MSBNA First Line Operational Risk Manager - Associate / Vice President

 •  Morgan Stanley New York, NY

5 - 7 years experience  •  Financial Services

Salary depends on experience
Posted on 11/22/17
New York, NY
5 - 7 years experience
Financial Services
Salary depends on experience
Posted on 11/22/17

Position Description:
This role is a VP position reporting directly to the Head of Bank Non-Market Risk at Morgan Stanley Bank, N.A. (“MSBNA”).  The Non-Market Risk Officer will also work closely with the COO of the Bank in leading the risk and control functions for the first line of defense at MSBNA.

 

Position:
This person will be responsible for managing MSBNA’s First Line policies and procedures that relate to all non-market risk areas of the Bank.   This person will assist the Head of Non-Market Risk with all other non-market risk responsibilities, including Operational Risk and Reg W compliance responsibilities.

 

Job Responsibilities:
• Manage all First Line policies and procedures related to Bank non-market risk activities including drafting, reviewing and updating them as necessary.
• Assist with audits, exams and compliance testing of the functions of the Bank Non-Market Risk Team.
• Assist with oversight of Critical and High Self-Identified Issues and Action Plans.
• Assist with First Line Operational Risk responsibilities, including reviewing and reporting on Operational Risk Incidents; supporting the design, development and tracking of Key Risk Indicators; supporting the Business Unit Risk Assessment quarterly process; and participating and supporting the Risk & Control Self-Assessment process (including subsequent Control Testing).
• Assist with due diligence related to onboarding new products.
• Assist Head of Bank Non-Market Risk with ad hoc responsibilities.

 

Qualifications


Required Skills:                             
• Bachelor’s degree in Finance, Business or other related field (Law degree is a plus).
• 5+ years of relevant experience in operational risk management, compliance or audit. Experience in risk analysis within the financial services industry is a plus.
• Ability to analyze a function, process, or transaction, and identify the key risks and controls within it.
• Excellent verbal and written communication skills, including PowerPoint/presentation skills and the ability to influence and interact with senior members of the Bank.
• Strong interpersonal skills – Ability to freely develop networks, build consensus, prioritize effectively, and develop alliances across organizations.
• Ability to work in a fast paced environment, both independently and as part of a team, and under tight deadlines.

3096467

Not the right job?
Join Ladders to find it.
With a free Ladders account, you can find the best jobs for you and be found by over 20,0000 recruiters.