Risk and Control Self-Assessment Senior Associate (RCSA) at Morgan Stanley

Budapest, Central Hungary, Hungary -

Full Time

Start Date

Immediate

Expiry Date

30 Jan, 26

Salary

0.0

Posted On

01 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Analysis, Policy Development, Quality Assurance, Collaboration, Data Analysis, Communication, Analytical Skills, Process Assessment, Control Assessment, Regulatory Compliance, IT Controls, Data Handling, Financial Services, Operational Risk, Financial Crimes, Compliance

Industry

Financial Services

Description

Risk Profile Analysis: Analyze NFRA, Controls, and other Non-Financial Risk data to produce comprehensive risk profile analyses. These analyses should be used for quality assurance, senior management, and governance forums. Policy and Procedure Development: Support the development and enhancement of NFRA and Control Governance policies and procedures. Work with relevant Second Line Coverage teams and other NFR Framework teams to provide input and ensure alignment. Independent Quality Assurance Reviews: Define and facilitate these reviews by collaborating with Second Line Coverage teams across Operational Risk, Financial Crimes, and Compliance. Ensure that any issues identified are reported, escalated, and resolved promptly with the business. Collaboration Across Work Streams: Collaborate with other work streams within the Non-Financial Risk Framework, such as Issues and Actions, Scenario Analysis, Key Controls, and other NFR Teams like Data & Analytics, Monitoring and Oversight, and Technology. This collaboration is crucial for the successful delivery of the NFRA and Control Governance Programs. Experience: At least six years of relevant experience in financial services, with consideration given to those with Big 4 or risk consulting backgrounds. This experience should include familiarity with core banking, investment, and trading products, as well as an understanding of regulations and typologies. Risk and Control Skills: Strong skills in risk, process, and control assessment and validation are essential. The candidate should have a robust technical understanding of the financial services regulatory environment, particularly in compliance risk. Communication and Analytical Skills: Excellent communication, analytical, and risk management skills are required. The candidate should also have strong computing skills, with advanced knowledge of Excel and data analysis. Data Handling: Experience working with large data sets is important, including the ability to deconstruct data sets and understand their associated queries. Knowledge of general IT controls and business analyst experience is also beneficial. Education: An undergraduate degree (B.A., B.S., or equivalent) is required. LI-HYBRID #LI-RV1 #BPGC 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. If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks. Flexible work statement Interested in flexible working opportunities? Speak to our recruitment team to find out more. 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 analyzing non-financial risk data to produce comprehensive risk profile analyses and supporting the development of governance policies and procedures. Additionally, it includes defining and facilitating independent quality assurance reviews and collaborating across various work streams within the Non-Financial Risk Framework.