Vice President, Risk/Policy Management
$188,200 - $205,000/year
Role Details
Company Profile:
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment, 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.
In the Legal & Compliance division, we assist the Firm in achieving its business objectives by facilitating and overseeing the Firm’s management of legal, regulatory and franchise risk.
What you’ll do in the role:
Morgan Stanley Services Group, Inc. is seeking a Vice President, Risk/Policy Management in New York, New York to design, implement, and monitor the company-wide operational risk program, focusing on framework implementation and governance. Contribute to development of risk management systems. Leverage existing Firm and Department Reporting to maintain and update Operational Risk Reporting to the various Bank and Firm Risk and Governance Committees. Serve as the key relationship manager with the business’ Operational Risk Framework team and Enterprise Risk Group. Support the operational risk incident and issue capture, monitoring, and reporting framework. Implement and enhance analytical software used to conduct statistical analyses to quantify risk. Maintain input and data quality of risk management systems. Support the U.S. Banks Top Operational Risk Reporting, concentration risk and metrics program management. Support coordination of coverage for Internal Audit, Regulatory Exams, and Compliance Assessments. Develop and maintain U.S. Bank Operational Risk policies and procedures.
What you’ll bring to the role:
-Requires a Master’s degree in Information Management, Risk Management, or a related field.
-Requires three (3) years of experience in the position offered or three (3) years as a Technology Manager, Technology Consultant, Software Engineer, or a related role.
-Requires three (3) years of experience with the following skills:
- Issue and incident risk monitoring and reporting;
- Risk identification of material and non-material risks and risk assessment;
- Data cleansing and validation trend analysis, visualizing data and results for management using PowerBI, Tableau and Excel;
- Managing, extracting and analyzing information in database management systems;
- Process and data mapping; and
- Development of business requirement documentation.
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Expected base pay rates for the role will be between $188,200 and $205,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.
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About Morgan Stanley
Morgan Stanley is a global financial services firm providing investment banking, securities, wealth management, and investment management services to corporations, governments, institutions, and individuals. Industry: Investment Banking & Financial Services