What are the responsibilities and job description for the U.S. Banks Data Quality Governance, Data Risk Associate position at Morgan Stanley?
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries.
In this role, the Associate will support the U.S. Banks Data Quality Program by driving compliance with the Firm’s Data Quality Policy and procedures, with a focus on BCBS 239 requirements across Risk and Finance. The Associate role is in the U.S. Banks First Line Business Risk team. This team is responsible for managing risks associated with Data Quality.
This role requires regular interaction with other divisions across firm, technology, Bank Business partners, Bank Data Stakeholders, Compliance, Second Line Risk and Internal Audit.
Primary Responsibilities Include
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 $58,000 and $115,000 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).
In this role, the Associate will support the U.S. Banks Data Quality Program by driving compliance with the Firm’s Data Quality Policy and procedures, with a focus on BCBS 239 requirements across Risk and Finance. The Associate role is in the U.S. Banks First Line Business Risk team. This team is responsible for managing risks associated with Data Quality.
This role requires regular interaction with other divisions across firm, technology, Bank Business partners, Bank Data Stakeholders, Compliance, Second Line Risk and Internal Audit.
Primary Responsibilities Include
- Ensure compliance with the Global Data Quality Policy and BCBS 239 standards for prioritized data domains across U.S. Banks.
- Partner with the Firm Data Office, Divisional Data Offices, and Technology teams to:
- Conduct data flow analysis.
- Assess and monitor data quality controls.
- Identify data owners and catalog metadata in Collibra.
- Manage annual re-attestation processes.
- Define solutions including dashboards, automated communications, and data quality management processes.
- Partner with project and technology teams to enhance controls and optimize data processes.
- Develop and maintain dashboards and performance metrics for periodic reporting to management committees and senior leadership.
- Maintain procedural documentation, including desktop procedures, to support consistent execution.
- Partner with technology teams to ensure data sourcing from authoritative systems to improve data quality.
- Communicate project progress, risks, and issues to stakeholders with clarity and consistency.
- Bachelor’s degree in Business, Finance, or a related field.
- Minimum 2 - 3 years of professional experience, ideally within the financial services industry, with demonstrated expertise in data management, governance, quality, lineage, and issue remediation.
- Advanced proficiency in Microsoft Excel, PowerPoint, Outlook, Word, Visio and other MS Office Tools.
- Proven ability to collaborate across functions and manage multiple priorities in a fast-paced, Agile environment.
- Strong Attention to detail and the ability to handle, prioritize multiple tasks and projects concurrently.
- Highly motivated / self-starter with a sense of accountability & ownership, willingness to learn, and ability to work independently.
- Excellent written and verbal communication skills.
- Experience performing business analysis, writing business requirement document, and creating mock dashboards.
- The ability to work effectively within a local and global team, as well as independently.
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 $58,000 and $115,000 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).
Salary : $58,000 - $115,000