We are seeking someone to join the NFR Framework Conformance and UCM Program Team in the Legal and Compliance Division to support the NFR framework team in governance and execution of Unified Categorization Model (UCM) Change Management process.

In the Legal & Compliance division, we assist the Firm in achieving its business objectives by facilitating and overseeing the Firm's management of legal, regulatory and franchise risk. This is a Director level position.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you'll do in the role:

Governance and execution of Unified Categorization Model (UCM) Change Management process

Assist in execution of the NFR Quality Assurance Framework which includes qualitative review of NFRAC, Internal Incidents, Issues and Actions, External Incidents, & Controls.

Working closely with several Business Units to amicably resolve open QA findings and ensure adherence to stipulated SLAs.

Preparation of several monthly and annual data packs on, NFRAC risk profile, QA validation, NFRAC pre scoping packs and on demand ancillary data analytics support as an when needed.

Supporting execution of Operational Risk Capital processes like Capital Benchmarking, different types of variance analysis (Capital, Scenario Analysis, Internal Loss Data Variances).

Executing ORX consortium industry loss inbound and outbound process. Acting as subject matter expert to handle queries from ORX and participate in new data related industry projects.

What you'll bring to the role:

Bachelor's/Master's degree in Finance, Economics, or similar. Master's degree is a plus.

Around 6-9 years experience within the financial services industry/consulting firms, or similar industries subject to comparable regulatory and legal considerations.

Strong interest in financial services, risk management and reporting

A good understanding of operational risk concepts such as Issues, Risk and Control Asessment, Loss Incidents, Metrics. Knowledge around ORX consortitium industry loss data would be a plus

Experience with execution/calculations of capital estimates and scalars along with different variance calculations will be an added advantage.

Expertise in PowerPoint and Advance Excel. Good working knowledge of VBA, Tableau, SQL, Power BI is desirable.

Strong Analytical skills and attention to details

Excellent Communication skills, both verbal and written.

Strong organization skills with the ability to multitask and prioritize; ability to work under pressure and to tight deadlines.

Ability to collaborate and work across teams

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.