Finance Operational Risk Vice President
Job Level: Vice President
Tier: P4
We're seeking someone to join Finance Risk & Assurance (FinRia) team as a Vice President to focus on the Global co-ordination of the Finance RCSA working with the Firm's Operational Risk Division (ORD) and Finance Risk Leads, to deliver a systematic view of the division's operational risk and controls, enabling risk identification and remediation.
In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis and advisory services of the Firm's financial and capital resources. This is a Vice President level position within the Risk, Assurance, Governance & Control job family which provides oversight and monitoring of operational risk or third party/outsourcing for the global Finance division, validation and testing of financial and regulatory reports and reinforcement of regulatory requirements, policies and procedures.
Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
What You'll Do In The Role
* Collaborate with a varied group of colleagues in Finance and across the Firm
* Responsible for and lead a significant set of deliverables, leveraging advanced understanding of Finance functional area, product and/or client segment
* Proactively identify emerging risks in individual and department work and contribute to strategies for mitigating them
* Act as a role model and culture carrier; Embody and set an example of the Firm's values and hold yourself and others accountable to Firm standards
* Oversee the global coordination of the Finance RCSA programme, ensuring timely and accurate completion.
* Collaborate with Finance Risk Leads to ensure risk profiles are accurately reflected in firm-wide tools.
* Report to Senior Management on changes in the risk profile and planned remediation.
* Conduct quarterly quality assurance reviews of RCSA submissions.
* Co-ordinate the Finance Controls Working Group on enhancing the Finance controls population, including implementation of a quality assurance process for control information.
What You'll Bring To The Role
* Advanced understanding of Finance functional area, product and/or client segment and technical skills, as well as of industry and competitive environment
* Ability to provide positive and constructive - feedback and acknowledge efforts of team members
* Ability to articulate risk and impact to various audiences, and create plans to mitigate those risks
* Strong functional knowledge of operational risk, regulatory reporting awareness.
* Institutional knowledge, preferably within the Financial Services sector
* Organised and disciplined approach with ability to deliver in a high-paced environment and use multi-tasking to your advantage
* Ability to communicate, collaborate and manage relationships with multiple stakeholders of varying seniority across Finance and other divisions
* Critical thinking to challenge processes, solve for ad hoc queries and creativity to suggest alternative innovative approaches
* At least 6 years' relevant experience would generally be expected to find the skills required for this role
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 - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll 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. There's 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 t his 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.