Credit Risk Model Developer – Associate (Flexible Work)

Morgan Stanley; City of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A global financial services firm is seeking a Model Development (Risk Management) Associate to enhance credit risk models and ensure compliance with regulatory standards. Candidates should have an MSc or equivalent in a quantitative subject and strong analytical and programming skills, preferably in Python. This position offers a collaborative work environment and the opportunity to work on important global projects.

Benefits

Comprehensive employee benefits

Flexible working arrangements

Diversity and inclusion initiatives

Qualifications

• Rapidly adapt to evolving statistical techniques in risk modelling.
• Ability to balance multiple high priority deliverables.
• Independent and collaborative work skills.

Responsibilities

• Enhance PD models while ensuring regulatory compliance.
• Contribute to global models and performance monitoring.
• Review and challenge data assessments for model compliance.

Skills

Analytical ability

Programming skills (Python)

Understanding of statistical techniques in risk modelling

Communication skills

Knowledge of IRB regulations

Education

MSc or equivalent in a quantitative subject

Job description

A global financial services firm is seeking a Model Development (Risk Management) Associate to enhance credit risk models and ensure compliance with regulatory standards. Candidates should have an MSc or equivalent in a quantitative subject and strong analytical and programming skills, preferably in Python. This position offers a collaborative work environment and the opportunity to work on important global projects.