Vice President, Model Development – Corporate FP&A

We are seeking someone to join our model development team in our Corp FP&A Dept to create quantitative models that are used to forecast internal firm revenues, expenses, and balance sheet usage across a variety of products. These models are used in budgeting, planning, and scenario-based stress testing, and ultimately help to inform firmwide capital actions.

In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis and advisory services of the Firm’s financial and capital resources. This is a Vice President position within our Model Development Job Family which maintains, implements, develops and documents models for the business units and Finance.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

Responsibilities:

• Build, implement, and execute econometric models used for internal firm budgeting, forecasting, and capital planning
• Run and analyze statistical tests, and write model documentation
• Monitor and analyze the effectiveness of current models, and make enhancements as needed
• Coordinate with data providers and end users in both Finance and the front office
• Communicate technical content to management, model validation teams, internal audit, and regulators
• Help to maintain policies and procedures related to model development and automation
• Complete ad-hoc analysis and presentations for senior management

Qualifications:

• Bachelor’s degree in economics, mathematics, statistics, or related field. Graduate Degree is preferred.
• Familiarity with time series regression modeling, including error correction and autoregressive modeling approaches
• Proficiency in programming (e.g., Python)
• Strong analytical and problem solving skills, with proven ability to operate independently
• Effective time management; ability to meet tight deadlines and handle higher pressure situations
• Effective written and oral communication abilities
• Familiarity with CCAR / DFAST stress testing topics a plus but not required
• At least 8 years of relevant experience