Associate, Quantitative Credit Risk, Risk Management Department, Credit Capital & Risk Analytics Gro recruitment

Position Category: Risk Management

Position Title: Associate, Quantitative Credit Risk, Risk Management Department, Credit Capital Risk Analytics Gro

Job Level: Associate

Location: USA - NY - New York

Education Required: Refer to Position Description

Position Description:
JOB DESCRIPTION

Morgan Stanley Co. LLC seeks Associate, Quantitative Credit Risk, Risk Management Department, Credit Capital Risk Analytics Group in New York, NY to develop and document mathematical credit rating models to quantify all aspects of credit risk and meet regulatory requirements for Morgan Stanley's investment/wholesale portfolios and Morgan Stanley Smith Barney's retail portfolios. Perform quantitative analysis such as multiple regression, logistic regression, correlation analysis, linear regression, and other statistical/econometric modeling utilizing statistical software including Matlab or SAS. Build and optimize scorecard models. Develop and maintain loss given default, exposure at default and probability of default models to ensure firm-wide rating consistency. Perform large scale data-mining and conduct on-demand performance analysis. Process data for various purposes. Implement production code and modeling using programming technologies including SQL and VBA. Develop new strategies and models using additional computer languages including R and C++ based on business needs, and advanced Excel. Present, communicate, and document quantitative models and strategies for internal clients.

REQUIREMENTS

PhD degree in Physics, Mathematics, Computer Science, Engineering, or related quantitative field, and two (2) years of experience developing and documenting mathematical models and performing quantitative analysis to quantify risk on behalf of a global financial services institution. Prior experience must include utilizing programming technologies including SQL, VBA and advanced Excel; performing multiple regression, logistic regression, correlation analysis, linear regression and other statistical/econometric modeling utilizing statistical software including Matlab or SAS; building and optimizing scorecard models; performing large scale data mining; and presenting, communicating, and documenting quantitative models and strategies for internal clients. The employer will also accept a Master's degree and five (5) years of experience in the above-listed areas.

QUALIFIED APPLICANTS: Please apply through this website or e-mail your resume to efc101203@msresumes.com. NO CALLS. EOE

Skills Required:
Refer to position description.