Job description

DESCRIPTION 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. Through timely, in-depth analysis of companies, industries, markets, and world economies, Morgan Stanley has earned its reputation as a leader in the field of investment research. Morgan Stanley Investment Research is one of the financial industry's dominant thought leaders in equity and fixed income investing. 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 ethics. Morgan Stanley can provide a superior foundation for building a professional career – a place for people to learn, achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture. Research Morgan Stanley Investment Research is uniquely committed to being an essential part of our clients' investment process. We strive to be the sell-side research provider that best understands the buy side. Through relevant and timely conversations with leading investors, we focus resources on risk-reward essentials: identifying the investor debates, assessing the potential outcomes, and uncovering the evidence our clients need to validate their investment decisions. Our equity analysts cover some 3,000 stocks; our economists, strategists and fixed income analysts cover all major regions and other asset classes around the globe. POSITION DESCRIPTION This role is a VP position within the Americas Research Risk Management team. This team is one of the teams that comprise the Global Research First Line Risk Management organization. The role will help Morgan Stanley Research deliver on its mission by strengthening governance structures, increasing efficiencies, and enhancing operational, conduct and reputational risk frameworks in a globally consistent manner. This team supports the execution of day-to-day risk functions and works with global colleagues to manage the successful resolution of risk issues. PRIMARY RESPONSIBILITIES • Supervising day to day risk controls related to the franchise, regulatory and operations of the research business unit • Monitoring existing control frameworks and improving or creating new control frameworks if none exist • Maintain the Risk team’s established policies and procedures, investigating and escalating exceptions to policies, and assisting with their resolution and incident reporting • Support in the ongoing development of a thematic incident risk assessment program • Leading projects related to the supervisory platform and the information security program • Assisting with audits and compliance assessments related to the coverage area • Work with global colleagues to manage the successful resolution of complex risk incidents and escalations, including root causes analysis of the issue, establishing the right escalation path and governance • Implementation of department ideas and initiatives through operational analysis, change management, and documentation with a focus on continuous improvement and global standardization • Building strong working relationships with the global members from associated control functions, such as Legal, Compliance, Technology and Publishing • Other Ad-hoc duties as required QUALIFICATIONS | SKILLS REQUIRED • Bachelor’s degree in Business, Finance, or other related fields • 5+ years of industry experience in a Legal, Compliance or Risk Management role Preferred; or Previous experience supporting an Operational Risk framework with a focus on incident management • Highly motivated self-starter with a collaborative attitude, team spirit, sensitivity to detail and accuracy • Effective summary level written and verbal communication experience with a high level of intellectual curiosity • Ability to work in a fast-paced environment, both independently and as part of a team while balance various initiatives and deadlines simultaneously • Proven track record for facilitating communication within and across functional groups • Comfortable working in a large organization and interfacing with a broad set of stakeholders across various functions globally • Strong problem solving/critical thinking skills with an appetite for technology and automation • Experience with Microsoft platforms, Zoom, Teams • Strong sense of ownership and accountability for commercial output, the control environment, and people development • Project management capabilities with a familiarity in Agile principles a plus, but not required • Familiarity with securities markets, investment research, and industry rules or regulations enforced by SEC and FINRA beneficial, but not required 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 that’s differentiated – and we’ve 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 - 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. To learn more about our offices across the globe, please copy and paste morganstanley.com into your browser. Expected base pay rates for the role will be between $140,000 and $250,000 per year for Associate, at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs. Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents. Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences. For more information, please visit : morganstanley.com .

Requirements

Must-haves

This team supports the execution of day-to-day risk functions and works with global colleagues to manage the successful resolution of risk issues.
Supervising day to day risk controls related to the franchise, regulatory and operations of the research business unit
Monitoring existing control frameworks and improving or creating new control frameworks if none exist
Maintain the Risk team’s established policies and procedures, investigating and escalating exceptions to policies, and assisting with their resolution and incident reporting
Support in the ongoing development of a thematic incident risk assessment program
Leading projects related to the supervisory platform and the information security program
Assisting with audits and compliance assessments related to the coverage area
Work with global colleagues to manage the successful resolution of complex risk incidents and escalations, including root causes analysis of the issue, establishing the right escalation path and governance
Implementation of department ideas and initiatives through operational analysis, change management, and documentation with a focus on continuous improvement and global standardization
Building strong working relationships with the global members from associated control functions, such as Legal, Compliance, Technology and Publishing
Other Ad-hoc duties as required
Bachelor’s degree in Business, Finance, or other related fields
Highly motivated self-starter with a collaborative attitude, team spirit, sensitivity to detail and accuracy
Effective summary level written and verbal communication experience with a high level of intellectual curiosity
Ability to work in a fast-paced environment, both independently and as part of a team while balance various initiatives and deadlines simultaneously
Proven track record for facilitating communication within and across functional groups
Comfortable working in a large organization and interfacing with a broad set of stakeholders across various functions globally
Strong problem solving/critical thinking skills with an appetite for technology and automation
Experience with Microsoft platforms, Zoom, Teams
Strong sense of ownership and accountability for commercial output, the control environment, and people development
Familiarity with securities markets, investment research, and industry rules or regulations enforced by SEC and FINRA beneficial, but not required
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Nice-to-haves

5+ years of industry experience in a Legal, Compliance or Risk Management role Preferred; or Previous experience supporting an Operational Risk framework with a focus on incident management
Project management capabilities with a familiarity in Agile principles a plus, but not required

Application prep

Use the role’s language and application details while tailoring your materials.

Keywords to mirror

agile

Platform: eightfold
Effort: medium