U.S. Banks Business Risk New Product Approval and Product Change Management, AVP

Morgan Stanley is a global financial services firm that maintains significant market positions in each of its business segments Institutional Securities Wealth Management and Investment Management. Morgan Stanley through its subsidiaries and affiliates provides a wide variety of products and services to a large and diversified group of clients and customers including corporations governments financial institutions and individuals.

Our U.S. bank subsidiaries Morgan Stanley Bank N.A. (MSBNA) Morgan Stanley Private Bank National Association (MSPBNA) collectively (the U.S. Banks) accept deposits provide loans to a variety of customers including large corporate and institutional clients as well as high to ultra-high net worth individuals and invest in securities. Lending activity recorded in the U.S. Bank subsidiaries from the Institutional Securities business segment primarily includes secured lending facilities and commercial real estate loans. Lending activity recorded in the U.S. Bank Subsidiaries from the Wealth Management business segment primarily includes Securities-based lending which allows clients to borrow money against the value of qualifying securities and Residential real estate loans. Additionally the U.S. Bank subsidiaries with the Institutional Securities business segment have trading activities which include rates derivatives and FX.

The New Product Approval (NPA) evaluation and execution process and the Product Change Management Program (PCMP) are integral parts of the U.S. Banks risk governance frameworks to prudently manage the non-financial and financial risks associated with identifying documenting tracking escalating and reporting Business Unit initiatives to modify existing Bank products or to offer a brand-new product.

The U.S. Banks Business Risk New Product Approval (NPA) and Product Change Management (PCM) AVP will be responsible for the following:

Job Responsibilities:

• Provide analytical and documentation support for the 1LOD Business Risk Management NPA and PCM Quorum Member as well as provide support to the 1LOD NPA Risk Manager.

• Work with management and risk partners covering various Bank strategic initiatives and product change management due diligence which may include deep dive reviews of the end-to-end process being proposed by the Banks business units.

• Aid the business and proposers to understand the requirements from a risk perspective on operational readiness.

• Collaborate with the businesses and other stakeholders in the development of process flows to map inherent risks and their mitigating controls including updates to the Risk and Control Assessments (RCSA)

• Track and report on status of due diligence across all NPA and PCM proposals and across all Quorum Members.

• Facilitate conversations where there are interdependencies across quorum areas (e.g. Tech Ops Vendor Risk Privacy Info Sec Reg W Model Risk and Dual Officer programs).

• Conduct analysis to consider the impacts of the strategic initiatives from a thematic perspective to ensure appropriate considerations on risk impact and metrics including open issues and incidents.

• Collaborate with stakeholders across 1st and 2nd Lines to confirm comprehensive and consistent practices are followed to allow for a successful oversight program that proactively manages and assesses operational risk.

• Attend and participate in relevant management meetings and committees.

Qualifications:

• Minimum of 5 years of professional risk management experience in the financial services industry; preferably in a highly regulated environment.

• Experience in operations finance compliance or audit is a plus.

• Bachelors Degree in Finance Economics or Business Administration is preferred.

• Project Management expertise is a plus.

Required Skills:

• Ability to work in a fast-paced high-demand environment both independently and as part of a team under tight deadlines and with the ability to manage multiple priorities concurrently efficiently and effectively.

• Attention to detail strong analytical quantitative and problem-solving skills.

• Strong interpersonal verbal and written communication skills; capable of clear and concise writing making presentations to an internal audience and interacting positively with upper management colleagues and clients.

• Risk management experience including governance reporting policy procedure review audit/regulatory support.

• Strong project management organizational and reporting skills.

• Excellent verbal and written communication skills presentation skills and the ability to influence and interact with senior members of the Bank.

• Strong sense of ownership and accountability; is willing to be fungible and has an entrepreneurial spirit.

• Proficient use of Microsoft Office Suite of products including Excel Word and PowerPoint.

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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Expected base pay rates for the role will be between $85000 and $140000 per year at the commencement of employment. However base pay if hired will be determined on an individualized basis and is only part of the total compensation package which depending on the position may also include commission earnings incentive compensation discretionary bonuses other short and long-term incentive packages and other Morgan Stanley sponsored benefit programs.

Morgan Stanleys 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).