Bank Group Compliance, which is charged with oversight and coordination of the Compliance program for Morgan Stanley's two US Banks (Morgan Stanley Bank, N.A. (MSBNA) and Morgan Stanley Private Bank, N.A. (MSPBNA)), seeks a Bank Compliance Risk Assessment Officer to coordinate various risk assessments and the Annual Compliance Plan for the department. This position will report to the Head of Core Compliance.
Key Responsibilities: 1. Laws Rules & Regulations (LRR) Risk Assessment: · Manage MSPBNA and MSBNA Laws, Rules & Regulations (LRR) Risk Assessment across all First and Second Lines of Defense stakeholders, including · Validate and refine the LRR methodology for assessing Compliance Risk · Project manage upgrades and changes to LRR technology platform · Design and execute a quality assurance program · Design and execute analyses of Compliance Risk to identify trends, themes and potential key risks · Design and deliver reporting results to synthesize complex data for senior management · Establish Action Plan tracking · Present LRR results to senior management and regulators · Manage the addition of new applicable regulations and ownership · Maintain the Ownership and Applicability matrix · Train stakeholders on LRR procedures · Maintain and update LRR policies & procedures.
2. Compliance Risk Assessment (CRA) · Coordinate the execution of the CRA across Bank Compliance · Serve as primary Bank Compliance contact for Global CRA alignment · Coordinate delivery of applicable LRR data transfer to CRA · Design and execute a quality assurance program · Design and execute analyses of Compliance Risk to identify trends, themes and potential key risks · Design and deliver reporting results to synthesize complex data for senior management · Present results to senior management and regulators.
3. Risk & Control Self-Assessment (RCSA) · Coordinate the execution of the RCSA across Bank Compliance · Serve as primary Bank Compliance contact for Global RCSA alignment · Present results to senior management.
4. Annual Compliance Plan (ACP) · Manage ACP coordination for 2-3 legal entities across Bank Compliance and other stakeholders in Wealth Management, International Securities Group and Global Financial Crimes · Serve as primary liaison with Global Compliance for ACP · Draft ACPs including Key Risks, schedules of testing, training, policies and procedures, resources, and key regulatory issues · Manage the incorporation of changes based on feedback from subject matter experts and key stakeholders · Ensure the established method, consistency, style and terminology are standardized · Prepare and present ACPs to senior management and regulators · Assist in tracking progress to ACP throughout year · Draft quarterly ACP updates with changes, completions and status of the original plan.
Skills required · 10+ years of experience in Compliance, risk assessments, and/or financial services industry · Knowledge of OCC and CFPB regulations critical; FRB and FFIEC rules knowledge desired · Strong critical thinking and solution development skills · Strong analytical and project management skills · Ability to summarize and report on complex data in a concise manner · Excellent written and oral communication skills · Strong interpersonal skills with the ability to work with cross-functional teams and to interact with senior management and regulators directly · Demonstrated management of a team and processes · Demonstrated leadership ability · Independent thinker as well as a team player · Excellent skills in Microsoft Excel, Word and PowerPoint, and proficiency in SharePoint · Experience in developing visualizations to aid understanding of structured and unstructured data (e.g. Tableau, Qlikview or Business Objects) · Ability to manage multiple high-priority assignments simultaneously and perform in a fast-paced, dynamic environment · Thorough attention to detail and the ability to effectively follow up on outstanding items · Strong organization and time management skills.
Internal Number: 5436638
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