Morgan Stanley
Global Non-Financial Risk Assessments & Control Program Lead
Morgan Stanley, New York, New York, United States, 10001
Non-Financial Risk Framework Manager
Morgan Stanley is a leading global financial services firm providing a wide range of 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. The professionals in the Legal and Compliance Division provide a wide range of services to our business units. LCD is made up of the Legal, Regulatory Relations, and Non-Financial Risk departments which preserve the firm's invaluable reputation for integrity and protect the firm from sanctions with policies and procedures that are designed to meet regulatory requirements around the world. We also strive to maintain cooperative relationships with governmental policy makers and the regulatory and self-regulatory agencies that govern the firm's businesses. Position: The role will reside within the Non-Financial Risk Framework Department. Non-Financial Risk is the risk of economic, reputational, regulatory, financial reporting, and client impact from failed or inadequate processes, data, or controls; from system changes, failures, disruption or other infrastructure and environmental factors; or from intentional or inadvertent actions of employees, contingents, or external parties. The NFR Risk Assessments and Controls program team defines the framework and requirements, including roles and responsibilities for the Firm-wide Non-Financial Risk Assessment and Controls Governance Programs. The team is the main point of coordination for the businesses and independent risk management teams in relation to these programs. The team monitors compliance with minimum standards, provides guidance, training, and support throughout the execution process. In addition, the team co-ordinates completion of the independent risk management review & challenge process. To perform this role successfully, a high level of interaction is required with business areas at all levels of the organization, and internally across Operational, Compliance, and Financial Crimes Risk. This role specifically focuses on leading the Global team and program, including definition and oversight of the strategic roadmap in partnership with divisions and support functions across the Firm. Responsibilities
Lead the strategic enhancement and modernization of the Non-Financial Risk (NFR) Framework Design innovative and forward-thinking risk framework components to drive real risk management value Challenge conventional thinking and bring creative, outside-the-box solutions to strengthen risk identification, mitigation, and reporting practices Translate complex risk concepts into clear, practical methodologies and tools used across the First and Second Lines of Defense Collaborate with cross-functional teams (Risk, Compliance, Technology, Legal, Business Lines) to co-create fit-for-purpose frameworks and controls Own program delivery, including project planning, execution oversight, and reporting for enterprise-wide risk transformation initiatives Build strong, trust-based relationships with senior leaders to align on strategic priorities and drive adoption of framework enhancements Establish and run governance structures, steering committees, and working groups to ensure timely decision-making and accountability Collaborate with Data and Analytics on unified categorization model, data visualization, data objects An undergraduate degree (B.A., B.S., or equivalent) is required. 10-15 years of experience in Financial Services is required. Strong technical understanding of the financial services regulatory environment, with a focus on Operational, Compliance, or Financial Crimes Risk is required. Excellent communication and influencing skills, both verbal and written, and an ability to present ideas concisely and visually are required. Proven track record of designing or leading strategic enhancements to risk or control frameworks is required. Adept at influencing senior stakeholders and aligning cross-functional teams in a matrixed environment. Excellent analytical skills and a strong ability to work with large data files and spreadsheets are required. Morgan Stanley is 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 - aren't just beliefs, they 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. At Morgan Stanley, 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. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet). Expected base pay rates for the role will be between $165,000.00 and $275,000.00 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, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
Morgan Stanley is a leading global financial services firm providing a wide range of 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. The professionals in the Legal and Compliance Division provide a wide range of services to our business units. LCD is made up of the Legal, Regulatory Relations, and Non-Financial Risk departments which preserve the firm's invaluable reputation for integrity and protect the firm from sanctions with policies and procedures that are designed to meet regulatory requirements around the world. We also strive to maintain cooperative relationships with governmental policy makers and the regulatory and self-regulatory agencies that govern the firm's businesses. Position: The role will reside within the Non-Financial Risk Framework Department. Non-Financial Risk is the risk of economic, reputational, regulatory, financial reporting, and client impact from failed or inadequate processes, data, or controls; from system changes, failures, disruption or other infrastructure and environmental factors; or from intentional or inadvertent actions of employees, contingents, or external parties. The NFR Risk Assessments and Controls program team defines the framework and requirements, including roles and responsibilities for the Firm-wide Non-Financial Risk Assessment and Controls Governance Programs. The team is the main point of coordination for the businesses and independent risk management teams in relation to these programs. The team monitors compliance with minimum standards, provides guidance, training, and support throughout the execution process. In addition, the team co-ordinates completion of the independent risk management review & challenge process. To perform this role successfully, a high level of interaction is required with business areas at all levels of the organization, and internally across Operational, Compliance, and Financial Crimes Risk. This role specifically focuses on leading the Global team and program, including definition and oversight of the strategic roadmap in partnership with divisions and support functions across the Firm. Responsibilities
Lead the strategic enhancement and modernization of the Non-Financial Risk (NFR) Framework Design innovative and forward-thinking risk framework components to drive real risk management value Challenge conventional thinking and bring creative, outside-the-box solutions to strengthen risk identification, mitigation, and reporting practices Translate complex risk concepts into clear, practical methodologies and tools used across the First and Second Lines of Defense Collaborate with cross-functional teams (Risk, Compliance, Technology, Legal, Business Lines) to co-create fit-for-purpose frameworks and controls Own program delivery, including project planning, execution oversight, and reporting for enterprise-wide risk transformation initiatives Build strong, trust-based relationships with senior leaders to align on strategic priorities and drive adoption of framework enhancements Establish and run governance structures, steering committees, and working groups to ensure timely decision-making and accountability Collaborate with Data and Analytics on unified categorization model, data visualization, data objects An undergraduate degree (B.A., B.S., or equivalent) is required. 10-15 years of experience in Financial Services is required. Strong technical understanding of the financial services regulatory environment, with a focus on Operational, Compliance, or Financial Crimes Risk is required. Excellent communication and influencing skills, both verbal and written, and an ability to present ideas concisely and visually are required. Proven track record of designing or leading strategic enhancements to risk or control frameworks is required. Adept at influencing senior stakeholders and aligning cross-functional teams in a matrixed environment. Excellent analytical skills and a strong ability to work with large data files and spreadsheets are required. Morgan Stanley is 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 - aren't just beliefs, they 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. At Morgan Stanley, 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. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet). Expected base pay rates for the role will be between $165,000.00 and $275,000.00 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, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.