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Full Time Posted 13 days ago
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Job Type

Full Time

Job Details

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 42 countries, the firm’s employees serve clients worldwide including corporations, governments, institutions and individuals.

 

For over 88 years, Morgan Stanley has combined old school wisdom with a passion for what's possible. Doing so enables us to provide clients with exceptional service in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutions. Together, no challenge is unmet.

 

Underpinning all that we do are five core values -  put clients first, do the right thing, lead with exceptional ideas, commit to diversity and inclusion, and give back. These values, paired with the relentless pursuit of untapped possibilities, allow Morgan Stanley to consistently deliver first-class business in a first-class way.

  

Morgan Stanley Bank International (China) Ltd. (MSBIC) is a locally incorporated foreign bank in Zhuhai, China with a branch in Beijing and is primarily engaged in bond and FX trading, lending, loan syndication, and corporate deposit taking. MSBIC focuses on providing unique domestic and cross-border solutions to large corporations and institutions in China. In preparation for the Bank’s new phase of development as it seeks to take advantage of the upcoming market and product liberalization and the Bank’s planned expansion into derivatives businesses.  

 

The role will reside within the Legal and Compliance Division's Operational Risk Department. Operational Risk refers to the risk of financial or other loss, or potential damage to a firm's reputation, resulting from inadequate or failed internal processes, people, systems, or from external events (e.g., transactional error, fraud, cyber-attack, etc.) impacting the full scope of its business activities, including revenue-generating activities and infrastructure groups.

 

The Firm has a robust Operational Risk Management Framework designed to identify and assess significant operational risks and ensure appropriate mitigation actions are undertaken. The Framework is deployed across Business Units, Infrastructure Groups and Control Functions globally. The candidate will report to the Asia Head of Operational Risk Department and co-report to the Asia Head of Operational Risk Business Coverage. The candidate will interface with local regulators, bank senior management, bank operational risk first line of defence team, and other cross-entity control functions. The role will be involved in building risk management framework, managing operational risk and coordinating with department heads and risk experts in business units. 

  • Candidate should have a minimum of 7 years of Global Markets (Sales & Trading) experience, having worked directly in one of these business areas or a supporting infrastructure unit;
  • Prior experience in derivatives risk management, or other risk/control based roles, preferred;
  • Confidence to take ideas forward and to challenge others;
  • Proven ability to anticipate and identify risks and effective mitigants;
  • Strong organizational skills with the ability to multitask and prioritise; ability to work under pressure and to tight deadlines;
  • Excellent communication skills, both verbal and written; ability to produce concise and effective presentations
  • Ability to work in a team environment, building and maintain a network of contacts and coordinating with a large number of stakeholders
  • Good understanding of banking regulation, especially relating to operational risk management, highly desirable;
  • Experience in dealing with regulators an advantage, but not essential
  • Bachelor's degree or equivalent, ideally in a quantitative discipline, Finance, Economics or similar
  • Effective written and oral communication skills in both English and Mandarin
  • Proficiency with Excel and PowerPoint (Advanced)
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MSBIC Operational Risk, VP, Zhuhai/Beijing
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