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Corporate FP & A Model Development VP

  • Job
    Full-time
    Senior Level
  • Data
    Banking & Finance
  • New York

AI generated summary

  • You need a Bachelor's in finance/economics, 5-7+ years' experience, regression modeling skills, proficiency in R/Python, strong analytical abilities, and effective communication.
  • You will build and implement PPNR and balance sheet models, monitor model performance, collaborate with teams, maintain policies, and conduct ad-hoc analysis for senior management.

Requirements

  • Bachelor's Degree in finance, economics, mathematics, statistics, or related field (Graduate Degree is preferred)
  • 5-7+ years of relevant experience
  • Familiarity with regression modeling (time series modeling knowledge preferred)
  • Knowledge of statistical programming language (R/Python preferred)
  • Strong analytical and problem solving skills, with proven ability to operate independently
  • Effective time management; ability to meet tight deadlines and handle higher pressure situations
  • Effective written and oral communication abilities
  • Proficiency in Microsoft Excel, PowerPoint, and Word
  • Familiarity with CCAR / DFAST stress testing topics a plus but not required

Responsibilities

  • Help to build, document, implement, and execute CCAR-related statistical and analytical Pre-Provision Net Revenue (PPNR) and balance sheet forecasting models
  • Assist with quarterly statistical and analytical model performance monitoring activities
  • Drive strong partnerships / coordination with Business Units, functional areas, and second/third line functions throughout model lifecycle
  • Help to maintain policies and procedures related to model development and automation
  • Complete ad-hoc analysis and presentations for senior management

FAQs

What educational qualifications are required for the Corporate FP&A Model Development VP position?

A Bachelor's Degree in finance, economics, mathematics, statistics, or a related field is required, with a Graduate Degree preferred.

How much relevant work experience is needed for this role?

The position requires 5-7+ years of relevant experience.

Are there any specific technical skills required for this job?

Yes, familiarity with regression modeling, knowledge of statistical programming languages (preferably R or Python), and proficiency in Microsoft Excel, PowerPoint, and Word are required.

What are the primary responsibilities of the Corporate FP&A Model Development VP?

The responsibilities include building and implementing forecasting models, monitoring model performance, coordinating with business units, maintaining policies related to model development, and completing ad-hoc analysis for senior management.

Is knowledge of CCAR / DFAST stress testing topics necessary for this role?

Familiarity with CCAR / DFAST stress testing topics is a plus but not required.

What is the expected salary range for this position?

The expected base pay rates for the role will be between $120,000 and $200,000 per year, determined on an individualized basis.

What work culture does Morgan Stanley promote?

Morgan Stanley promotes a culture of integrity, excellence, strong team ethic, diversity, and inclusion, aiming to attract and retain the best talent from all backgrounds.

Does Morgan Stanley offer equal employment opportunity?

Yes, it is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment based on various characteristics protected by law.

What kinds of employee benefits does Morgan Stanley provide?

Morgan Stanley offers attractive and comprehensive employee benefits and perks, reflecting their commitment to supporting employees and their families along their work-life journey.

Is there an emphasis on teamwork in this position?

Yes, effective partnership and coordination with various business units and functional areas are critical aspects of this role.

Finance
Industry
10,001+
Employees
1935
Founded Year

Mission & Purpose

Morgan Stanley mobilizes capital to help governments, corporations, institutions and individuals around the world achieve their financial goals. For over 85 years, the firm’s reputation for using innovative thinking to solve complex problems has been well earned and rarely matched. A consistent industry leader throughout decades of dramatic change in modern finance, Morgan Stanley will continue to break new ground in advising, serving and providing new opportunities for its clients. Morgan Stanley is committed to maintaining the first-class service and high standard of excellence that have always defined the firm. At its foundation are five core values — put clients first, do the right thing, lead with exceptional ideas, commit to diversity and inclusion, and give back — that guide its more than 70,000+ employees across 41 countries.