VP, Risk & Policy: Macro Forecasting & Stress Testing

PowerToFly; New York (NY); Hybrid; USD 159,000 - 205,000; Full time

Job summary

Morgan Stanley is seeking a Vice President in New York, NY to develop and maintain macroeconomic forecasting and scenario models for firmwide and regulatory stress testing. The role includes model development, estimation, validation support, and ongoing monitoring.

You’ll automate workflows with Python and R, and produce audit-ready documentation for governance and regulatory reviews. You will collaborate with Model Risk Management, Internal Audit, Finance, and Regulatory Affairs, and

Qualifications

• Requires a Master’s degree in Physics, Financial Engineering, or a related field of study.
• Requires three (3) years of experience in the position offered or three (3) years as a Director, Associate, or a closely related occupation.

Responsibilities

• Develop, enhance, and maintain macroeconomic forecasting and scenario generation models used for firmwide and regulatory stress testing.
• Produce scenario output including model development, estimation, documentation, validation support, and monitoring.
• Assist in economic research, statistical modeling, machine learning, and methodology development to improve scenario design.
• Drive automation and process improvements using Python, R, and analytics tools.
• Produce audit-ready model documentation aligned with governance and regulatory expectations.
• Partner with Model Risk Management, Internal Audit, Finance, and Regulatory Affairs on reviews.
• Communicate analytical results to senior management and governance committees.
• Provide support to software tool development and testing and scenario design documentation.
• Prepare technical materials for senior management and regulatory reviews.

Skills

Macroeconomic forecasting

Scenario-based forecasting

Time-series modeling

Macroeconomic modeling frameworks

Python for modeling

R for analysis

Data quality checks

Git/version control

Model risk standards

Automated documentation

Dashboard/visualization

Project management

Communication to senior management

Generative AI workflows

Education

Master’s degree in Physics/Financial Engineering or related field

Tools

Python

R

Haver Analytics

Git

Oxford Economics Macro Models

Job description

Morgan Stanley is seeking a Vice President in New York, NY to develop and maintain macroeconomic forecasting and scenario models for firmwide and regulatory stress testing. The role includes model development, estimation, validation support, and ongoing monitoring.

You’ll automate workflows with Python and R, and produce audit-ready documentation for governance and regulatory reviews. You will collaborate with Model Risk Management, Internal Audit, Finance, and Regulatory Affairs, and