About the Role
The Institutional Securities Group (ISG) is seeking a Vice President for the First Line Central Risk team. This role focuses on the governance of Operational Risk and Resilience cross-divisional activities, aiming to centralize, standardize, and streamline risk management across ISG Business Units.
Responsibilities
- Oversee risk management practices across Institutional Securities businesses to ensure consistency and support business growth.
- Establish standards, controls, and integrity for Operational Risk systems and processes.
- Perform ongoing monitoring and reporting of Operational Risk incidents across ISG, ensuring timely escalation.
- Conduct issue and incident analysis, identify lessons learned, and provide remediation recommendations.
- Provide thought leadership and subject matter expertise on risk event analysis and continuous improvement.
- Lead cross-functional initiatives to enhance risk management practices, governance, and organizational resilience.
- Partner with Firmwide teams and ISG Business Control Units to ensure programmatic requirements are fit-for-purpose and implemented consistently.
- Lead scenario-based exercises and tabletops for the division on various risks, including external event impacts.
- Support senior management decision-making through risk insights, challenge, and strategic advisory.
- Monitor consistency and materiality of key risk indicators and determine appropriate actions, escalating as necessary.
Requirements
- 5-10 years of related work experience in risk management functions.
- Bachelor’s degree required.
- A strong understanding of the front-office processes is preferred.
- Experience with Operational Risk governance.
- Experience with Operational Resilience programs and exercises.
- Experience with scenario based exercise management.
Skills
- Strategic thinking
- Effective partnering across business units, regions, and lines of defense
- Strong execution and project management skills
- Ability to drive outcomes and meet critical deadlines
- Ability to navigate competing priorities in a dynamic environment
- Strong understanding of business, operational risk, and regulatory landscape
- Excellent written and verbal communication skills
- Ability to influence stakeholders
- Ability to present complex topics clearly and succinctly
- Highly organized and detail-oriented
- Strong judgment, professionalism, discretion, and integrity
Location
- 43 countries
Work Type
- Full-time
Experience Level
- Vice President
- 5-10 years
Education Level
- Bachelor's degree
- MBA or M.S. in related field preferred
Salary/Compensations
- $150,000 - $250,000 per year
Benefits
- Attractive and comprehensive employee benefits and perks
About the Company
- 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.
- As a market leader, the talent and passion of our people is critical to our success.
- Together, we share a common set of values rooted in integrity, excellence, and strong team ethic.
- Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow.
- A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
- The ISG Division is comprised of Equity, Fixed Income, Capital Markets, Investment Banking and Research.
- Professionals in the Division assess and actively manage risk, trade securities and structure, as well as execute innovative transactions in the fast-paced and constantly changing global markets.
- At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals.
- Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - guide our decisions.
- Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences.
Equal Opportunity
- Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background.
- Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
- Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
