VP, Regulatory Risk Management - Risk COO - Morgan Stanley

DescriptionBackground on the PositionThe 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 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 an understanding of 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.Primary Responsibilities> Serve as a consultant across FRM risk stripes on regulatory and audit matters with a focus on responses to ongoing monitoring requests, exams, and reviews
> Assist with the production of materials for senior management related to regulatory exams, department wide initiatives, and internal audits> Listen to calls with regulators and highlight emerging concerns to risk managers> Collaborate across FRM to develop and author remediations plans in response to regulatory concerns with a focus on responsiveness, completeness, accountability, and sustainability> Coordinate rule change management processes within FRM including applicability analysis and advising on self-assessmentsQualificationsExperience> Bachelor's degree required > Comfort communicating with a wide range of stakeholders, both written and verbally> Strong attention to detail and ability to provide information in comprehensible formats> Regulatory relations experience or former regulator> Inquisitive with a focus on information sharing> Interested in balancing multiple projects effectively and delivering under tight deadlines > Experience in MS Office and related applications (PowerPoint, Excel, Word)Expected base pay rates for the role will be between $110,000 and $190,000 year at the commencement of employment.  However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence
Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools
We want to be the first choice for prospective employees.It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).Job Field: Risk COO