Morgan Stanley Overview:
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Morgan Stanley can provide a superior foundation for building a professional career.
Legal and Compliance Division Overview:
The Legal and Compliance Division LCD includes Legal, Regulatory Relations, and Non-Financial Risk departments which preserve the firm's invaluable reputation for integrity and protect the firm from sanctions with policies and procedures designed to meet regulatory requirements worldwide.
Non-Financial Risk Department Overview:
The second-line Non-Financial Risk NFR organization includes the Compliance, Global Financial Crimes, and Operational Risk departments and provides a single, comprehensive, and consistent second-line view of these non-financial risks. Non-Financial Risk encompasses risks which are not financial in nature, and could have a potential economic, reputational, regulatory, financial reporting, or client impact from i) failed or inadequate processes, data, or controls; ii) infrastructure or environmental factors; or iii) intentional or inadvertent actions of employees or external parties. The second-line NFR organization partners with the first-line business units to advise, train, manage, report, identify, analyze, and escalate non-financial risks.
Enterprise Risk Programs Overview:
The Enterprise Risk Programs Officer will assist in the management of the Non-Financial Risk Department's Risk Identification, Remediation and Planning Programs (Integrated Risk Approach (IntegRA), Non-Financial Risk (NFR) Lessons Learned Program, and Annual Planning). The Enterprise Risk Programs Officer will also be responsible for certain program governance activities, such as committee materials, agendas, and management.
Responsibilities:
Lessons Learned
-Assist in the administration and management of the NFR Lessons Learned Program including coordinating with first and second-line LL teams/participants globally
- Analyze external regulatory matters and internal incidents for potential lessons learned review
- Provide input and challenge on lessons learned reviews, including scope, read across and remediation
- Act as lead on certain lessons learned reviews
- Oversee the production of monthly and quarterly NFR Lessons Learned Program reporting
- Coordinate operations of the Lessons Learned-Conduct Risk working group
- Participate in technology- and data-related initiatives
Risk Identification / IntegRA
- Play a key role in substantive monthly and quarterly risk analysis across NFR Risk Identification Programs, including review of management information on a global basis, produced across NFR organization and by other stakeholders Firmwide
- Provide administrative support for the NFR Risk Identification Programs
- Provide input and challenge on the formulation of departmental key focus areas and action plans
- Liaise and coordinate with NFR management and coverage teams globally regarding specific issues
- Provide substantive execution support with respect to certain action items identified through the IntegRA Program
- Lead production of quarterly compliance risk identification analysis materials, including metrics, for presentation and discussion with NFR Senior Management
- Participate in technology and data-related initiatives
Other
- Assist in responding to requests and reporting regarding both programs from other functions within the Firm or from regulators as necessary
- Manage intake and assignment of Integrity Hotline reports as needed
- Special projects as appropriate
Qualifications:
- Relevant work experience in the financial services industry in Compliance or at a securities regulator or related fields
- Highly motivated self-starter able to work independently while collaborating and coordinating across a complex organization
- Strong analytical and problem-solving skills and the ability to provide viable solutions in a time-sensitive environment
- Exceptional written and verbal communications skills, attention to detail and effective time management
- Outstanding interpersonal skills and team-player attitude with the ability to build effective partnerships
- Ability to multitask and manage team members on projects within a small-group environment
- Highly proficient in MS Office Suite (e.g., PowerPoint, Excel).
- Bachelor's degree minimum
Expected base pay rates for the role will be between 110000 and 190000 per 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).