Jobs

Model Risk - Project Management (Risk Management) : Job Level - Associate
New York, NY
·
On-site
·
Full-time
·
1mo ago
Compensation
$100,000 - $140,000
Benefits & Perks
•Team events and activities
•Competitive salary and equity package
•Comprehensive health, dental, and vision insurance
•Generous paid time off and holidays
•Professional development budget
•Equity
•Healthcare
•Learning
Required Skills
Node.js
PostgreSQL
React
JOB LEVEL
Associate (Professional)
TIER
NA
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, covering all aspects of the Firm's businesses and implementing key regulatory requirements. This position is with the Project Management Team which is responsible for coordinating regulatory BAU activities & remediation, e.g. CCAR, QST.
Primary Responsibilities:
- Lead the execution of Annual CCAR, Bank Capital Planning Annual Stress Testing, and Quarterly Stress Testing initiatives, ensuring strategic alignment, timely delivery, and effective communication across MRM and business unit/function areas.
- Drive remediation efforts for regulatory issues, proactively managing timelines and stakeholder expectations to ensure successful resolution.
- Coordinate with validation teams within MRM, establishing clear deliverable schedules, enforcing deadlines, and escalating critical issues to maintain momentum across high-impact projects. Experience
- 3+ years of experience managing projects required
- Experience with Regulatory Capital with CCAR and other supervisory stress testing is a plus
- Have an undergraduate degree in Business, Finance, or other related fields
- Have working knowledge of MS Office (Microsoft Excel/PowerPoint/Word), SQL
- Ability to effectively communicate with a wide range of stakeholders, both written and verbally is required
- Ability to partner effectively with team members and with colleagues across the wider organization.
- An interest in working in a fast-paced environment, often balancing multiple high priority deliverables with attention to detail is required.
- Drive effective teamwork, prioritization, communication, collaboration, and commitment across multiple groups with competing priorities while maintaining strong business relationships.
- Ability to support multiple projects concurrently, react quickly to new information, and ensure projects remain updated and relevant to achieve the desired outcome.
- Demonstrated ability to compose and deliver persuasive presentations and project updates including deliverable timelines, and status to internal stakeholders, cross-departments and as necessary, senior leadership
- PMP or Project Management certification is a plus
- Experience with model validation or model governance is a plus
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 $100,000 and $140,000 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's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
Internal Applicants
Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here.
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About Morgan Stanley

Morgan Stanley
PublicA financial services company that offers securities, asset management, and credit services.
10,001+
Employees
New York
Headquarters
Reviews
3.5
4 reviews
Work Life Balance
3.0
Compensation
2.5
Culture
3.2
Career
3.0
Management
3.0
35%
Recommend to a Friend
Pros
Skills evaluation through business plans and projects
Direct access to senior leadership interviews
Conversational interview format
Cons
Automated resume screening system issues
Focus on formatting over qualifications
Compensation concerns and salary expectations
Salary Ranges
11,766 data points
Junior/L3
Mid/L4
Senior/L5
Junior/L3 · Analyst
1,682 reports
$114,371
total / year
Base
$96,366
Stock
-
Bonus
$18,005
$77,808
$170,800
Interview Experience
6 interviews
Difficulty
3.0
/ 5
Duration
21-35 weeks
Experience
Positive 16%
Neutral 84%
Negative 0%
Interview Process
1
Initial screening (HR/HireVue)
2
Technical rounds
3
Manager/Senior leadership interviews
4
Final round/Superday
Common Questions
Technical knowledge assessment
Behavioral questions
Role-specific scenarios
Leadership and teamwork examples
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