Executive Director, EMEA Head Business Disruption and Resilience
Job details
Job description, work day and responsibilities
There is a need to drive evolution and transparency of the underlying frameworks managing BDR risk and regulatory compliance, support adoption of industry leading practices and technologies, and introduce new controls and processes to bolster the existing frameworks. The individual will play a critical strategic role in driving risk management and compliance activities, which will include work on regulatory interpretation and rule mapping to framework, risk metrics, deep dives and analyses, concentration and risk assessments. The individual will also support adoption of these risk management activities within the framework, standards, methodology, while driving day-to-day oversight of these risks across the Firm's business units and support functions.
Primary Responsibilities
Manage BDR and third party risk and regulatory identification, measurement, and escalation in support of senior EMEA and firm leadership
Help adopt Firmwide risk appetite and tolerances for losses and incidents caused by the Firm's use of third parties or through business disruption involving Firm assets and monitor and report performance against established tolerance levels
Provide regional modifications to Firm framework considering local regulatory and senior management expectations
Contribute to regulatory compliance mapping against policies and procedures, acting as regional subject matter expert and maintain change management process for new and emerging regulations
Oversee first line outsourcing program and advise and challenge regulatory compliance
Develop regional presentations for executive management, senior risk managers and regulators, including helping to prepare reporting to boards and risk committees
Lead reviews and challenge other reviews of material operational risk events and analyses of thematic operational risks stemming from third parties or BDR
Collaborate with 2LOD partners to establish appropriate metrics and analytical tools to support the measurement of risks
Lead and manage scenario analyses activities where significant and emerging risks are assessed
Oversee risk assessments performing critical analysis as necessary and monitor data used to identify heightened risk and help develop risk remediation requirements
Work closely with second line regional and firm counterparts and leads of other risk areas, such at Cyber to ensure alignment of strategic risk management initiatives
Partner with the first line programs and Business Units to develop a perspective on BDR and third party risks and ensure consideration of evolving regulatory expectations
Work collaboratively in a high performing global team responsible for identifying, assessing, reporting, and capturing risk information
Build solid relationships across divisions and control groups
Experience Required
An undergraduate degree (B.A., B.S., or equivalent) required
Ten or more years of relevant Financial Services risk management experience; exposure to sourcing / procurement, supply chain risk management preferable
Solid understanding of third party and BDR related regulations and industry frameworks, especially relating to operational risk management
Strong knowledge of business disruption controls, including continuity planning, system and data recovery
Strong risk, process, and control validation and/or assessment skills - a prior role within consulting, second line or internal audit covering risk processes is desirable
Comparable experience in supply chain or BDR risk management within non-Financial Services will also be considered, for example aviation, automotive, e-commerce, government, manufacturing
Familiarity with relevant Banking, Financial Holding Company and securities regulations
Ability to work on challenging assignments in a dynamic environment, synthesize information, distill relevant facts and reach logical conclusions
Demonstrated ability to: prioritize competing responsibilities, work under pressure, meet challenging deadlines and can build and maintain effective business relationships
Ability to work in a team environment, building and maintain a network of contacts and coordinating with many stakeholders
Proven ability to anticipate and identify risks and identify effective mitigation
Strong analytical and problem-solving skills
Solid understanding of technology related regulations and industry frameworks, especially relating to operational risk management
Strong organization skills with the ability to multitask and prioritize; ability to work under pressure and to tight deadlines
Excellent communication skills, both verbal and written; ability to present ideas concisely and persuasively with tailoring to technical and non-technical audiences
Proficient in MS Office applications (e.g., Word, Excel, PowerPoint)
Morgan Stanley is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views.
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Offer ID: #1246252,
Published: 19 hours ago,
Company registered: 1 month ago