Market Risk Department Chief Operating Office - Associate

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.

Background on the Position
The role will reside within the Firm Risk Management's Market Risk Department (MRD) which is responsible for the independent identification, measurement, monitoring, reporting, challenge, and escalation of market risk arising from the Firm's trading and non-trading activities. This particular role is part of MRD's Chief Operating Office (MRD COO) team which oversees the operations and the development of MRD globally. The individual will cover a diverse range of responsibilities to facilitate operations and management. To be successful, candidate needs to have relevant educational background (finance, economics, engineering), relevant work experience (budget, headcount reporting, workforce strategy), exceptional presentation skills, and the ability to work independently and efficiently under tight deadlines. Information processed in the department/team is confidential and thus the candidate must demonstrate a very high level of integrity.


The location for this role is New York City. This role is hybrid and currently requires in-office attendance of 3 days/week. The in-office requirement is subject to change at any time.


Primary Responsibilities

> Provide support across MRD, including close coordination across risk stripes, presentations to management and other ad-hoc initiatives
> Manage space planning, budget tracking, and expense management to ensure alignment with organizational priorities.
> Assist with vendor oversight and key engagement activities.
> Contribute to headcount reporting and continuity readiness.
> Deliver on major operational and governance initiatives, including:
o Business Continuity Planning (BCP)
o Service Level Agreement (SLA) documentation
o End User Computing (EUC) inventory and governance
o Standard Operating Procedures (SOPs) and departmental training documentation
> Collaborate with key stakeholders and partners distributed in different regions and teams
> Improve operational efficiency through process enhancements and automation.
> Support training programs and drive employee engagement activities. Experience
> 4 Years + experience in financial services, or in a similar Chief Administrative Office (CAO) or COO role
> Understanding of financial market and market risk principles
> Ability to multitask and prioritize, and work under tight deadlines
> Excellent organizational skills and ability to manage complex initiatives
> Excellent verbal and written communication skills, with the ability to communicate with senior management
> Experience in working in cross-functional and cross-cultural working environments
> Resilient, self-managing and highly organized with a quality and delivery mind set
> Strong Microsoft office skills (Excel, PowerPoint, Word)

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

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 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 $100,000 and $140,000 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).