Model Risk Traded Market Risk, Director

About the role

Model Risk Management Team at Morgan Stanley develops tools to analyse and monitor firm-wide risks and leads regulatory initiatives. The Director will independently review and validate models, lead end‑to‑end delivery of model validation deliverables, and communicate findings to senior management and regulators. Mumbai, India, on-site.

What you’ll do

• Conduct independent model reviews ensuring compliance with policies and regulatory guidance
• Lead delivery of model validation and risk management deliverables
• Prepare and present validation findings to internal and external stakeholders
• Engage with regulatory and audit agencies as required
• Monitor financial market trends to enhance model validation quality

What you’ll bring

• Masters or Doctorate in Statistics, Mathematics, Physics, Computer Science or Engineering
• 5+ years model validation experience in banking or financial institution
• Proficient in Python; experience with R, Scala, MATLAB preferred
• Strong written and verbal communication skills
• Knowledge of statistical techniques and quantitative finance
• Familiarity with machine learning techniques
• Relevant certifications such as CQF or CFA

Education

Masters or Doctorate