Operations Risk and Regulatory Oversight - Associate - Product Support & Services

Morgan Stanley; Mumbai; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

Morgan Stanley in Mumbai seeks an Associate in Investment Management Operations to manage risk identification, reporting and mitigation across MSIM Ops teams. The role supports transaction processing, controls, and post-execution workflows within the Product Support & Services function.

The candidate will work with senior stakeholders, leverage automation tools, and ensure compliant operations aligned with UK/CASS and firm policies.

Qualifications

• At least 4 years' relevant experience in operations risk or control roles.
• Knowledge of functional area and policy/procedure compliance.
• Ability to operate independently with some responsibilities.
• Culture carrier across Operations and firm values.
• Basic knowledge of mutual funds.
• Strong written and verbal communication to manage senior stakeholders.

Responsibilities

• Execute complex processes and coordinate risks/projects in a Team Lead capacity.
• Recognize and articulate risks; propose process changes to mitigate issues.
• Train colleagues, allocate tasks and support escalation as needed.
• Share expert knowledge and support team output and development.
• Perform risk monitoring and reporting for MSIM Operations and third-party services.
• Support vendor governance / due diligence lifecycle of third-party services.
• Conduct periodic risk assessments and report to Senior Stakeholders.

Skills

Risk identification

Stakeholder management

Regulatory governance

Tools

PowerBI

Alteryx

UiPath

Job description

We’re seeking someone to join our team as an Associate in Investment Management Operations to manage the risk profile for Global MSIM Operations teams that includes risk identification, reporting, mitigation to ensure compliance with firm and operations policies.

In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships. This is an Associate level position within the Product Support & Services, which is responsible for providing transaction support and managing post execution processes.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you’ll do in the role:

• Execute complex processes and assist a Team Manager in coordinating processes, risks and/or projects in a Team Lead capacity.
• Recognize risk in day-to-day processes to draw out the key issues and leverage detailed knowledge to propose changes in process
• Train others, allocate tasks and support with first line escalation where required
• Share expert knowledge across the team, contribute to team output and development, building relationships across the Firm.
• Risk monitoring and reporting for the MSIM Operations teams, 3rd party services, In scope UK CASS legal entities supporting the Investment Management business.
• Responsible for supporting all vendor governance processes in the management/oversight of service due diligence that includes the lifecycle of on-boarding a 3rd party service within a firm
• Periodic functional risk assessments and reporting to Senior Stakeholders- Metrics Reporting and Senior Management reporting through data collation and attending meetings as appropriate.

What you’ll bring to the role:

• At least 4 years' relevant experience would generally be expected to find the skills required for this role
• Comprehensive knowledge and understanding of functional area and operational/compliance policies and procedures of their team
• Ability to operate independently with respect to some job responsibilities
• Culture carrier across Operations, embracing the Firm's core values
• Basic knowledge of a mutual funds business is required
• Strong verbal and written communication skills with an ability to manage senior stakeholders is required
• Knowledge/build/usage of user-led automation tools like PowerBI, Alteryx & UiPath would be an added advantage
• Experience of regulatory governance and knowledge of UK CASS rules is preferred
• Experience of assessing the root cause of risk incidents and/or identifying/implementing control enhancements

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.