Capital Markets & Crypto Risk Director

Morgan Stanley•Baltimore, MD

7d•$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.

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. 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.

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
annual discretionary incentive compensation award
relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component