Were seeking someone to join our team as a Director to be responsible for supporting the ongoing development implementation and management of the Firms third party risk management program.
In the Corporate Services division we empower our businesses by creating collaborative workplace solutions and commercial services that enhance the employee and client experience while optimizing the value of our sourcing and thirdparty lifecycle to enable the Firm to doandwin business. This is a Director level position within the Third Party Risk Management team which specializes in identifying analyzing and managing risks presented to a company as a result of working with external parties / vendors.
Since 1935 Morgan Stanley is known as a global leader in financial services always evolving and inovating to better serve our clients and our communities in more than 40 countries around the world.
What youll do in the role :
Support Morgan Stanleys Business Units in identifying and managing Third Party risks in accordance with the Firms TPRM framework coordinating with other functional and regional TPPM teams as required
Monitor and assess Business Units adherence to policies standards and procedures
Review proposed new and changes to existing outsourced services and partner wit
Business Units to ensure required procedures are followed standards are met
Track investigate and report on Third Party incidents and events which impact or pose a risk to Morgan Stanley coordinating with global TPPM teams and impacted Business Unit
Identify and escalate risks and issues for resolution escalating to the Regional and Global Head as appropriate and working with the Businesses and Support Functions to investigate manage and mitigate
Provide support to the TPPM teams response to any upcoming changes and challenges in the global regulatory landscape
Ensure that due diligence and risk assessments are performed for all third-party services as well as impacted jurisdictions
Monitor and reporting on program metrics that measure against agreed upon SLAs including monthly scorecards and performing trend analysis
What youll bring to the role :
At least 5 years in third party management or equivalent experience
Experience in Global Banking or Financial Services organizations preferably in roles relating to Internal control and risk management
Strong risk management and analytical capabilities along with the ability to translate data analysis into actions and results for Senior Management
Excellent English writing skills with ability to flex messaging to audience is required
Strong project management skills including ability to coordinate with crossfunctional teams across the globe with varied backgrounds and skills
Excellent communication and presentation skills and proven ability to effectively interact with team members Business Units and peers earning their trust and establishing credibility
Strong understanding of multijurisdictional regulatory requirements for managing Third Party and outsourcing risk in Financial Services organizations
Experience in developing and maintaining process and procedural documentation
Bachelors degree or equivalent combination of training and experience
Strong proficiency in Microsoft PowerPoint and Word
Ability to work in a global team environment building and maintaining a network of contacts and coordinating with a large number of stakeholders
At least 4 years relevant experience would generally be expected to find the skills required for this role.
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 - arent just beliefs they guide the decisions we make every day to do whats best for our clients communities and more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll 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. Theres also ample opportunity to move about the business for those who show passion and grit in their work.
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Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds talents perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting developing and advancing individuals based on their skills and talents.
Required Experience :
Director
Key Skills
Category Management,Athletics,Customer,ABAP,Hydraulics,ITI
Employment Type : Full-Time
Experience : years
Vacancy : 1
Risk Management • Mumbai, Maharashtra, India