Finance Outsourcing Governance & Control (FOGC)

96 Morgan Stanley UK Ltd; Manchester; On-site; GBP 110,000 - 170,000; Full time

Job summary

Morgan Stanley's Finance Outsourcing Governance & Control function in the UK seeks a Director (P3) to lead outsourcing governance activities, ensure regulatory alignment, and drive improvements across finance outsourcing arrangements.

You will engage senior stakeholders, translate regulatory requirements into practical controls, coordinate risk assessments, and deliver timely reporting using data analytics and advanced Excel, PowerPoint and Word capabilities.

Qualifications

• Knowledge of outsourcing governance, third-party risk, or comparable control environments within financial services is desirable.
• Ability to interpret regulatory and policy requirements and apply them in practice.
• Analytical and problem-solving skills with the ability to develop practical solutions.
• Strong written and verbal communication, capable of addressing senior and technical audiences.
• Proven ability to influence management decisions and escalate material issues promptly.
• Excellent organizational skills with ability to manage priorities and deliver high-quality outcomes on time.
• Advanced Excel skills for data analysis, reconciliation, and large data sets; proficiency in PowerPoint and Word.
• Experience with Copilot or AI-enabled productivity tools is desirable.

Responsibilities

• Manage and coordinate key FOGC governance activities, ensuring regulatory alignment and Firm policy adherence.
• Lead periodic review and annual validation of outsourcing arrangements, coordinating senior functional reviews and remediation plans.
• Interpret regulatory and policy requirements and translate them into practical governance processes, controls and guidance.
• Build relationships across Finance, Compliance, business functions and global teams; provide guidance to senior stakeholders.
• Coordinate outsourcing risk assessments and review submissions, challenging assumptions and escalating material gaps.
• Lead responses to regulatory, audit and senior management requests with timely, evidence-based submissions.
• Head defined regulatory and governance change initiatives; coordinate stakeholders and ensure timely delivery.
• Produce and present management information and governance reporting for risk and control oversight.
• Oversee data quality across outsourcing inventories and supporting documentation; address gaps and improve accuracy.
• Maintain procedures, controls and governance records to support audit trails and consistent practices.
• Identify opportunities to simplify and standardise governance processes using data and digital tools.

Skills

Outsourcing governance

Regulatory interpretation

Stakeholder engagement

Data analytics

Project management

Advanced Excel

PowerPoint

AI tools

Tools

Microsoft Copilot

Automation tools

Job description

Finance Outsourcing Governance & Control (FOGC) - Director (P3)

This position is part of the Finance Outsourcing Governance & Control (FOGC) function within the Finance Division's Global Centralised Management organisation and is key to contributing to the execution the Firm's Deployment and Outsourcing strategy. This Global Finance team works closely with many levels of management to ensure adherence to all applicable global outsourcing regulations and documentation requirements. As regulatory expectations for Outsourcing Governance continue to evolve, this role requires a versatile skill set, including effective communication, strong attention to detail, regulatory interpretation, senior stakeholder engagement, data analytics, and project management.

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. 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. We 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.

What will you be doing?

• Manage and coordinate key Finance outsourcing governance activities, ensuring alignment with applicable regulatory requirements and Firm policy.
• Lead the periodic review and annual validation of Finance outsourcing arrangements, coordinating senior functional reviews, documenting outcomes and ensuring supporting evidence and remediation plans are maintained.
• Interpret regulatory and policy requirements and translate them into practical governance processes, controls and guidance for Finance stakeholders.
• Build effective relationships across Finance, Compliance, business functions and global teams, providing guidance and decision-support materials to senior stakeholders on outsourcing governance and control matters.
• Coordinate outsourcing risk assessments and review submissions from business and support functions, challenging key assumptions and escalating material gaps where required.
• Lead Finance responses to regulatory, audit and senior management requests, ensuring submissions are accurate, evidence-based and delivered within agreed timelines.
• Lead defined regulatory and governance change initiatives, coordinating stakeholders and ensuring timely delivery against agreed objectives.
• Produce and present management information and governance reporting to support oversight of risk, trends, control performance and required actions.
• Oversee data quality across outsourcing inventories and supporting documentation, addressing gaps and driving improvements in accuracy and consistency.
• Maintain and enhance procedures, controls and governance records, supporting an effective audit trail and consistent operating practices.
• Identify and implement opportunities to simplify and standardise governance processes, using data and digital tools to strengthen controls and reduce manual effort.

What we're looking for

• Knowledge of, or exposure to, outsourcing governance, third-party risk, audit or a comparable control environment within financial services would be desirable.
• Sound understanding of governance and control principles, with the judgement to interpret regulatory and policy requirements and apply them in practice.
• Analytical and problem-solving skills, with the ability to identify issues and develop practical solutions.
• Effective written and verbal communication skills, including the ability to convey complex matters clearly and tailor messages for senior and technical audiences.
• Demonstrated ability to build effective relationships and collaborate with stakeholders across functions, seniority levels and global teams.
• Confidence to influence management decision-making and escalating material issues promptly and appropriately.
• Strong organisational skills, with the ability to work independently, manage competing priorities and deliver high-quality outcomes within agreed timelines.
• Advanced Microsoft Excel skills, including data analysis, reconciliation, reporting and working with large datasets, together with proficiency in PowerPoint and Word.
• Experience with Microsoft Copilot, automation tools or other AI-enabled productivity solutions would be desirable.

What You Can Expect From Morgan Stanley

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committingto diversity and inclusion, and givingback– aren’tjust beliefs, they guidethedecisionswemakeeverydaytodowhat’sbestforourclients,communitiesandmorethan80,000employees in1,200officesinover42countries.

At Morgan Stanley we’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 opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents. Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences. For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo. At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values. Morgan Stanley is dedicated to providing first‑class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutions—and in the ability of capital to work for the benefit of all society.