MSIM Operations Risk - Director (AVP)

Morgan Stanley•New York, NY

3d•$120,000 - $172,000

About The Position

We're seeking someone to join our team as a Director in the MSIM Operations Risk team to support the MSIM Operations line teams through the identification, assessment, remediation, reporting, mitigation and governance of risk. The team is also involved in internal and external audit facilitations, end-user entitlements reviews, independent assessments, business continuity planning, managing regulatory risks, risk education, vendor management, and awareness and embedding a culture of risk management The New York team is directly responsible for North America Operational risk, with involvement and oversight of global initiatives. The position is directly responsible for evaluating the proposed new environment through a strong focus on control design while simultaneously considering automation opportunities. 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 an Advanced Specialist position at Director level within Risk, Regulatory & Resilience, which performs various independent functions to ensure adequate controls are in place. We do this by providing an integrated risk and control framework to govern, assess, mitigate and manage financial and operational risk in Operations. Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals. Interested in joining a team that's eager to create, innovate and make an impact on the world? Read on...

Requirements

Front-to-back knowledge of the processes, projects, systems, markets and instruments that influence their team with a comprehensive understanding of job-related operational/compliance policies and procedures
Ability to think commercially, understand the impact of initiatives, risks on the operational budget
Culture carrier and role model, representing and leading the Firm's core values to influence and motivate those around you
A Risk Manager with minimum 4 years of operational risk experience
Ability to lead and drive initiatives independently
Strong presentation skills and an ability to report to and manage senior stakeholders
Able to design effective preventative and detective controls
Strong attention to detail, quality and accuracy
Experience with process reengineering
An ability to 'think outside the box' and look for creative solutions
Ability to work effectively in a team-oriented environment
Proven record of collaborating with colleagues across geographic and functional boundaries
Strong drive for continuous improvement
Able to independently test controls to identify potential areas of weakness

Responsibilities

Manage complex processes and/or support significant process management/project efforts
Lead in process improvement, project management or technology development and testing across multiple teams and/or divisions
Analyze and expose ambiguous, complex issues or non-standard issues, identify risks, root causes and propose future actions, tracking through to resolution
Build and manage relationships with business unit partners, other Morgan Stanley infrastructure departments, and external contact points in Client or Market organizations
Partner closely with project leads and senior project stakeholders - reporting to the Global Head of Operational Risk.
Operations Risk Management - risk identification, assessment, monitoring, tracking, reporting and mitigation through this project based role
Identify automation opportunities and reduce manual processes
Process design review through controls lens
Balance multiple workstreams simultaneously/anticipate challenges/deliver strong results
Other related duties as assigned