Vice President, US Banks Enterprise Risk Management

Firm Profile

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.

As a market leader, the talent and passion of our people is critical to our success. Together, we share five core values rooted in integrity, excellence, and strong team ethic:

1. Putting Clients First

2. Doing the Right Thing

3. Leading with Exceptional Ideas

4. Giving Back

5. Committing to Diversity and Inclusion

Morgan Stanley is committed to helping its employees build meaningful careers as we strive to be a place for people to learn, achieve and grow.

Firm Risk Management

Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks.

Department Profile

Wealth Management (WM) provides a comprehensive array of financial services and solutions to individual investors and small to medium-sized businesses and institutions covering: brokerage and investment advisory services; financial and wealth planning services; stock plan administration services; annuity and insurance products; securities-based lending, residential real estate loans and other lending products; banking; and retirement plan services.

Background on the Position

This Vice President role is within U.S. Banks Enterprise Risk Management function.

The primary objective of the role is to monitor adherence to the U.S. Banks Issues Management Framework Policy and Procedure U.S. Banks Framework.

The role requires stakeholder engagement across Firm Risk Management, Wealth Management and as well as with other stakeholders that support the U.S. Banks including senior management.

Primary Responsibilities

Monitors alignment of U.S. Banks Framework to the Global Framework

Prepares and presents meeting materials to senior management on the current state of adherence to the U.S. Banks Framework

Supports regulatory examinations and reviews with a focus on ensuring regulatory expectations are addressed on a holistic and consistent basis

Reviews and provides quality assurance of risk management deliverables submitted to regulators and Internal Audit Department

Synthesizes thematic risk themes to management and key stakeholders to drive awareness and help anticipate regulatory concerns

Bachelor's degree or equivalent, ideally in Finance, Accounting, Economics, Law or similar

10+ years of experience in the Financial Services industry (Regulatory, Risk or Internal Audit background)

Enterprise Risk Management experience

Experience working at a banking regulatory agency, such as the Federal Reserve, OCC, FDIC, SEC, FINRA, and CFTC, working knowledge / familiarity with the US Prudential and Capital Markets regulations would be desirable

Experience in regulatory interaction and issue management processes

Excellent influencing, negotiating, and collaborating skills with the ability to build strong internal networks

Strong oral/written communications skills with the ability to present to a wide range of stakeholders

Problem-solving skills and attention to detail with the ability to work under pressure

Project management experience would be desirable

Expected base pay rates for the role will be between $110,000 and $190,000 year 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'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).