About Morgan Stanley Investment Management (MSIM)

Morgan Stanley Investment Management (MSIM), together with its investment advisory affiliates, has 1.9 trillion USD in assets under management or supervision as of December 31, 2025. Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service, and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations, and individuals worldwide.

Position Overview:

The Global Risk & Analysis department within Investment Management is seeking a Third Party NFR Associate to join their Budapest team. This position oversees the governance of third-party relationships, handling both the onboarding and continuous monitoring of third-party services throughout their lifecycle. Ideal candidates should have experience with or understanding of third-party risk processes and risk assessments.

Key responsibilities:

• Direct and facilitate for the Business Unit, to ensure, all divisional suppliers with services in scope for Third Party Risk Management are logged and updated in Firm risk assessment platforms.
• Collaborate with stakeholders in the design and implementation of tooling to support the Non-Financial Risk team and assist in the development of procedures and documentation.
• Assist with the review of vendors for the divisions third-party preselection process and onboarding of services into Firm tooling.
• Oversee and enforce divisional compliance with Firm third-party requirements as Third-Party Single Point of Contact. This is inclusive of issue tracking and remedial efforts, providing feedback for ongoing improvement, and supporting other related initiatives.
• Assist in the implementation and coordination of divisional third-party strategy in conjunction with business including developing procedures and processes.
• Assist with providing Program training provided to new Service Owners and the change control process for changes to third-party program processes/procedures, systems and reporting or data.
• Coordinate with the Firm Due Diligence Groups and Control Groups to confirm that appropriate due diligence, risk assessments and any corresponding remedial actions are complete.
• Develop and provide reporting to provide visibility into status of active Third-Party Services as well of services undergoing onboarding or termination.
• Assist with coordination of significant Third Party-related incidents as required.
• Partner with our broader NFR team to align on stakeholder communication, resolve conflicts and manage risk, issue, and dependency escalations.

Key Skills and requirements:

• 3–5 years' experience in business, risk management, data governance, or data quality within financial services
• Bachelor’s degree or higher in Business, Data, Technology, or related fields
• Strong analytical skills; solid knowledge of data flows, lineage, controls, and data quality frameworks
• Skilled in Excel for data analysis; Power BI or similar tools preferred
• Experience designing and monitoring metrics, dashboards, and scorecards for data quality/risk
• Third-party supplier management or related risk experience is a plus
• Highly organized, detail-oriented, able to manage multiple priorities and risks
• Curious, focused on root cause analysis and continuous improvement; constructively questions assumptions and supports effective collaboration.
• Exercises sound judgment in identifying, escalating, and resolving risks/issues promptly
• Project management skills and proficiency in MS Office (PowerPoint, Excel, Word) advantageous

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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.

Certified Persons Regulatory Requirements:If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

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.