Morgan Stanley
FRM Data Risk Governance and Reporting- Associate
Morgan Stanley, New York, New York, us, 10261
FRM Data Risk Governance and Reporting—Associate
Job title: FRM Data Risk Team Associate
Division: Risk Management
Role: Risk Data
Level: Associate
Location: New York
Firm: Risk Management
The Firm Risk Management (FRM) division supports Morgan Stanley to achieve its business goals by partnering with business units across the firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses because of credit, market, liquidity, operational, model, and other risks.
The FRM Risk Data team is responsible for developing and promoting data quality standards and governance, including monitoring the adherence of Risk Domains (e.g., Market, Credit, Liquidity) with the Firm’s Global Data Quality Policy and the Risk Data Aggregation Framework (based on the BCBS 239 regulatory standard). This Associate will join the New York based team focused on governing and reporting on adherence to data quality policies, procedures, and the framework, as well as maintaining governance documents and processes.
Responsibilities
Drive governance and reporting on adherence with the Global Data Quality Program and the Risk Data Aggregation Framework
Develop and update FRM Divisional Data Office & RDA Framework related policies, procedures, governance processes, and reporting, as needed
Support coordination, management and preparation for internal and external examinations, track and monitor audit deliverables
Ensure key risks and issues are identified, documented, mitigated, and communicated to the appropriate stakeholders in a timely manner
Prepare governance and reporting materials, including approval packages, for various senior management committees and forums
Qualifications
Bachelor’s degree or higher
3+ years of work experience in the financial services industry, preferably in data management, governance, and/or reporting
Knowledge of implementation of risk management policies, frameworks, and procedures; BCBS 239 knowledge preferred
Strong attention to detail, problem‑solving skills, and ability to provide information in usable formats
Ability to effectively communicate with a wide range of stakeholders, both written and verbally
Self‑motivated to develop expertise in risk management practice
Ability to run meetings with multiple stakeholders and business areas
Strong collaboration, relationship‑building and teamwork skills
Proficiency in Microsoft Office programs (Word, Excel, PowerPoint)
Benefits and Compensation Expected base pay rates for the role will be between $100,000 and $140,000 per year at the commencement of employment. The final base pay 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 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).
#J-18808-Ljbffr
The Firm Risk Management (FRM) division supports Morgan Stanley to achieve its business goals by partnering with business units across the firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses because of credit, market, liquidity, operational, model, and other risks.
The FRM Risk Data team is responsible for developing and promoting data quality standards and governance, including monitoring the adherence of Risk Domains (e.g., Market, Credit, Liquidity) with the Firm’s Global Data Quality Policy and the Risk Data Aggregation Framework (based on the BCBS 239 regulatory standard). This Associate will join the New York based team focused on governing and reporting on adherence to data quality policies, procedures, and the framework, as well as maintaining governance documents and processes.
Responsibilities
Drive governance and reporting on adherence with the Global Data Quality Program and the Risk Data Aggregation Framework
Develop and update FRM Divisional Data Office & RDA Framework related policies, procedures, governance processes, and reporting, as needed
Support coordination, management and preparation for internal and external examinations, track and monitor audit deliverables
Ensure key risks and issues are identified, documented, mitigated, and communicated to the appropriate stakeholders in a timely manner
Prepare governance and reporting materials, including approval packages, for various senior management committees and forums
Qualifications
Bachelor’s degree or higher
3+ years of work experience in the financial services industry, preferably in data management, governance, and/or reporting
Knowledge of implementation of risk management policies, frameworks, and procedures; BCBS 239 knowledge preferred
Strong attention to detail, problem‑solving skills, and ability to provide information in usable formats
Ability to effectively communicate with a wide range of stakeholders, both written and verbally
Self‑motivated to develop expertise in risk management practice
Ability to run meetings with multiple stakeholders and business areas
Strong collaboration, relationship‑building and teamwork skills
Proficiency in Microsoft Office programs (Word, Excel, PowerPoint)
Benefits and Compensation Expected base pay rates for the role will be between $100,000 and $140,000 per year at the commencement of employment. The final base pay 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 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).
#J-18808-Ljbffr