ORD Finance Coverage Lead, VP

Operational Risk Division Role

The professionals in the Legal and Compliance Division (LCD) provide a wide range of services to our business units. LCD is made up of the Legal, Regulatory Relations, and Non-Financial Risk (NFR) departments which preserve the firm's invaluable reputation for integrity and protect the firm from sanctions with policies and procedures that are designed to meet regulatory requirements around the world.

We also strive to maintain cooperative relationships with governmental policy makers and the regulatory and self-regulatory agencies that govern the firm's businesses.

Operational Risk refers to the risk of financial or other loss, or potential damage to a firm's reputation, resulting from inadequate or failed internal processes, people, systems, or from external events (e.g., fraud, legal and compliance risks or damage to physical assets). Management works with the business units and control groups to help ensure Morgan Stanley has a transparent, consistent, and comprehensive program for managing operational risk, both within each area and across the firm globally.

This group designs, implements and monitors the company-wide operational risk program.

• Act as ORD global independent oversight lead covering Finance Department
• Serve as main point of contact between ORD and Global Finance Department
• Review operational risk incidents to determine whether respective remediation efforts are sufficient to mitigate risk of material errors
• Perform analysis to identify processes and controls that require enhancements to reduce risk
• Execute quality assurance of the Non-Financial Risk Assessment (NFRA) specifically, help ensure that Global Finance Department has properly assessed its risk and controls
• Perform scenario analysis to quantify stress losses
• Develop and monitor operational risk metrics & investigate breaches

• Bachelor's degree required;
  Master's degree or higher is preferred
• Minimum of 10 years overall experience working in capital markets or respective support function
• Minimum of 5 years of direct experience working in a Finance department supporting capital markets or related support function (product control, valuation control, or legal entity reporting)
• Excellent communication skills, both verbal and written; ability to produce concise and effective presentations
• Experience verbally presenting complex issues to senior audiences in a concise and coherent manner
• Ability to work independently and have the interpersonal skills required to establish effective internal relationships
• Ability to work on multiple projects simultaneously

Salary range for the position : $95,000 and $165,000 per year. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and X Vacation Days annually), 10 Paid Holidays, 401(k), and Short / Long Term Disability, in addition to other special perks reserved for our employees.

Please visit  to learn more about our benefit offerings.

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.