E*TRADE Risk Officer

The Risk Officer is responsible for a wide variety of supervisory, compliance, and risk functions. In conjunction with the Senior Risk Officer, the Risk Officer has accountability for maintaining a consistent controlled environment through adherence to all applicable Federal, State and Local laws, Morgan Stanley Wealth Management policies, and other regulations. The Risk Officer keeps the Senior Risk Officer informed of significant matters. 

DUTIES and RESPONSIBILITIES:

Surveillance and Supervision

 Primarily responsibility for all risk, supervisory and compliance function for the business

 Facilitates any supervisory inquiry or process that requires escalation from the Senior Risk Officer or Senior business management

 Focuses on business ethics and regulatory and compliance practices

 Provides coaching and guidance on policies and procedures in order to promote risk awareness and a compliant environment

 Ensure proper procedures are in place to ensure that approvals are handled appropriately and timely

Risk Management/Compliance/Legal

 Monitors and implements procedures to manage all facets of risk, including data security

 Supports the facilitation of regular and consistent communication of Morgan Stanley Wealth Management policies and other regulations

 Liaises with the Legal and Compliance Division with customer complaints and litigation

 Together with the Management, Site Leaders and Senior Risk Officer, ensures appropriate supervisory coverage is maintained at all times

 Oversees responsibilities outlined in the E*TRADE Supervisory Manual, as well as new policies to ensure the Market has appropriate procedures in place

 Supports in the preparation for and response to audits, and ensures that any audit findings are appropriately responded to and remediated

 Works with Management, Site Leaders and Senior Risk Officer to monitor people risk, and ensures appropriate action is taken

 Together with the Senior Risk Officer, facilitates the training on Morgan Stanley Wealth Management Compliance policies and procedures to service colleagues

 Assists in the review and onboarding of all new employees in the location

Qualifications

Education and/or Experience

• Bachelor’s degree required or equivalent education or experience
• Previous industry experience
• Active Series 7, 8 (or 9 and 10), and 63, 65 (or 66)
• Other licenses as required for role or by management 

Knowledge/Skills

• Knowledge of SEC, FINRA and Firm Compliance Policies and Procedures
• Effective written and verbal communication skills
• Strong attention to detail
• Ability to prioritize and resolve complex problems and escalate as necessary
• Ability to identify issues and trends in order to anticipate change and provide recommended comprehensive solutions and remedies
• Evidence of strong leadership capabilities or previous supervisory experience
• Ability to organize and prioritize workflow and assignments in a deadline-oriented environment
• Ability to interact with Relationship Managers and business leadership
• Excellent judgment and the ability to be discreet in all matters
• Strong work ethic

Reports to:

• Senior Complex Risk Officer

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. 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. 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.

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).