Division: Risk Management

Role: Firm Risk Management – Divisional Data Office (DDO)

Level: Executive Director

Location: Mumbai

Firm Risk Management

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 Morgan Stanley Risk team within the Firm Risk Management (FRM Division. Risk Data (FRM Divisional Data Office) is responsible for the development and implementation of data quality standards across the division. This team governs and monitors risk domains (Credit risk, Market risk, Liquidity risk) to evidence compliance with Risk Data Policy and the BCBS 239 Principles.

The team collaborates across FRM functional and data teams, supporting Data Quality Governance Councils (DQGCs), Firmwide Data Office (FDO), Operational Risk Division (ORD) Technology partners (e.g., system owners), other Divisional Data Offices within Morgan Stanley and subject matter experts (SMEs) to oversee management of data owned and/or consumed by FRM.
  

The team is responsible for contributing to the Global Data Quality Policy, developing procedures to implement this policy within FRM and for reviewing proposed country, legal entity or risk domain specific Risk Data policies or procedures to ensure congruency and alignment across FRM.

The team seeks an Executive Director for a Mumbai-based global functional role within the FRM Divisional Data Office. The selected candidate will lead a team focused on partnering with Risk Domains, Risk Reporting and Technology teams to develop and drive strategic solutions for process efficiency and data quality/data management challenges across FRM.

The team's remit also includes initiatives related to the Firm's overall compliance with RDA principles as well as FRM’s  compliance with the Global Data Quality Policy

Primary Responsibilities

Lead a team to drive execution of prioritized data initiatives in compliance with the Global Data Policy and BCBS239 requirements across FRM Govern and advise risk domains to identify and document data ownership, data authorities and data quality controls for prioritized data Enhance and implement procedures for implementation of Global Data Quality Policy in FRM Develop and present key metrics relating to data governance and data management in key governance forums Liaise with other stakeholders in the firm on data quality/data management issues and provide inputs to improve the overall data governance framework in the firm Identify opportunities for process improvements and efficiencies and lead execution of these initiatives Mentor/coach junior team members, provide supervisory oversight, co-ordinate tasks of junior team members and escalate issues as necessary

Experience, Qualifications

Possess Bachelor’s or Master’s degree in Finance, or a related discipline15+ years of work experience in the financial services industry preferably in risk management, finance, operation or equivalent experienceStrong understanding of risk management concepts and financial products, particularly with respect to commercial financial market dataKnowledge and exposure to US, EMEA and UK financial regulations including BCBS 239 and Basel III pertaining to risk data aggregation/reporting is preferredThe ability to communicate with a wide range of stakeholders effectively and thoughtfullyStrong organizational and project management skillsStrong Excel and PowerPoint skills

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.