Operational Risk / Non-Financial Risk – Assistant Vice President

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.With offices in more than 41 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Wealth Management Operational Risk

Wealth Management Operational Risk sits within the 1st line of defense and is responsible for overseeing the operational risk and control framework across the Wealth Management business. This team partners with key stakeholders throughout the organization to execute independent risk monitoring functions, support process and control improvement, provide tactical and strategic reporting, execute incident management protocols, facilitate issue and action plan management and coordinate new operational risk programs in partnership with the business as well as 2nd Line of Defense business partners.

WM Growth Monitoring Analyst –Assistant Vice President

This role on the Growth Monitoring Team entails a range of responsibilities in a team environment, focused on monitoring for business growth trends and resulting risk stressors requiring management attention in the Wealth Management business. Specific duties will include:

Identifying trends and anomalies in growth metrics and against thresholds – incl. evaluating the impact of ‘Completed’ New Product Approvals and Internal Audit findings

Coordinating with key stakeholders to ensure collection and maintenance of metrics from organizations throughout Wealth Management

Developing and maintaining management focused informational materials and key risk indicator dashboards

Preparing comprehensive growth monitoring reports for Wealth Management governance reporting

Monitoring remedial action progress and reporting status updates to leadership forums

Facilitating the review and calibration of existing growth metrics, baselines and thresholds vis-à-vis risk appetite and organizational growth objectives

Soliciting feedback from stakeholders to enhance the effectiveness of the Growth Monitoring Framework

Identifying opportunities for process optimization and automation

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A successful candidate will be able to support a variety of operational risk management initiatives and must be able to manage changing priorities, make sound decisions, complete their assignments and proactively communicate where there are potential risks to the Firm. Attention to detail and accuracy is critical, given the executive audience for much of the team’s work. A candidate needs to be collaborative and able to build effective working relationships with all levels across the organization.

· Minimum 5 years of risk management experience within financial services, preferably within the Operational Risk, Non-Financial Risk, or Internal Audit discipline

· Strong organizational skills with the ability to multi-task, prioritize, work under pressure and to tight deadlines

· Solid professional and interpersonal skills, including written and verbal communication

· Ability to work well within a team

· Ability to build / maintain a network of contacts, and coordinate with many stakeholders

· Proficient with Microsoft Office suite, emphasis in Excel, Word, and PowerPoint

· Strong analytical and problem-solving skills (critical thinking ability)

· Bachelor’s degree required

Morgan Stanleys 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).

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Job: Wealth Management

Title: Operational Risk / Non-Financial Risk – Assistant Vice President

Location: Maryland-Baltimore

Requisition ID: 3260035