Wealth Management Operational Risk / Non-Financial Risk – Associate

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.

Wealth Management Operational Risk

Wealth Management Operational Risk team operates as the 1st Line of Defense and is responsible for overseeing the operational risk and control framework across the Wealth Management business. This team partners with key stakeholders throughout the organization to execute independent risk monitoring functions, support process and control improvement, provide tactical and strategic reporting, execute incident management protocols, facilitate issue and action plan management and coordinate new operational risk programs in partnership with the business as well as 2nd Line of Defense business partners.

Wealth Management Operational Risk Associate

This Associate role involves a broad range of responsibilities in a team environment. The role focuses on data analysis, risk monitoring for business growth trends and resulting risk stressors requiring management attention within the Wealth Management business. The Associate will also support business process improvements, remediation efforts, and issue tracking.

Key Responsibilities:

• Coordinate the collection and tracking of risk data across the Wealth Management organization
• Analyze trends and anomalies in growth metrics data against thresholds (e.g., evaluation of new product approvals and internal audit findings)
• Support project management efforts to track remediation plans and initiative progress
• Develop and maintain risk dashboards and management reporting tools
• Facilitate calibration and review of risk metrics and thresholds in alignment with risk appetite and strategic objectives
• Execute ad hoc analysis to ensure timely and high-quality risk insights and solutions
• Identify and recommend opportunities for process optimization and automation

Required Qualifications:

A successful candidate will be able to support a variety of operational risk management initiatives and must be able to manage changing priorities, make sound decisions, complete their assignments and proactively communicate where there are potential risks to the Firm. Attention to detail and accuracy is critical, given the executive audience for much of the team’s work. A candidate needs to be collaborative and able to build effective working relationships with all levels across the organization.

• Minimum 3 years of risk management experience within financial services, preferably within the Operational Risk, Non-Financial Risk, or Internal Audit discipline
• Strong organizational skills with the ability to multi-task, prioritize, work under pressure and to tight deadlines
• Project management skills with the ability to organize and track deliverables across multiple stakeholders
• Solid professional and interpersonal skills, including written and verbal communication
• Ability to work well within a team
• Ability to build / maintain a network of contacts, and coordinate with many stakeholders
• Proficient with Microsoft Office suite, emphasis in Excel, Tableau, Word, and PowerPoint
• Strong analytical and problem-solving skills (critical thinking ability)
• Bachelor’s degree required

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.

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).