Manager - Model Risk (ISG Central Risk)

Morgan Stanley; Mumbai; On-site; INR 1,400,000 - 2,600,000; Full time

Job summary

Morgan Stanley invites applications for a role in the ISG Central Risk team within Institutional Securities Group. You will help oversee governance, regulatory compliance, and information security across front-office functions, ensuring policy adherence and timely issue resolution.

As part of a regional, front-office advisory function, you'll support governance routines, prepare dashboards, and collaborate across Business units to drive continuous improvement and strong controls.

Qualifications

• Management Graduate/ Masters in Commerce / CA background.
• 5–7 years in financial services with exposure to controls, risk or governance.
• Strong verbal and written communication skills.
• Able to manage multiple priorities and meet deadlines.
• Proactive, collaborative, cross-team mindset.
• Strong analytical and problem-solving skills with attention to detail.
• Curiosity and willingness to improve processes.
• Proficiency in Excel and PowerPoint; Power BI preferred.

Responsibilities

• Support day-to-day governance activities, coordinating with stakeholders.
• Monitor adherence to firm policies and escalate issues.
• Track metrics and assist in management reporting, dashboards, analysis.
• Ensure governance procedures are applied across units.
• Execute governance routines accurately and identify process improvements.
• Contribute to governance enhancements and continuous improvement.
• Perform ad-hoc analysis and reporting to support priorities.

Skills

Experience in financial services

Strong verbal and written comms

Multi-priority management

Analytical and problem solving

Curiosity and process improvement

Education

Management Graduate/ Masters in Commerce / CA

Tools

Microsoft Excel

PowerPoint

Power BI

Job description

Company Profile:

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.

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.

Department Profile:

The Central Risk team within Institutional Securities Group (ISG) provides oversight of regulatory and firm requirements for supervision, Surveillance, entitlements, and information security by performing in-depth assessments and implementing consistent programmatic coverage globally for Institutional Equities, Fixed Income, Global Capital Markets, Investment Banking and Research. The team seeks to ensure front-office compliance with all applicable rules and regulations governing the firm, as well as adherence to internal standards, controls, and policies.

The ISG Central Risk team fulfils a front office advisory role as the first line of defence. The scope includes escalation, oversight, project execution, control ownership and is the default owner for many division-wide audit and regulatory issues.

Background on the Team:

ISG Central Risk Supervision team reviews internal policies that employees within ISG need to adhere to e.g. Employee Trading Policy, Mandatory Vacation Policy, E-Communication Surveillance policy. The team is bifurcated by region to manage stakeholder engagement and ensuring standardisation of reviews across Business groups.

Primary Responsibilities:

• Support day-to-day governance activities, including stakeholder coordination, preparing meeting materials, tracking action items, and facilitating discussions across teams
• Monitor adherence to firm policies and standards, investigate alerts, elevate issues where appropriate, and support resolution efforts
• Track key metrics and assist in preparing management reporting, dashboards, and analysis
• Support the consistent implementation of governance procedures across business units
• Execute established governance routines with accuracy and consistency, while identifying opportunities to improve existing processes and frameworks
• Contribute to governance enhancement initiatives and continuous improvement efforts
• Perform ad-hoc analysis and reporting to support management and business priorities

Skills Required:

• Management Graduate/ Masters in Commerce / Chartered Accountant
• 5-7 years with a background in financial services, with exposure to controls, compliance, risk, governance, or related functions
• Strong verbal and written communication skills
• Ability to manage multiple priorities and work effectively under deadlines
• Proactive and collaborative mindset, with the ability to work across teams and functions
• Strong analytical and problem-solving skills with close attention to detail
• Demonstrated curiosity and willingness to challenge existing processes and identify opportunities for improvement
• Strong proficiency in Microsoft Excel and PowerPoint; experience with Power BI or similar reporting/dashboard tools is preferred

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 90 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.

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.