PWM Risk, Vice President

Morgan Stanley•Purchase, NY

About The Position

The Risk Position within Private Wealth Management (“PWM”) will support the identification, assessment, monitoring, and mitigation of risk across PWM business activities while helping promote a strong risk and control environment. This role will partner with business leaders, Private Wealth Advisors/ Financial Advisors, client service teams, control partners, and stakeholders across PWM client segments to understand business-specific risks, support consistent risk management practices, and align controls, reporting, and escalation processes across the broader PWM platform. The individual will evaluate business processes, review risk indicators, support issue escalation, and help ensure adherence to applicable policies, procedures, and regulatory expectations. Responsibilities will also include leading risk-related audit activities, including preparation of materials, stakeholder coordination, documentation of key processes and controls, support during audit fieldwork, follow-ups, and remediation tracking. The successful candidate will bring strong judgment, analytical capability, attention to detail, and the ability to communicate risk matters clearly across all levels of the organization. The role requires integrity, discretion, and a proactive mindset, including the ability to identify emerging risks, strengthen control processes, and pursue opportunities to automate manual risk, control, reporting, and monitoring processes to improve efficiency, consistency, transparency, and scalability across PWM.

Requirements

Series 7 and Series 63 or 66 upon 180 days of hire
7+ years’ experience in financial services, wealth management and risk related fields
Bachelor’s degree required
Strong understanding of investment products across all asset classes
Outstanding team working, relationship building, and cross-collaboration skills
Excellent organization and prioritization skills
High level of attention to detail, with excellent written and verbal communication skills
A track record of success and a demonstrated ability to exercise good judgment and discretion
Strong written and verbal communication skills.
Excellent organizational skills and attention to detail.
Ability to work independently while also contributing effectively in a team environment.
Strong problem-solving and analytical capabilities.
Professional presence and ability to interact with stakeholders at various levels.
Ability to manage sensitive information with discretion and integrity.
Proficiency with Microsoft Office applications, including Outlook, Excel, Word, and PowerPoint.
Ability to utilize AI tools.
Ability to adapt to changing priorities and remain composed under pressure.
Strong follow-through, accountability, and commitment to high-quality execution.

Nice To Haves

MBA highly preferred
Experience with Ultra High-Net Worth clients/ working within a Family Office highly preferred.

Responsibilities

Support the identification, assessment, monitoring, and mitigation of risk across PWM business activities.
Help promote a strong risk and control environment.
Partner with business leaders, Private Wealth Advisors/ Financial Advisors, client service teams, control partners, and stakeholders across PWM client segments to understand business-specific risks.
Support consistent risk management practices.
Align controls, reporting, and escalation processes across the broader PWM platform.
Evaluate business processes.
Review risk indicators.
Support issue escalation.
Help ensure adherence to applicable policies, procedures, and regulatory expectations.
Lead risk-related audit activities, including preparation of materials, stakeholder coordination, documentation of key processes and controls, support during audit fieldwork, follow-ups, and remediation tracking.
Identify emerging risks.
Strengthen control processes.
Pursue opportunities to automate manual risk, control, reporting, and monitoring processes to improve efficiency, consistency, transparency, and scalability across PWM.