Assistant Vice President, Strats

Company Profile:

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment, and wealth management services. The Firm's employees serve clients worldwide, including corporations, governments, and individuals from more than 1,200 offices in 43 countries.

In the US Banks division, we work with Wealth Management clients to achieve their goals by providing cash management and lending products and services.

What you’ll do in the role:

Morgan Stanley Private Bank, N.A. is seeking an Assistant Vice President, Strats in New York, NY build quantitative models for risk analytics and reporting. Collaborate with banking business on pricing strategies, new product offerings, and risk analysis. Preparing analysis of model scenario variable inputs. Running simulation-based bank deposit and savings models. Deployment of production model code on the Firm’s internal platforms. Responding to ad-hoc requests from stakeholders such as Senior Management, Bank CIO, Finance and Model Risk Management. Preparing monthly model performance metrics reports. Assisting in model document preparation for new model development and enhancements. Ensuring compliance with regulatory requirements such as CCAR. Implementing and updating the analytical libraries for pricing, risks and balance projections. Telecommuting permitted up to one (1) day per week..

What you’ll bring to the role:

-Requires a Master’s in Finance, Economics, or a closely related field of study.

-Requires two (2) years of experience in the position offered or two (2) years as an Associate, Analyst, Risk Management, Policy Management, or a closely related occupation.

-Requires two (2) years of experience with the following skills:

• Develop, enhance, and execute quantitative pricing and risk management models for bank financial products;
• Develop, enhance, and execute econometric and statistical projection models for bank financial products;
• Develop and enhance analytical libraries, in-house applications, automated processes and reporting tools, using object-oriented programming languages;
• Apply advanced mathematical concepts and programming in solving banking business problems;
• fixed income and interest rate products;
• big data infrastructure including data engineering and processing, analysis, and visualization; and
• enterprise software development including continuous integration and delivery (CI/CD) pipelines and code management/code quality control using Git, Bitbucket, and Jenkins.

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.

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Expected base pay rates for the role will be between $145,000 and $145,000 per 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 is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

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

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