Corporate FP & A Model Development VP

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

Job summary

An established industry player seeks a talented individual to join their Corporate Financial Planning & Analysis team. This role involves building and executing statistical models for financial forecasting, while collaborating closely with various business units. The ideal candidate will possess strong analytical abilities, effective communication skills, and a solid background in finance or related fields. With a commitment to diversity and excellence, this firm provides an exceptional environment for professional growth and development. If you are passionate about finance and eager to contribute to a leading global financial services firm, this opportunity is perfect for you.

Benefits

Comprehensive Employee Benefits

Diversity and Inclusion Programs

Mentorship Opportunities

Flexible Work-Life Balance

Qualifications

• 5-7+ years of relevant experience in finance or related fields.
• Familiarity with regression modeling and statistical programming.

Responsibilities

• Build and implement CCAR-related forecasting models.
• Assist with statistical model performance monitoring activities.

Skills

Analytical Skills

Problem Solving

Time Management

Effective Communication

Education

Bachelor's Degree in Finance

Graduate Degree in Related Field

Tools

Microsoft Excel

Microsoft PowerPoint

Microsoft Word

R

Python

Job description

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)
• 5-7+ years of relevant experience
• 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

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.

Equal Employment Opportunity:
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 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.

We're committed to bringing passion and customer focus to the business.