Operational Risk - Control Testing, WM Risk, Director, Wealth Management at Morgan Stanley

Mumbai, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

16 Feb, 26

Salary

0.0

Posted On

18 Nov, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Management, Control Testing, Wealth Management, Consulting, Audit, Analytical Skills, Project Management, Communication Skills, Training Development, Incident Reporting, Financial Products, Coaching, Data Analysis, Process Improvement, Stakeholder Engagement, Matrixed Environment

Industry

Financial Services

Description

Work closely with Business Control groups and the incident reporting team to ensure all required reporting components are effectively captured (i.e. taxonomy, impact type, complete description details, root cause, etc.) Ensure that risks identified as part of an incident review have been effectively evaluated and elated control and residual risk ratings within the RCSA have been assessed. Support ad-hoc Bank management initiatives in collaboration with second and third lines of defense Assist with the evaluation of tactical and strategic remediation plans and create action plans as needed Ensure staff receive appropriate training & development, assist in developing training plans & provide coaching where necessary Contribute to the performance of Lessons Learned reviews of processes, risks and controls residing within various product and business areas to ensure that controls are adequately designed and are operating effectively Assist with regular incident metrics and analysis for Senior Management, which allows for visibility into incident volumes, distribution by WM divisions, and incident impacts. Assist with training events and presentations with regards to changes to procedures, tools, new processes, etc. Execute on ad hoc projects by ensuring on time delivery and the proper level of quality 7+ years of Consulting, Risk management, Audit and control testing experience. Strong familiarity with Wealth Management businesses and functions, as well as the financial services industry. Solid written and verbal communication skills, with the ability to work with senior stakeholders. Strong analytical skills. Must take a data and facts-based approach to problem solving. Strong project management skills with the ability to multitask, prioritize, work under pressure, and meet tight deadlines. Advanced knowledge of Microsoft Office suite, emphasis on Excel and PowerPoint. Bachelor's degree Wealth Management Business awareness Supervisory experience and used to working in a matrixed environment Financial product familiarity (Equities, Bonds, Options, ETFs) would be a plus 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. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.

Responsibilities

The role involves working closely with Business Control groups to ensure effective incident reporting and risk evaluation. Additionally, it includes supporting management initiatives and contributing to training and development efforts.