Third Party Resilience Program Analyst - Parametric

Morgan Stanley Seattle , WA 98113

Posted 2 weeks ago

ABOUT MORGAN STANLEY

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions, and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com.

ABOUT PARAMETRIC

Parametric is part of Morgan Stanley Investment Management, the asset management division of Morgan Stanley. We partner with advisors, institutions, and consultants to build portfolios focused on what's important to them and their clients. A leader in custom solutions for more than 30 years, we help investors access efficient market exposures, solve implementation challenges, and design multi-asset portfolios that respond to their evolving needs. We also offer systematic alpha and alternative strategies to complement clients' core holdings.

This role is part of Parametric's hybrid working model, which includes working in the office 2-3 days a week and choosing to work remotely or in the office the remaining days of the week.

ABOUT THE ROLE

The Third Party Resilience Program Analyst will be responsible for managing vendor relationships across the vendor lifecycle and management process. The position will facilitate the development and maintenance of the third-party vendor management program, policy and procedures. Additionally, the role provides governance, guidance, and oversight of the enterprise-wide third-party management program. This position will work at the discretion of the Business Continuity and Resilience Director to implement program components to enhance and maintain the firm's resiliency.

PRIMARY RESPONSIBILITIES

  • Responsible for managing vendor relationships across the vendor lifecycle phases

  • Facilitates the development and maintenance of the third-party vendor management program and policy

  • Provide governance and oversight for the enterprise-wide third-party management program

  • Ensures all vendors are onboarded, contracted, and managed according to third-party risk management policy

  • Coordinates audit and compliance requests to ensure vendor(s) meet and maintain standards

  • Identifies opportunities for strategic improvements that reduce the likelihood of vendor service interruptions

  • Coordinates with parent company to ensure Parametric's third-party vendor management activities align

  • Manage Fusion Risk Management vendor management tool; develop relevant reporting metrics to leadership

  • Support implementation of monitoring and tracking vendor SLAs, contracts, and performance

  • Establish partnership with vendor stakeholders and coordinate closely with teams to ensure proper engagement and governance is being followed during onboarding, due diligence, and the overall life cycle phase

  • Work closely with vendor stakeholders to ensure required artifacts for vendors, such as vendor onboarding process, ongoing monitoring artifacts, vendor business reviews, vendor scorecards, etc.

  • Manage and prepare business continuity and disaster recovery third-party vendor risk management exercises

  • Lead vendor resolution, activities, inquiries, incidents, service requests, and escalation during an incident/outage

  • Build, support, and implement the development of vendor SLAs; Document and track SLAs and SLOs (Objectives) for third party services; Assess contractual SLAs and determine adequacy; develop SLAs, as required

JOB REQUIREMENTS

  • Bachelor's degree required

  • 2-5 years' of experience in vendor management, risk management, governance, or business continuity

  • Experience at a financial services organization is highly desirable

  • Experience with Fusion Risk Management

  • Well organized with the ability to independently manage deliverables and meet deadlines

  • Ability to forecast, apply both strategic and critical thinking to help proactively find solutions

  • Familiarity with business continuity, disaster recovery and technical data centers / co-location facilities

Parametric believes each member of our organization makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore, this job description is designed to outline primary duties and qualifications. It is our expectation that every member of our team will offer his/her/their services wherever and whenever necessary to ensure the success of our client services.

Salary range for the position: $70,000 - $150,000/Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).


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