Process Risk & Control - Investment Management - Associate

Morgan Stanley • New York, NY

74d • $105,000 - $115,000

About The Position

Morgan Stanley Investment Management ('MSIM'), together with its investment advisory affiliates, has more than 1,300 investment professionals around the world and $1.5 trillion in assets under management or supervision as of December 31, 2023. Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service, and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide. Investment Management's Global Risk & Analysis department has an open position for a Process, Risk and Controls (PRC) professional at the Senior Associate level based in New York or Boston. The position will report into an Executive Director of Risk and will interface with business partners in both the private and public sides of the business.

Requirements

• Undergraduate degree in business, engineering, finance, economics or other disciplines demonstrating both quantitative and qualitative analytical skills.
• Strong project management, organization and time management skills
• Strong and effective verbal & written communication skills
• Good analytical and technical skills including proficiency with Excel, Visio, and other end user computing tools, process mapping experience a plus.
• 3+ years of financial services experience is a plus.
• Some experience in business analysis or data analysis, process improvements, internal audit, regulatory projects, cyber & information security or technology integration is a plus

Responsibilities

• Assist with the risk and issue driven deep dive reviews to identify root causes as well as the identification of risks, controls, risk responses, and opportunities for enhancements including control optimizations.
• Perform post-PRC effort operational effectiveness such as analyzing self-assessments results and performing testing & monitoring activities.
• Assist in preparing, coordinating, and presenting key PRC initiatives and updates to varying levels of management including executives.
• Assist in updating the Risk & Controls Self-Assessments as well as the creation and maintenance of issues and action plans in the respective Morgan Stanley systems.
• Assist in building out the PRC framework as well as developing project roadmaps.
• Assist in the development of consistent standards of risk and control documentation, including diagrams/flowcharts, within MSIM and enhance risk and control reporting.
• Involvement in other projects and duties assigned

Benefits

• Comprehensive employee benefits and perks
• Opportunities for career advancement within the company
• Support for employees and their families at every point along their work-life journey

What This Job Offers

• Career Level: Mid Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees