Department Profile:Wealth Management Product Technology (WMPT) is a dynamic and fast-paced area within the Firm's WM Technology Division. We are responsible for creating innovative technology solutions for the Private Banking Group (PBG), one of the strategic growth areas of the Firm, providing cash management and lending products and services to our WM clients. This includes state-of-the-art technology for a nationwide network of Private Bankers and product specialists who work with Financial Advisors to provide access to products and services such as online banking, cards, deposit products, residential mortgages, securities-based loans and tailored lending. If you are an exceptional individual who is interested in solving complex problems and building sophisticated solutions in a dynamic team environment, WMPT is the place for you.Position Description:The position is for a Technology Risk Manager, focusing on support for Morgan Stanley's two U.S. Banks: Morgan Stanley Bank, National Association (MSBNA) and Morgan Stanley Private Bank, National Association (MSPBNA). These banks are independent national banks and wholly owned subsidiaries of Morgan Stanley. Because of their national bank charters and ability to attract stable insured deposits, the Banks represent valuable franchise-enhancing strategic assets to the Firm.The U.S. Banks Tech Risk & Governance team is responsible for supporting Bank business and growth by managing the provision of technology within a regulatory-compliant, risk-managed framework in a cost-effective manner. The team is seeking an experienced Technology Risk Manager to provide ongoing support and management of our US Banks Technology risk governance and reporting, inclusive of Board level reporting and oversight and coordination for all regulatory matters, and ongoing technology policy, standards and controls review and updates. This manager will also have ownership for management of our Technology Affiliate management, inclusive of measurement of affiliate service SLAs and metrics.Job Functions/Duties and Responsibilities:>As US Banks IT Risk Manager, support US Banks and its Business Units (BU) by providing governance and oversight of the technology services provided by the Firm.>Ensure that services are:o within regulatory complianceo according to established risk-management frameworkso in a cost effective and efficient manner>Contribute to the execution of US Bank the risk management initiatives such as Acquisition controls harmonization and Affiliate Management oversight>Contribute to the execution of Firm Technology the risk management initiatives such as Control Enhancement Program, Technology Risk Reduction Program (TRP)>Contribute to key regulatory and risk initiatives such as MRA remediation.>Track Bank-impacting technology risks and influence the prioritization of remediation activities.>Quarterly Risk Self-Assessment (RSA) Guidance - provide overview of the Banks' / BU Technology risk landscape incl. the reporting on remediation activities.>Control Governance - ensure that Control Governance activities are conducted in accordance with ORD's Framework.>Lead monthly, quarterly and annual US Banks Tech Risk & Governance reporting, metrics, and risk assessment outcomes, in alignment with the US Banks Risk Governance Framework and Firm Global Technology Risk framework and governance requirements.Skills Required:>15 + years of experience in a similar role in large bank, with practical knowledge of bank regulatory oversight>Sound understanding of risk assessment methodologies and industry technology risk management frameworks. Knowledge of related laws and regulations including OCC Heightened Standards for Large Banks, 12 CFR 30 Safety and Soundness Standards.>High level of attention to detail>Strong analytical skills with competence to solve problems independently and drive tasks to completion.>Strong communication skills with the ability to summarize complex information clearly for technical and non-technical audiences.>Show an appropriate level of judgment and maturity.Skills Desired:>Prior experience working in a large bank.>Strong project management skills>Demonstrated Tech Risk Management acumen>Industry certifications are a plus.Education:>Minimum bachelor's degree>CRISC, CISA, CISM, CISSP certifications a plus
