Morgan Stanley

Vice President, Third Party Risk Management

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

Qualifications

  • Proven experience leading high-performing Third-Party Risk Assessment teams with a focus on coaching and quality oversight.
  • Bachelor's degree in Business Administration, Risk Management, or a similar field.
  • 10+ years of experience in team leadership, assessments, or major projects, specifically in a Risk function or financial institution.
  • Professional qualifications from ISACA or similar industry bodies are desirable.
  • Demonstrated expertise in project management including governance and stakeholder reporting.

Responsibilities

  • Manage project plans and timelines to ensure timely execution of program initiatives.
  • Lead change management efforts to enhance the due diligence assessment process through stakeholder engagement.
  • Coach assessment team members to achieve individual and program objectives, fostering a culture of accountability.
  • Serve as a culture carrier, building strong relationships with stakeholders to enhance transparency and understanding of the assessment function.
  • Identify and implement continuous improvement initiatives to boost quality and efficiency within the assessment program.
  • Act as a subject matter expert in risk interpretations and provide insights on related observations.
  • Prepare and present findings to management, including responses to compliance and regulatory inquiries.

Benefits

  • Opportunity to influence a critical area of risk management at a leadership level.
  • Engagement with senior stakeholders across the firm to impact decision-making processes.
  • Access to resources and tools to facilitate continuous professional development and improvement initiatives.
Full Job Description

We're seeking someone to join our team at the Vice President level, supporting Third Party Due Diligence within the Global Third-Party Program Management team. This position plays an integral role in leading complex project delivery, guiding assessment teams, driving change management, and advancing continuous improvement initiatives that strengthen the Firm's ability to assess operational disruption, oversee resilience standards, and mitigate risk across external vendors.

What you'll do in the role:
- Manage end-to-end project plans, milestones, dependencies, risks, and deliverables for program initiatives, ensuring timely execution and transparent reporting
- Lead change management efforts, including process redesign, stakeholder adoption, implementation planning, and communications to support enhancements to the due diligence assessment process
- Lead, coach, and enable assessment team members to achieve personal and program-level objectives while fostering accountability, collaboration, and a high-performance operating model
- Be a culture carrier for the Assessment function's objectives and purpose. Play a key role in building and harboring strong relationships with strategic stakeholders across the Firm supporting transparency of our role and helping to inform expectations
- Identify, prioritize, and deliver continuous improvement initiatives that increase quality, consistency, efficiency, and scalability across 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
- Prepare executive and regulator level presentations and supporting materials at both a Strategic and Technical level of detail to address specific requests about the program
- Review and update key process documentation such as Policies, Procedures, Desktop Guidance and instructional and guidance materials.

What you'll bring to the role:
- Proven experience leading high-performing Third-Party Risk Assessment teams, including coaching, prioritization, workload management, and quality oversight
- Bachelor's degree in: Business Administration, Risk Management, or a similar field
- A minimum of 10+ years of experience leading team operations, assessments and / or major projects preferably for a Risk function and / or at a Financial Firm
- Professional qualifications from industry standard institutions such as ISACA is a plus
- Demonstrated project management expertise, including governance, planning, execution, risk and issue management, dependency tracking, and senior stakeholder reporting
- Financial industry experience especially focused on Business Continuity / Disaster Recovery Controls and risk methodologies
- Strong drive for Change Management execution with the ability to influence stakeholders, embed new ways of working, and foster a culture of accountability, quality, and continuous improvement
- 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.
- Experience preparing clear, concise responses and briefing materials for regulatory affairs, compliance inquiries, governance forums, and senior management audiences.

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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