Wealth Management Operational Risk - Non-Financial Risk Assessment AVP

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. With offices in more than 41 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture. This role will provide broad exposure to functions and business lines within Wealth Management. The primary focus will be on mitigating risk and improving the control environment in Wealth Management. Specific duties will include: Assist in coordinating Non-Financial Risk Assessment (NFRA) activities across Wealth Management Business Units Work closely with Business Risk group partners to ensure that operational risks are reported in a timely, accurate and thoughtful manner to appropriately inform residual risk profiles Work closely with Operational Risk partners and Business Risk group partners to ensure the data quality of risks and controls are updated timely, in line with firm guidelines Assist with metrics and analysis for senior management, which allows the ability to identify and track thematic operational risks Perform analysis of NFRA and related Operational Risk data for quality assurance, and challenge the business on their risk profile Partner closely with our control testing team, ensuring the outcome of testing feeds appropriately into the risk profile Support ad-hoc projects to ensure appropriate solutions and/or analysis is delivered on-time and to a high level of quality