Executive Director, Risk Data

Background on the Position

The role will reside within the Morgan Stanley Risk Data team within the Firm Risk Management function (FRM). Risk Data is responsible for the development, management and promotion of data standards, governance, and monitoring of the Risk Data Domains (e.g., Credit, Market, Liquidity, Operational Risk) to evidence compliance with internal data governance policies/procedures, and with the BCBS 239 Principles. Risk Data provides strategic partnership across FRM and firmwide divisions to enhance risk data management and governance.

Risk Data seeks an Executive Director to lead data quality related strategic initiatives for the FRM function. Projects will range from data strategy development and oversight for the division, data risk management framework development and implementation oversight.

To be successful, candidates will benefit from relevant IT engineering or Data Governance experience in a financial institution, particularly in a control function, independence and self-motivation, an ability to quickly build/maintain strong internal network/relationships across businesses and control functions, superior communication skills, and a strong desire to listen and learn.

Primary Responsibilities

This candidate, who will report to the Global Head of Risk Data, will leverage FRM Data teams' members to deliver the following:

• Drive FRM requirements for Firmwide and FRM data initiatives, e.g., Global Data Quality Program, Lineage and Architecture. The role requires the ability to liaise with a broad set of senior internal and external stakeholders including FRM and Firmwide Technology, Risk managers, Divisional and FRM domain data quality governance teams and others to develop business solutions for Firmwide data-related initiatives and advocate, as appropriate for FRM requirements.
• Practice the use of influencing skills and ability to coordinate among IT, Data and Risk perspectives and input to develop a FRM solutions using extensive data quality governance experience, IT systems and risk & finance process knowledge
• Lead a select team to oversee FRM and other division's initiative implementation in alignment with FRM expectations
• Engage with senior leaders, auditors and regulators to provide insight and clarity around Risk Data Strategy in firmwide or FRM-led initiatives

Experience Requirements

• Undergraduate Degree or above
• 10+ years IT business analysis / IT engineering and /or data governance experience, ideally in a financial institution's Risk & Compliance function
• Proven track record in managing and delivering change initiatives impacting data governance, processes and organization
• Experience driving business requirements in Technology initiatives
• Leadership, influencing and effective communication skills, including writing and verbal communication forms
• Good understanding of process control, monitoring mechanisms and operational risk in the financial services industry
• Strong understanding of financial risk management concepts and financial products
• Strong decision-making skills with attention to detail
• Strong organizational and project management skills
• Strong Excel and PowerPoint skills

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.

To learn more about our offices across the globe, please visit https://www.morganstanley.com/about-us/global-offices

Compensation

Expected base pay rates for the role will be between $165,000 and $275,000 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.

Equal Opportunity

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).