Risk And Control Associate Core Services
Job Summary
Were seeking someone to join our team as an Associate in Firmwide Operations division to oversee the Risk and control operations of core reconciliations. The specialist accomplishes this through internal risk metric reporting incident management InfoSec/system entitlement program and department/internal reviews of testing & audits.
In the Operations division we partner with business units across the Firm to support financial transactions devise and implement effective controls and develop client relationships. This is an Associate position within Core Services which is responsible for performing and managing product-agnostic and centralized operational services across several businesses and products.
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 youll do in the role:
Ensure all reconciliation processes are supported by documented current and compliant procedures
Drive improvements in control design and execution efficiency
Ensure alignment with regulatory requirements and internal policies
Collaborate with internal teams (Risk Finance Operations) and global stakeholders
Participate in risk forums / governance meetings and present issue summaries
Communicate key developments exceptions and risks proactively to management
Provide structured updates on BAU performance and project deliverables
Identify automation and process enhancement opportunities within reconciliations
Support transformation initiatives (e.g. system migrations control standardization)
Contribute to improving operating models efficiency and scalability of reconciliation processes
What youll bring to the role:
Strong analytical and problem-solving capability Strong Excel skills inclusive of large data management Pivots and formulas such as VLOOKUPs
High attention to detail with focus on accuracy and control discipline. Effective communication and stakeholder management skills
Strong time management and ability to work in high-pressure environments. Proactive mindset with ownership and accountability for outcomes
Understanding of operational risk and control frameworks. Ability to identify escalate and remediate control gaps
Experience in exception management root cause analysis and issue tracking. Focus on governance process discipline and regulatory compliance
Knowledge of financial products (Equities Fixed Income Commodities). Familiarity with reconciliation platforms / operational systems
Awareness of regulatory environments impacting client assets and reconciliations
Strong adherence to control framework and zero control breaches. Improved turnaround time for exception resolution
Enhanced quality and consistency of vendor deliverables Successful delivery of control enhancements and automation initiatives
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 thats differentiated and weve 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 - arent just beliefs they guide the decisions we make every day to do whats best for our clients communities and more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll 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. Theres also ample opportunity to move about the business for those who show passion and grit in their work.
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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.
Required Experience:
IC
About Company
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1, ... View more