Legal Entity Risk Management, Vice President

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 42 countries, the firm’s employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com.

Firm Risk Management (“FRM”)
FRM supports Morgan Stanley in achieving 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 as a result of financial risks including credit, market, liquidity, and model risks.

Background on the Position
The role will reside within Firm Risk Management’s Chief Operating Officer (“COO”) area, which is a team that supports the Asia Chief Risk Officer (“CRO”), focusing on Regulatory Risk and Governance, Climate Risk, Stress Testing, Data Risk Management, Risk Reporting, Operational Controls and administration responsibilities. This is a regional role primarily responsible for supporting the COO in legal entity management and governance to ensure that the FRM department can function effectively. This role may also be responsible for supporting other COO functions and adhoc projects. The COO team has dedicated resources and is based across multiple locations in Singapore, Hong Kong & Tokyo and collaborates with the various risk stripes across the FRM department in Asia.

Key Responsibilities:

• Enhance and implement the legal entities risk management frameworks

• Promote best practices of risk governance across legal entities

• Drive interpretation of regulatory rules across different supervisory authorities including regulators by liaising with Compliance and Legal teams

• Review existing and new regulatory guidelines and engage with risk stripes to perform gap analysis and necessary implementation of rules

• Support the regional FRM teams in review and drafting of legal entity specific policies and procedures - Project management of areas focused on risk and regulatory priorities, including regulatory inquiries and submissions

• Ensure timely compliance with internal and external deadlines in relation to regulatory reporting, policies and stress testing

• Engage with FRM teams in other regions to ensure alignment in practices

• Participate in regional risk committees including oversight of materials, actions and minutes

• Undertake ad-hoc assignments in support of CRO and COO

Qualifications:

• Bachelor’s degree or equivalent

• Minimum 8-10 years of experience in handling similar responsibilities in a Financial Institution / Bank. Similar experience within the financial risk management function or audit function covering financial risk management would be an advantage

• Solid PowerPoint and Excel skills

• Able to collaborate with teams and stakeholders

• Able to effectively communicate with a wide range of stakeholders, both in written and verbally

• Able to tackle new assignments and take initiatives

• Strong attention to detail and able to distil technical information to produce concise and effective presentations

• An interest in working in a fast-paced environment, often balancing multiple deliverables FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views

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 - 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.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.

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.