Morgan Stanley IRB - Credit Rating Model - Director Profile Description Were seeking someone to join our team as (Director) in (Risk Analytics) division to work on model development. The successful candidate will work extensively with credit risk models involving IRB approaches, CCAR and CECL. The successful candidate will have strong analytical skills, an excellent work ethic and a high degree of interest in both quantitative and non-quantitative aspects of financial risk management. Firm Risk Management In the Firm Risk Management division, we advise businesses across the Firm on risk mitigation strategies, develop tools to analyze and monitor risks and lead key regulatory initiatives. Company Profile Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals. At Morgan Stanley India, we support the Firms global businesses, with critical presence across Institutional Securities, Wealth Management, and Investment management, as well as in the Firms infrastructure functions of Technology, Operations, Finance, Risk Management, Legal and Corporate & Enterprise Services. Morgan Stanley has been rooted in India since 1993, with campuses in both Mumbai and Bengaluru. We empower our multi-faceted and talented teams to advance their careers and make a global impact on the business. For those who show passion and grit in their work, theres ample opportunity to move across the businesses for those who show passion and grit in their work. Interested in joining a team thats eager to create, innovate and make an impact on the world? Read on What youll do in the role: The primary responsibilities of the role include : Lead modeling efforts for credit risk IRB models in Mumbai Quickly develop a deep understanding of Morgan Stanley's credit risk analytics models. Participate in research, development, and implementation of credit risk models Perform econometric analyses to support methodology development Support backtesting, stress testing, scenario analyses and sensitivity studies Analyze model changes and perform data analyses for various purposes including model improvement Partner with teams across Risk Analytics, technology, model risk management, credit risk officers and other teams throughout FRM and the Firm. Develop, train, oversee and mentor junior colleagues