Associate, WM Risk (Risk Management)

Associate, WM Risk (Risk Management) Job Number: 3244608 POSTING DATE: Jan 10, 2024 PRIMARY LOCATION: Americas-United States of America-New York-New York EDUCATION LEVEL: Bachelor's Degree JOB: WM Risk EMPLOYMENT TYPE: Full Time JOB LEVEL: Associate DESCRIPTION Firm Risk Management Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, strategic, and other risks.
Background on Position This role will reside within Firm Risk Management's U.
S.
Bank's Enterprise Risk and Governance (ERG) Team and is responsible for managing Reputation, Strategic and Concentration Risks, managing the Bank's Risk Governance Framework, Board reporting and Regulatory Management processes.
The U.
S.
Banks provide an array of banking services and loans to individuals and institutions.
Primary Responsibilities The role offers an opportunity to work closely with stakeholders across Firm Risk Management, Wealth Management and other stakeholders that support the U.
S.
Banks.
Key responsibilities include: - Support monthly and quarterly risk processes for the U.
S.
Banks - Assist in overseeing and project managing strategic projects - Support New Product Approvals - Transform ideas, data, and content into visually compelling and impactful presentations - Support ERM Review and Challenge activities - Coordinate and deliver on ad-hoc requests - Support the team in identifying and developing solutions for emerging risks and areas of focus - Establish and maintain relationships with key stakeholders QUALIFICATIONS Experience - 3-7 years of enterprise risk management, governance and/or regulatory experience in the financial services industry - Bachelor's Degree or equivalent, ideally in Finance or Economics - Strong analytical, interpretive, and problem-solving skills with the ability to develop common sense solutions to complex business challenges - Strong organization skills with the ability to multitask and prioritize - Ability to be adaptable and handle changing requirements - Ability to work under pressure and to tight deadlines - Excellent communication skills, both verbal and written; ability to produce concise and effective presentations - Ability to work in a small team environment, building and maintain a network of contacts and coordinating with a large number of stakeholders - Experience in management by influence, facilitating and gaining consensus Expected base pay rates for the role will be between $85,000 and $140,000 per 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).
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