Job Description
Morgan Stanley is a global financial services firm that maintains significant market positions in each of its business segments: Institutional Securities (ISG), Wealth Management (WM), and Investment Management (IM). Through its subsidiaries and affiliates, Morgan Stanley provides a wide variety of products and services to a large and diversified group of clients and customers, including corporations, governments, financial institutions, and individuals.
The U.S. Banks (“MSPBNA & MSBNA”) provides cash management and lending products and services to WM and ISG clients. The U.S. Banks Incident & Fraud Risk Management Team is seeking an Assistant Vice President (“AVP”) who will report to the U.S. Banks Incident Management Officer and will be responsible for owning first line of defense risk management activities related to incident management. This role will directly support and interact with the Banks’ business lines and will engage with shared service organizations that provide services to the Banks.
Key Responsibilities
• Maintain metrics and reporting for senior management, committee presentations, and regulators.Perform incident analysis to facilitate transparency on operational risks impacting the Banks.
• Support Bank Risk governance forums and working groups through providing metrics and insight on key operational risk areas.
• Support First Line Bank Business Risk team to maintain and report compliance with Bank Incident Management policy.
• Perform incident analysis to identify and confirm incidents applicable to the Banks and support First Line Bank Business Risk team to perform quality assurance review.
• Collaborate with stakeholders and across all three lines of defense to confirm comprehensive and consistent practices are followed to allow for a successful oversight program that proactively manages and assesses operational risk.
Qualifications/Skills Required
• Bachelor’s degree in business management, finance, or other related field.
• Minimum 6-9 years of professional experience in financial services industry; preferably in operational risk management, internal audit, compliance, or operations.
• Demonstrate an understanding of various risk management frameworks and requirements.
• Ability to work in a fast-paced, high-demand environment, both independently and as part of a team, under tight deadlines and with the ability to manage multiple priorities concurrently, efficiently, and effectively.
• Attention to detail, strong analytical, quantitative, and investigative problem-solving abilities; with the ability to make actionable recommendations.
• Strong interpersonal, verbal, and written communication skills; capable of writing documentation, training users in complex topics, making presentations to an internal audience, and interacting positively with management, colleagues, and clients.
• Proficiency with data analytic platforms, specifically Tableau.
• Strong proficiency with Microsoft Office products, specifically Excel and PowerPoint.
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.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
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.
The U.S. Banks (“MSPBNA & MSBNA”) provides cash management and lending products and services to WM and ISG clients. The U.S. Banks Incident & Fraud Risk Management Team is seeking an Assistant Vice President (“AVP”) who will report to the U.S. Banks Incident Management Officer and will be responsible for owning first line of defense risk management activities related to incident management. This role will directly support and interact with the Banks’ business lines and will engage with shared service organizations that provide services to the Banks.
Key Responsibilities
• Maintain metrics and reporting for senior management, committee presentations, and regulators.Perform incident analysis to facilitate transparency on operational risks impacting the Banks.
• Support Bank Risk governance forums and working groups through providing metrics and insight on key operational risk areas.
• Support First Line Bank Business Risk team to maintain and report compliance with Bank Incident Management policy.
• Perform incident analysis to identify and confirm incidents applicable to the Banks and support First Line Bank Business Risk team to perform quality assurance review.
• Collaborate with stakeholders and across all three lines of defense to confirm comprehensive and consistent practices are followed to allow for a successful oversight program that proactively manages and assesses operational risk.
Qualifications/Skills Required
• Bachelor’s degree in business management, finance, or other related field.
• Minimum 6-9 years of professional experience in financial services industry; preferably in operational risk management, internal audit, compliance, or operations.
• Demonstrate an understanding of various risk management frameworks and requirements.
• Ability to work in a fast-paced, high-demand environment, both independently and as part of a team, under tight deadlines and with the ability to manage multiple priorities concurrently, efficiently, and effectively.
• Attention to detail, strong analytical, quantitative, and investigative problem-solving abilities; with the ability to make actionable recommendations.
• Strong interpersonal, verbal, and written communication skills; capable of writing documentation, training users in complex topics, making presentations to an internal audience, and interacting positively with management, colleagues, and clients.
• Proficiency with data analytic platforms, specifically Tableau.
• Strong proficiency with Microsoft Office products, specifically Excel and PowerPoint.
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.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
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.
💡 Quick Summary
Seeking a career-building opportunity? The Operational Risk – Fraud & Incident Mgmt., US Banks, Director, Wealth Management position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
