Background on the Position
The role will reside within the Morgan Stanley Risk Data & Strategy (RD&S) team within the Firm Risk Management's (FRM) COO function. RD&S is responsible for the development and promotion of data standards, governance, and monitoring of the Risk Data Domains to evidence compliance with Firmwide and Risk Data Policy and the BCBS 239 Principles. RD&S provides strategic partnership across Firm Risk to enhance Risk Data management. The team is responsible for creating and maintaining the Global Risk Data Policy, and for reviewing proposed country, legal entity or risk domain specific Risk Data policies or procedures to ensure congruency and alignment across FRM.
RD&S seeks an Executive Director for the Risk Data Advisory and Management office. The selected candidate will lead the team focused on partnering with Risk Domains, Divisional Data Offices across the Firm and Data Center of Excellence to develop and drive strategic solutions for data issue management and remediation.
To be successful, candidates will benefit from relevant experience, an ability to quickly build/maintain strong internal network/relationships across businesses and control functions, superior communication skills, and a strong desire to learn. The applicant should have a minimum of 10 years+ experience at a financial institution or consulting firm, preferably in a risk, finance, operations, compliance or regulatory function. Prior risk management experience and knowledge of financial market data would be a strong plus.
Primary job responsibilities expected to include:
> Lead the Risk Data Management Advisory function based in NY and Budapest to focus on data issue management and remediation
> Drive execution of complex strategic risk data quality and compliance projects with independence, ownership and accountability
> Engage and advise risk coverage teams to identify and document risk data ownership, authority, sourcing, controls and quality; Develop and implement ongoing update, review and control for prioritized risk data
> Identify and work on areas for improvement in processes related to risk data management
> Liaising with data quality working groups across the Firm on pertinent issues
> Senior management reporting and presentations#LI-JB3
Morgan Stanley is a leading global financial services firm providing investment banking, securities, wealth management and investment management... Read more