Capital Markets, Core Processing & Risk Management Director at Morgan Stanley

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

07 Apr, 26

Salary

133000.0

Posted On

07 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Operational Risk Management, Trade Support, Clearance, Settlement, Corporate Actions, Control Function, Compliance, Analytical Skills, Communication Skills, Organizational Skills, Team Collaboration, Problem Solving, Process Improvement, Attention to Detail, Project Management, Training

Industry

Financial Services

Description

- The Risk and Control Specialist is responsible for a broad range of operational risk management tasks supporting functional process owners in Capital Markets, Core Processing & Risk. Trade Support (e.g., Fixed Income, Equity, Syndicate, Structured Product, Futures, FX, Precious Metals, Options, Crypto, 24/5 Trading model support), Clearance, Settlement (e.g., DTC, International, FED, Stock Leading, Fail management & Buy Ins.) Asset Transfers (e.g., ACAT, DRS, DWAC, Physicals) Corporate Actions (e.g., Mandatory, Voluntary, Income & Dividend) Control function (e.g., Balance & Control, Possession or Control) Operational Risk Management functions include ensuring desktop procedure and supervisory procedures exist, conducting reviews to assess completion and performance of operations tasks, reviewing compliance with firm policies and regulatory expectations, facilitating Risk Assessments (iNFR-A), control design, business continuity, entitlement management, analyzing and reviewing operational risk incident (ORI), conducting independent monitoring, manage internal audits and compliance reviews, and analyzing key risk metrics. Additionally, the Risk team leads the coordination of external audits (e.g., SOC1, 10-K, FICCA) and internal Compliance exams. Strong organizational skills and attention to detail are required to manage multiple collection points, audiences, and fluctuating deadlines. Responsibilities may also include conducting process walkthrough meetings with Operations, designing test scripts, conducting testing, reporting results, and compiling reporting for management. - Serve as a subject matter expert within functional area, working with Team Manager to manage processes, risks and/or projects, proposing and implementing improvements/changes - Act as key problem solver for area or expertise, applying detailed knowledge to address unique or novel situations, recognize risks and draw out key issues - Coordinate work, train and develop other team members where required, including task allocation, and project contribution. - Ability to lead by example, work with drive and determination, and put forward challenging views to senior levels - Comprehensive knowledge and understanding of functional area and operational/compliance policies and procedures of their team - Ability to operate independently across the majority of day-to-day responsibilities - Culture carrier across Operations, embracing the Firm's core values and acting as a role model - Collaboration and teamwork skills and experience, including strong interpersonal skills - Organizational skills, with strong attention to detail, and the ability to manage multiple deadlines - Strong communication skills, both oral and written, including experience with business process documentation, and preparing management reports using PowerPoint and Excel - Strong analytical skills, including root cause analysis - College degree (BS or BA) - Power BI and Alteryx are a plus - At least 4 years' relevant experience would generally be expected to find the skills required for this role We do it in a way that's differentiated - and we've done that for 90 years. 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 $99,000.00 and $133,000.00 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term 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.

Responsibilities

The Risk and Control Specialist is responsible for operational risk management tasks supporting functional process owners in Capital Markets, Core Processing & Risk. Responsibilities include conducting reviews, facilitating risk assessments, and managing internal audits and compliance reviews.