Model Risk (Risk Management) : Job Level - Vice President
Core
Independent validation and review of complex commodities pricing models and tools for Morgan Stanley's Fixed Income businesses, ensuring robustness, governance, and risk mitigation.
Role type
Vice President, Model Risk Management (Commodities Pricing)
Builds
Independent control, review, and validation of quantitative models and AI/ML solutions for daily valuation and risk management.
Domain
Financial Services / Quantitative Finance / Commodities
Deliverable
production ML models | dashboards & analysis
Required skills
Derivative pricing model development and validation, Statistical software packages, Data mining, Machine learning techniques, Stochastic calculus, Numerical methods, Probability theory, Regulatory engagement, Team leadership
Preferred skills
Management or team lead experience, Experience with Rates and FX asset classes
Technologies
Statistical software packages, Machine learning frameworks
Responsibilities
Perform independent model and tool validation of complex pricing models, Evaluate model documentation and testing robustness, Assess conceptual soundness and fitness for purpose, Conduct independent quantitative testing and performance monitoring, Identify and escalate model risk themes, Communicate review conclusions and track remediation actions, Collaborate with stakeholders (developers, risk, valuation), Produce high-quality review reports for governance, Represent MRM in interactions with Internal Audit and regulators
Seniority
Vice President, strategic advisor & global team leadership