Firm Risk Management Central Regulatory Risk Function Associate

Morgan Stanley
New York, US
Full-time

Firm Risk Management Central Regulatory Risk Function Associate

Job Number : 3250572

3250572

Posting Date

Aug 15, 2024

Primary Location

Europe, Middle East, Africa-Hungary-Budapest-BudapestEducation Level : Bachelor's Degree

Risk COOEmployment Type : Full TimeJob Level : Associate

Description

Firm Risk Management Central Regulatory Risk Function Associate

Firm Risk Management (FRM) 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 as a result of credit, market, liquidity, operational, model and other risks.

Background on the Position

The role will reside within the Regulatory Risk Function that sits in Firm Risk Management’s (FRM) Chief Operating Office function.

The Regulatory Risk Function is at the nexus of risk stripes globally and has several responsibilities that help to manage the regulatory risk faced by the department.

It is responsible for managing regulatory exams relating to the Firms registered swap dealer entities and general tracking and reporting of progress against regulatory deliverables.

Further, it coordinates advocacy and horizon-scanning efforts relating to new regulatory requirements and addresses associated business impact via self-assessments.

Finally, it oversees the development of the FRM policy, procedure, and governance frameworks that bind these efforts together.

The ideal candidate will possess a willingness to learn about risk management, U.S. regulation and its business impact, and is a natural communicator who possesses fine attention to detail.

This position offers an excellent opportunity for growth, providing exposure to all areas within FRM.

We offer :

  • The chance to work in the Risk department of one of the world's top tier Financial Institutions and gain first-hand insight into our business
  • A competitive compensation and benefit package
  • Flexible working arrangements : core hours and opportunity to work from home 50% of the month
  • Professional development opportunities including access to Morgan Stanley's world-class internal trainings, financial and study-leave support for selected professional qualifications
  • Support in your career development by providing mentoring opportunities
  • A supportive, vibrant, and open-minded multinational environment, where your ideas are taken seriously. We accept individual differences and believe in teamwork
  • Different roles from Analyst to VP level based on prior experience

You will :

  • Prepare and analyze reporting for senior management to identify key themes or trends related to regulatory exams, internal audits, and department wide initiatives
  • Assist in coordinating Risk Control Self-Assessment execution across FRM
  • Project management on ad-hoc cross-FRM regulatory requests
  • Listen to calls with regulators and highlight emerging concerns to risk managers

Qualifications

30+ days ago
Related jobs
Morgan Stanley
New York, New York

Firm Risk Management Summer Analyst Program - Quantitative Risk (New York)Have you ever wondered how banks manage the many evolving risks they face? At Morgan Stanley, our Firm Risk Management Division identifies, measures, monitors, and controls risks. Some of those risks include, but are not limit...

Morgan Stanley
New York, US

Firm Risk Management (FRM) 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 as a result of credit, market, liq...

Pelham Berkeley Search
New York, New York

High Profile mid-sized Asset Management firm seeks. In summary, within the Risk Management team you will focus on . Conclude with an inherent risk rating and residual risk rating, document all analysis and evaluations throughout the process, create a results report, and finally ensure that new ...

Scotiabank
New York, New York

Creates an environment in which the team pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk ...

00002 Citibank, N.A.
New York, New York

Strongly preferred prior experience and understanding of one or more risk management disciplines in a large global bank environment ( operational risk, credit risk, market risk, risk identification and assessment, risk appetite, etc. Risk Wealth Program Management leader in the Risk Program Manageme...

Morgan Stanley
New York, US

The group teams up with the various business units as well as the Firm Risk Management group to implement control processes and procedures and protect the firm from exposure to various risks including operational, credit, investment, trading, reputational and model risk. Wealth Management Risk is re...

TSR
New York, New York

GRM manages and continues to enhance Enterprise Risk Management, Internal Control, Business Continuity, Crisis Management, and Corporate Insurance frameworks and programs. The Enterprise Risk Management (ERM) team within GRM is seeking a Technology Risk & Controls Manager to support several operatio...

Morgan Stanley
New York, US

Firm Risk Management (FRM) 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 as a result of credit, market, liq...

Deloitte
New York, New York

Our cross-functional Financial Services industry group comprises more than 2,500 partners, managers, and staff and provides a broad spectrum of services to address the operational, technological, regulatory, and risk management challenges faced by financial services clients across sectors, including...

TSG Risk Management
New York, New York

Min 4-5 years experience in Desktop Support.We are seeking a skilled Desktop Support Technician to join our team.The ideal candidate will provide technical assistance and support for incoming queries and issues related to computer systems, software, and hardware.Install, configure, and troubleshoot ...