Model Risk Specialist – Traded Risk, Imm Focus

Morgan Stanley

Budapest, Hungary
**
Model validation for imm models
Independent testing of model accuracy
Quantify model risks and develop controls
** Morgan Stanley is seeking a Model Risk Specialist for its Model Risk Management team in Budapest. The role focuses on validating and enhancing models related to traded risk and counterparty credit risk, with an emphasis on integrating emerging AI technologies. **

Job Summary

  • Conduct model validation for IMM models by challenging model assumptions, mathematical formulation, and implementation.
  • Develop GenAI and Agentic AI solutions to automate model testing, streamline validation workflows, and enhance efficiency within Model Risk Management, with a strong interest in adapting to emerging AI technologies.
  • Highlight risks and limitations of models and communicate findings to stakeholders, senior management, and governance committees.

Matching Summary

Match Score: 75

** Morgan Stanley is seeking a Model Risk Specialist for its Model Risk Management team in Budapest. The role focuses on validating and enhancing models related to traded risk and counterparty credit risk, with an emphasis on integrating emerging AI technologies. **

Skills & Requirements

Must-have

  • Model validation for IMM models
  • Independent testing of model accuracy
  • Quantify model risks and develop controls
  • Communicate findings to stakeholders
  • Collaborate with global MRM teams

Nice-to-have

  • Develop GenAI and Agentic AI solutions
  • Adapt to emerging AI technologies
  • Cultivate effective relationships with regulators

Key Requirements

  • Masters or Ph.D. degree in quantitative field
  • 5+ years of working experience
  • 3+ years of relevant experience
  • Knowledge of mathematical finance and derivative pricing

Work Rights

Not specified

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