At a Glance
- Tasks: Lead software development for model risk management and optimise validation processes.
- Company: Join Morgan Stanley, a top global financial services firm with a collaborative culture.
- Benefits: Enjoy flexible working, competitive perks, and opportunities for career growth.
- Other info: Work in a diverse team that values inclusion and creativity.
- Why this job: Make an impact by developing innovative tools in a fast-paced environment.
- Qualifications: 5+ years in software development, strong Python skills, and a background in finance.
The predicted salary is between 70000 - 90000 £ per year.
The role will reside within the Firm Risk Management’s Model Risk Management (MRM) Department which is a team responsible for the Firm’s management of risks related to the implementation and use of models and tools, covering all aspects of the Firm’s businesses and implementing key regulatory requirements. This position is with the Efficiency Evolution Team, which is responsible for coordinating various Fleet activities related to infrastructure and adoption of AI solutions to generate efficiencies.
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. Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.
What will you be doing?
- Prototype, evaluate, and iterate on new tools, workflows, and process improvements to optimize the end‑to‑end model validation lifecycle, with a focus on efficiency, reproducibility, and control readiness.
- Design, develop, automatically test, and maintain production quality Python applications that support validation execution, evidence capture, reporting, and independent testing activities.
- Build and distribute well documented internal Python packages (e.g., reusable libraries, CLI tools, and developer tooling), including versioning, release notes, and backward compatibility practices to support department wide adoption.
- Partner closely with stakeholders (e.g., model reviewers/validators and related risk partners) to gather requirements, translate pain points into scalable solutions, and deliver tools that improve day‑to‑day effectiveness and turnaround times.
- Establish and maintain automated quality controls (e.g., unit and integration tests, CI checks, static analysis) to improve reliability and reduce operational risk across the codebase.
- Contribute to and uphold engineering standards for the team, including coding conventions, documentation expectations, testing strategies, and packaging/release patterns, to improve consistency and maintainability across tools.
What we’re looking for:
- Bachelor’s or higher degree in Computer Science or a related field.
- 5+ years of software development experience.
- Extensive experience with Python, Git, and Linux.
- Extensive experience with data management, analytics, and visualization.
- Proven track record of developing Python packages with appropriate documentation and test suites.
- Proven track record of developing robust Continuous Integration and Continuous Development pipelines.
- Strong background in Machine Learning and Statistics, ideally in the Banking/Finance industry.
- Experience with RDBMS and other types of database management systems.
- The ability to effectively communicate with a wide range of stakeholders, both written and verbally.
- Strong attention to detail and ability to provide information in usable formats (proficiency in Microsoft office, including Excel, PowerPoint and Word).
Skills that will help you in the role:
- Ability to work independently in a self‑directed way in a collaborative environment.
- An interest in working in a fast‑paced environment, often balancing multiple high priority deliverables.
Where will you be working?
This role is based at 20 Bank Street, London.
Benefits
There is ample opportunity to move across the business for those who show passion and grit in their work, and Morgan Stanley offers a range of attractive and comprehensive employee benefits and perks.
Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.
Model Risk Management, Software & Infrastructure Lead employer: Dormont Manufacturing Co
Morgan Stanley is an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration within the Model Risk Management team. Located in the heart of London, employees benefit from comprehensive perks, flexible working arrangements, and ample opportunities for professional growth, all while contributing to a firm that prioritises diversity and inclusion. Join us to be part of a leading global financial services firm where your skills can make a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Model Risk Management, Software & Infrastructure Lead
✨Tap into Campus Networks
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We think you need these skills to ace Model Risk Management, Software & Infrastructure Lead
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Dormont Manufacturing Co.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
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How to prepare for a job interview at Dormont Manufacturing Co
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Dormont Manufacturing Co.
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Since this is a full-time position, employers at Dormont Manufacturing Co will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Dormont Manufacturing Co employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.