Governance and Legal Entity Risk Management, VP

Morgan Stanley

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profile Job Location:

Hong Kong - Hong Kong

profile Monthly Salary: Not Disclosed
Posted on: 30+ days ago
Vacancies: 1 Vacancy

Job Summary

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking securities wealth management and investment management services. With offices in 42 countries the firms employees serve clients worldwide including corporations governments institutions and individuals. For further information about Morgan Stanley please visit .


Firm Risk Management (FRM)
FRM supports Morgan Stanley in achieving its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of financial risks including credit market liquidity and model risks.


Background on the Position
The role will reside within Firm Risk Managements Chief Operating Officer (COO) area which is a team that supports the Asia Chief Risk Officer (CRO) focusing on Regulatory Risk and Governance Climate Risk Stress Testing Data Risk Management Risk Reporting Operational Controls and administration responsibilities. This is a regional role primarily responsible for supporting the COO in legal entity management and governance to ensure that the FRM department can function effectively. This role may also be responsible for supporting other COO functions and adhoc projects. The COO team has dedicated resources and is based across multiple locations in Singapore Hong Kong & Tokyo and collaborates with the various risk stripes across the FRM department in Asia.

Key Responsibilities:

  • Enhance and implement the legal entities risk management frameworks

  • Lead deep dives into specific areas of focus based on Risk and Regulatory priorities

  • Drive interpretation of regulatory rules across different supervisory authorities including regulators by liaising with Compliance and Legal teams

  • Review existing and new regulatory guidelines and engage with risk stripes to perform gap analysis and necessary implementation of rules

  • Support the regional FRM teams in review and drafting of legal entity specific policies and procedures - Project management of areas focused on risk and regulatory priorities including regulatory inquiries and submissions

  • Lead operational reviews of the market risk policies and procedures including the continuous identification of process
    improvements efficiencies and meeting regulatory standards

  • Ensure timely compliance with internal and external deadlines in relation to regulatory reporting policies and stress testing

  • Engage with FRM teams in other regions to ensure alignment in practices

  • Participate in regional risk committees including oversight of materials actions and minutes

  • Undertake ad-hoc assignments in support of CRO and COO


Qualifications:

  • Bachelors degree or equivalent

  • Minimum 8-10 years of experience in handling similar responsibilities in a Financial Institution / Bank. Similar experience within the financial risk management function or audit function covering financial risk management would be an advantage

  • Solid PowerPoint and Excel skills

  • Able to collaborate with teams and stakeholders

  • Able to effectively communicate with a wide range of stakeholders both in written and verbally

  • Able to tackle new assignments and take initiatives

  • Strong attention to detail and able to distil technical information to produce concise and effective presentations

  • An interest in working in a fast-paced environment often balancing multiple deliverables FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views

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.

To learn more about our offices across the globe please copy and paste into your browser.

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.


Required Experience:

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Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking securities wealth management and investment management services. With offices in 42 countries the firms employees serve clients worldwide including corporations governments institutions...
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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

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