for all employees.This role is hybrid and currently requires in office attendance 3 days/week. The in office requirement is subject to change at any time. 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. Expected base pay rates for the role will be between $120,000 and $200,000 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. 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).

Posted 1 day ago

Morgan Stanley logo
Morgan StanleyNew York, New York

$120,000 - $205,000 / year

Morgan Stanley's Firm Risk Management (FRM) Division is an exciting and rapidly growing space. We support 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.Responsibilities - - Conduct independent model reviews and validations according to Model Risk Management policies, regulatory requirements, and industry best practices - Prepare clear validation documentation for each model- Communicate validation findings to senior management and stakeholders Qualifications -- 10+ years of relevant risk management experience, including model risk and risk analytics. - Previous experience on reserve models including CECL and IFRS9 preferred. - Master's or Doctorate in a quantitative discipline (Economics, Statistics, Mathematics, Physics, Computer Science, or Engineering)- Knowledgeable in macroeconomics and markets. Familiar with wholesale and retail lending business. - Working knowledge of statistical techniques, quantitative finance, and programming is required; understanding of various complex financial instruments is beneficial. - Written and verbal communication skills, along with critical thinking, problem solving, and the ability to collaborate within a team, are necessary.- Familiarity with coding languages, particularly Python, is preferred.- Previous experience on stress loss modeling, PD, LGD, EAD modeling is helpful. - Knowledge of regulatory requirements (e.g., CCAR, ICAAP) and familiarity with regulators such as Fed, OCC, PRA, and EBA is preferred.- Interest in a fast-paced, collaborative setting with challenging tasks that blend fundamental, quantitative, and market skills is desirable. 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. Expected base pay rates for the role will be between $120,000 and $205,000 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. 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).

Posted today

N logo
NBC Operating LPFramingham, Massachusetts

$101,500 - $131,900 / year

TJX Companies At TJX Companies, every day brings new opportunities for growth, exploration, and achievement. You’ll be part of our vibrant team that embraces diversity, fosters collaboration, and prioritizes your development. Whether you’re working in our four global Home Offices, Distribution Centers or Retail Stores—TJ Maxx, Marshalls, Homegoods, Homesense, Sierra, Winners, and TK Maxx, you’ll find abundant opportunities to learn, thrive, and make an impact. Come join our TJX family—a Fortune 100 company and the world’s leading off-price retailer. Job Description: What you’ll do Join our team! We are seeking a Senior IT Risk & Compliance Analyst to enhance our growing IT Risk Management team. As a subject matter expert, you will play a crucial role in our Information Technology Risk Assessment Program. TJX IT is evolving from a compliance-driven organization to one that proactively focuses on risk management. This is a global role based in the US, and some travel requirements may be negotiable. Successful candidates will demonstrate: Ability to identify, assess, and communicate risks effectively. Capable of weighing likelihood, effectiveness of existing safeguards to make informed decisions. Works well with others to manage IT Risks and fosters teamwork. Leads complex risk and compliance reviews and assessments. Develops and communicates new workflows and processes. Evaluates and ensures alignment with IT standards and policies. Strong critical thinking skills and implements solutions with guidance. Effective communication with supervisors, team members, and stakeholders. Identifies and leads improvements in processes. What you’ll need Our team is looking for people who put our internal customers first, are passionate about delivering value without compromising associate experiences, not afraid to try new things in order to seek improvements and 100% outcome focused. Our teams span multiple time zones and cultures, so inclusivity is a must, working within and developing a team with varied strengths through inclusive behaviors is encouraged. Successful candidates will have: Experience and expertise in IT Governance, Risk, Compliance Management, at least 3 years in leading and conducting the IT Risk Assessments. A Bachelor’s degree in Computer Science, Cyber Security, or a related field, or equivalent experience. Strong knowledge of IT policies, laws, standards, and frameworks (e.g., ISO31000, ISO27000, PCI DSS, COSO, NIST). CISSP or CRISC certifications highly desired. CGRC or CISA with related IT experience Excellent understanding of modern IT Risk & Compliance concepts and methodologies. Proven ability to assess customer needs, creatively approach solutions, and decide on appropriate actions. Knowledge of IT industry trends and emerging technologies. Preferred: Familiarity will GRC technology platforms ( e.g., ServiceNow, Archer , etc.) Benefits include Associate discount; 401(k) match; medical/dental/vision; HSA; health care FSA; life insurance; short/long-term disability; paid holidays/vacation /sick/bereavement/parental leave; EAP; incentive programs for management; auto/home insurance discounts; tuition reimbursement; scholarship program; adoption/surrogacy assistance; smoking cessation; child care/cell phone discounts; pet/legal insurance; credit union; referral bonuses. All benefits are subject to applicable plan or program terms (including eligibility terms) and may change from time to time. Contact your TJX representative for more information. In addition to our open door policy and supportive work environment, we also strive to provide a competitive salary and benefits package. TJX considers all applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, gender identity and expression, marital or military status, or based on any individual's status in any group or class protected by applicable federal, state, or local law. TJX also provides reasonable accommodations to qualified individuals with disabilities in accordance with the Americans with Disabilities Act and applicable state and local law. Address: 300 Value Way Location: USA Home Office Marlborough MA 300 Value WayThis position has a starting salary range of $101,500.00 to $131,900.00 per year. Actual starting pay is determined by a number of factors, including relevant skills, qualifications, and experience. This position is eligible for an annual incentive.

Posted today

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Morgan StanleyNew York, New York

$100,000 - $140,000 / year

Model Risk ManagementMorgan Stanley's Model Risk Management (MRM) department resides within FRM. MRM's Regulatory Risk Team has several responsibilities that help to manage the regulatory risk faced by the function (e.g., management of regulatory exams, meetings, requests, and findings). The scope is global with a focus on the US where regulatory agencies include the FRB, OCC, SEC, and NFA.This position offers the candidate a unique opportunity to manage and influence MRM related regulatory activities with close interaction across numerous stakeholders within Business and Control functions.Primary Responsibilities -* Manage process for regulatory exams/requests and supervisory meetings including preparation of regulatory reporting materials. This includes interacting with a large number of stakeholders across various functions and sometimes managing through multiple concurrent deliverables with sensitive timelines (48 hour turnaround time). -* Maintain and streamline reporting on regulatory trends, deliverables and statistics for MRM globally, including summarizing information and creating dashboards for senior management; report to a variety of committees, as needed.-* Manage process of review and challenge of issue remediation with MRM senior management. This includes handling large data sets and engaging with appropriate MRM stakeholders globally to prepare monthly materials. Experience -* Bachelor's degree required in Finance, Economics, Computer Science or other business or risk management related areas-* Excellent verbal and written communication skills and comfortable communicating with a wide range of stakeholders that have a technical mindset -* Strong attention to detail and ability to summarize information in easy digestible formats, as well as previous experience with Model Risk Management framework desired-* Ability to prioritize and manage multiple competing deliverables-* Pragmatic problem solver and forward thinker-* Advanced working knowledge of MS Office and related applications (Outlook, PowerPoint, Excel, Word, Teams)-* Knowledge of various regulatory guidance/requirements (SR 11-7, SS 1/23)-* Self-motivator and team player who brings a can-do approach 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. Expected base pay rates for the role will be between $100,000 and $140,000 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 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).

Posted 1 day ago

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Morgan StanleyNew York, NY

$120,000 - $205,000 / year

Morgan Stanley's Firm Risk Management (FRM) Division is an exciting and rapidly growing space. We support 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. Responsibilities - Conduct independent model reviews and validations according to Model Risk Management policies, regulatory requirements, and industry best practices Prepare clear validation documentation for each model Communicate validation findings to senior management and stakeholders Qualifications - 10+ years of relevant risk management experience, including model risk and risk analytics. Previous experience on reserve models including CECL and IFRS9 preferred. Master's or Doctorate in a quantitative discipline (Economics, Statistics, Mathematics, Physics, Computer Science, or Engineering) Knowledgeable in macroeconomics and markets. Familiar with wholesale and retail lending business. Working knowledge of statistical techniques, quantitative finance, and programming is required; understanding of various complex financial instruments is beneficial. Written and verbal communication skills, along with critical thinking, problem solving, and the ability to collaborate within a team, are necessary. Familiarity with coding languages, particularly Python, is preferred. Previous experience on stress loss modeling, PD, LGD, EAD modeling is helpful. Knowledge of regulatory requirements (e.g., CCAR, ICAAP) and familiarity with regulators such as Fed, OCC, PRA, and EBA is preferred. Interest in a fast-paced, collaborative setting with challenging tasks that blend fundamental, quantitative, and market skills is desirable. 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. Expected base pay rates for the role will be between $120,000 and $205,000 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. 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).

Posted 30+ days ago

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Morgan StanleyNew York, NY

$120,000 - $200,000 / year

Firm Risk Management Firm Risk Management 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. Background on the Position The role will reside within the Firm Risk Management's Risk Analytics area. Risk Analytics develops market risk analytics, credit risk analytics, operational risk analytics and scenario analytics models providing quantitative analysis on the Firm's risk exposures. By developing mathematical and statistical models with risk overlays, Risk Analytics calculates the risks associated with specified sets of financial positions and day-to-day operations. Morgan Stanley is seeking a strong VP level candidate to join its Credit Exposure Methodology Group (CEMG), in FRM's Risk Analytics. The CEMG is responsible for the development of Counterparty Credit Risk Models used for both regulatory capital calculations and internal risk management. This role will be within the CEMG US team, reporting to the US Head of CEMG based in New York City, focused on internal and regulatory initiatives in the US and working closely with the global CEMG function in the UK/EU, Budapest and Mumbai. This individual will work closely with the various groups within the Credit Risk Management Department, Model Risk Management, Technology and Risk Governance in developing these counterparty credit risk models. Primary Responsibilities Develop, enhance and maintain Counterparty Credit Risk (CCR) methodology. Develop models for portfolio analytics purpose, such as credit limit setting and stress limit setting. Write high-quality model documentation that satisfies the firm's internal model approval functions, audit requirements, and the Firm's regulators (e.g., FRB, OCC, SEC, etc.). Closely work with other teams within FRM to provide regular ongoing model performance assessments, hypothetical risking analysis and override monitoring. Review analysis results with senior management and provide recommendations. Working in an advisory capacity with local/global risk managers and Front Office stakeholders to ensure risk is appropriately captured. Develop analytical tools to support to other teams within Firm Risk Management. Experience Applicants must have either graduated from a four-year accredited university with a quantitative major such as Math / Physics / Statistics / Econometrics /Engineering / Computer Science. 5 to 10 years work experience in a quantitative research group at a commercial bank, investment bank, or consulting firm Quantitative skills especially in the area of Monte Carlo simulation, derivatives pricing, hypothesis testing and regression Strong skills in communication, critical thinking, and problem solving and collaboration Curious about risk management, financial products, markets, and regulation An interest in a fast-paced environment, often balancing multiple high priority deliverables Strong attention to detail and ability to provide information in usable formats Familiarity with coding languages Firm Risk Management values diversity and is committed to providing a supportive and inclusive workplace for all employees. This role is hybrid and currently requires in office attendance 3 days/week. The in office requirement is subject to change at any time. 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. Expected base pay rates for the role will be between $120,000 and $200,000 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. 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).

Posted 30+ days ago

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Morgan StanleyNew York, NY

$120,000 - $205,000 / year

Market Risk Regulatory & Governance - Vice President 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. Background on the Position The MRD Governance & Controls team is a specialized group within the Market Risk Department (MRD), itself part of Firm Risk Management (FRM). This team provides governance and oversight for all market risk arising from the firm's business activities. Their core mission is to ensure that market risk is managed in accordance with regulatory requirements, internal policies, and best practices. The successful candidate will work to support regulatory compliance and execute effective governance and control processes. Primary Responsibilities > Manage governance and oversight for regulatory and internal audit matters involving market risk, including ongoing reporting, exams or reviews, ad-hoc interactions, as well as issue remediation. > Manage governance, oversight, and implementation of key risk management frameworks, and their associated policies & procedures > Collaborate with 1st Line of Defense to identify areas of improvement in the Firm's control framework > Serve as a central point of contact for market risk stakeholders and provide advice on governance matters > Effective communication of key regulatory, audit, and governance risks to senior management Experience > Candidate must have a bachelor's degree or equivalent > 5+ years' experience in financial services, preferably in risk management > Understanding of bank and swap dealer regulation related to risk management and risk capital > Familiarity with market risk management concepts, including scenario analysis, Value at Risk (VaR), stress testing, risk measures/greeks, and related risk management frameworks. > Strong communication skills and able to message appropriately to a variety of stakeholders at different levels of seniority > The ability to collaborate with a broad range of colleagues across departments and senior management > Attention to detail, project management, and prioritization skills will also be key in balancing daily deadlines with timely implementation of strategic projects FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views. 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. Expected base pay rates for the role will be between $120,000 and $205,000 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. 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).

Posted 30+ days ago

Morgan Stanley logo
Morgan StanleyNew York, NY

$100,000 - $140,000 / year

Morgan Stanley's Firm Risk Management (FRM) Division is an exciting and rapidly growing space. We support 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. Responsibilities Perform independent review and model validation for the firm's stress testing models for CCAR and BAU stress testing, CECL/IFRS9 models for reserve Provide effective challenge to the model conceptual soundness, perform independent tests, write comprehensive validation documentation for models validated Develop challenger model methodologies for the official production models Effectively communicate model validation conclusions to management - 3+ years' in relevant risk management experience including model risk management and risks analytics preferred Masters or Doctorate degree in a quantitative discipline such as Statistics, Mathematics, Physics, Computer Science or Engineering is preferred Working knowledge of statistical techniques, quantitative finance and programming is essential; good understanding wholesale lending and retail lending business is preferred Prior experience with developing or validating models is a plus Strong written and verbal communication, critical thinking, problem solving and team collaboration skills Familiarity with coding languages (Python preferred) Desire to work in a dynamic, team-oriented environment focusing on challenging tasks mixing fundamental, quantitative, and market-oriented knowledge and skills preferred 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. Expected base pay rates for the role will be between $100,000 and $140,000 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 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).

Posted 30+ days ago

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Morgan StanleyBaltimore, MD

$85,000 - $140,000 / year

Morgan Stanley provides highly customized financial advice, investment solutions and brokerage services. Our Firm connects people, ideas and capital to help our clients achieve their financial aspirations. The talent and passion of our people are critical to our success. Together, we share a common set of values rooted in integrity and excellence. Morgan Stanley's Wealth Management business is one of the largest in the world with more than $6 trillion in client assets. The Client Segments Organization, within Morgan Stanley Wealth Management, is comprised of various client channels, providing services to both individual and institutional Clients. Some of the services include Financial Management, Equity Stock Plans, Retirement Plans, Financial Wellness, Marketing, and Reinvestment. The Client Segment Exams and Operational Risk Team is a first line of defense function responsible for overseeing the operational risks and controls of Wealth Management's Client Segments business units. The team partners with business stakeholders, second and third lines of defense to assess and report on operational risks, implement control processes and procedures, manage audits and exams, oversee vendor risks, manage business continuity plans, and conduct the annual Non-Financial Risk Assessment (NFRA). This team is actively growing and taking on more responsibilities, so we are looking for an individual who can handle change and growth in a fast-paced environment. The Team is looking for a dynamic individual to help support Assessments and Data Management activities. This position provides support to various supervisory and operational risk functions with a focus on mitigating risk and improving the control environment. Primary Responsibilities: The role includes the following primary responsibilities: Serve as the primary assessments point of contact for client segment business aligned risk teams Identify and deconflict potential assessment overlap across client segment exams Support the planning and execution of individual client segment assessments, including clarification of exam scope, acquisition of risk data, review of self-identified issues, participation in exam meetings (as needed), and negotiation of draft reports and associated ratings Coordinate WM Field home office and market exams and ffacilitate associate field remedial actions Coordinate the build-out of assessments related process optimization tools and approaches Establish and maintain data governance standards to ensure the accuracy, consistency and security of data used in reporting including data collection, storage and retrieval Utilize advanced data analytics tools to gather, analyze and interpret data, providing actionable insights to stakeholders Provide guidance and support in interpreting metrics and making data-driven decisions Support the design and implementation of automated workflows including GenAI to optimize business operations and reporting Knowledge, Skills, and Abilities Excellent verbal and written communication skills; ability to present complex ideas, concisely, to a senior audience Strong leadership, stakeholder management and influencing skills Strong interpersonal skills and ability to work in a team-oriented environment Strong analytical and problem-solving skills Strong project management skills with the ability to multitask and prioritize Experience 6+ Years of financial services experience, preferably within Wealth Management Experience with internal audit and/or compliance exams Familiarity with Operational Risk domain and key concepts Intermediate/Advanced Excel, PowerPoint, Word and Visio skills Understanding of Generative AI tools and capabilities Education Bachelor's degree or equivalent 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. Salary range for the position: $85,000 and $140,000 per year. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which also may include a Maryland (Statewide) discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings. 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).

Posted 30+ days ago

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Morgan StanleyNew York, NY

$120,000 - $205,000 / year

Firm Risk Management 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. Background on the Position The role will reside within the Firm Risk Management's Market Risk Department (MRD) which is a team dedicated to providing governance and oversight of all market risk arising from the Firm's business activities. The successful candidate will join the Fixed Income Macro coverage team which oversees products in the interest rate, foreign exchange, and emerging market spaces as well as cross-asset trading strategies. Primary Responsibilities Morgan Stanley is seeking an experienced Macro (IR/FX/EM) risk manager to join the Market Risk Department (MRD), based in New York. > Continuously monitor the financial markets and measure the risk impact of a IR/FX/EM non-linear portfolio, including analyzing complex trades and trading strategies and assessing material weaknesses or overlooked risks and hedging strategies. Monitor market risks through the review of portfolio risk sensitivities, Value-at-risk (VaR), stress scenario analysis and limit management. > Facilitate discussion and encourage independent challenge of traders, trading management and strategists. > Understand P&L drivers and construct any necessary tools to facilitate risk and P&L analysis. > Participate in the formal new product approval process > Contribute to the assessment of the suitability and performance of pricing and risk models. Work with relevant groups to address material deficiencies > Continuously review limit and reporting framework to ensure appropriateness in light of new trades, business strategy, new product risk factors and market conditions > Development of risk methodologies, tools and involvement in system improvement working closely with traders, quantitative analysts, IT and other groups within the Firm > Utilize and enhance comprehensive stress tests that highlight key risks and participate in regular signoff of risk submissions to regulators and senior management. > Communicate key risks to senior management on a regular basis, including creation of presentations articulating key risks and portfolio changes, escalate emerging or developing risks as necessary > Liaise with and develop effective & constructive working relationships with a diverse set of stakeholders including Sales and Trading, Business Unit Risk Management, Desk Strategists, Finance, Technology and Operations and other groups within Firm Risk Management > Manage, mentor, train and develop a team of junior risk managers Experience > Candidate must have a bachelor's degree at a minimum and 5-8 years of market risk experience, quantitative background preferred. > Experience in Rates and/or FX derivatives is required. Product knowledge of interest rates and/or FX is preferred. > Understanding of risk management concepts such as VaR, stress testing, scenario analysis and capital calculations. > Strong attention to detail, ability to handle multiple priorities and operate autonomously while still being able to escalate appropriately and without compromising on quality. > Highly developed interpersonal and communication skills to prepare and present key risks and complex proposals to a variety of audiences. > Technological proficiency in Excel, SQL and Python 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. Expected base pay rates for the role will be between $120,000 and $205,000 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. 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).

Posted 30+ days ago

Morgan Stanley logo
Morgan StanleyNew York, NY

$100,000 - $140,000 / year

Firm Risk Management 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. Background on the Position The role will reside within the Firm Risk Management's Market Risk Department (MRD) which is a team dedicated to providing governance and oversight of all market risk arising from the Firm's business activities. This role is located on the located on the trading floor in New York, as part of the market risk coverage team for the commodities division. This role encompasses extensive interaction with trading teams, various risk functions, IT and other control groups, with a particular focus on day-to-day market risk management, scenario analysis and stress testing for the commodities business which includes Power and Gas, Emissions, Oil and Products, Metals and Agricultural Products. This role is hybrid and currently requires in office attendance 3 days/week. The in-office requirement is subject to change at any time. Primary Responsibilities > 0-3 years of financial services/Market Risk experience > Provide in-depth market risk analyses across various commodities desks/products and escalate key risks to senior management > Monitor market risks through review of portfolio risk sensitivities, Value-at-risk (VaR), stress scenario analysis and limit management. > Work closely with various Front Office teams, colleagues from the global FRM team, technology teams, to ensure that key risks are identified, measured, managed and produced on a timely and accurate basis > Maintain constant dialogue with commodities trading desks and front office support groups regarding trading strategies, limit usage, and risk representation of client transactions Skills and Experience required > Strong quantitative and technical skills (e.g. SQL, R, Matlab, Python, Excel) > Detail oriented with exceptional organizational skills, analytical thinking, and problem-solving abilities > Strong communication and presentation skills > Proficiency in MS Office and related applications (PowerPoint, Excel, Word) > Familiarity with VaR calculations, stress testing and scenario analysis for derivatives products, FRM or ERP certifications are a plus FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views. 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. Expected base pay rates for the role will be between $100,000 and $140,000 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. 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).

Posted 2 weeks ago

Morgan Stanley logo
Morgan StanleyNew York, NY

$100,000 - $140,000 / year

Firm Risk Management 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. Background on the Position The role will reside within FRM's Market Risk Department (MRD) which is a team dedicated to providing governance and oversight of all market risks arising from the Firm's business activities. The successful candidate will be based in New York and will provide market risk coverage of the Firm's extensive private equity investment portfolio within the Morgan Stanley Institutional Securities Group (ISG) and Morgan Stanley Investment Management (MSIM). The team covers a wide variety of products such as: Community Reinvestment Act (CRA) funds, Renewable portfolio and strategic partnerships as well as private credit & equity, real estate, infrastructure funds, CLOs, multi-asset mutual funds, money market funds and associated hedges (Equities, Rates, FX and Credit). Primary Responsibilities > Monitoring market risks including the use of metrics such as Value-at-Risk (VaR), Greeks, limits, and scenario analysis tools daily > Provide independent oversight of all market risks related to the Firm's investments portfolio and help create presentations articulating key risks and portfolio changes to senior management in a timely fashion > Enhance the group's stress testing and risk reporting by streamlining the process. Work on data enhancement and infrastructure projects to improve reporting capabilities for more effective risk management and improve the limit framework > Maintain active dialogue with business units, risk management colleagues, and support groups regarding business activities > Regularly perform deep dives into the Firm's portfolio and ensure the Firm's inventory of key risks is up-to-date and accurate Experience > Bachelor's degree from a 4-year accredited university or equivalent international degree > Preferred 1 to 5 years of post-graduate work, or military experience > Desired proficiency in Excel and SQL or a working knowledge of a programming language such as Python > Self-motivated, curious, and adaptable with strong attention to detail and a willingness to assume extended responsibility > Strong interpersonal skills with the ability to establish effective relationships with the business unit and external groups > Excellent communication skills, both verbal and written; ability to produce concise and effective presentations > Ability to work on multiple projects and deliverables simultaneously, consistently meeting deadlines > Willingness to question established processes and seek to improve them > Desired knowledge of Equity or Fixed Income (Rates, FX and Credit) products FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views. 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. Expected base pay rates for the role will be between $100,000 and $140,000 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. 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).

Posted 30+ days ago

Morgan Stanley logo
Morgan StanleyNew York, New York

$120,000 - $205,000 / year

Firm Risk ManagementFirm 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, model and other risks.Background on the PositionThe role will reside within the Firm Risk Management's Credit Risk Management department, which is a team dedicated to managing credit risk associated with Morgan Stanley's leveraged finance originations business.Primary Responsibilities:- Evaluate leveraged lending requests across sectors, (including Technology, Media, and Telecom verticals), from Morgan Stanley clients and present and defend recommendations to senior leadership within Credit Risk Management and Capital Commitment Committee- Manage relationships with the investment banking and capital markets coverage teams, including ensuring proper information flow and appropriately identifying and conveying credit issues- Prepare and oversee documentation for credit decisions, including credit memos, detailed financial forecasts, and credit risk rating models- Oversee portfolio monitoring across a large range of investment grade and non-investment grade companies- Maintain an active view of single name, sector, and industry trends and ongoing communication with senior stakeholders and onsite regulatory team- Manage credit portfolio regulatory risk and address related inquiries - Bachelor's Degree- 7 - 10 years of experience in a similar credit role- Experience lending to growth stage companies including recurring revenue loans - Excellent analytical and quantitative skills with ability to assess complex information quickly and accurately- Strong verbal and oral communication skills to condense and articulate complicated ideas and findings clearly and succinctly- Ability to defend recommendations across multiple stakeholders, including credit risk management and the business unit management- Ability to work under pressure managing multiple time-sensitive deliverables- Experience developing and managing junior talent 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. Expected base pay rates for the role will be between $120,000 and $205,000 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. 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).

Posted 1 day ago

Morgan Stanley logo
Morgan StanleyNew York, New York

$100,000 - $140,000 / year

Morgan Stanley's Firm Risk Management (FRM) Division is an exciting and rapidly growing space. We support 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. Responsibilities - Perform independent review and model validation for the firm's Pre-Provision Net Revenue (PPNR) models, compliant with Model Risk Management policies and procedures, regulatory guidance, and industry leading practices.- Develop challenger model methodologies for the official production models.- Write comprehensive validation documentation for models validated.- Effectively communicate model validation conclusions to senior management and relevant stakeholders.- Represent Model Risk Management team in interactions with regulatory agencies. Requirements - 3+ years' in relevant risk management experience including model risk management and risks analytics preferred- Masters or Doctorate degree in a quantitative discipline such as Statistics, Mathematics, Physics, Computer Science or Engineering is preferred- Working knowledge of statistical techniques, quantitative finance and programming is essential; good understanding of various complex financial instruments is preferred.- Prior experience with developing or validating models is a plus.- Expertise in PPNR Models.- Prior experience with fixed income products (for example, securitized products, rates and corporate credit) is a plus.- Prior experience with the treasury investment portfolio is a plus.- Strong written and verbal communication, critical thinking, problem solving and team collaboration skills.- Familiarity with coding languages (R and Python preferred).- Familiarity with regulatory requirements e.g., Comprehensive Capital Analysis and review (CCAR), Internal capital adequacy assessment processes (ICAAP) and regulators such as Fed, Office of the Comptroller of the Currency (OCC), Property Reserve Analysis (PRA), European Banking Authority (EBA) is desired- Desire to work in a dynamic, team-oriented environment focusing on challenging tasks mixing fundamental, quantitative, and market-oriented knowledge and skills preferred. 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. Expected base pay rates for the role will be between $100,000 and $140,000 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 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).

Posted 2 days ago

Morgan Stanley logo
Morgan StanleyNew York, New York

$100,000 - $140,000 / year

Market Risk Manager- XVA Coverage Team- AssociateFirm Risk Management 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. Background on the Position The role will reside within the Firm Risk Management's Market Risk Department (MRD) which is a team dedicated to providing independent market risk oversight across the Morgan Stanley's trading and banking activities. The position is for a junior Market Risk Manager working in the XVA Coverage team which oversees firm's CVA (Credit Valuation Adjustment), FVA (Funding Valuation Adjustment) and other related/emerging VAs on the firm's counterparty.Primary Responsibilities >* Maintain on-going dialogue with trading desks and Front Office support groups regarding positioning, market developments, trading strategies, limit usage, and risk representation of new and/or exotic trades.>* Monitor market risks through the review of portfolio risk sensitivities, Value-at-risk (VaR), stress scenario analysis and limit monitoring.>* Support projects involving your coverage area, such as market risk modelling enhancements, development of stress tests, or regulatory initiatives (e.g. Fundamental Review of the Trading Book).>* Collaborate closely with colleagues from the global Market Risk Department and other support groups, including Model Risk Management Finance & Technology. Experience >* 2 Years + experience in a trading or a market risk department is a plus>* Curiosity and self-motivation to develop expertise in financial products, markets, and risk management practices>* Ability to synthesize complex problems and conceptualize appropriate solutions>* Proactive with the ability to work as both part of a close-knit team and independently>* Strong IT skills are desired to facilitate data analysis, competence MS Excel, VBA, and SQL >* Excellent communication skills for written, graphical and verbal presentation, with high competency in PowerPoint>* Knowledge of market risk concepts like VaR and regulatory activities like CCAR is a plus>* Product expertise in Fixed Income and/or Equity products including derivatives is desiredFRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views. 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. Expected base pay rates for the role will be between $100,000 and $140,000 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 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).

Posted 1 day ago

E logo

Enterprise Risk Management - Sr. Risk Manager

Early Warning Services, LLCNew York City, NY

$154,000 - $193,000 / year

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Job Description

At Early Warning, we've powered and protected the U.S. financial system for over thirty years with cutting-edge solutions like Zelle, Paze℠, and so much more. As a trusted name in payments, we partner with thousands of institutions to increase access to financial services and protect transactions for hundreds of millions of consumers and small businesses.

Positions located in Scottsdale, San Francisco, Chicago, or New York follow a hybrid work model to allow for a more collaborative working environment.

Candidates responding to this posting must independently possess the eligibility to work in the United States, for any employer, at the date of hire. This position is ineligible for employment Visa sponsorship.

Overall Purpose

The Sr. Risk Manager will support Early Warning's strategy of driving a culture of risk management by contributing to the execution, monitoring, maintenance, and continued development of the Company's Enterprise Risk Management Program.

Essential Functions

  • Ability to synthesize risk data from multiple sources to identify cross-functional implications, measure potential impact, and communicate control and risk mitigation recommendations.
  • Lead the effort in identifying, measuring, and analyzing KRI/KPI metrics for the delivery of risk reporting.
  • Creation and ongoing review of metrics (KRIs/KPIs) and ability to determine trends, variances, and identify areas in which positive changes can be made.
  • Contribute to the development, execution, and reporting of the annual enterprise risk assessment.
  • Assist the Director of Enterprise Risk Management with facilitating the enterprise risk appetite with appropriate support and training across the business teams.
  • Lead and facilitate ERM Risk and Control Self-Assessments (process maps, RCMs, RCSA performance, control certifications, LOD2 reports).
  • Build and maintain ERM Policies, Standards, and Procedures.
  • Build rapport and relationships across the enterprise to foster the organization in the maturity of owning and managing their risk and controls.
  • Educate and train employees in the company's risk management program and policies.
  • Establish and maintain effective working relationships within the business units and departments.
  • Identify and implement processes improvement efforts.
  • Lead other various enterprise risk management projects and deliver with minimal oversight from the VP of Enterprise and Operational Risk Management and Director of Enterprise Risk Management.
  • Support the company's commitment to protect the integrity and confidentiality of systems and data.

Minimum Qualifications

  • Education and experience typically obtained through completion of a Bachelor's degree in Computer Science, Business Administration, Finance, Accounting or related field.
  • 10 or more years of audit, operational risk or other risk management experience.
  • In-depth knowledge and experience of risk management and internal control leading practices.
  • Solve complex problems; propose new perspectives using existing solutions.
  • Act as a resource for colleagues with less experience.
  • Explain difficult or sensitive information; works to build consensus.
  • General knowledge of regulatory requirements specific to the business-line.
  • Exemplary communication and presentation skills.
  • Superior organization skills.
  • Process Mapping.

Preferred Qualifications

  • Knowledge of COSO's Internal Control- Integrated Framework
  • 5 or more years of experience within a three-lines of defense program, preferably with a financial institution.

Physical Requirements

Working conditions consist of a normal office environment. Work is primarily sedentary and requires extensive use of a computer and involves sitting for periods of approximately four hours. Work may require occasional standing, walking, kneeling and reaching. Must be able to lift 10 pounds occasionally and/or negligible amount of force frequently. Requires visual acuity and dexterity to view, prepare, and manipulate documents and office equipment including personal computers. Requires the ability to communicate with internal and/or external customers.

Employee must be able to perform essential functions and physical requirements of position with or without reasonable accommodation.

Candidates responding to this posting must independently possess the eligibility to work in the United States at the date of hire.

The above job description is not intended to be an all-inclusive list of duties and standards of the position.

The base pay scale for this position in:

New York, NY in USD per year is: $154,000 - $193,000.

Additionally, candidates are eligible for a discretionary incentive plan and benefits.

This pay scale is subject to change and is not necessarily reflective of actual compensation that may be earned, nor a promise of any specific pay for any specific candidate, which is always dependent on legitimate factors considered at the time of job offer. Early Warning Services takes into consideration a variety of factors when determining a competitive salary offer, including, but not limited to, the job scope, market rates and geographic location of a position, candidate's education, experience, training, and specialized skills or certification(s) in relation to the job requirements and compared with internal equity (peers). The business actively supports and reviews wage equity to ensure that pay decisions are not based on gender, race, national origin, or any other protected classes.

Early Warning Services is an affirmative action and equal opportunity employer.

Some of the Ways We Prioritize Your Health and Happiness

  • Healthcare Coverage- Competitive medical (PPO/HDHP), dental, and vision plans as well as company contributions to your Health Savings Account (HSA) or pre-tax savings through flexible spending accounts (FSA) for commuting, health & dependent care expenses.

  • 401(k) Retirement Plan- Featuring a 100% Company Safe Harbor Match on your first 6% deferral immediately upon eligibility.

  • Paid Time Off- Flexible Time Off for Exempt (salaried) employees, as well as generous PTO for Non-Exempt (hourly) employees, plus 11 paid company holidays and a paid volunteer day.

  • 12 weeks of Paid Parental Leave

  • Maven Family Planning - provides support through your Parenting journey including egg freezing, fertility, adoption, surrogacy, pregnancy, postpartum, early pediatrics, and returning to work.

And SO much more! We continue to enhance our program, so be sure to check our Benefits page here for the latest. Our team can share more during the interview process!

Early Warning Services, LLC ("Early Warning") considers for employment, hires, retains and promotes qualified candidates on the basis of ability, potential, and valid qualifications without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote equal employment opportunity and affirmative action, in accordance with all applicable federal, state, and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our employees.

Early Warning Services LLC is a proud participant in E-Verify, a federal program to help ensure a legal and authorized workforce. As part of our hiring process, we electronically verify the employment eligibility of all new hires through E-Verify. For more information on your rights and responsibilities under E-Verify please visit Home | E-Verify.

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