FRM Data Risk Governance and Reporting- Associate

Morgan Stanley • New York, NY

6h • $100,000 - $140,000

About The Position

The Firm Risk Management (FRM) division 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 because of credit, market, liquidity, operational, model, and other risks. This role resides within Morgan Stanley's FRM Risk Data team. The Risk Data team is responsible for developing and promoting data quality standards and governance, including the monitoring of Risk Domains' (e.g., Market, Credit, Liquidity) adherence with the Firm's Global Data Quality Policy and Risk Data Aggregation Framework (based on the BCBS 239 regulatory standard). Risk Data seeks an Associate to join the New York based team that is focused on governing and reporting on adherence to data quality policies, procedures, and Framework. The team is also responsible for the regular maintenance of governance documents and processes.

Requirements

• Bachelor's degree or higher
• 3+ years of work experience in the financial services industry, preferably in data management, governance, and/or reporting
• Knowledge of implementation of risk management policies, frameworks, and procedures; BCBS 239 knowledge preferred
• Strong attention to detail, problem-solving skills, and ability to provide information in usable formats
• Ability to effectively communicate with a wide range of stakeholders, both written and verbally
• Self-motivated to develop expertise in risk management practice
• Ability to run meetings with multiple stakeholders and business areas
• Strong collaboration, relationship building and teamwork skills
• Proficiency in Microsoft Office programs (Word, Excel, PowerPoint)

Responsibilities

• Drive governance and reporting on adherence with the Global Data Quality Program and the Risk Data Aggregation Framework
• Develop and update FRM Divisional Data Office & RDA Framework related policies, procedures, governance processes, and reporting, as needed
• Support co-ordination, management and preparations for internal and external examinations, track and monitor audit deliverables
• Ensure key risks and issues are identified, documented, mitigated, and communicated to the appropriate stakeholders in a timely manner
• Prepare governance and reporting materials, including approval packages, for various senior management committees and forums

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees