Executive Director - Model Risk Management, Program Management Office

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Morgan Stanley USA
  • 20 Nov 17 2017-11-20

Executive Director - Model Risk Management, Program Management Office

MRM PMO
The MRM PMO (Model Risk Management Program Management Office) has primary responsibility for the oversight and execution of the project portfolio to evolve Morgan Stanley's Model Risk Management function and capabilities. In addition, the MRM PMO manages the execution of the CCAR process for MRM.

Executive Director MRM PMO
The Executive Director MRM PMO reports to the MD Regulatory Risk, Program Management, Quality Assurance in MRM, and is responsible for all aspects of the MRM PMO. Given the prominent role model risk management plays, the position has significant visibility and will interact with senior leadership and multiple functions across the firm on an on-going basis.

Primary Responsibilities include:
· Lead MRM PMO function, managing team of at least 6 across New York and Budapest locations
· Articulate and implement MRM PMO framework, balancing the needs for process and substance
· Develop and maintain MRM project portfolio, including strategy and structure
· Oversee development of detailed plans and manage timely execution of commitments and deliverables
· Establish plan for and drive execution of CCAR process for MRM
· Manage communication requirements and prepare/present status updates to various governance forums

Qualifications:

Skills Required:
· 10+ years of experience in complex financial services firm
· Excellent organizational, analytical and communication skills
· Strong leadership, team management and multi-tasking capabilities
· Ability to interface and influence at all levels of the organization
· Experience in large-scale, cross-functional program management

Skills Desired:
· Understanding of relevant regulatory requirements (e.g. SR 11-7 or SR 15-18)
· Prior leadership role in model risk management or CCAR/DFAST process