Operations Transformation Risk Governance Vice President
: Job Details :


Operations Transformation Risk Governance Vice President

Morgan Stanley

Location: Mankato,MN, USA

Date: 2024-10-15T22:22:19Z

Job Description:

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.

Morgan Stanley Operations Risk & Regulatory Control (ORRC) partners across Global Operations and other Firm Divisions to identify and mitigate risk; understand and ensure compliance with regulatory requirements; provide a strategy and framework for resilience; and support the Firm's financial and operational well-being. The ORRC team structure is made up of Global Operations Resilience, Global Control Operations, Disclosure of Interest, Regulatory Operations, Change the Bank, Risk Management and Chief Administration Office.

Within the Global Operations Resilience team, an opportunity has arisen for an experienced professional to join a newly established governance program, focused on providing the Operations Division risk oversight of the adoption and use of transformation/productivity tools.

Operations Resilience - Transformation Governance, Vice President (VP)

This VP will report into the Transformation Governance Program Lead and will support establishment and execution of a risk governance program within Operations. The function will provide governance services to Operations in support of the adoption and use of citizen-developed, low-code-no-code (LCNC) transformation tools. These tools drive productivity and efficiency, outside of the traditional Software Development Lifecycle (SDLC).

Responsibilities Of This Role Will Include The Following Initiatives:
  • Partnering with the Transformation Governance Program Lead, and other internal senior stakeholders to assist in establishing a governance program for transformation tooling within Operations.
  • Support the development of internal policy requirements and procedures to document the operating parameters to ensure controlled adoption and use of transformation tooling.
  • Support the Transformation Governance Program Lead to develop appropriate tooling to inventory and risk assess citizen-led tools.
  • Monitor and seek continuous improvement opportunities in the metrics reporting capabilities to deliver low-overhead insight into the transformation tools used within the Division.
  • Conduct reviews of compliance with governing standards for new and existing transformation tools.
  • Collaborate on the development of training on transformation capabilities (tools, governance and regulatory expectations) across the Division.
  • Lead senior-level governance meetings across Operations Divisional leads.
  • Support Global Ops in transformation engagement with internal Firm Divisions.
  • Partner with Central Transformation to review and risk assess new tools.
  • Track delivery of efficiency and control improvements gained through new tool adoption.
  • Participate in the development of 'Lessons Learned' from internal and external use cases of transformation tools.
  • Ensure Program scalability to meet current & future needs.
  • Support Operation execution of the transformation platform strategy.
  • Provide responses to internal (Audit) and external (regulatory) inquiries, as needed.
  • Minimum Requirements:

    • Bachelor's degree or more with 8+ years of financial industry experience.
    • Experience leading a large-scale governance program.
    • Understanding of transformation tools, and their application in driving efficiencies.
    • Strong understanding of the risks associated with transformation tool adoption.
    • Strong written and verbal communication skills with executive presence.
    • Relationship-building and influencing skills.
    • Front to Back Operations experience/knowledge.
    • Ability to work independently and as part of a team, multi-task and meet deadlines.

    Role is Hybrid and will require in-office attendance 3 days/week.

    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).

    Expected base pay rates for the role will be between 115000 and 145000 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.

    Posting Date: Feb 2, 2024

    Primary Location: Americas-United States of America-Maryland-Baltimore

    Education Level: Bachelor's Degree

    Job: Other

    Employment Type: Full Time

    Job Level: Vice President

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