Executive Director, Wealth & Investment Model Validation

Morgan Stanley

New York (NY)

On-site

USD 165,000 - 275,000

Full time

9 days ago

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Job summary

Morgan Stanley is seeking an Executive Director to lead Model Risk Management across Wealth Management and Investment Management. You will oversee validation of portfolio and fund construction models, risk analytics, and advisory platforms, guiding a global team with a strong focus on governance and credibility.

You will engage with model owners, technology, controls, and senior management, driving risk assessment, data quality emphasis, and vendor oversight.

Qualifications

8–10 years of experience building, using, or validating models in asset management or related quantitative roles.
Strong experience with portfolio construction, risk management, and analytics.
Ability to translate quantitative issues into clear business conclusions and present to senior stakeholders.

Responsibilities

Lead a small global team executing independent reviews of Wealth Management and Investment Management models and tools, ensuring clear validation conclusions.
Provide credible challenge on model design, business use, and risk across portfolio construction, risk analytics, and retirement planning.
Engage with model owners, developers, product teams, and third-party vendors to understand design, testing evidence, limitations, and controls.
Oversee review of vendor methodologies and outputs, including factor risk models and scenario analytics.
Guide identification and remediation of model risk issues with clear mitigation actions.