Retail Lending Strategist

Company: Morgan Stanley
Location: Purchase
Posted on: May 6, 2021

Job Description:

Morgan Stanley Wealth Management Strategists and Modeling group is seeking candidates for a financial modeler position in our model development team. Desk Strategists (Strats) support revenue-generating activities and reside within our Wealth Management businesses, covering a wide range of financial products such as bank deposits, mortgage lending and retail lending. We have an opening for a qualified individual to join our fast-paced work environment. New team member will collaborate with the banking business on pricing strategies, new product offerings and risk analysis. Strats will be responsible for the creation of product risk and valuation models, as well as on-demand tools to better identify market opportunities. Responsibilities include: * Determine and create the valuation and risk management models that will feed the Firm's books and records for the bank's Retail holdings; * Monitor and analyze the effectiveness of current valuation and risk models, and make enhancements as needed; * Collaborate with portfolio managers to analyze and advise on managing the risk of the positions currently on the bank's balance sheet as well as future growth; * Participate in model integration effort between MS and E*TRADE; * Ensure compliance with regulatory requirements such as CCAR. Skills required: * Ph.D. degree in Statistics, Mathematics, Engineering or other computational sciences is strongly preferred. Master degree in Computational Finance or Mathematical Finance will also be considered. * Strong hands-on technology skills are a core requirement (e.g., C and Python programming, and/or statistical packages such as SAS, R, and Matlab). * Effective communication & collaboration skills are required. * Prior financial industry experience of more than five years is preferred.

Keywords: Morgan Stanley, New Rochelle , Retail Lending Strategist, Hospitality & Tourism , Purchase, New York