WM Risk (Risk Management) : Job Level - Associate
Morgan Stanley
Contact Name : Renae Barlieb
Contact Email : Renae.Barlieb@morganstanley.com
Location: New York, NY
Firm Risk Management
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, strategic, and other risks.
Background on the Position
Wealth Management (WM) provides a comprehensive array of financial services and solutions to individual investors and small to medium-sized businesses and institutions covering brokerage and investment advisory services; financial and wealth planning services; stock plan administration services; annuity and insurance products; securities-based lending, residential real estate loans and other lending products; banking; and retirement plan services.
The role will reside within the Wealth Management (WM) and U.S. Banks Risk Department, COO office supporting the Chief Risk Officer across several key functions that include committee reporting & governance, strategic projects/initiatives, and business management.
Primary Responsibilities:
The role provides a strategic opportunity to manage the risk committee reporting for various committees including but not limited to the U.S. Banks and Wealth Management. The individual will play a role in ensuring the effectiveness, accuracy, and timeliness of materials presented to the Bank and Board Risk Committees. Key responsibilities include:
> Executing the governance framework for the Bank and Board Risk Committees, including managing meeting schedules, creating agendas, and ensuring alignments with committee charters.
> Leading end to end committee reporting process, ensuring that materials are accurate, comprehensive, and strategically aligned to the topics under discussion, while meeting deadlines and maintaining quality standards.
> Serving as the primary liaison across stakeholders, including Risk, Legal, Compliance, and Business Units, to collect, and review materials for committee reporting.
> Documenting meeting minutes for the Bank Risk Committee meetings, demonstrating strong active listening skills
> Supporting ad hoc reporting and initiatives, including regulatory deliverables, and risk committee follow-ups, requiring strong attention to detail, discretion, and business judgement. > Bachelor's Degree required; advanced degree or professional certifications (e.g. FRM, PMP, or MBA ) a plus
> Minimum 3+ plus years of relevant experience in highly regulated, global, and matrixed organizations with proven track record of working effectively across diverse stakeholders.
> Strong written and verbal communication skills
> Detailed oriented with exceptional organizational skills
> Advanced proficiency in Microsoft Office tools, including Word, PowerPoint, PDF, and Excel; familiarity with collaborative tools (e.g,, SharePoint, Teams) preferred.
> Team player with strong interpersonal skill with ability to build trusted relationships across functions, influence, and navigate sensitive or high stakes conversations with professionalism and discretion.
FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views.
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 $85,000 and $140,000 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).