Vendor Risk, WM Risk, Director, Wealth Management

About Us:

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking securities investment management and wealth management services. The Firms employees serve clients worldwide including corporations governments and individuals from more than 1200 offices in 43 countries.

As a market leader 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.

Team Description:

The Wealth Management (WM) Chief Data Office (CDO) sits within the WM Risk organization and strives to find the right balance between risk management and business enablement. WM CDOs mission is to: prevent unauthorized access to or misuse of client sensitive data and assets; abide by relevant privacy laws and regulations; effectively retain retrieve and protect information and records; and mitigate risks caused by inaccurate untimely or incomplete WM data.

The Vendor Risk Team within WM CDO works to ensure third-party relationships supporting WM are subject to appropriate risk management oversight.

Role Description:

The WM Vendor Risk team is seeking an Assistant Vice President to support its efforts to ensure that vendor-related risks are inventoried measured and mitigated to the extent possible. This individual will oversee all engagement among Morgan Stanley risk assessment teams third-party suppliers and WM third-party service relationship managers. The ideal candidate will have fluency in cybersecurity and information security risks and controls and experience working with risk assessment teams and third-party service providers. This individual must possess strong interpersonal skills and the ability to explain complex technical risk gaps and controls in a clear and concise manner understood by both technical and non-technical audiences. This Assistant Vice President will also support the India Vendor Risk Team Lead in managing the broader Mumbai-based WM Vendor Risk team serving as a Subject Matter Expert (SME) and point of escalation.

Key responsibilities include but are not limited to:

• Reviewing and following up on the results of risk assessments conducted by due diligence and control groups escalating issues for remediation/resolution within Service-Level Agreements (SLAs)
• Facilitating the onboarding and due diligence process for new WM third-party relationships
• Supporting WM third-party relationship managers with end-to-end lifecycle management
• Developing and maintaining WM Vendor Risk desktop procedures and processes and creating and updating knowledge-sharing documentation
• Collaborating with SMEs across WM and Morgan Stanley to coordinate and manage strategic initiatives and day-to-day risk management tasks
• Assisting with recurring and ad hoc reporting of Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs)
• Assisting with the development of presentations for senior management and key stakeholders

Qualifications:

• Bachelors degree
• 5-10 years of relevant risk management experience
• Attention to detail strong analytical quantitative and investigative problem-solving abilities
• Managerial experience and a passion for nurturing and developing junior talent
• Strong organization and time-management skills with the ability to swiftly transition between projects and tasks
• Ability to work independently be self-motivated and possess a strong sense of accountability/ownership
• Excellent communication skills (verbal and written)
• Excellent MS Office skills (Excel PowerPoint Word)
• Ability to contribute to and collaborate with a global team

Preferred Qualifications:

• Knowledge of the financial services industry; preferably in wealth management finance operations or technology
• Prior experience with third-party relationship management
• Experience with content and project management tools including ProcessUnity Jira and ServiceNow
• Familiarity with visualization tools (e.g. Tableau Dataiku)

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 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.