Vice President, Operational Risk & Control (IED Finance) at Morgan Stanley

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

06 Mar, 26

Salary

185000.0

Posted On

06 Dec, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Operational Risk Management, Risk Assessment, Business Continuity Planning, Financial Analysis, Stakeholder Engagement, Leadership, Analytical Skills, Communication, Mentoring, Time Management, Microsoft Office, Power BI, Alteryx, Team Development, Problem Solving, Risk Reporting

Industry

Financial Services

Description

We're seeking someone to join our IED Risk team as a Product Controller in ISG Finance to steer operational risk management across the division. They will drive key initiatives such as Risk & Control Self-Assessment (RCSA), the capture of operational risk incidents, Business Continuity Planning (BCP), and the development and production of divisional reporting, metrics, and risk monitoring processes. In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis and advisory services of the Firm's financial and capital resources. This is a Vice President level position within our Product Controllers Job Family which specializes in ensuring adequacy of controls, profit and loss and balance sheet reporting and reconciliations for a segment / business / product area, as well as management reporting across business segments or cross functional end-to-end product oversight Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world. What you'll do in the role: > Collaborate with a varied group of colleagues in Finance and across the Firm > Responsible for and lead a significant set of deliverables, leveraging advanced understanding of Finance functional area, product and/or client segment > Proactively identify emerging risks in individual and department work and contribute to strategies for mitigating them > Act as a role model and culture carrier; Embody and set an example of the Firm's values and hold yourself and others accountable to Firm standards > Lead key risk processes across IED Finance's Product Control (GPC) functions including RCSA, business continuity, information security, and other compliance activities > Own and deliver high-impact initiatives, leveraging deep Finance expertise > Prepare risk reports and deliver actionable insights to senior stakeholders within IED Finance and across the firm > Assist in reporting of risk incidents within IED GPC and perform thematic analysis to identify trends and recommend solutions > Drive issue resolution and action planning within the Firm's risk inventory, with a focus on IED GPC's control processes and controls. > Identify areas of emerging non-financial risks and assist senior management in developing mitigation strategies > Maintain risk policies and procedures > Champion the firm's values and foster a culture of accountability > Manage, attract, develop and retain talent for team within Finance while creating an inclusive environment; translate Firmwide goals into actionable goals for department/function What you'll bring to the role: > Advanced understanding of Finance functional area, product and/or client segment and technical skills, as well as of industry and competitive environment > Ability to provide positive and constructive feedback and acknowledge efforts of team members > Ability to articulate risk and impact to various audiences, and create plans to mitigate those risks > Strong analytical skills and the ability to distil complex issues into clear insights > Excellent communication and stakeholder engagement abilities > Proven leadership and mentoring capabilities > Initiative, independence, and strong time management > Advanced proficiency in Microsoft Office, experience with tools like Power BI or Alteryx is a bonus > A collaborative mindset and a passion for continuous improvement > Holds a relevant degree or relevant professional qualification > At least 9 years' relevant experience would generally be expected to find the skills required for this role WHAT YOU CAN EXPECT FROM MORGAN STANLEY: We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. 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 $120,000 and $185,000 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 incentive packages, and other Morgan Stanley sponsored benefit programs. Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. 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. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).

Responsibilities

The Vice President will lead operational risk management initiatives, including Risk & Control Self-Assessment and business continuity planning. They will also prepare risk reports and deliver insights to senior stakeholders.