Capital Markets & Crypto Risk Director

Morgan Stanley•Baltimore, MD

1d•$64,000 - $107,500

About The Position

We're seeking someone to join our team as a Director in WM Operations to be part of the CMCPR Risk Team which ensures that our operations run smoothly, compliantly, and efficiently by managing risk and maintaining control over various processes. In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships. This is a Team Specialist position at Director level within the Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world. This is a Director Team Specialist position at the P3 job level within Core Services, which is responsible for performing and managing product-agnostic and centralized operational services across several businesses and products. At Morgan Stanley Baltimore, we support the Firm’s global Technology, Operations, Risk Management, Legal and Compliance, Internal Audit and Finance divisions. Morgan Stanley has been rooted in the Baltimore community since 2003. Our talented and diverse team is one of the largest in the U.S. outside of our New York headquarters and home to industry leading cybersecurity innovation with multiple patents and awards. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. There’s ample opportunity to move across the businesses for those who show passion and grit in their work. What you'll do in the role: - The Risk and Control Specialist is responsible for a broad range of operational risk management tasks supporting functional process owners in Capital Markets, Core Processing & Risk. Trade Support (e.g., Fixed Income, Equity, Syndicate, Structured Product, Futures, FX, Precious Metals, Options, Crypto, 24/5 Trading model support), Clearance, Settlement (e.g., DTC, International, FED, Stock Leading, Fail management & Buy Ins.) Asset Transfers (e.g., ACAT, DRS, DWAC, Physicals) Corporate Actions (e.g., Mandatory, Voluntary, Income & Dividend) Control function (e.g., Balance & Control, Possession or Control) Operational Risk Management functions include ensuring desktop procedure and supervisory procedures exist, conducting reviews to assess completion and performance of operations tasks, reviewing compliance with firm policies and regulatory expectations, facilitating Risk Assessments (iNFR-A), control design, business continuity, entitlement management, analyzing and reviewing operational risk incident (ORI), conducting independent monitoring, manage internal audits and compliance reviews, and analyzing key risk metrics. Additionally, the Risk team leads the coordination of external audits (e.g., SOC1, 10-K, FICCA) and internal Compliance exams. Strong organizational skills and attention to detail are required to manage multiple collection points, audiences, and fluctuating deadlines. Responsibilities may also include conducting process walkthrough meetings with Operations, designing test scripts, conducting testing, reporting results, and compiling reporting for management. - Serve as a subject matter expert within functional area, working with Team Manager to manage processes, risks and/or projects, proposing and implementing improvements/changes - Act as key problem solver for area or expertise, applying detailed knowledge to address unique or novel situations, recognize risks and draw out key issues - Coordinate work, train and develop other team members where required, including task allocation, and project contribution. - Ability to lead by example, work with drive and determination, and put forward challenging views to senior levels - Comprehensive knowledge and understanding of functional area and operational/compliance policies and procedures of their team - Ability to operate independently across the majority of day-to-day responsibilities - Culture carrier across Operations, embracing the Firm's core values and acting as a role model - Collaboration and teamwork skills and experience, including strong interpersonal skills - Organizational skills, with strong attention to detail, and the ability to manage multiple deadlines - Strong communication skills, both oral and written, including experience with business process documentation, and preparing management reports using PowerPoint and Excel - Strong analytical skills, including root cause analysis - College degree (BS or BA) - Power BI and Alteryx are a plus - At least 4 years' relevant experience would generally be expected to find the skills required for this role What you'll bring to the role: - Ability to lead by example, work with drive and determination, and put forward challenging views to senior levels - Comprehensive knowledge and understanding of functional area and operational/compliance policies and procedures of their team - Ability to operate independently across the majority of day-to-day responsibilities - Culture carrier across Operations, embracing the Firm's core values and acting as a role model - Collaboration and teamwork skills and experience, including strong interpersonal skills - Organizational skills, with strong attention to detail, and the ability to manage multiple deadlines - Strong communication skills, both oral and written, including experience with business process documentation, and preparing management reports using PowerPoint and Excel - Strong analytical skills, including root cause analysis - College degree (BS or BA) - Power BI and Alteryx are a plus - At least 4 years' relevant experience would generally be expected to find the skills required for this role We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. Our Firm is differentiated by the caliber of our diverse team, while our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity 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. 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. United States (All States) 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. Asia and India Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet). ] WHAT YOU CAN EXPECT FROM MORGAN STANLEY: At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 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.

Requirements

Ability to lead by example, work with drive and determination, and put forward challenging views to senior levels
Comprehensive knowledge and understanding of functional area and operational/compliance policies and procedures of their team
Ability to operate independently across the majority of day-to-day responsibilities
Culture carrier across Operations, embracing the Firm's core values and acting as a role model
Collaboration and teamwork skills and experience, including strong interpersonal skills
Organizational skills, with strong attention to detail, and the ability to manage multiple deadlines
Strong communication skills, both oral and written, including experience with business process documentation, and preparing management reports using PowerPoint and Excel
Strong analytical skills, including root cause analysis
College degree (BS or BA)
At least 4 years' relevant experience would generally be expected to find the skills required for this role

Nice To Haves

Power BI and Alteryx are a plus

Responsibilities

The Risk and Control Specialist is responsible for a broad range of operational risk management tasks supporting functional process owners in Capital Markets, Core Processing & Risk.
Serve as a subject matter expert within functional area, working with Team Manager to manage processes, risks and/or projects, proposing and implementing improvements/changes
Act as key problem solver for area or expertise, applying detailed knowledge to address unique or novel situations, recognize risks and draw out key issues
Coordinate work, train and develop other team members where required, including task allocation, and project contribution.
Ability to lead by example, work with drive and determination, and put forward challenging views to senior levels
Comprehensive knowledge and understanding of functional area and operational/compliance policies and procedures of their team
Ability to operate independently across the majority of day-to-day responsibilities
Culture carrier across Operations, embracing the Firm's core values and acting as a role model
Collaboration and teamwork skills and experience, including strong interpersonal skills
Organizational skills, with strong attention to detail, and the ability to manage multiple deadlines
Strong communication skills, both oral and written, including experience with business process documentation, and preparing management reports using PowerPoint and Excel
Strong analytical skills, including root cause analysis

Benefits

Medical
Prescription Drug
Dental
Vision
Health Savings Account
Dependent Day Care Savings Account
Life Insurance
Disability and Other Insurance Plans
Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually)
10 Paid Holidays
401(k)
Short/Long Term Disability