Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
Team Profile
The Field Operational Risk organization is a strategic change agent which builds trust-based relationships with Field Management, Products, and Business Support teams to improve our departmentontrol environment. We challenge the status-quo to uncover and realize efficiencies, accept accountability for persistent improvement, and leverage our broad spectrum of expertise to monitor and mitigate risk and detect unknown control gaps through a robust testing program.
Role: Assistant Vice President, Field Operational Risk (Baltimore, MD)
- Supervise team execution of wealth management operational risk activities across a wide range of functional areas, including: Field Management, Digital, Investment Solutions, Capital Markets, Strategy and Advisory Solutions, Infrastructure Risk, Investment Resources and Institutional Wealth Services
- Manage team resources and partner with key stakeholders (including business control units, control owners and operational risk leadership) to execute RCSA testing activities, including: defining test plans, executing testing, conducting test quality assurance, communicating test results and defining control remediation plans if/when control gaps are identified
- Monitor and report on business metrics to identify patterns, trends and areas where increased management attention is warranted and to ensure timely completion of strategic objectives
- Independently analyze Field Operational Risk team policies, procedures and common practices to continuously identify opportunities to improve team efficiency
- Develop and maintain Field Operational Risk team procedures, risk management tools and data repositories to facilitate efficient and effective activity execution
Qualifications Qualifications - At least five (5) years of financial services experience (preferably in wealth management or branch operations areas)
- Supervisory experience (must possess ability to communicate/inspire within the team)
- Strong project management skills with the ability to work independently (candidate should be self-motivated with strong analytical and problem-solving skills)
- Excellent oral and written communication skills, as the role involves interaction with senior business stakeholders, operational subject matter experts, firm and wealth management risk partners, compliance and audit functions
- Advanced working knowledge of Microsoft Excel, Word and PowerPoint (familiarity with MS Access is a strong plus)
- Bacheloregree
