What are the responsibilities and job description for the Equities Product Control Risk & Projects - Vice President position at Morgan Stanley?
We're seeking someone to join our Equities Product Control function, in the Risk and Projects team focusing on evolving out operating model through a focus on reducing operational risk across the division. They will drive key initiatives such as Risk & control Self Assessment (RCSA), the capture of operational risk incidents (ORIs), and the development and production of divisional reporting, metrics, and risk monitoring processes, and ultimately working with divisional management to optimize the operating model.
This role will work directly with product-aligned controllers covering Cash Equities, Listed and OTC Derivatives, Prime Brokerage, Equity Swaps, and other products, liaising with senior management and the central risk teams. The ideal candidate has a background in product control or risk, with a focus on equity products. Having a background in project execution would be beneficial, as this role will be responsible for helping to execute on a variety of risk-related projects aimed at enhancing the Firm’s control environment.
In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis and advisory services of the Firm's financial and capital resources. This is a Vice President level position within our Product Controllers Job Family which specializes in ensuring adequacy of controls, profit and loss and balance sheet reporting and reconciliations for a segment / business / product area, as well as management reporting across business segments or cross functional end-to-end product oversight
Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
What You'll Do In The Role
> Collaborate with a varied group of colleagues in Finance and across the Firm
> Responsible for and lead a significant set of deliverables, leveraging advanced understanding of Finance functional area, product and/or client segment
> Proactively identify emerging risks in individual and department work and contribute to strategies for mitigating them
> Act as a role model and culture carrier; Embody and set an example of the Firm's values and hold yourself and others accountable to Firm standards
> Lead key risk processes across IED Finance's Product Control (GPC) functions including RCSA, business continuity, information security, and other compliance activities
> Own and deliver high-impact initiatives, leveraging deep Finance expertise
> Prepare risk reports and deliver actionable insights to senior stakeholders within IED Finance and across the firm
> Assist in reporting of risk incidents within IED GPC and perform thematic analysis to identify trends and recommend solutions
> Drive issue resolution and action planning within the Firm's risk inventory, with a focus on IED GPC's control processes and controls.
> Identify areas of emerging non-financial risks and assist senior management in developing mitigation strategies
> Maintain risk policies and procedures
> Champion the firm's values and foster a culture of accountability
> Manage, attract, develop and retain talent for team within Finance while creating an inclusive environment; translate Firmwide goals into actionable goals for department/function
What You'll Bring To The Role
> Advanced understanding of Finance functional area, product and/or client segment and technical skills, as well as of industry and competitive environment
> Ability to provide positive and constructive feedback and acknowledge efforts of team members
> Ability to articulate risk and impact to various audiences, and create plans to mitigate those risks
> Strong analytical skills and the ability to distil complex issues into clear insights
> Excellent communication and stakeholder engagement abilities
> Proven leadership and mentoring capabilities
> Initiative, independence, and strong time management
> Advanced proficiency in Microsoft Office, experience with tools like Power BI or Alteryx is a bonus
> A collaborative mindset and a passion for continuous improvement
> Holds a relevant degree or relevant professional qualification
> At least 9 years' relevant experience would generally be expected to find the skills required for this role
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 $120,000 and $190,000 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 is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.
This role will work directly with product-aligned controllers covering Cash Equities, Listed and OTC Derivatives, Prime Brokerage, Equity Swaps, and other products, liaising with senior management and the central risk teams. The ideal candidate has a background in product control or risk, with a focus on equity products. Having a background in project execution would be beneficial, as this role will be responsible for helping to execute on a variety of risk-related projects aimed at enhancing the Firm’s control environment.
In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis and advisory services of the Firm's financial and capital resources. This is a Vice President level position within our Product Controllers Job Family which specializes in ensuring adequacy of controls, profit and loss and balance sheet reporting and reconciliations for a segment / business / product area, as well as management reporting across business segments or cross functional end-to-end product oversight
Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
What You'll Do In The Role
> Collaborate with a varied group of colleagues in Finance and across the Firm
> Responsible for and lead a significant set of deliverables, leveraging advanced understanding of Finance functional area, product and/or client segment
> Proactively identify emerging risks in individual and department work and contribute to strategies for mitigating them
> Act as a role model and culture carrier; Embody and set an example of the Firm's values and hold yourself and others accountable to Firm standards
> Lead key risk processes across IED Finance's Product Control (GPC) functions including RCSA, business continuity, information security, and other compliance activities
> Own and deliver high-impact initiatives, leveraging deep Finance expertise
> Prepare risk reports and deliver actionable insights to senior stakeholders within IED Finance and across the firm
> Assist in reporting of risk incidents within IED GPC and perform thematic analysis to identify trends and recommend solutions
> Drive issue resolution and action planning within the Firm's risk inventory, with a focus on IED GPC's control processes and controls.
> Identify areas of emerging non-financial risks and assist senior management in developing mitigation strategies
> Maintain risk policies and procedures
> Champion the firm's values and foster a culture of accountability
> Manage, attract, develop and retain talent for team within Finance while creating an inclusive environment; translate Firmwide goals into actionable goals for department/function
What You'll Bring To The Role
> Advanced understanding of Finance functional area, product and/or client segment and technical skills, as well as of industry and competitive environment
> Ability to provide positive and constructive feedback and acknowledge efforts of team members
> Ability to articulate risk and impact to various audiences, and create plans to mitigate those risks
> Strong analytical skills and the ability to distil complex issues into clear insights
> Excellent communication and stakeholder engagement abilities
> Proven leadership and mentoring capabilities
> Initiative, independence, and strong time management
> Advanced proficiency in Microsoft Office, experience with tools like Power BI or Alteryx is a bonus
> A collaborative mindset and a passion for continuous improvement
> Holds a relevant degree or relevant professional qualification
> At least 9 years' relevant experience would generally be expected to find the skills required for this role
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 $120,000 and $190,000 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 is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.
Salary : $120,000 - $190,000