Morgan Stanley
Wealth Management Privacy Risk Specialist
Morgan Stanley, Purchase, New York, United States, 10577
Overview
The Wealth Management (WM) Chief Data Office (CDO) sits within the WM Risk organization and strives to balance risk management with business enablement. WM CDO’s mission is to prevent unauthorized access to or misuse of client-sensitive data and assets; abide by privacy laws and regulations; effectively retain, retrieve, and protect information and records; and mitigate risks caused by inaccurate, untimely, or incomplete WM data.
The Privacy Risk Team within WM CDO is responsible for ensuring WM is compliant with increasingly complex U.S. and international consumer privacy laws. The team works to reduce regulatory and reputational risk while enabling the WM business to grow and achieve its strategic objectives.
Role Description The WM Privacy Risk Team seeks an attorney with experience handling U.S. and international privacy matters to advise business stakeholders on the privacy implications of in-flight and proposed activities. This individual will consult on requirements and restrictions regarding the collection, use, storage, and sharing of sensitive client, consumer, and employee information, including with respect to Morgan Stanley’s potential expansion to new jurisdictions and increased usage of artificial intelligence. This individual will work cross-functionally with centralized privacy legal and compliance teams, business area legal coverage teams, business process and product owners, and technology partners. A successful candidate will have strong problem-solving skills and an ability to marry legal guidance with an appreciation for business priorities and the complexity of control implementation.
Key Responsibilities Include
Provide subject matter expertise regarding applicable privacy regulations, laws, and industry standard procedures and controls
Assist with gap analysis and advise on required controls in the wake of new or amended regulations and laws
Advise Business stakeholders on privacy-related issues in products and services
Guide Business stakeholders and consult with legal and compliance colleagues to ensure the Privacy Impact Assessment process for WM systems, models, and third-party services is efficient, comprehensive, and effective at identifying risks and control requirements
Consult on data subject access rights requests as needed
Produce guidance and assist with training initiatives as needed
Qualifications
J.D. with 5-7 years of relevant experience
In-depth knowledge of data privacy compliance laws including, but not limited to, GDPR, CCPA/CPRA, GLBA, FCRA, etc.
Working knowledge of digital privacy technologies and practices, including cookie consent frameworks, tracking technologies, and preference management tools
Experience advising all levels of an organization on privacy considerations and control implementation
Excellent written and verbal communication skills with the ability to translate complex legal concepts into practical business guidance
Proven track record of meeting deadlines, quick learning, resourcefulness, and taking on additional responsibility
Familiarity with the financial services industry; preferably in wealth management
Comfort challenging and escalating risks and decisions
Willingness to be flexible and agile when shifting business priorities or external forces impact team coverage needs
Ability to work collaboratively on a team, supporting and championing both individual and team success
What You Can Expect From Morgan Stanley We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. 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 to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. 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.
Compensation Expected base pay rates for the role will be between $110,000 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 may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
Equal Employment Opportunity Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet). 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.
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The Privacy Risk Team within WM CDO is responsible for ensuring WM is compliant with increasingly complex U.S. and international consumer privacy laws. The team works to reduce regulatory and reputational risk while enabling the WM business to grow and achieve its strategic objectives.
Role Description The WM Privacy Risk Team seeks an attorney with experience handling U.S. and international privacy matters to advise business stakeholders on the privacy implications of in-flight and proposed activities. This individual will consult on requirements and restrictions regarding the collection, use, storage, and sharing of sensitive client, consumer, and employee information, including with respect to Morgan Stanley’s potential expansion to new jurisdictions and increased usage of artificial intelligence. This individual will work cross-functionally with centralized privacy legal and compliance teams, business area legal coverage teams, business process and product owners, and technology partners. A successful candidate will have strong problem-solving skills and an ability to marry legal guidance with an appreciation for business priorities and the complexity of control implementation.
Key Responsibilities Include
Provide subject matter expertise regarding applicable privacy regulations, laws, and industry standard procedures and controls
Assist with gap analysis and advise on required controls in the wake of new or amended regulations and laws
Advise Business stakeholders on privacy-related issues in products and services
Guide Business stakeholders and consult with legal and compliance colleagues to ensure the Privacy Impact Assessment process for WM systems, models, and third-party services is efficient, comprehensive, and effective at identifying risks and control requirements
Consult on data subject access rights requests as needed
Produce guidance and assist with training initiatives as needed
Qualifications
J.D. with 5-7 years of relevant experience
In-depth knowledge of data privacy compliance laws including, but not limited to, GDPR, CCPA/CPRA, GLBA, FCRA, etc.
Working knowledge of digital privacy technologies and practices, including cookie consent frameworks, tracking technologies, and preference management tools
Experience advising all levels of an organization on privacy considerations and control implementation
Excellent written and verbal communication skills with the ability to translate complex legal concepts into practical business guidance
Proven track record of meeting deadlines, quick learning, resourcefulness, and taking on additional responsibility
Familiarity with the financial services industry; preferably in wealth management
Comfort challenging and escalating risks and decisions
Willingness to be flexible and agile when shifting business priorities or external forces impact team coverage needs
Ability to work collaboratively on a team, supporting and championing both individual and team success
What You Can Expect From Morgan Stanley We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. 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 to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. 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.
Compensation Expected base pay rates for the role will be between $110,000 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 may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
Equal Employment Opportunity Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet). 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.
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