Risk Data Senior Associate

Morgan Stanley • New York, NY

6h

About The Position

The role will reside within the Morgan Stanley Risk Data team within the Firm Risk Management (FRM) function. Risk Data is responsible for the development, management and promotion of data quality and data governance standards, and for monitoring the Risk Data Domains (e.g., Credit Risk, Market Risk and Liquidity Risk) to evidence compliance with internal data governance policies and procedures, and with the BCBS 239 Principles. Risk Data provides strategic partnership across FRM and firmwide divisions to enhance risk data management and governance. The team collaborates across FRM functional and data teams, including Risk Domains, Risk Reporting, divisional Technology teams, Data Quality Governance Councils (DQGCs), the Firmwide Data Office (FDO), the Data Governance Office (DGO), other Divisional Data Offices (DDOs) within Morgan Stanley and subject matter experts (SMEs), to oversee the management of data owned and/or consumed by FRM. The team is responsible for contributing and ensuring alignment to the Global Data Quality Policy and related standards, developing procedures to implement these policies within FRM, and reviewing proposed country, legal entity or risk domain-specific Risk Data policies or procedures to ensure congruency and alignment across FRM and with firmwide requirements. Risk Data seeks an Associate to support governance, reporting and coordination within the Risk Data team. The selected candidate will work closely with senior team members to support BCBS 239 implementation, data quality governance processes, and regulatory and audit deliverables. The role provides exposure to risk data management, regulatory standards, and firmwide data governance practices, with opportunities to develop expertise in risk management and data governance within a global financial institution.

Requirements

• Bachelor's degree or equivalent.
• 5+ years of experience in financial services, in risk management, data governance, data quality, regulatory change, or reporting roles (preferred)
• Experience implementing risk management policies, frameworks and procedures and knowledge of BCBS 239 (preferred).
• Strong analytical and problem solving skills.
• Strong organizational skills with an interest in working in a fast-paced environment, often balancing multiple high priority deliverables.
• Ability to communicate effectively with a wide range of stakeholders, both written and verbal.
• Ability to work independently in a self-directed way in a collaborative environment.
• Ability to manage multiple deliverables independently and meet tight deadlines.
• Attention to detail and ability to provide information in usable formats (proficiency in Microsoft office, including Excel, PowerPoint and Word).

Responsibilities

• Execute governance and reporting to support adherence with the Global Data Quality Policy and BCBS 239 framework across FRM.
• Develop, maintain, and enhance Risk Data documentation, including policies, procedures, governance materials, and reporting.
• Identify, document, and track data quality risks and issues, supporting remediation planning, and escalation processes.
• Prepare governance, reporting, and approval materials for senior management committees and forums.
• Coordinate inputs from Risk Domains, Technology teams, and governance partners to support data quality, lineage, and control initiatives.
• Support coordination, management and preparation for internal and external audits and regulatory examinations, including tracking and monitoring of action plans and deliverables.
• Contribute to continuous improvement of Risk Data processes, governance practices, and reporting capabilities.

Benefits

• Comprehensive employee benefits and perks in the industry
• Ample opportunity to move about the business for those who show passion and grit in their work.

What This Job Offers

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