Financial Modeling Strategist, Vice President / Executive Director

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Morgan Stanley USA
  • 24 May 19

Financial Modeling Strategist, Vice President / Executive Director

Morgan Stanley Wealth Management Strategists and Modeling group is seeking a Vice President/Executive Director level Financial Modeling Strategist for 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 including bank deposits, mortgage lending, retail and margin lending, and investments. We have an opening for a qualified individual to join our fast paced work environment.

Financial Modeling Strategists collaborate with the banking business to support revenue-generating activities by providing financial analytics. The job involves constructing forecasts of lending balances and revenues for the Firm's Wealth Management products for use in budgeting, planning, and scenario-based stress testing. Additional responsibilities include: (i) testing, documenting, and communicating modeling approaches, and (ii) writing and maintaining code and processes for implementation.

Responsibilities include:
• Developing econometric models used for forecasting product revenues and
asset balances based upon macroeconomic variables and historical and
current product-level characteristics
• Coordinating with data providers and end users
• Communicating technical content to management and model validation teams
• Performing statistical tests and writing model documentation
• Writing and maintaining R code for forecasting engine with version and
process controls for production
• Performing ad hoc investigations as per business requirements.

Qualifications:

Skills required:
• PhD in Economics, Statistics, Data Science, Mathematics, Physics, Engineering,
or other quantitative/computational field
• Hands-on experience manipulating data and developing econometric and
statistical models, preferably with financial applications
• Ability to clearly communicate all aspects of quantitative model design, testing
and analysis to Business Unit, Model Review, and Finance teams
• Strong written and oral communication skills and a positive, collaborative, and
proactive attitude
• Programming skills in R. Familiarity with Linux a plus
• Two to seven years of financial industry experience preferred.