Risk COO Team – Vice President
London
JR015988
The role will reside within Firm Risk Management's COO function. The COO team has responsibility for ensuring the operational effectiveness of the EMEA FRM Division as well as contributing to the EMEA FRM People Strategy.
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.
About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.
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 ethic. We can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
What will you be doing?
- Perform risk and control assessments, escalate potential gaps and risks and drive enhancements to the risk and control environment in the context of various COO processes e.g. RCSA (Risk Control Self Assessment)
- Coordinate departmental inter-affiliate outsourcing requests (internal/regulatory) and provide oversight across the department's inter-affiliate outsourcing arrangements including regular inventory confirmations, annual reviews and changes to outsourcing arrangements
- Coordinate, perform and challenge the business continuity planning processes across a number of risk areas/locations and ensure consistency where appropriate
- Contribute to Business Unit Information Security Officer responsibilities and access/entitlement reviews across the Department
- Prepare and/or review departmental communications and senior management / regulatory-ready materials
- Collaborate with HR, Sourcing, IT, Corporate Services and other key stakeholders with regards to tracking permanent headcount and contingent workers, including the onboarding of new joiners to enhance the new joiner experience
- Contribute to and support initiatives related to the EMEA FRM People Strategy
- Support other processes within the COO remit, including ad-hoc requests and PowerPoint presentations
- Guide/mentor junior members of the team
What We’re Looking For
- Bachelor's degree or equivalent
- Experience in financial resource management (budget and headcount processes)
- Experience in financial services, preferably in areas relating to COO
- Experience in Risk Management at leading financial institutions (preferred)
- Experience in producing departmental communications and senior management / regulatory-ready materials
- The ability to effectively communicate with a wide range of stakeholders, both written and verbally
- The ability to develop partnerships across risk functions, divisions and geographies
- Confidence to take ideas forward and to challenge others, where appropriate, with experience in management by influence, facilitating and gaining consensus
- Strong analytical and problem-solving skills
- Strong understanding of processes, risks and controls including in the context of operational risk incidents, RCSA, inter-affiliate outsourcing arrangements and business continuity planning
- Strong attention to detail and ability to provide information in usable formats (proficiency in Microsoft PowerPoint, Excel and Word)
Skills That Will Help You In The Role
- An interest in working in a fast-paced environment, often balancing multiple high priority deliverables
- The ability to work independently in a self-directed way in a collaborative, team-oriented environment
Where will you be working?
This role is based in 20 Bank Street, London.
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.
Certified Persons Regulatory Requirements
If t his role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.
Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
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.