Morgan Stanley ("MS") is a global financial services firm that conducts its business through three principal business segments-Institutional Securities, Global Wealth Management via Wealth Management (WM), and Asset Management. WM's network includes approximately 15,000 Financial Advisors with total client assets of over $2.4 trillion. WM provides comprehensive financial advice and services to its clients including brokerage, investment advisory, financial and wealth planning, credit and lending, deposits and cash management, annuities, insurance, retirement and trust services.
Morgan Stanley Private Bank, National Association ("Bank" or "MSPBNA") provides deposit and lending products and services to serve the needs of Wealth Management clients and seeks an Operational Risk Manager as part of the Bank's Mortgage Operational Risk Organization. The Operational Risk Manager will support the Mortgage Operational Risk Officer in the identification, measurement, management, and monitoring of mortgage related operational risks within the Bank's mortgage business.
The Operational Risk Manager will report to the Bank's Mortgage Operational Risk Officer and will be based in New York, New York.
The Operational Risk Manager will :
Manage and analyze operational risk incident tracking, including identification of root cause and mitigating controls.
Lead efforts to identify and manage trends and key risks in the mortgage business, including mortgage vendors.
Develop and present trend-level data to key stakeholders.
Support mortgage related risk initiatives including the Risk & Control Self-Assessment (RCSA), the Key Risk Indicators (KRI) Program, and the Risk Assessment program.
Assist in the coordination and implementation of the operational risk management program in the mortgage business.
Partner with other first and second line functions to analyze, gather and report process gaps or other operational risk issues.
Bachelors Degree in Business Administration, Audit, or a related discipline
Minimum of 7 plus years' experience in the audit/assessment space
Mortgage experience a plus.
Operational risk management experience a plus
Excellent project management skills and strong communication skills
Excellent analytical, organizational skills and problem solving abilities
Ability to work in a matrixed organization: leveraging resources across the organization to complete deliverables and developing strong relationships within the business and across the Bank.
Ability to manage a variety of issues and assignments concurrently and to change priorities as needed
Ability to work both independently and with team members, under tight deadlines
Internal Number: 5208343
About Morgan Stanley USA
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