The Wealth Management Conduct, Controls & Governance team (“WM CCG”) within the Wealth Management Client Segment Risk organization is responsible for, among other functions, designing supervisory controls and processes to mitigate risks to clients and the Firm including, but not limited to, those arising from Financial Advisor (“FA”) sales practice misconduct and internal policy violations. The work CCG performs is in furtherance of the Firm’s discharge of its core values of putting clients first and doing the right thing.
WM CCG is seeking to hire a Vice President to join the team focused on supervisory control design and implementation.
Primary Responsibilities:
Primarily responsible for working with senior leaders on the CCG team to further enhance MSWM’s supervisory control framework including but not limited to:
- Assessment of the efficiency and effectiveness of existing controls and processes
- Identification of enhancements to controls including AI solutions where appropriate
- Prioritization of control enhancement initiatives
- Implementation of control enhancements
- Coordination with key stakeholders in Technology, Platforms Legal, Compliance, WM Risk and other groups in furtherance of the design and implementing of control enhancements
Role Focus Areas:
Coordination with colleagues in CCG and Technology to define, draft, test, validate and finalize control design requirements and project management of the implementation of the requirements.
Qualifications:
- Ten or more years of experience in implementing technology-based control or process enhancements including translating the concept for a process or control enhancement into business requirements documentation for use by Technology, Platforms and other groups,
- Hands-on familiarity with modern AI tools, architectures and implementation concepts including frontier large language models, model context protocols, AI agent and workflow orchestration, retrieval-augmented generation, embeddings, prompt engineering, context windows, tokens, model evaluation, guardrails, and the infrastructure required to integrate AI capabilities into governed business processes, along with
- Demonstrated ability to work effectively with technical teams in a business analyst capacity, across coding, data analysis, technology implementation, control logic development, test-case design, rules-based and model-based back-testing, false-positive and false-negative analysis, issue triage, performance monitoring, and documentation of testing outcomes to support governed deployment of supervisory controls and AI-enabled solutions
- Strong quantitative and analytical skills
- Strong problem-solving and business judgment
- Strong organizational, planning and time management skills
- Ability and willingness to voice ideas, in addition to following instructions
- Ability to lead discussions including with more senior/experienced participants
- High motivation and energy with ability to develop strong working relationships
- A calm demeanor and ability to work on multiple tasks at one time
- Self-starter with a strong attention to detail
- Ability to work well with colleagues across a diverse range of working groups in a fast-paced environment
- Proficiency in MS Office, PowerPoint, Excel, Dataiku, and Tableau
- Bachelor's Degree or equivalent
New York:
Expected base pay rates for the role will be between $115,000 and $190,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
