Capital & Data Risk / IM Risk (Risk Management) : Job Level - Vice President
Morgan Stanley
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, model, and other risks.
Background on the Position
The role will reside within the Morgan Stanley Risk Data team within the Firm Risk Management Division. Risk Data is responsible for the development and promotion of data standards, governance, and monitoring of the Risk Data Domains' adherence with the Global Data Quality Policy and the BCBS 239 Governance Framework.
Risk Data seeks a Vice President to join the Risk Data team based in New York. The selected candidate will be part of a team focused on partnering with Risk Domains to develop and drive strategic solutions to implement BCBS 239 components, process efficiency, and strengthen data governance across the Firm's Risk. This includes leading the team and guiding the Risk Domains in their support of initiatives related to their adherence with BCBS 239 principles and the Global Data Quality Policy.
Primary Responsibilities
1. Design and facilitate implementation of BCBS 239 component processes related to data quality governance across Risk and Finance, Divisional Data Offices, and Legal Entities; ensuring scope, timeliness, and requirements are met and in accordance with BCBS 239 principles
2. Develop and update policies, procedures and/or processes as needed to ensure adherence with BCBS 239 principles
3. Lead co-ordination, management and preparations for internal and external examinations, track and monitor audit deliverables
4. Ensure key risks and issues are identified, documented, mitigated, and communicated to the appropriate stakeholders in a timely manner
5. Prepare and present BCBS 239 materials, including approval packages to various senior management committees and forums Experience, Qualifications
1. Possess Bachelor's degree; MBA or MA preferred
2. 7+ years of work experience in the financial services industry preferably in risk management, or data quality governance
3. Proficiency in Microsoft Office programs (Word, Excel, PowerPoint)
4. Strong collaboration, relationship building and teamwork skills
5. Knowledge and exposure to US and EMEA financial regulations including BCBS 239 is preferred
6. Ability to work effectively on multiple projects under tight deadlines
7. Strong attention to detail, problem-solving skills, and ability to provide information in usable formats
8. Ability to effectively communicate with a wide range of stakeholders, both written and verbally
9. Ability to run meetings with multiple stakeholders and business areas
10. Strong organizational and project management skills
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.
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 $120,000 and $205,000 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).