Morgan Stanley logo

Wealth Management Operational Risk - Non-Financial Risk Assessment Assistant Vice President

Morgan StanleyBaltimore, Maryland

$80,000 - $115,000 / year

Automate your job search with Sonara.

Submit 10x as many applications with less effort than one manual application.1

Reclaim your time by letting our AI handle the grunt work of job searching.

We continuously scan millions of openings to find your top matches.

pay-wall

Overview

Schedule
Full-time
Career level
Executive
Remote
On-site
Compensation
$80,000-$115,000/year
Benefits
Health Insurance
Dental Insurance
Vision Insurance

Job Description

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. With offices in more than 41 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

This role will provide broad exposure to functions and business lines within Wealth Management. The primary focus will be on mitigating risk and improving the control environment in Wealth Management. Specific duties will include:

  • Assist in coordinating Non-Financial Risk Assessment (NFRA) activities across Wealth Management Business Units
  • Work closely with Business Risk group partners to ensure that operational risks are reported in a timely, accurate and thoughtful manner to appropriately inform residual risk profiles
  • Work closely with Operational Risk partners and Business Risk group partners to ensure the data quality of risks and controls are updated timely, in line with firm guidelines
  • Assist with metrics and analysis for senior management, which allows the ability to identify and track thematic operational risks
  • Perform analysis of NFRA and related Operational Risk data for quality assurance, and challenge the business on their risk profile
  • Partner closely with our control testing team, ensuring the outcome of testing feeds appropriately into the risk profile
  • Support ad-hoc projects to ensure appropriate solutions and/or analysis is delivered on-time and to a high level of quality

Required Qualifications:

  • Minimum 5 years of risk management experience within financial services, preferably within the Operational Risk Management discipline
  • Strong project management skills with the ability to work well within a team
  • Ability to build and maintain a network of contacts and coordinate with a large number of stakeholders
  • Solid interpersonal skills, including written and verbal communication
  • Strong organizational skills with the ability to multitask, prioritize and work under pressure and to tight deadlines
  • Strong analytical and problem solving skills (critical thinking ability)
  • Advanced knowledge of Microsoft Office suite, emphasis in Excel and PowerPoint
  • Bachelor’s degree

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.

Salary range for the position: $80,000 and $115,000 per year. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and X Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background.  Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.

Automate your job search with Sonara.

Submit 10x as many applications with less effort than one manual application.

pay-wall

FAQs About Wealth Management Operational Risk - Non-Financial Risk Assessment Assistant Vice President Jobs at Morgan Stanley

What is the work location for this position at Morgan Stanley?
This job at Morgan Stanley is located in Baltimore, Maryland, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Morgan Stanley?
Candidates can expect a pay range of $80,000 and $115,000 per year.
What employment applies to this position at Morgan Stanley?
Morgan Stanley lists this role as a Full-time position.
What experience level is required for this role at Morgan Stanley?
Morgan Stanley is looking for a candidate with "Executive" experience level.
What benefits are offered by Morgan Stanley for this role?
Morgan Stanley offers following benefits: Health Insurance, Dental Insurance, Vision Insurance, Disability Insurance, Life Insurance, Family/Dependent Health, Paid Holidays, Paid Vacation, Paid Sick Leave, Parental and Family Leave, and 401k Matching/Retirement Savings for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Morgan Stanley?
You can apply for this role at Morgan Stanley either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.