Morgan Stanley 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. The talent and passion of our people is critical to our continued success as a firm. Together, we share four core values rooted in integrity, excellence and strong team ethic: 1. Putting Clients First 2. Doing the Right Thing 3. Leading with Exceptional Ideas 4. Giving Back Morgan Stanley is committed to helping its employees build meaningful careers and we strive to be a place for people to learn, achieve and grow. Firm Risk Management Firm Risk Management (FRM) enables 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. Our mission is to serve as the follow roles: · Independent agent to set consistent principles and disciplines for risk management · Strategic advisor to Firm management for setting risk appetite and allocating capital · Industry leader to influence and meet regulatory standards You will collaborate with colleagues across FRM and the Firm to protect the Firm's capital base and franchise, advise businesses and clients on risk mitigating strategies, develop tools and methodologies to analyze and monitor risk, contribute to key regulatory initiatives and report on risk exposures and metrics to enable informed and strategic decision-making. Through thoughtful analysis and clear communication we are best able to bring our ideas to the table and improve the Firm. Firm Risk Management values diversity and is committed to providing a supportive and inclusive workplace for all employees. Firm Risk Management's unique franchise promotes: ü Flat, flexible and integrated global organization ü Collaboration and teamwork ü Credible, independent decision-making ü Organizational influence ü Creative and practical solutions ü Meritocratic and diverse culture Background on the Position The role will reside within the Regulatory Risk Function that sits in Firm Risk Management's (FRM) COO function, which covers a broad array of areas including financial and resource management, regulatory relationship management, project management of key regulatory initiatives, governance and policies and procedures. The Central Regulatory Function team oversees the development of FRM policies and procedures and governance framework globally. This includes for tracking and reporting progress of regulatory deliverables, managing regulatory exams and internal audits as well as rule change management, self-assessments and quality assurance. Its key functions are to manage regulatory risk, establish FRM policy and governance standards and to spearhead remediation projects related to regulatory and audit findings. The group works in close collaboration with subject matter experts across all areas in FRM, as well as other departments within the Firm. The ideal candidate will have some experience of risk management, regulatory risk or compliance risk and familiarity with Fed, OCC and SEC regulations. This position offers opportunities to gain exposure to all aspects of FRM. Primary Responsibilities: · Monitoring and reporting on finalization of, and revision to, FRM applicable regulations · Analysis of how rule change events may impact FRM · Support the oversight of the rule change management and self-assessment process · Tracking and reporting progress of regulatory deliverables · Support the creating of Process, Risk and Control flows The ideal candidate will possess knowledge of US prudential regulations to assess risk to the firm from regulatory changes, willingness to work with senior members of risk management to develop and track action plans and enhance automated platforms and analytical tools for Rule Change Management Function.
Qualifications Skills Required (Essential) · Bachelor's degree required. JD is preferred · Excellent verbal and written communication skills · Strong research and superior analytical thinking and problem solving abilities · Ability to work effectively on multiple projects under tight deadlines · Strong relationship building skills · Knowledge of compliance risk, market risk, credit risk, operational risk, liquidity risk or model risk is preferred · Intellectual curiosity with a focus on information sharing · Detail oriented with exceptional organizational skills · Familiarity with financial services industry regulatory guidance · Proficiency in MS Office and related applications (PowerPoint, Excel, Word, Visio)
Internal Number: 5196455
About Morgan Stanley USA
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