Risk and Controls Program Specialist

Non-Financial Risk Assessment and Controls Program

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 superior foundation for building a professional career - 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.

Legal and Compliance Division Overview

The professionals in the Legal and Compliance Division LCD provide a wide range of services to our business units. LCD is made up of the Legal Regulatory Relations and Non-Financial Risk departments which preserve the firms invaluable reputation for integrity and protect the firm from sanctions with policies and procedures that are designed to meet regulatory requirements around the world. We also strive to maintain cooperative relationships with governmental policy makers and the regulatory and self-regulatory agencies that govern the firms businesses.

The role is within the Non-Financial Risk Framework Department.
Non-Financial Risk is the risk of economic reputational regulatory financial reporting and client impact from failed or inadequate processes data or controls; from system changes failures disruption or other infrastructure and environmental factors; or from intentional or inadvertent actions of employees contingents or external parties.

The NFR Risk Assessments and Controls program team defines the framework and requirements including roles and responsibilities for the Firm-wide Non- Financial Risk Assessment and Controls Governance Programs. The team is the main point of coordination for the businesses and independent risk management teams in relation to these programs. The team monitors compliance with minimum standards provides guidance training and support throughout the execution addition the team co-ordinates completion of the independent risk management review & challenge process. To perform this role successfully a high level of interaction is required with business areas at all levels of the organization and internally across Operational Compliance and Financial Crimes risk.

This role specifically focusses supporting the Global program lead in the day to day management of the program as well as contributing to the definition and oversight of the strategic roadmap in partnership with divisions and support functions across the Firm.

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:

• Facilitating the completion of the Firms NFRA and Controls Governance program working closely with Business Unit and Infrastructure groups to support completion of their assessments including communicating procedure requirements.

• Define and facilitate independent quality assurance reviews of the NFRA and Controls working closely with Second Line Coverage teams across Operational Risk Financial Crimes and Compliance. This includes reporting and escalation of any issues identified and timely resolution of QA issues with the business;

• Support the development and enhancement of the NFRA and Control Governance policies procedures and related training program providing input and working with the relevant Second Line Coverage teams across Operational Risk Financial Crimes and Compliance and other NFR Framework teams as required;

• Analyze NFRA Controls and other Non - Financial Risk data to produce risk profile analysis for quality assurance senior management and governance forums;

• Collaborate with other work streams within Non - Financial Risk Framework e.g. Issues and Actions Scenario Analysis Key Controls and other NFR Team such as Data & Analytics Monitoring and Oversight Technology etc. as required for successful delivery of the NFRA and Control Governance Programs;

What youll bring to the role:

• At least 4 relevant years of financial services experience;

• Experience with core banking investment and trading products regulations and typologies;

• Strong risk process and control assessment and validation skills;

• A prior role within Non - Financial Risk Big Four consulting or internal audit covering risk process and controls is preferable;

• Strong technical understanding of the financial services regulatory environment with a focus on Non - Financial Risk;

• Strong communication analytic risk management and computing skills;

• Advanced Excel knowledge and Data analysis skills; experience working with large data sets including deconstructing data sets and/or their associated queries; knowledge of general IT controls; business analyst experience;

• An undergraduate degree (B.A. B.S. or equivalent) required

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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 - 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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Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement
Interested in flexible working opportunities Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds talents perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting developing and advancing individuals based on their skills and talents.