Vendor Risk, WM Risk, Associate, Wealth Management

Team Description

The Wealth Management (WM) Chief Data Office (CDO) sits within the WM Risk organization and strives to find the right balance between risk management and business enablement. WM CDO's mission is to: prevent unauthorized access to or misuse of client sensitive data and assets; abide by relevant privacy laws and regulations; effectively retain, retrieve, and protect information and records at the Firm; and mitigate risks caused by inaccurate, untimely, or incomplete WM data.

The Vendor Risk Team within WM CDO works to ensure third-party relationships supporting WM are subject to appropriate risk management oversight.

Role Description

The WM Vendor Risk team is seeking an Associate to support its efforts to ensure that vendor-related risks are inventoried, measured, and mitigated to the extent possible.

Key responsibilities include, but are not limited to:

> Facilitating the onboarding and due diligence process for new WM third-party relationships
> Supporting WM third-party relationship managers with end-to-end lifecycle management
> Reviewing and following-up on results of risk assessments conducted by due diligence and control groups, escalating issues for remediation/resolution where necessary
> Developing and maintaining WM Vendor Risk desktop procedures and processes and creating and updating knowledge-sharing documentation
> Collaborating with Subject Matter Experts (SMEs) across WM and Morgan Stanley to coordinate and manage strategic initiatives and day-to-day risk management tasks
> Assisting with recurring and ad hoc reporting of Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs)
> Assisting with the development of presentations for senior management and key stakeholders

Qualifications:
> Bachelor's degree
> 3 years of relevant risk management experience
> Attention to detail, strong analytical, quantitative, and investigative problem-solving abilities
> Strong organization and time-management skills, with the ability to swiftly transition between projects and tasks
> Ability to work independently, be self-motivated, and possess a strong sense of accountability/ownership
> Excellent communication skills (verbal and written)
> Strong interpersonal skills; a successful candidate will be able to explain complex vendor risk management requirements in a clear and concise manner to both technical and non-technical audiences
> Excellent MS Office skills (Excel, PowerPoint, Word)
> Ability to contribute to and collaborate with a global team
Preferred Qualifications:
> Knowledge of the financial services industry; preferably in WM, finance, operations, or technology
> Prior experience with third-party relationship management
> Experience with content and project management tools, including ProcessUnity, Jira, and ServiceNow
> Familiarity with visualization tools (e.g., Tableau, Dataiku)

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.