Corporate FP & A Model Development VP

860 Morgan Stanley Svcs Canada Co; New York (NY); On-site; USD 120,000 - 200,000; Full time

Job summary

A leading financial services firm is seeking a Corporate FP & A Model Development VP in New York. This role is pivotal in building and executing complex forecasting models while ensuring compliance with best practices. Candidates should possess strong analytical skills, a relevant Bachelor's degree, and a minimum of 6 years relevant experience. The position offers competitive compensation and a chance to work with an elite team in a dynamic financial environment.

Benefits

Comprehensive employee benefits

Opportunities for career development

Qualifications

• At least 6 years of relevant experience is generally expected.
• Familiarity with regression modeling and statistical programming language is preferred.
• Effective written and oral communication abilities are essential.

Responsibilities

• Help to build and implement statistical and analytical forecasting models.
• Assist with model performance monitoring and coordinate with Business Units.
• Complete ad-hoc analysis and presentations for senior management.

Skills

Analytical skills

Problem solving

Time management

Communication

Education

Bachelor's Degree in finance, economics, mathematics, statistics

Graduate Degree preferred

Tools

Microsoft Excel

PowerPoint

R

Python

Job description

Corporate FP & A Model Development VP page is loaded

Corporate FP & A Model Development VP

Apply locations New York, New York, United States of America time type Full time posted on Posted Yesterday job requisition id PT-3265019

Company Profile:
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Division & Department Profile

The Finance Division reports to the Chief Financial Officer and consists of some 3,000 employees worldwide. Finance protects the Morgan Stanley franchise by serving as guardian of the Firms books and records, and by contributing to firm wide risk management and risk reduction. This division maintains relationships with Morgan Stanley's various industry and government regulators, and also serves as the conduit of financial information to the outside investment community. Finance plays a critical role as advisor to Morgan Stanley's various businesses and its senior management team.

Corporate Financial Planning & Analysis (Corporate FP&A) department is responsible for providing Senior Management with strategic analysis of the Firms global businesses, the Firms annual budget, and various related financial information to be utilized in strategic decision-making. Corporate FP&A works closely with business segment FP&A and reporting teams, Corporate Treasury, and the Risk Department on various aspects of FP&A deliverables. This division is also responsible for reporting financial forecasts and related analyses to various stakeholders, including the Firms regulators.

Responsibilities

• Help to build, document, implement, and execute CCAR-related statistical and analytical Pre-Provision Net Revenue (PPNR) and balance sheet forecasting models
• Assist with quarterly statistical and analytical model performance monitoring activities
• Drive strong partnerships / coordination with Business Units, functional areas, and second/third line functions throughout model lifecycle
• 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 finance, economics, mathematics, statistics, or related field (Graduate Degree is preferred)
• Familiarity with regression modeling (time series modeling knowledge preferred)
• Knowledge of statistical programming language (R/Python preferred)
• 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
• Proficiency in Microsoft Excel, PowerPoint, and Word
• Familiarity with CCAR / DFAST stress testing topics a plus but not required
• At least 6 years’ relevant experience would generally be expected to find the skills required for this role.

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).

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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 $200,000 per 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).