Capital & Data Risk / IM Risk (Risk Management) : Job Level - Vice President
Morgan Stanley
The role will reside within Firm Risk Management, specifically within the Risk Data team. The Risk Data team has the responsibility of:
> Developing and maintaining the Firm's Risk and Finance Data Aggregation (RFDA) Governance Framework
> Promoting data quality standards, including governing and monitoring Risk Data Domains' adherence to the RFDA Framework and the Firm's Data Quality Policy
This role will be focused on program implementation of the RFDA Framework, working closely with stakeholders across the Firm, including the Risk Stripes within FRM. The Risk Data team has presence across multiple geographical locations and jurisdictions.
Primary Responsibilities
> Design and manage governance and implementation of RFDA Framework component processes, including concepts of: Critical Reports, Critical Report Attributes / Key Risk Indicators, Time of Stress reporting, End-User Computing (EUCs), manual processes
> Lead co-ordination, management and preparations for internal and external examinations, track and monitor audit deliverables
> Ensure key risks and issues are identified, documented, mitigated, and communicated to the appropriate stakeholders in a timely manner
> Create concise and effective presentations for senior management on program implementation / governance updates and regulator-ready materials
> Guide/mentor junior members of the team Experience
> Bachelor's degree or equivalent; MBA or MA preferred
> 6+ years of work experience in the financial services industry preferably in risk management, or equivalent experience
> Strong understanding of concepts related to: risk management, risk data aggregation (i.e., BCBS 239), controls
> The ability to effectively communicate with a wide range of stakeholders, both written and verbally, including meeting management
> Confidence to take ideas forward and to challenge others, where appropriate, with experience in management by influence, facilitating and gaining consensus
> An interest in working in a fast-paced environment, often balancing multiple high-priority deliverables
> Strong attention to detail and ability to provide information in usable formats (proficiency in Microsoft PowerPoint, Excel and Word)
> The ability to work independently in a self-directed way in a collaborative, team-oriented environment
> Experience in Risk Management at leading financial institutions (preferred)
> Experience of interpreting regulatory guidelines and experience relating to the regulatory environment (preferred)
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.
Expected base pay rates for the role will be between $120,000 and $200,000 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's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).