Director - Climate Scenario Risk Analytics /Firm Risk Management/

Morgan Stanley is seeking a Director for the Climate Scenario Risk Analytics team in Mumbai, India. The role involves creating climate risk scenarios, developing frameworks, participating in stress testing, and collaborating with global teams. Candidates should have a quantitative background with at least 5 years of experience in financial institutions, strong analytical skills, and proficiency in Python and Excel. The position emphasizes risk management and regulatory compliance.
Morgan Stanley

Scenario Risk Analytics - Director

Profile Description

We’re seeking someone to join our team as a [Director] in [Climate Scenario Analytics team].

Firm Risk Management

In the Firm Risk Management division, we advise businesses across the Firm on risk mitigation strategies, develop tools to analyze and monitor risks and lead key regulatory initiatives.

Company Profile

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you’ll do in the role:

Primary Responsibilities include, but are not limited to:
• Create a new scenario design capability leveraging existing models & data to translate emerging climate risk to economic scenarios
• Develop and drive to completion, a global climate risk scenario approach / framework that reflects relevant industry best practices, regulatory developments, and academic insights
• Have a strong understanding of global trends pertaining to regulation and standard setting related to climate risk
• Participate in scenario design process of regulatory and internal stress testing frameworks
• Participate in research, development and implementation of macroeconomic prediction methodologies and models
• Perform econometric analyses to support methodology development
• Perform back tests, stress tests, analyses and sensitivity studies
• Collaborate with several global teams
• Develop and support production infrastructure and codes within Agile framework
• Contribute towards documentation of models and their results.
• Participation in preparing regular and ad-hoc deliverables to the regulators and senior management

What you’ll bring to the role:

Required Qualifications
• Master's/Bachelor's/Advanced degree in Computer Science, Mathematics, Physics, Engineering, or other quantitative subjects
• 5+ years of experience at a financial institution or a consulting firm, preferably on a Quant/ Data Science role in a data-rich environment

Skills Required
• Strong quantitative and analytical skills and ability to work with diverse cultures in a global team.
• Solid development experience in Python and Excel
• The candidate needs to be familiar with different statistical techniques viz. Regressions Analysis, Hypothesis testing, Econometrics, etc.
• Excellent quantitative and analytic skills
• Experience of scenario analysis / stress testing within risk management frameworks
• Basic knowledge of financial markets and macroeconomics
• Attention to detail
• Self-motivated team player who brings a can-do approach
• Ability to work well under pressure in a fast-paced team-oriented environment
• Good interpretations skills to convey complex quantitative methodology in simple terms

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.

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