# Model Risk (Risk Management) : Job Level - Analyst [Morgan Stanley](https://www.jorb.ai/firms/morgan-stanley.md) · New York · United States · [Risk & Compliance](https://www.jorb.ai/jobs/risk-compliance.md) Morgan Stanley is hiring a Model Risk (Risk Management) : Job Level - Analyst in New York. Posted 2026-04-07; applications close 2026-06-06. **Apply**: https://ms.wd5.myworkdayjobs.com/External/job/New-York-New-York-United-States-of-America/Model-Risk--Risk-Management----Job-Level---Analyst_PT-JR034130 Posted 15d ago. ## Role details ## Overview Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, model and other risks. The US Model Risk Management (MRM) function resides within FRM and supports US Banks model risk governance by partnering with Model Control Officers, independent model validators, and governance and reporting teams. The team contributes to policy development, prepares risk assessment and performance materials, analyzes model risk and performance data, and presents findings to senior management and risk committees, informing risk oversight and decision making within the US Banks. The role offers the opportunity to support the Model Risk Management framework across business and functional areas within the US Banks, with close interaction with MRM Governance, Model Control Officers, model developers, and independent model validators. ## Primary Responsibilities - Coordinate and compile monthly US Banks Model Risk Oversight Committee materials, including agenda coordination, charter maintenance, stakeholder inputs, quorum confirmation, and meeting minutes. - Identify, assess, and monitor model risk for the US Banks, including tracking model inventory changes, limitations, and remediation activities. - Support identification of model risk issues across functional areas impacting the Banks; highlight US Banks matters from the Firm Model Oversight Committee and communicate key US Banks-related model risks to senior management and Risk Committees. - Contribute to governance forums (US Banks Risk Committee, US Banks Board Risk Committee, Wealth Management Risk Committee, and related working groups) by preparing presentation materials, maintaining trackers, and monitoring deliverables and follow-up actions. - Support Model Performance Review Working Group meetings, including collecting periodic model performance results for the MRM dashboard, supporting documentation, and ongoing performance monitoring of models. - Partner with US Banks Model Control Officers, MRM validation leads, and MRM Reporting teams on model inventory matters, emerging model risk issues, and committee reporting for senior management. - Engage with MRM Governance to maintain US Banks supplements to the Global Model Risk Management Policy. - Support the monthly submission of US Banks' Key Risk Metrics (KRIs) to the Banks Enterprise Risk Management team by liaising with model developers, Model Control Officers, and MRM Reporting teams; assist in developing and maintaining KRIs and related metrics. - Coordinate meeting materials for quarterly regulatory engagements, ensuring accuracy, completeness, and consistency. - Produce quarterly status reporting on issues within the Banks' MRM framework, escalating significant issues as appropriate and coordinating with management on escalation timing and audience. - Coordinate the quarterly review and challenge of model risk assessments conducted by US Banks Business Units, in coordination with model reviewers. - Support the quarterly computation of concentration risk associated with model risk errors. - Assist the compilation of model risk input and feedback to the Banks' short form and long form strategic plans, ensuring alignment with risk appetite and regulatory expectations. ## Experience Bachelor's or higher degree in Finance, Economics, Computer Science, Mathematics, Engineering, or other business or risk management-related fields. 0–2 years of experience from a financial institution, consulting firm, or in risk management, preferably in an analytical, compliance, or regulatory function. (Preferred) Knowledge of model development or risk management through industry experience or academic background in related fields. (Preferred) Previous experience in model governance or reporting. (Preferred) Relevant certifications or designations (e.g., CFA or FRM). ## Skills - Strong analytical and problem-solving skills. - Detail-oriented with exceptional organizational skills. - Ability to manage multiple projects under tight deadlines. - Advanced working knowledge of MS Word, PowerPoint, and Teams. - Excellent verbal and written communication skills with the ability to engage key stakeholders. - Intellectual curiosity with a focus on information sharing. - Self-motivated team player with a can-do attitude. ## What You Can Expect from Morgan Stanley At Morgan Stanley, we raise, manage and allocate capital for our clients—helping them reach their goals. We pursue a differentiated approach guided by our values: putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back. We offer opportunities to work with highly capable colleagues in a supportive, empowering environment. Our teams are collaborative and innovative, drawing on diverse backgrounds and experiences. We provide comprehensive employee benefits and opportunities to grow within the firm. ## Global Presence To learn more about our offices across the globe, please copy and paste the following URL into your browser: https://www.morganstanley.com/about-us/global-offices ## Compensation Expected base pay rates for the role will be between $75,000 and $95,000 per year at the commencement of employment. Base pay is determined on an individualized basis and is part of the total compensation package, which may include commissions, incentive compensation, discretionary bonuses, other short- and long-term incentive programs, and other Morgan Stanley-sponsored benefit programs. ## Diversity & Inclusion Morgan Stanley is an equal opportunity employer committed to building a diverse workforce. Our recruiting efforts reflect a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents. Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences. For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo. ## More open roles at Morgan Stanley - [2026 Investment Management Off-cycle Internship - Real Estate Investing (London)](https://www.jorb.ai/jobs/69e753fb82acec2b893175b6.md) — London, posted 1d ago - [2027 Firm Risk Management Summer Analyst Program - Risk Management (New York)](https://www.jorb.ai/jobs/69a5bb7869cb7010e9e3ccc9.md) — New York, posted 1mo ago - [2026 Step In, Step Up: Foundations In Finance (London)](https://www.jorb.ai/jobs/699d6ff58eba1ab0876c6b95.md) — London, posted 1mo ago - [2026 Investment Banking Off-Cycle Internship (London)](https://www.jorb.ai/jobs/69dfa407adafb06494ed5cb5.md) — London, posted 7d ago - [2026 Investment Banking Strats Fall Associate Program (New York)](https://www.jorb.ai/jobs/69de6cb9c2e52d1728ceb41b.md) — New York, posted 8d ago --- Updated: 2026-04-22 Canonical: https://www.jorb.ai/jobs/69d544e45d5b4d5a335b3789