Model Review Group (Market Risk Department) – Vice President , UK-London
Model Review Group (Market Risk Department) – Vice President
Company:
Morgan Stanley
Location:
UK-London
Remuneration:
competitive
Position Type:
Permanent
Employment type:
Full time
Work permit req:
EU
Updated:
25 Nov 2009
eFC Ref no:
576096
Morgan Stanley is seeking a talented risk management professional at Vice President level to join the Model Review Group within the Market Risk Department.
Position Description:
The Model Review Group has global responsibility for the independent review of all valuation models used by the Trading Divisions of Morgan Stanley. Model review professionals are located in New York and London, and work closely with desk strategists (Quant Research) and risk managers in the Market Risk Department.
Principal activities include work on model reviews across all trading divisions (Equity, Fixed Income, Commodities). The group is organized along major asset classes, covered by professionals in both New York and London, with a head for each asset class.
Skills Required:
Required Skills include the following:
(1) knowledge of mathematical finance, derivative pricing models, and numerical techniques for derivative valuation (Monte Carlo methods, PDE solvers, …),
(2) the ability to program valuation models for complex derivatives, and
(3) excellent writing and communication skills.
The Group is particularly interested in candidates with experience in model development or model review/validation at a financial institution. Educational requirements include a Ph.D. in Finance, Economics, Mathematics, Mathematical Finance, Physics, Engineering, or a related field.
