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Affiliate Risk Oversight, US Banks, Associate, Wealth Management

Morgan Stanley

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Morgan Stanley

Affiliate Risk Oversight, US Banks, Associate, Wealth Management

Onsite Mumbai, India Full Time Mid-Level
Posted a day ago
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Job Details

About Us:

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.

Position Summary:

The US Banks team seek an Associate to join the First Line Business Risk team. The candidate will support administration of the first line business risk department and report to the AVP of Affiliate Risk Management. The 1LOD Bank Risk team supports the Banks’ BUs by providing guidance across NFR stipes including 1LOG Risk Governance, Ops Risk, (including Third Party and Affiliate Management) Regulatory Affairs and Audit support, Model and Data Risk.

Roles & Responsibilities:

  • Support the Affiliate Risk Oversite Framework execution & governance standards.

  • Support the creation of new governance frameworks.

  • Execute framework adherence checks as per requirements.

  • Create and maintain scorecards for US Bank affiliates.

  • Collaborate with Technology affiliates to ensure compliance with Affiliate oversight standards.

  • Facilitate key Affiliate stakeholder touch points.

  • Assist with maintenance of RCSA Technology risks and controls.

  • Support broader 1LOD efforts compiling information for IA, regulatory requests (audits/exams).

  • Assist with other projects related to data visualization and process optimization.

  • Create and execute reporting & presentations as needed using Microsoft Office suite of software including excel, PowerPoint, etc., to drive meaningful discussion, influence, provide transparency and share status

Required Qualifications & Skills: :

  • Minimum 3-5 years of professional experience in financial services industry; preferably in risk management, finance, compliance, or audit. 

  • Bachelor’s degree in finance, Accounting, Economics or 5+ years Banking experience (Preferred)

  • At least 3+ years relevant experience in risk management, with focus on designing risk frameworks preferred.

  • Experience using SQL, Python etc. to create complex queries for extracting and analyzing data.

  • Technical knowledge of data models and database design.

  • Ability to analyze large, complex data sets to identify trends, patterns and produce compelling insights.

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.

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.

Required Skills
  • SQL
  • Python
  • risk management
  • finance
  • compliance
  • audit
Company Details
Morgan Stanley
 New York City, NY, United States
Work at 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... Read more

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