Vice President, Policy, Procedure & Standards Framework
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.
The US Banks team seek a Vice President ("VP") to join the First Line of Defense Business Risk team. The candidate will support administration of the first line of defense business risk department.Responsibilities for this role will be:
Oversee and managePolicies, Procedures & Standard(PPS) framework and oversight for the entire Bank organizations. Immediate core responsibilities will include:Establish structure and framework for PPS management and communicate across Business and Risk partners
Work w BCUs to identify missing and expired documents
Engage in review of current business processes, identify PPS gaps and drive creation of missing PPS or updates to stale PPS:
Manage and communicate "best practices" and guides for business partners which assist in creation of PPS
Provide training to business partners on how to best develop effective and complete PPS
Actively assist business partners with documentation of processes and controls
Review completed PPS to ensure all components are complete and easily understood
Track and monitor progress to completion of PPS
Develop PPS process to assist BCUs & pps owners with PPS health check
Provide regular reporting to senior management on progress of PPS development
Reinforce storage and reference capabilities for Policy Portal which allow easy access to documentation
Identify method to ensure compliance with PPS framework, inclusive of usage of Policy Portal
Participation in Policy Working Group (either as representative or delegate)
Required Skills/Experiences:
Minimum 6-10+ years of professional experience in financial services industry; preferably in risk management, finance, compliance, or audit.
• Bachelor's Degree in Finance, Accounting, Economics or10+ years Banking experience (Preferred)
• Ability to work in a fast-paced, high-demand environment, both independently and as part of a team, under tight deadlines and with the ability to manage multiple priorities concurrently, efficiently and effectively.
• Attention to detail, strong analytical, quantitative, and investigative problem-solving abilities
• Strong interpersonal, verbal, and written communication skills; capable of clear and concise writing, making presentations to an internal audience, and interacting positively with upper management, colleagues and clients.
• Strong project management and technical reporting skills i.e. dashboard creation
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)
Expected base pay rates for the role will be between $120,000 and $180,000 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.