Risk Quant Developer - VP
Company: Morgan Stanley USA
Location: New York
Posted on: January 15, 2019
Company Profile Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management 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. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture. Technology works as a strategic partner with Morgan Stanley business units and the world's leading technology companies to redefine how we do business in ever more global, complex, and dynamic financial markets. Morgan Stanley's sizeable investment in technology results in quantitative trading systems, cutting-edge modeling and simulation software, comprehensive risk and security systems, and robust client-relationship capabilities, plus the worldwide infrastructure that forms the backbone of these systems and tools. Our insights, our applications and infrastructure give a competitive edge to clients' businesses and to our own. Technology Technology works as a strategic partner with Morgan Stanley business units and the world's leading technology companies to redefine how we do business in ever more global, complex, and dynamic financial markets. Morgan Stanley's sizeable investment in technology results in quantitative trading systems, cutting-edge modeling and simulation software, comprehensive risk and security systems, and robust client-relationship capabilities, plus the worldwide infrastructure that forms the backbone of these systems and tools. Our insights, our applications and infrastructure give a competitive edge to clients' businesses?and to our own. MS Investment Management Technology Morgan Stanley Investment Management Technology exclusively partners with the Morgan Stanley Investment Management business division to design and develop systems and integrate vendor products to globally support full life cycle business processing. Activities include Portfolio Analysis, Risk, Trading, Operations, and Sales & Marketing. Morgan Stanley Investment Management (MSIM) Technology also provides holistic support and quality assurance across the suite of applications used in the MSIM environment. Opportunity with the Team Morgan Stanley Investment Management is one of the largest asset managers in the world. It offers a wide range of products and services, including a large family of domestic and international Equity, Fixed and Multi-asset class funds for individual and institutional investors. With over 30 years of global investment experience, IM offers its clients the personalized attention and service of a boutique, the intelligence and creativity of some of the brightest professionals in the industry and the global resources of Morgan Stanley. Comprehensive suite of investment strategies are designed to help meet the diverse needs of institutional investors throughout the world. The Global Risk and Analysis group of Morgan Stanley Investment Management is looking to fill a position, at the Vice President level, as the IM Quantitative Research Quantitative Developer. This role reports into the Global Risk IT team, a person is responsible for the development and enhancement of quantitative risk analytics for the full range of investment products and the testing and validation of pricing and portfolio construction models utilized by investment teams. Key Responsibilities - Build a Model Validation program to meet the FED SR 11-7 regulatory guidelines for ongoing model performance monitoring - Understand Model documentation and design robust testing methodology for each model category - Assist in model testing and performance monitoring of vendor based risk and pricing analytics - Contribute to matters related to risk modeling on asset classes such as Equities, Fixed Income/Liquidity, Multi-Asset and Fund of Funds - Balance strong, innovative research skills with the practical ability to implement workable solution to problems - Be a team player with the ability to work effectively with colleagues to deliver state of the art analytics in a timely and efficient manner - Apply data and analytics to transform the Risk business unit insights generation process Qualifications: Required Education and Key Skills - 5-10 years of experience in the financial services industry in a quantitative field, preferably with experience in model development/review, risk modeling and portfolio optimization - Publication in peer reviewed academic/practitioner journals is a plus - Programming skills in statistical packages such as R, Python, SAS , Matlab and S+, Java, C# and database systems such as Sybase. - Familiarity with vendor risk systems such as MSCI/Barra, Yield Book, Barclay's POINT, RiskMetrics, BlackRock and SunGard APT - Bachelor Degree in a technical field such as Statistics, Econometrics, Computer Science, Operations Research, Engineering, or Mathematics - Excellent communication and technical writing skills - Driven, highly motivated and results focused Risk Quant Developer - VP
Keywords: Morgan Stanley USA, New York , Risk Quant Developer - VP, Executive , New York, New York
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