Background on the Position > The role will reside within the Regulatory Risk Function that sits in Firm Risk Management's (FRM) Chief Operating Office function. The Regulatory Risk Function is at the nexus of risk stripes globally and has several responsibilities that help to manage the regulatory risk faced by the department. It is responsible for managing regulatory exams relating to the Firm's registered swap dealer entities and general tracking and reporting of progress against regulatory deliverables. Further, it coordinates advocacy and horizon-scanning efforts relating to new regulatory requirements and addresses associated business impact via self-assessments. Finally, it provides global risk governance and oversight of operational risk framework elements for FRM.

The ideal candidate will possess a willingness to learn about risk management, U.S. regulations, operational risk frameworks, and is a natural communicator who possesses fine attention to detail. This position offers an excellent opportunity for growth, providing exposure to all areas within FRM, the Non-Financial Risk department and other divisions.

Primary Responsibilities:

Coordinate rule change management processes within FRM including the identification & communication of new / modified regulations and support related self-assessment processes
Contribute to regulatory exams / audits, remediation programs and general tracking and reporting of progress against deliverables
Support FRM's implementation and oversight of key Non-Financial Risk frameworks, broaden knowledge on requirements of the Firm's risk and control assessment frameworks, and contribute to major operational and governance initiatives
Manage governance committees / working groups, incl. compiling / vetting committee materials, recording minutes and tracking execution of action items
Broaden knowledge on compliance with regulatory and other business audit requirements / expectations Experience
Bachelor's or higher degree from a four-year accredited university
Experience performing and executing operational risk and control assessments
Comfort communicating with a wide range of stakeholders, both written and verbally
Strong attention to detail and ability to provide information in comprehensible formats
Inquisitive with a focus on information sharing
Ability to multitask and prioritize, and work under tight deadlines
Strong Microsoft office skills (PowerPoint, Excel, Word)

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 $75,000 and $95,000 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

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).