Non-Financial Risk (NFR) Associate/ Senior Associate

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.

Morgan Stanley Investment Management (“MSIM”) is one of the largest global asset management organizations of any full-service securities firm, with more than 40 years of history, a presence in 23 countries, and a total of $1.4trillion in assets under management. MSIM strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.

Investment Management’s Global Risk & Analysis department has an open position for a Associate or Senior Associate position based in Boston. The position will report into an Officer of Global Risk & Analytics and will interface with business partners and stake holders across the organization. In addition to the responsibilities laid out below, the successful candidate will play a support role in delivering projects, ranging from short-term strategic assessments to large-scale change risk initiatives.

Responsibilities:

• Provide non-financial risk (NFR) coverage support across a wide spectrum of businesses and products in alignment with Morgan Stanley’s Non-Financial Risk Management program framework including operational resiliency, incident management, system administration, vendor oversight, and information security.
• Support operational resiliency reviews to identify and understand third party technology and business stability risks and document on business impact.
• Document resilience test scenarios (business and technical) and interpret results.
• Engage with subject matter experts specializing in applications, hardware, networks, and third parties/vendors to ensure resilience priorities are addressed and incorporated.
• Collaborate with stakeholders in the design and implementation of divisional resilience priorities to support the NFR team and assist in the development of procedures and documentation.
• Distill complex information and concepts to create impactful presentations intended for risk committees, senior management, and regulators.
• Provide project management support/oversight as it relates to project direction, planning, schedule/deadlines, and documentation, to progress as well as effectively communicate status of multiple high priority NFR projects.
• Assist with enhancements and innovation efforts for both NFR reporting and priority management.
• Partner with our broader NFR team to align on stakeholder communication, resolve conflicts and manage risk, issue, and dependency escalations.
• Develop and distribute project(s) status, meeting notes/minutes, and necessary metrics to working groups and senior steering committees proficiently utilizing today’s collaboration/presentation tools (i.e., Teams, OneNote, PowerPoint, etc.,)
• Involvement in other projects and duties as assigned.

Qualifications

• 3-6 years of financial services experience preferable
• Undergraduate degree in business, finance, accounting or other disciplines demonstrating both quantitative and qualitative analytical skills.
• Previous experience with technology controls programs and risk domains, (e.g. change management, SDLC, information security practices, risk management frameworks)
• Excellent communication (written, verbal and presentation) and relationship-building skills.
• Must be proactive, self-motivated individual, with an excellent work ethic, strong-ability to multi-task within a fast-paced environment and calm under pressure.
• Technical skills including Excel, PowerPoint, and other end user computing tools.
• Effective project management skills.
• Proficiency with collaboration tools (e.g. Teams, OneNote) and flowchart / diagramming software (e.g. Visio) is a plus.

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.

Expected base pay rates for the role will be between $115,000 and $135,000 per 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).