Model Risk VP — Quantitative Validation & AI Governance

Morgan Stanley; New York (NY); On-site; USD 120,000 - 210,000; Full time

Job summary

Morgan Stanley's Firm Risk Management's Model Risk Management team seeks a senior validator to independently review pricing models across Rates, FX and Commodities. This role emphasizes risk management, leadership, and strong technical skills to validate complex models used for daily valuation and risk reporting.

The successful candidate will collaborate with developers, Market Risk, and Valuation Control, produce reporting in line with MRM standards, and lead a global team across New York and

Qualifications

• Masters degree or PhD in quantitative discipline with strong numerical methods.
• Experience leading a global team and communicating with senior leaders.
• Proven subject matter expertise in model development and validation for finance.
• Ability to manage risk themes and engage 1LOD/2LOD stakeholders.

Responsibilities

• Validate pricing models for Rates, FX and Commodities trading.
• Assess model documentation and testing robustness.
• Identify and elevate model risk themes across perspectives.
• Produce high-quality review reports for senior management.
• Collaborate with developers, Market Risk, and Valuation Control.
• Manage book of work and allocate team resources.

Skills

Model risk management

Quantitative analysis

Leadership

Model development and validation

Communication

Stakeholder engagement

Global team leadership

Education

Masters or PhD in quantitative discipline

Tools

Python

R

Mathematical modeling tools

Job description

Morgan Stanley's Firm Risk Management's Model Risk Management team seeks a senior validator to independently review pricing models across Rates, FX and Commodities. This role emphasizes risk management, leadership, and strong technical skills to validate complex models used for daily valuation and risk reporting.

The successful candidate will collaborate with developers, Market Risk, and Valuation Control, produce reporting in line with MRM standards, and lead a global team across New York and