Operational Risk – Business Resilience AVP

Morgan Stanley Wealth Management (WM) Operational Risk:
The Morgan Stanley Wealth Management Operational Risk group 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 Firm Operational Risk Management.

Role Description
Morgan Stanley is seeking a motivated and detail-oriented Associate to join the Wealth Management Business Resilience team in our Budapest office supporting the firms global operational risk and resilience framework. As part of an expanding team this individual will play a key role in identifying business stability risks supporting scenario testing and partnering with business and technology stakeholders to enhance continuity and recovery.
This is an excellent opportunity for someone eager to gain exposure to operational resilience across critical financial services platforms while contributing to a high impact global risk function.

This role will help execute the vision for achieving an appropriately resilient business. This individual will build strong relationships with business partners technology owners operations teams and suppliers. They will partner with relevant teams to ensure compliance with Firm requirements and standards and enhance the Wealth Management specific framework. They will assist with efforts to ensure stability risks to critical business functions are documented and mitigated. A successful candidate will demonstrate strong risk management judgment and expertise working with critical infrastructure and systems.

Primary Responsibilities

• Build strong relationships with key stakeholders and partners across the Firm.

• Support identification socialization and tracking of technology and business stability risks.

• Assist in the analysis of infrastructure and operational outages; help assess potential business impact

• Document and interpret resilience test scenarios and results both technical and business focused.

• Collaborate with subject matter experts to ensure that resilience priorities are addressed and incorporated into plans.

• Maintain a working knowledge of the Firms business resilience strategy and identify opportunities for improvement and innovation.

Skills and Requirements

• 3 years of relevant experience in operational risk business continuity or technology risk preferably within wealth management banking or brokerage environments

• Ability to thrive in a global fast-paced and matrixed organization

• Familiarity with financial services technologies and infrastructure

• Strong analytical and critical thinking skills including the ability to assess risks and identify controls

• Excellent communication and interpersonal skills with the ability to influence and collaborate with stakeholders across regions

• Proactive detail-oriented and solutions-driven mindset

• Proficiency in Microsoft Office products suite (Word Excel PowerPoint etc.)

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.