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.
Morgan Stanley is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views.

Legal and Compliance Division Overview
The professionals in the Legal and Compliance Division LCD provide a wide range of services to our business units. LCD is made up of the Legal, Regulatory Relations, and Non-Financial Risk departments which preserve the firm's invaluable reputation for integrity and protect the firm from sanctions with policies and procedures that are designed to meet regulatory requirements around the world. We also strive to maintain cooperative relationships with governmental policy makers and the regulatory and self-regulatory agencies that govern the firm's businesses.

Background on the Position
The role will reside within the Non- Financial Risk Framework Department.

Non- Financial Risk is the risk of economic, reputational, regulatory, financial reporting, and client impact from failed or inadequate processes, data, or controls; from system changes, failures, disruption or other infrastructure and environmental factors; or from intentional or inadvertent actions of employees, contingents, or external parties.

The NFR Programs comprise enterprise tolerance, metrics, issues management and incident management programs and managing the unified categorization models (taxonomies) and risk level standards. The team defines the framework and requirements and monitors compliance with minimum standards, provides guidance, training, and support throughout the execution process. To perform this role successfully, a high level of interaction is required with business areas at all levels of the organization, and internally across Operational, Compliance and Financial Crimes risk.

Responsibilities:
- Lead the strategic enhancement and modernization of the Non-Financial Risk (NFR) Framework
- Design innovative and forward-thinking risk framework components to drive real risk management value
- Challenge conventional thinking and bring creative, outside-the-box solutions to strengthen risk identification, mitigation, and reporting practices
- Focus on risk quantification approaches and measurement of non-financial risks through programs such as scenario analysis, capital and stress testing
- Translate complex risk concepts into clear, practical methodologies and tools used across the First and Second Lines of Defense.
- Collaborate with cross-functional teams (Risk, Compliance, Technology, Legal, Business Lines) to co-create fit-for-purpose frameworks and controls
- Develop compelling, executive-level PowerPoint presentations and dashboards that influence senior management and key stakeholders
- Ability to establish effective policies and procedures, and clear guidance to support the overall NFR programs
- Build strong, trust-based relationships with senior leaders to align on strategic priorities and drive adoption of framework enhancements.
- Establish and run governance structures, steering committees, and working groups to ensure timely decision-making and accountability
- Collaborate with Data and Analytics on unified categorization model, data visualization, data objects
- Support the design of risk tolerance, identification and metrics across non-financial risks - An undergraduate degree (B.A., B.S., or equivalent) required
- 12 - 15 years of experience in Operational Risk / Enterprise Risk Management / Risk Quantification
- Strong technical understanding of the financial services regulatory environment, with a focus on Operational, Compliance or Financial Crimes Risk
- Excellent communication and influencing skills, both verbal and written, and an ability to present ideas concisely and visually
- Proven track record of designing or leading strategic enhancements to risk or control frameworks.
- Adept at influencing senior stakeholders and aligning cross-functional teams in a matrixed environment.
- Excellent analytical skills and a strong ability to work with large data files and spreadsheets

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.

Expected base pay rates for the role will be between $165,000 and $275,000 per 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).