Executive Director, Enterprise-Wide Operational Risk Testing

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 greater than 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.

We are seeking a highly experienced and motivated individual to lead our Enterprise-Wide Operational Risk Testing team. A successful candidate will be responsible for developing and overseeing a Firmwide operational risk testing framework and program designed to cover the breadth of Morgan Stanley's businesses, products and geographical footprint.

Responsibilities:
- Leverage automation, analytics and AI to enhance the existing operational risk testing framework inclusive of risk-based approach to multi-year testing strategy and execution against strategy for various operational risk domains.
- Lead a team of operational risk testing professionals, providing guidance, mentorship, and support.
- Collaborate with various departments to ensure effective risk management practices are in place.
- Conduct regular risk assessments and testing to identify potential vulnerabilities and areas for improvement.
- Ensure compliance with relevant regulatory requirements and industry best practices.
- Prepare and present detailed reports on operational risk testing results to senior management and stakeholders.
- Stay up-to-date with the latest developments in operational risk management and testing methodologies. - Bachelor's degree in a related field; advanced degree preferred.
- Extensive experience in operational risk management, with a focus on third party risk management, fraud risk, business disruption and resilience, and transaction processing and execution risk.
- Background in analytics and working with large data-sets to perform data driven testing
- Strong leadership and team management skills.
- Excellent analytical and problem-solving abilities.
- Effective communication and presentation skills.
- Knowledge of regulatory requirements and industry standards related to operational risk management.

Required Years of Experience:
- A minimum of 10 years of experience in operational risk management or related fields, with at least 5 years in a leadership role.
Preferred Skills:
- Professional certifications in risk management or related fields (e.g., CRISC, CISA, CISSP).
- Experience with risk management tools and software.
-Ability to work in a fast-paced and dynamic environment.

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.

Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

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.