Morgan Stanley

Model Risk (Risk Management) : Job Level - Vice President

Morgan Stanley$120K — $205K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in COO/CAO organizations
  • Expert in advanced Excel, SQL, VBA automation, Python, and Power BI
  • Proven track record in managing headcount planning and budget oversight
  • Strong communication skills with experience presenting to senior leadership
  • Ability to handle multiple projects in a fast-paced environment
  • Familiarity with Model Risk Management principles is a plus

Responsibilities

  • Partner with global MRM team to coordinate project deliverables
  • Act as primary liaison to Central COO organization
  • Support MRM COO and CAO with budget and strategic planning
  • Contribute to Annual CCAR and Quarterly Stress Testing processes
  • Implement automation and optimization for efficiency in processes

Benefits

  • Comprehensive employee benefits and perks
  • Opportunities for internal mobility and career growth
  • Strong emphasis on diversity and inclusion in the workplace
  • Supportive environment fostering collaboration and innovation
  • Commitment to community engagement and giving back
Full Job 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'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).

About Morgan Stanley

Morgan Stanley Investment Management are active managers of capital, working to outperform the market and deliver results for their clients. Morgan Stanley Investment Management's long-tenured professionals apply their experience and expertise across public and private markets, in single-sector, multi-asset and custom solutions.

Morgan Stanley Careers

Joining Morgan Stanley today means becoming part of a global team dedicated to strengthening communities, pioneering innovation, and fostering diversity. As a leading global financial services firm, Morgan Stanley offers unparalleled job opportunities, career growth, and a culture of leadership that together create an exceptional employment experience. Work You’ll Do At Morgan Stanley, you will collaborate with knowledgeable professionals to drive innovation and deliver solutions in financial services. Our team is composed of diverse, talented individuals who bring their unique skills and perspectives to work every day, setting the standard for leadership in the global market. Morgan Stanley is not just a company; it's a place where ambitious, creative, and skilled individuals can build a rewarding career. Here, you can experience the benefits of a vibrant culture dedicated to professional growth and diversity training. Internship Programs Kickstart your career with Morgan Stanley’s internship programs. These positions offer invaluable industry insights and professional experience to students and recent graduates. Interns at Morgan Stanley gain hands-on experience, working alongside seasoned experts in a dynamic, supportive environment. Innovation and Professional Growth We believe in the power of innovation to solve complex problems and encourage our team to think differently and act boldly. Morgan Stanley supports your career development through comprehensive training, development programs, and leadership workshops, ensuring that every employee has the tools they need to succeed. Join Our Team Explore the various job opportunities at Morgan Stanley, from entry-level positions to executive roles. We are hiring individuals who are passionate about finance and eager to contribute to a team that values integrity, excellence, and a forward-thinking mindset. Enhance your skills through our networking events, mentorship opportunities, and ongoing professional development. Stay Connected Keep up to date with the latest from Morgan Stanley Careers by subscribing to our job alert emails. Tailor your preferences to receive updates about new postings, career tips, and exclusive insights from our team leaders. Apply Now Ready to take the next step in your career? Search open positions that match your skills and interests on the Morgan Stanley Jobs portal. Prepare your resume, refine your interview techniques, and join a company that values innovation and leadership. At Morgan Stanley, we’re not just building careers—we’re developing leaders. Discover how far your talents can take you by joining our team today.
Learn more about Morgan Stanley
Size
77,000 employees
Market Cap
$144.1 billion
Industry
Net Income
$10.9 billion
Founded
1935
5 Year Trend
+10%
Revenue
$52 billion
NASDAQ

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