Operational Risk & Control Testing, WM Risk Analyst, Wealth Management

About Us: 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. 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 superior foundation for building a professional career - 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. MS Wealth Management (MSWM) Operational Risk: The Morgan Stanley Wealth Management (MSWM) Operational Risk group is responsible for overseeing the operational risk and control framework across the Wealth Management business unit. This team partners with Business Risk and Control groups throughout the organization to execute independent risk monitoring functions, implement control processes and procedures, report operational losses, manage various audit and compliance exams, organize the annual Risk and Control Self-Assessment (RCSA) and coordinate new operational risk programs in partnership with the business as well as Firm Operational Risk Management. Key Responsibilities will include, but not limited to the following: This role will challenge the status-quo to uncover and realize efficiencies, accept accountability for persistent improvement, and leverage our broad spectrum of expertise to detect unknown control gaps through a robust testing program. Specific duties within the WM Operational Risk team will include: * Define and execute test scripts across a wide variety of Wealth Management functions; targeting key controls that mitigate inherently critical risks * Identify opportunities for operational improvement and assist with corresponding change management activities, including root cause analysis, issue and action plan definition, requirements development, etc. * Support a variety of operational risk management initiatives and special projects, including issue and action plan tracking, incident management, business activity monitoring, management reporting, audit inquiry response, targeted remediation support, etc. * Support preparation of monthly, quarterly and annual metrics based on team activities and corresponding communication with key stakeholders * Identify opportunities for internal team efficiency gains and support the development and maintenance of team procedures, risk management tools and data repositories Qualifications: A successful candidate will understand operational risk management concepts and be able to support a variety of operational risk management initiatives and special projects. Deliverables can be related to ad-hoc and unanticipated requests, so a successful candidate must be able to manage changing priorities, make sound decisions, complete their assignments and communicate immediately where there are potential risks to on-time delivery. Attention to detail and accuracy is critical, given the executive audience for much of the team’s work. A candidate needs to be collaborative and able to build effective working relationships with all levels of employees across the organization. Specific qualifications required are: * 0.6 to 2 years of experience in Financial Services, preferably within operational risk disciplines (e.g., testing, control validation) * Strong project management skills with the ability to work independently (candidate should be self-motivated with strong analytical and problem-solving skills) * Ability to work in a small team environment, build and maintain a network of contacts and coordinate with a large number of stakeholders * Solid interpersonal skills, including written and verbal communication, are required * Strong organizational skills with the ability to multitask, prioritize and work under pressure and to tight deadlines * Strong analytical and problem-solving skills (critical thinking ability) * Advanced knowledge of Microsoft Office suite, emphasis in Excel and PowerPoint * Qualified Accountant with audit experience and control testing background WHAT YOU CAN EXPECT FROM MORGAN STANLEY: At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 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 opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents. Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences. For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.