Morgan Stanley

Director, Third Party Risk Management

Morgan Stanley$130K — $182K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration, Risk Management, or Business Continuity/Resilience
  • Minimum of 10 years in Information Security, Cybersecurity, or risk assessments in the financial services industry
  • Professional qualifications from ISACA are a plus
  • Exceptional Project Management skills
  • Strong understanding of relevant Industry Standards (NIST, CCM, CRI)
  • Experience in leading high performing Third Party Risk Assessment teams
  • Financial industry experience focused on Business Continuity / Disaster Recovery Controls

Responsibilities

  • Collaborate with Technology, Business Units, and Suppliers to evaluate controls and policies
  • Drive change management and enhance assessment processes
  • Lead continuous improvement initiatives for the due diligence program
  • Interpret risk and control issues as a subject matter expert
  • Present findings to management and governance bodies
  • Manage proactive stakeholder engagement
  • Review and update process documentation

Benefits

  • Comprehensive employee benefits and perks
  • Support for employees and their families
  • Opportunities for career mobility within the company
  • Emphasis on a collaborative and supportive work environment
  • Commitment to diversity and inclusion
Full Job Description

We're seeking someone to join our team as a Director level, supporting Third Party Due Diligence within the Global Third-Party Program Management team. This position plays an integral role in strengthening the Firm's ability to assess potential operational disruption and oversee overseeing resilience standards and risk mitigation across external vendors.

In the Corporate Services division, we empower our businesses by creating collaborative workplace solutions and commercial services that enhance the employee and client experience, while optimizing the value of our sourcing and third-party lifecycle to enable the Firm to do-and-win business.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you'll do in the role:
- Collaborate with Technology, Business Units, and Suppliers to evaluate suppliers' implementation of controls and policies as detailed in questionnaire responses and provided evidence provided
- Drive and support change management and further enhancement and streamlining of the assessment process
- Lead continuous improvement initiatives to the due diligence assessment program
- Serve as a subject matter expert by interpreting risk and control issues and providing guidance on related observations
- Present findings to management and governance bodies, including preparing clear and concise responses to compliance and regulatory requests
- Escalate and manage proactive stakeholder engagement
- Review and update key process documentation such as Policies, Procedures, Desktop Guidance and instructional and guidance materials
- Support and enable the team to achieve success in their pursuit of personal and program level objectives

What you'll bring to the role:
- Bachelor's degree in: Business Administration, Risk Management, or Business Continuity/Resilience
- A minimum of 10 years of experience in Information Security, Cybersecurity, Business Continuity and / or risk and control assessments in the financial services industry
- Professional qualifications from industry standard institutions such as ISACA is a plus
- Exceptional Project Management skills and execution mindset
- Experience in and strong understanding of relevant Industry Standards (NIST, CCM, CRI etc.)
- Knowledge of best practices and certifications (e.g. CRI, ISO certifications, SSAE/SOC reports etc.)
- Experience in managing / leading high performing Third Party Risk Assessment teams
- Financial industry experience especially focused on Business Continuity / Disaster Recovery Controls and risk methodologies
- Strong leadership skills with the ability to drive change and foster a culture of accountability excellence
- Ability to build and sustain relationships with individuals at all levels of the organization and manage global stakeholders
- Dynamic individual with the ability to switch context quickly and work on multiple streams of work simultaneously with high attention to detail

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years.  Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Expected base pay rates for the role will be between $130,000 and $182,500 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.

About Morgan Stanley

Morgan Stanley Investment Management are active managers of capital, working to outperform the market and deliver results for their clients. Morgan Stanley Investment Management's long-tenured professionals apply their experience and expertise across public and private markets, in single-sector, multi-asset and custom solutions.

Morgan Stanley Careers

Joining Morgan Stanley today means becoming part of a global team dedicated to strengthening communities, pioneering innovation, and fostering diversity. As a leading global financial services firm, Morgan Stanley offers unparalleled job opportunities, career growth, and a culture of leadership that together create an exceptional employment experience. Work You’ll Do At Morgan Stanley, you will collaborate with knowledgeable professionals to drive innovation and deliver solutions in financial services. Our team is composed of diverse, talented individuals who bring their unique skills and perspectives to work every day, setting the standard for leadership in the global market. Morgan Stanley is not just a company; it's a place where ambitious, creative, and skilled individuals can build a rewarding career. Here, you can experience the benefits of a vibrant culture dedicated to professional growth and diversity training. Internship Programs Kickstart your career with Morgan Stanley’s internship programs. These positions offer invaluable industry insights and professional experience to students and recent graduates. Interns at Morgan Stanley gain hands-on experience, working alongside seasoned experts in a dynamic, supportive environment. Innovation and Professional Growth We believe in the power of innovation to solve complex problems and encourage our team to think differently and act boldly. Morgan Stanley supports your career development through comprehensive training, development programs, and leadership workshops, ensuring that every employee has the tools they need to succeed. Join Our Team Explore the various job opportunities at Morgan Stanley, from entry-level positions to executive roles. We are hiring individuals who are passionate about finance and eager to contribute to a team that values integrity, excellence, and a forward-thinking mindset. Enhance your skills through our networking events, mentorship opportunities, and ongoing professional development. Stay Connected Keep up to date with the latest from Morgan Stanley Careers by subscribing to our job alert emails. Tailor your preferences to receive updates about new postings, career tips, and exclusive insights from our team leaders. Apply Now Ready to take the next step in your career? Search open positions that match your skills and interests on the Morgan Stanley Jobs portal. Prepare your resume, refine your interview techniques, and join a company that values innovation and leadership. At Morgan Stanley, we’re not just building careers—we’re developing leaders. Discover how far your talents can take you by joining our team today.
Learn more about Morgan Stanley
Size
77,000 employees
Market Cap
$144.1 billion
Industry
Net Income
$10.9 billion
Founded
1935
5 Year Trend
+10%
Revenue
$52 billion
NASDAQ

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