WM Vendor Risk Associate

Morgan Stanley • New York, NY

4h • $58,000 - $115,000

About The Position

Facilitating the onboarding and due diligence process for new WM third-party relationships Reviewing and following up on the results of risk assessments conducted by due diligence and control groups, escalating issues for remediation/resolution within Service-Level Agreements (SLAs) Supporting WM third-party relationship managers with end-to-end lifecycle management Helping manage time-sensitive vendor-related incidents (e.g., data breaches), including tracking action items, preparing summaries for management, and coordinating post-incident “lessons learned” activities Developing and maintaining WM Vendor Risk desktop procedures and processes and creating and updating knowledge-sharing documentation Assisting with recurring and ad hoc reporting of Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs) Assisting with the development of presentations for senior management and key stakeholders Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser. Expected base pay rates for the role will be between $58,000 and $115,000 per year at the commencement of employment. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Requirements

• Bachelor's degree
• 3-5 years of relevant risk management experience
• Excellent communication skills (verbal and written)
• Attention to detail, strong analytical, quantitative, and investigative problem-solving abilities
• Strong organization and time-management skills, with the ability to swiftly transition between projects and tasks
• Ability to work independently, be self-motivated, and possess a strong sense of accountability/ownership
• Excellent MS Office skills (Excel, PowerPoint, Word)
• Ability to contribute to and collaborate with a global team
• Knowledge of the financial services industry; preferably in wealth management, finance, operations, or technology
• Prior experience with third-party relationship management
• Experience with content and project management tools, including ProcessUnity, Jira, and ServiceNow
• Familiarity with visualization tools (e.g., Tableau, Dataiku)

Responsibilities

• Facilitating the onboarding and due diligence process for new WM third-party relationships
• Reviewing and following up on the results of risk assessments conducted by due diligence and control groups, escalating issues for remediation/resolution within Service-Level Agreements (SLAs)
• Supporting WM third-party relationship managers with end-to-end lifecycle management
• Helping manage time-sensitive vendor-related incidents (e.g., data breaches), including tracking action items, preparing summaries for management, and coordinating post-incident “lessons learned” activities
• Developing and maintaining WM Vendor Risk desktop procedures and processes and creating and updating knowledge-sharing documentation
• Assisting with recurring and ad hoc reporting of Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs)
• Assisting with the development of presentations for senior management and key stakeholders

What This Job Offers

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