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 1,200 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.MS Wealth Management (MSWM) Operational Risk:Morgan Stanley Wealth Management Operational Risk group is responsible for overseeing the operational risk and control framework within the Wealth Management business unit. This team partners with the Business Risk and Control groups throughout the organization to implement control processes and procedures, report operational losses and reporting, manage audits and exams with Compliance and Internal Audit, organize the annual Risk and Control Self-Assessment, and coordinate new operational risk programs in partnership with the business as well as Firm Operational Risk Management.This role will provide broad exposure to all functions and business lines within Wealth Management. The main responsibilities of this role will be to focus on governing the Wealth Management Business' Policies & Procedures. The responsibilities of the role are a combination of business-as-usual processes, as well as discrete projects that are strategic in nature.Specific duties within the WM Operational risk team will include:Work closely with senior WM Business & Risk stakeholders to conduct gap analysis to identify need for new or enhanced Policies & Procedures, to facilitate appropriate Business Governance & Operational ResilienceExecute strategic projects to improve integration of WM Policies & Procedures into Operational Risk and Business Governance Frameworks – like Risk & Control Self-Assessment, Incident Management, Lessons Learned, Process Inventory etc.Drive consistency and business process-based views in WM ProceduresIdentify Policies & Procedures redundancies and consolidation opportunities across WM.Monitor Industry wide Regulatory or Business-specific changes (For e.g.: Rollout of RegBI, Business Unit Re-alignment) to identify holistic impact to WM Policies & Procedures, and centrally manage updates.Contribute to the performance of Lessons Learned & Deep Dives reviews to help develop the holistic Business Process Risk Profile to facilitate wholesome risk assessments and provide transparency into current operations.Coordinate with Firm Risk Management to drive Firm-wide enhancements within WM.Assist with regular Policies & Procedures metrics and analysis for Senior Management, which allows for visibility into volumes, distribution by WM divisions, and gaps.Attain subject matter expertise with the Firm's Policy & Procedure governance tools and aid with training, as needed.Execute on ad hoc projects by ensuring on time delivery and the proper level of quality.#LI-AJ1Required Qualifications:5+ years of Consulting or Operational Risk management experience.Strong familiarity with Wealth Management businesses and functions, as well as the financial services industry.Solid written and verbal communication skills, with the ability to work with senior stakeholders.Strong analytical skills. Must take a data and facts-based approach to problem solving.Strong project management skills with the ability to multitask, prioritize, work under pressure, and meet tight deadlines.Advanced knowledge of Microsoft Office suite, emphasis on Excel and PowerPoint.Bachelor's degreeDesired Qualifications:Supervisory experience and used to working in a matrixed environmentFinancial product & Markets familiarity would be a plus.Six Sigma certifiedMorgan Stanley's 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).#LI-AJ1
