ISG Management - Operational Risk & Resilience - VP

About the Firm

Morgan Stanley is a leading global financial services firm providing 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. As a market leader, the talent and passion of our people are critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic.

A philosophy that balances personal lifestyles, perspectives, and needs is an important part of our culture.

Department Profile

The ISG Division is comprised of Equity, Fixed Income, Capital Markets, Investment Banking, and Research. Professionals in the Division assess and actively manage risk, trade securities, and structure and execute innovative transactions in the fast-paced and constantly changing global markets.

Morgan Stanley’s Institutional Securities Group is looking for a Vice President to join the First Line Central Risk team. The Central Risk team focuses on centralization, standardization, and streamlining of risk management activities across ISG Business Units. The team covers several risk areas including Operational, Third Party, Electronic Trading, Regulatory and Audit, Conduct and Compliance, Client, Product, Financial Crime, Data, Info Security and Cyber, Model and Trader Mandate, and Sustainability. This role will focus specifically on governance of Operational Risk and Resilience cross-divisional activities.

Responsibilities

• Oversee the risk management practices across the different Institutional Securities businesses to ensure practices are consistent and effectively support business growth initiatives by setting standards, establishing adequate controls, and ensuring the integrity of the Operational Risk systems and processes.
• Perform ongoing monitoring and reporting of Operational Risk incidents across ISG and ensure timely escalation, including performing issue and incident analysis, lessons learned, and remediation recommendations.
• Provide thought leadership and subject matter expertise on lessons learned, risk event analysis, and continuous improvement efforts.
• Lead cross-functional initiatives that enhance risk management practices, governance effectiveness, and organizational resilience.
• Partner with Firmwide teams and ISG Business Control Unit to ensure programmatic requirements across Operational Risk, Resilience, and other Firmwide programs impacting ISG are fit-for-purpose, include ISG requirements, and are implemented consistently across ISG Business Units globally.
• Lead scenario-based exercises and tabletops for the division on a range of risks, including the impact of external events (e.g., changes to the regulatory, political, or economic climate).
• Support senior management decision-making through risk insights, challenge, and strategic advisory activities.
• Monitor consistency and materiality of key risk indicators and determine appropriate actions required, escalating as necessary.

Qualifications

• 5-10 years of related work experience in risk management functions.
• Bachelor’s degree required; MBA or M.S. in a related field preferred.
• A strong understanding of front-office processes is preferred, particularly in:
  • Operational Risk governance
  • Operational Resilience programs and exercises
  • Scenario-based exercise management

Skills

• Strategic thinker with the ability to partner effectively across business units, regions, and lines of defense, including senior management.
• Strong execution and project management skills, with a proven ability to drive outcomes and deliver against critical deadlines.
• Ability to navigate competing priorities and stakeholder expectations in a dynamic, fast-paced environment.
• Strong understanding of the business, operational risk, and regulatory landscape, with the ability to assess implications and emerging developments.
• Excellent written and verbal communication skills, with the ability to influence stakeholders and present complex topics clearly and succinctly to senior audiences.
• Highly organized and detail-oriented, with strong judgment, professionalism, discretion, and integrity.

What You Can Expect From Morgan Stanley

At Morgan Stanley, we raise, manage, and allocate capital for our clients – helping them reach their goals. Our values – putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back – guide the decisions we make every day.

We offer an opportunity to work alongside the best and 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.

Pay

Expected base pay rates for the role will be between $150,000 and $250,000 per year at the commencement of employment. Base pay is determined on an individualized basis and is only part of the total compensation package, which may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.