Firm Risk Management:

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, operational, model and other risks.

Background of the position:

We are seeking a seasoned executive to assume the role of Head of Model Risk Management, Mumbai. This pivotal position involves steering the strategic direction and governance of our model risk frameworks, ensuring robust risk management practices that align with our organizational goals and regulatory standards.

We operate in international markets, giving you the chance to work alongside respected professionals in major cities such as Current York, London, and Hong Kong. In this role, you will become part of the senior leadership team and help coordinate efforts with peers and top leaders at core locations.

Key Responsibilities:

1. Strategic Leadership & Framework Development




- Executive Vision: Craft and communicate a strategic vision for model risk management that aligns with our corporate objectives and regulatory mandates.
- Framework Oversight: Direct the development and implementation of comprehensive model risk management frameworks, policies, and procedures to effectively identify, assess, and mitigate risks.
- Regulatory Alignment: Ensure proactive compliance with evolving regulatory standards, maintaining a forward-looking approach to regulatory changes.

2. Team Leadership & Development
- Leadership Excellence: Lead and mentor a team of model risk professionals, fostering a culture of excellence, collaboration, and continuous development.
- Talent Strategy: Develop and execute a talent strategy to attract, develop, and retain top-tier model risk management expertise.
- Organizational Learning: Promote a culture of knowledge sharing and best practices to enhance mode

📌 MRM - Executive Director - FRM - Mumbai
🏢 Morgan Stanley
📍 Mumbai