Risk COO (Risk Management) : Job Level - Analyst

Morgan StanleyNew York, NY
1d$75,000 - $95,000

About The Position

The role will reside within the Regulatory Risk Function that sits in Firm Risk Management's (FRM) Chief Operating Office function. The Regulatory Risk Function is at the nexus of risk stripes globally and has several responsibilities that help to manage the regulatory risk faced by the department. It is responsible for managing regulatory exams relating to the Firm's registered swap dealer entities and general tracking and reporting of progress against regulatory deliverables. Further, it coordinates advocacy and horizon-scanning efforts relating to new regulatory requirements and addresses associated business impact via self-assessments. Finally, it provides global risk governance and oversight of operational risk framework elements for FRM. The ideal candidate will possess a willingness to learn about risk management, U.S. regulations, operational risk frameworks, and is a natural communicator who possesses fine attention to detail. This position offers an excellent opportunity for growth, providing exposure to all areas within FRM, the Non-Financial Risk department and other divisions.

Requirements

  • Bachelor's or higher degree from a four-year accredited university
  • Experience performing and executing operational risk and control assessments
  • Comfort communicating with a wide range of stakeholders, both written and verbally
  • Strong attention to detail and ability to provide information in comprehensible formats
  • Inquisitive with a focus on information sharing
  • Ability to multitask and prioritize, and work under tight deadlines
  • Strong Microsoft office skills (PowerPoint, Excel, Word)

Responsibilities

  • Coordinate rule change management processes within FRM including the identification & communication of new / modified regulations and support related self-assessment processes
  • Contribute to regulatory exams / audits, remediation programs and general tracking and reporting of progress against deliverables
  • Support FRM's implementation and oversight of key Non-Financial Risk frameworks, broaden knowledge on requirements of the Firm's risk and control assessment frameworks, and contribute to major operational and governance initiatives
  • Manage governance committees / working groups, incl. compiling / vetting committee materials, recording minutes and tracking execution of action items
  • Broaden knowledge on compliance with regulatory and other business audit requirements / expectations
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