Non-Financial Risk BDR and Third Party Vice President

Morgan Stanley; Frankfurt; Vor Ort; EUR 80.000 - 100.000; Vollzeit

Zusammenfassung

A leading financial services firm in Frankfurt is looking for an experienced professional to manage Business Disruption and Resilience (BDR) risk and compliance. Candidates should have a strong background in financial services risk management and must hold a relevant undergraduate degree. You will be responsible for regulatory mapping, risk identification, and collaboration with various teams to enhance risk frameworks. This position offers the opportunity to work in a high-performing global environment with comprehensive employee benefits.

Leistungen

Comprehensive employee benefits

Flexible working arrangements

Qualifikationen

• Eight or more years of relevant financial services risk management experience required.
• Solid understanding of third-party and BDR related regulations.
• Strong knowledge of business disruption controls and continuity planning.

Aufgaben

• Manage BDR and Third‑Party risk and regulatory identification.
• Monitor MSESE Group risk appetite for BDR and Third‑Party risk.
• Contribute to regulatory compliance mapping against policies.

Kenntnisse

Financial risk management

Regulatory compliance

Analytical skills

Communication skills

Problem-solving skills

Ausbildung

B.A., B.S. or equivalent undergraduate degree

Tools

MS Office

Jobbeschreibung

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.

Non‑Financial Risk Organization Overview

The second‑line Non‑Financial Risk (NFR) organization includes the Compliance, Global Financial Crimes and Operational Risk departments and provides a single comprehensive and consistent second‑line view of these non‑financial risks. Non‑Financial Risk encompasses risks that are not financial in nature and could have a potential economic, reputational, regulatory, financial reporting or client impact from (i) failed or inadequate processes, data or controls; (ii) infrastructure or environmental factors; or (iii) intentional or inadvertent actions of employees or external parties. The second‑line NFR organization partners with the first‑line business units to advise, train, manage, report, identify, analyze and escalate non‑financial risks.

Role Overview

The role will reside within the Non‑Financial Risk Department with primary responsibility for Business Disruption and Resilience (BDR) Compliance and Risk Management (collectively BDR NFR) and Third‑Party risk coverage for the MSESE Group. It reports into the Head of Operational Risk Department of MSESE Group and EMEAL Head of Third‑Party and BDR NFR. The individual will partner closely with the global Third‑Party and BDR team to collectively set standards and implement the global framework at MSESE Group. This role will drive the evolution and transparency of the underlying frameworks managing BDR risk and regulatory compliance, support adoption of industry leading practices, introduce new controls and processes, and bolster the existing frameworks. Key responsibilities include regulatory interpretation, rule mapping to framework risk metrics, deep dives and analyses of concentration and risk assessments, and day‑to‑day oversight of these risks across MSESE Group’s business units and support functions.

Responsibilities

• Manage BDR and Third‑Party risk and regulatory identification, measurement and escalation in support of the MSESE Group NFR management.
• Monitor MSESE Group risk appetite and tolerances for BDR and Third‑Party risk against established tolerance levels.
• Contribute to regulatory compliance mapping against policies and procedures, acting as legal entity subject‑matter expert and maintain change management process for new and emerging regulations.
• Help prepare reporting to MSESE Group risk governance committees and boards.
• Lead reviews and challenge other reviews of material operational risk events and analyses of thematic operational risks stemming from third parties or BDR.
• Collaborate with 2LOD partners to establish appropriate metrics and analytical tools to support the measurement of risks.
• Lead and manage MSESE Group scenario analysis activities where significant Third‑Party or BDR risks are assessed.
• Oversee risk assessments and monitor data used to identify heightened risk and help develop risk remediation requirements.
• Work closely with second‑line regional and firm counterparts and leads of other risk areas to ensure alignment of strategic risk management initiatives.
• Partner with first‑line programs and Business Units to develop a perspective on BDR and Third‑Party risks and ensure consideration of evolving regulatory expectations.
• Work collaboratively in a high‑performing global team responsible for identifying, assessing, reporting and capturing risk information.
• Build solid relationships across divisions and control groups.

Qualifications

• B.A., B.S. or equivalent undergraduate degree required.
• Eight or more years of relevant financial services risk management experience; exposure to sourcing / procurement supply chain risk management preferable.
• Solid understanding of third‑party and BDR related regulations and industry frameworks, especially relating to operational risk management.
• Strong knowledge of business disruption controls, including continuity planning, system and data recovery.
• Strong risk process and control validation and/or assessment skills – prior role within consulting, second‑line or internal audit covering risk processes is desirable.
• Familiarity with relevant regulations.
• Ability to work on challenging assignments in a dynamic environment, synthesize information, distil relevant facts and reach logical conclusions.
• Demonstrated ability to prioritize competing responsibilities, work under pressure, meet challenging deadlines and build and maintain effective business relationships.
• Strong analytical and problem‑solving skills.
• Solid understanding of technology‑related regulations and industry frameworks, especially relating to operational risk management.
• Strong organization skills, ability to multitask and prioritize; ability to work under pressure and to tight deadlines.
• Excellent communication skills, both verbal and written; ability to present ideas concisely and persuasively with tailoring to technical and non‑technical audiences.
• Proficient in MS Office applications (e.g., Word, Excel, PowerPoint).

What You Can Expect from Morgan Stanley

We are committed to maintaining first‑class service and a 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 – guide the decisions we make every day. You’ll work alongside the best and brightest in a collaborative, creative environment that values diverse backgrounds and experiences. Our employees and their families benefit from some of the most attractive and comprehensive employee benefits and perks in the industry.

Additional Information

Certified Persons Regulatory Requirements: If this role is deemed a certified role, the holder may need to meet mandatory regulatory qualifications or internal company benchmarks.

Flexible Work Statement: 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‑opportunity employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce reflects a variety of backgrounds, talents, perspectives and experiences, and our commitment to inclusion is evident through our recruitment, development and advancement policies.