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Model Risk Management : Coo/Cao - Vice President (Risk Management)

Morgan Stanley

  • New York, NY
  • 30+ days ago
  • $120,000–$205,000 Per Year
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Skills

  • Administrative Managementunmatched
  • Automationunmatched
  • Bank Stress Testingunmatched
  • Budget Managementunmatched
  • Budgetingunmatched
  • Business Supportunmatched
  • Communication Skillsunmatched
  • Comprehensive Capital Analysis and Review (CCAR)unmatched
  • Cross-Functionalunmatched
  • Detail Orientedunmatched
  • Diversityunmatched
  • Employee Benefitsunmatched
  • Establish Prioritiesunmatched
  • Expense Managementunmatched
  • Expense Reportsunmatched
  • Leadershipunmatched
  • Liquidityunmatched
  • Management Strategyunmatched
  • Microsoft Excelunmatched
  • Microsoft Officeunmatched
  • Microsoft PowerPointunmatched
  • Microsoft Visiounmatched
  • Microsoft Visual Basic for Applications (VBA)unmatched
  • Microsoft Wordunmatched
  • Multitaskingunmatched
  • Operational Strategyunmatched
  • Performance Metricsunmatched
  • Policy Implementationunmatched
  • Power BIunmatched
  • Presentation/Verbal Skillsunmatched
  • Process Improvementunmatched
  • Process Managementunmatched
  • Project Trackingunmatched
  • Project/Program Coordinationunmatched
  • Project/Program Managementunmatched
  • Python Programming/Scripting Languageunmatched
  • Quality Assurance Methodologyunmatched
  • Regulatory Requirementsunmatched
  • Reporting Dashboardsunmatched
  • Riskunmatched
  • Risk Managementunmatched
  • Risk Modelingunmatched
  • SQL (Structured Query Language)unmatched
  • Status Reportsunmatched
  • Strategic Planningunmatched
  • Testingunmatched
  • Time Managementunmatched
  • Web Browsersunmatched
  • Workforce Planningunmatched
  • Writing Skillsunmatched

Description

Firm Risk Management

Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks.

Background on the Position

The role will reside within the Firm Risk Management's Model Risk Management (MRM) Department which is a team responsible for the Firm's management of risks related to the implementation and use of models and tools, covering all aspects of the Firm's businesses and implementing key regulatory requirements. This position is with the Chief Operating Office (COO) Team, which is responsible for coordinating various CAO activities for the global Model Risk Management group.

Primary Responsibilities

  • Partner with a global Model Risk Management (MRM) team to plan, coordinate, and track project deliverables; manage routine processes, ensure on-time execution, and proactively escalate risks and issues across key initiatives.
  • Serve as the primary MRM liaison to the Central COO organization, representing MRM priorities, coordinating cross-functional activities, and supporting enterprise-level governance and reporting.
  • Support the MRM Chief Operating Officer (COO) and Chief Administrative Officer (CAO) with business-as-usual (BAU) activities, including budget management, strategic planning, headcount oversight and reporting, expense management and reporting and key presentations.
  • Contribute to Annual CCAR, Bank Capital Planning, and Quarterly Stress Testing processes, with a focus on automation and process optimization to improve efficiency, accuracy, and scalability. Experience
  • 5+ years of experience supporting COO/CAO organizations, delivering executive-level reporting, management information, and operational insights to enable decision-making across capacity, cost, and strategic priorities.
  • Designed, built, and governed enterprise reporting and dashboards spanning headcount, budget, productivity, and performance metrics by integrating multiple data sources using advanced Excel (Power Query), SQL, VBA automation, Python, and Power BI.
  • Trusted partner to senior leadership on headcount planning, workforce optimization, and budget management, translating strategic objectives into measurable KPIs, operating rhythms, and management dashboards.
  • Drove strategy execution and operational governance, including tracking initiatives, managing milestones, preparing executive materials, and supporting business reviews, steering committees, Townhalls, and leadership forums.
  • Advanced proficiency in Microsoft Office (Excel, PowerPoint, Visio, Word), with a strong record of producing clear, executive-ready narratives that connect data, risk, and outcomes for COO/CAO stakeholders.
  • Strong written and verbal communication skills, with experience delivering clear project updates, timelines, risks, and status reports to cross-functional stakeholders and senior leadership.
  • Demonstrated ability to anticipate risks and bottlenecks, manage prioritization, and escalate issues to drive timely project outcomes.
  • Ability to work independently while partnering effectively across teams and functions to achieve shared objectives.
  • Comfortable operating in a fast-paced environment, managing multiple concurrent projects and shifting priorities with strong attention to detail.
  • Knowledge of Model Risk Management principles preferred (SR 11-7 / PRA 1/23)

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their goals. We do it in a way that's differentiated - and we've done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Expected base pay rates for the role will be between $120,000 and $205,,000 year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.

Numbers & Facts

LocationNew York, NY
IndustryBanking
Salary$120,000–$205,000 Per Year
Company Size10,000 employees or more
Year Founded1935
Websitehttp://www.morganstanley.com

About Company

Morgan Stanley is a global financial services firm offering a complete range of financial services to a large and diversified group of clients and customers, including governments, corporations, institutions and individuals throughout the world. The talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity and excellence. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and to grow.

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