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Credit Risk (Risk Management) : Job Level - Vice President

Morgan Stanley

Morgan Stanley

New York, NY, USA
USD 120k-200k / year
Posted on May 2, 2025
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, model and other risks.

Background on the Position
The role will reside within the Firm Risk Management's Credit Risk Management department. Our mission is to serve as an independent agent to set consistent principles and disciplines for risk management, act as strategic advisor to Firm management for setting risk appetite and allocating capital and be an industry leader to influence and meet regulatory standards.
We are seeking a Product Owner in the Credit Risk Agile Fleet (Agile is a technology development methodology) based in New York. The successful candidate will be part of a team that delivers innovative technology. The role encompasses extensive interaction with global members of Credit Risk (Credit Officers and Credit Associates along with the team of Leads, Product Owners, Scrum Masters) as well as members of technology across Institutional Securities Group (ISG) and Wealth Management.

Primary Responsibilities:
- Be a change agent supporting the transformation to Agile while collaborating with stakeholders to deliver products and outcomes to users.
- Leverage leadership skills to partner with squad members to develop and manage goals.
- Responsibility to prioritize and manage work to achieve business outcomes, clearly articulating what needs to be done and in what order.
- Define and communicate acceptance criteria based on business user needs.
- Work closely across teams (squads) and with Fleet Leads to align goals to ensure progress priorities. Experience:
- 7-10 years of experience in financial or similar industry, credit preferred.
- Product Owner or similar experience related to technology development and analysis to understand business use cases and to remediate risks, issues, and dependencies. Familiar with agile delivery methodology.
- Proficient in facilitating meetings with developed leadership skills.
- Strong written and verbal communication skills
- Self- motivated, ability to adapt and learn quickly are key to success in the role.
- Bachelor's degree is required. Solid academic background or related certifications in finance or technology disciplines

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).