Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The role of Quantitative Analyst within the Risk Analytics department involves performing quantitative analysis on market risk models and developing models to meet internal risk management needs and regulatory requirements.
Performing quantitative analysis on various aspects of Market Risk models like VaR, Stressed VaR, Risk Not in VaR for Credit products (e.g. Bonds, CDS, Traded loans, etc.)
Developing and enhancing models for changing internal risk management needs, new regulatory requirements (e.g., FRTB), or improvements in capturing the risk
Actively participating in code development for the purpose of model implementation, model performance monitoring, and for performing different analyses
Analyze, understand, and explain changes in risk metrics driven by model updates and position changes
Analyzing model performance metrics
Interacting with stakeholders from various departments like Front Office strategists, Market Risk Managers, Model Risk Management and FRM IT
Participating in documentation of model methodologies and implementation
Responding to queries from Model Risk Management, Internal Audit, and regulators
Qualification
Required
Requires a degree in Quantitative Finance, Math, Statistics, Computer Science, Physics, Engineering, Economics or a related field of study (Masters/PhD highly preferred)
Strong Quantitative skills
Strong Python coding skills (essential), knowledge of database querying functionalities/languages
Familiarity with statistical modelling, Monte Carlo, Historical Simulation
Knowledge of financial products with Credit factors will be preferred
Two or more years of experience working in a quantitative discipline
Knowledge and broad interest in financial products, markets, and risk management and regulations
Strong skills in communication, critical thinking, problem solving, and collaboration
Preferred
Knowledge of financial products with Credit factors will be preferred
Benefit
Commission earnings
Incentive compensation
Discretionary bonuses
Other short and long-term incentive packages
Other Morgan Stanley sponsored benefit programs
Morgan Stanley is a financial services company that offers securities, asset management, and credit services.
