VP, Department Manager, P5, Core Services Job Level Vice President

Were seeking someone to join our team as the NA Lead of Risk & Control in Shared Services Banking Operations (SSBO) to provide oversight of risk functions on behalf of SSBO in NA.

One of the largest divisions in the Firm Operations is the first line of defense for Morgan Stanleys financial and reputational well-being and essential in delivering value. Operations is responsible for correctly settling and recording millions of transactions per day identifying and mitigating operational risk developing strong client relationships and partnering with technology to realize the full potential of IT and Automation. Operations has a premier team of creative and dedicated professionals with a unique vantage point interacting with all parts of the business. The Operations Senior Management team is passionate about our people development and providing top-notch employee opportunities through an inclusive forward-looking environment defined by open communication collaboration learning and dedicated career management.
This is a VP level position within the Shared Services Banking Operations Risk & Control team. The NA Lead of Risk and Control is responsible for the documentation measurement analysis and mitigation of operational risk. This will be accomplished through the oversight and execution of a range of activities such as process and control documentation and testing; ensuring supervisory procedures are in place; reviewing compliance with firm policies and regulatory expectations; analyzing key risk metrics; and documenting and executing remediation plans. The Co-Lead will generally perform these risk and control framework responsibilities in collaboration with functional process owners in operational areas across SSBO.

What you will do in this role:
- Hands-on experience with using quantitative (metrics) and qualitative tools (e.g. process narratives and flows) to assess areas of risk and identify risk mitigation options and shape the risk agenda.
- Experience applying risk management precepts such as separation of duties information security disciplines and supervisory reviews.
- Strong analytical skills including root cause analysis.
- Ability to communicate effectively and confidently across all levels.
- Good project and modelling skills to develop business process documentation and prepare management reports using PowerPoint.
- Collaboration and teamwork skills and experience including strong interpersonal skills to build cross-divisional relationships.
- Ability to deliver on plans complete next steps and resolve issues in a timely manner.

What youll bring to the role:

• College degree (BSc or BA) preferably in accounting economics finance statistics or related disciplines or equivalent.
• Broad understanding across multiple processes systems and markets in addition to detailed subject matter expertise of various key products/processes; as well as an understanding of the Firm operations market landscape relevant topics and development.
• Sound risk and control mindset and excellent judgement without compromising control; ability to priorities against competing demands and prioritization asks.
• Exceptional organizational and stakeholder management skills.
• Strong communication skills; ability to translate complex working processes workflows risk related analysis and impact into clear tailored communications across stakeholders; strong interpersonal skills to build cross-divisional relationships.
• Hands-on experience with using quantitative (metrics) and qualitative tools (e.g. process narratives and flows) to assess areas of risk and identify risk mitigation options and shape the risk agenda.
• Strong analytical skills including root cause analysis.
• Ability to deliver on plans complete next steps and resolve issues in a timely manner.
• Demonstrated experience applying risk management precepts such as separation of duties information security disciplines and supervisory reviews
• Role model that advocates for your team motivates and engages staff to achieve vision and inspire respect; supports and promotes the Firms vision and values.
• Proficiency in Excel Word PowerPoint.

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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Salary range for the position: $125000 - $185000 Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business units incentive compensation plan which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits including Medical Prescription Drug Dental Vision Health Savings Account Dependent Day Care Savings Account Life Insurance Disability and Other Insurance Plans Paid Time Off (including Sick Leave consistent with state and local law Parental Leave and 20 Vacation Days annually) 10 Paid Holidays 401(k) and Short/Long Term Disability in addition to other special perks reserved for our employees. Please visit to learn more about our benefit offerings.

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).