Job Description
*Background on the Position
This position resides in the Model Risk Management (MRM) team within our Mumbai office. Our Global MRM team is broadly responsible for the risk management of all of our models and non-model tools, involving validation, risk assessment, and governance.
We are seeking you to join a fast-growing team within Model Risk Management, and be part of a new team responsible for the validation of non-model tools used across the Firm.
Primary Responsibilities
You would:
Engage with business unit managers to understand the non-model tools
Assess the appropriateness of the calculation, its implementation and the effectiveness of controls to manage the risk
Document your independent reviews in reports that will be presented both internally (tool developers, business unit managers) as well as to regulators.
Verbally communicate results and debate issues, and concerns with internal audiences including senior management., *Qualifications
Skills required:
Possess Bachelors or Master s Degree in finance or economics related areas.
0-4 years experience within a Financial Institution or Consulting Firm. Preferably in areas of internal audit/ operational risk/ model risk
Proficient in Microsoft Word, Excel and PowerPoint
Have exposure to and experience in financial markets, products and businesses.
Have strong written and verbal communication skills; be comfortable debating issues and making formal presentations.
Have desire to work in a dynamic, team-oriented environment focusing on concerning tasks mixing fundamental, quantitative and market-oriented knowledge and skills.
Other details
Department:Finance / Accounts / Tax, Risk / UnderwritingIndustry:Banking / Financial ServicesSkills:microsoft word, risk management, risk assessment, financial markets, project administration, mrm, risk, word, excel, debate, finance, reviews, business, management, operationsEducationOther (Other)

Recruiter detailsCompany Name: Morgan Stanley Advantage Services Pvt. Ltd.Company Description:
Morgan Stanley Advantage Services Pvt. Ltd.