Company Profile Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture. Department Profile The cornerstone of Morgan Stanleys risk management philosophy is the execution of risk-adjusted returns through prudent risk-taking that protects Morgan Stanleys capital base and franchise. Risk Management protects the firm from exposure to losses resulting from market volatilities and defaults by our lending and trading counterparties. Background on the Position Morgan Stanleys Model Risk Management (MRM) department resides within Morgan Stanleys Firm Risk Management Division. Morgan Stanleys global MRM team, spread across New York, London, Mumbai and Budapest is broadly responsible for the risk management of all of the Firms models involving model validation, risk assessment, and governance and act as an effective second line of defence within the Firm. Morgan Stanley is seeking a strong candidate to be a member of the MRM team in Mumbai, focused on the review, validation and risk assessment of models and tools including, but not limited to models / tool on Risk, Capital Planning, Asset Management, AI based Decision Support. Primary Responsibilities: Perform independent validations of select FRM processes and controls, including those relating to regulatory and Basel requirements. Support execution of reviews (e.g., planning, documenting, reporting) and continuous monitoring activities (e.g., risk assessments); Contribute to improving the team's validation methodology and execution capabilities. Interface with key stakeholders, governing bodies, and business partners to review status of validation work, results of test work, and quarterly reporting. Partner with other independent validation teams, e.g., Model Risk Management, Regulatory Reporting Quality Assurance (RRQA), to support a unified validation program end-to-end.