Associate - CG Business Risk - Risk Oversight Analyst (Wealth Management)

Morgan Stanley; Garden City Beach (SC); On-site; USD 60,000 - 80,000; Full time

Job summary

An established industry player is seeking a motivated Associate for their CG Business Risk team. This role involves supporting day-to-day operations, preparing outreach to financial professionals, and analyzing data to identify and mitigate business risks. The ideal candidate will have a strong understanding of compliance and risk management practices, alongside excellent analytical and communication skills. Join a company that values diversity, collaboration, and a commitment to excellence, where your contributions will help shape strategic risk initiatives and enhance the overall business environment.

Qualifications

• Undergraduate degree in business, finance, or accounting required.
• Understanding of Compliance and Audit practices preferred.

Responsibilities

• Assist in preparing outreach to Financial Advisors and Risk Officers.
• Analyze large sets of data and report findings to the team.

Skills

Data analytics

MS Office (Excel, PowerPoint)

Communication skills

Attention to detail

Self-starter

Organizational skills

Understanding of Compliance and Audit practices

Risk Management

Education

Undergraduate degree in business, finance, accounting or related fields

Tools

Dataiku

Tableau

SQL

Job description

Associate - CG Business Risk - Risk Oversight Analyst (Wealth Management)

Apply locations COMMERZ III, OBEROI GARDEN CITY time type Full time posted on Posted 11 Days Ago job requisition id PT-3265391

Morgan Stanley Wealth Management provides a range of wealth management products and services for affluent individuals, businesses and institutions. These services include brokerage and investment advisory, financial and wealth planning, credit and lending, cash management, annuities and insurance, retirement and trust.

Consulting Group (CG) is the investment advisory arm of Morgan Stanley Wealth Management with a long standing tradition of serving clients, from the individual investor to larger institutions, providing each with investment consulting advice and services. CG leverages global resources from across the firm to provide access to advice and investment manager research.

Department Summary

The CG Business Risk team is responsible for developing and implementing solutions for strategic risk initiatives, providing risk-based guidance to the business, conducting advisory program supervision, providing guidance and leadership on risk controls, and producing data solutions and analytics to make informed risk and business decisions.

Position Summary

• Assist the CG Business Risk group in their day-to-day responsibilities.
• Assist in preparing field outreach to Financial Advisors, Branch Managers, and Risk Officers regarding Supervision Variances.
• Perform periodic reviews as outlined in the documented Control Procedures - communicate/escalate findings and issues to the appropriate business groups and CG Business Risk Management.
• Help identify, measure, document, and mitigate new Business Risks.
• Help the team create synergies amongst product, program and platform across Wealth Management to achieve cohesion in risk management practices.
• Communicate initiatives, priorities, and education to field-facing support staff via email and phone conversations.
• Prepare metrics around the different oversight reviews and tasks handled within the Business Risk Group.
• Maintain reporting around current daily tasks and initiatives.
• Analyze large sets of data and report findings to the team.

Experience

• Undergraduate degree in business, finance, accounting or other related fields.
• Understanding of Compliance and Audit practices.
• Business Process and control environment experience preferred.
• Risk Management experience preferred.

Skills/Abilities

• Self-starter, high energy and motivated to tackle difficult risk issues.
• Strong work ethic, attention to detail, and organizational skills.
• Strong working knowledge of MS Office - particularly Excel and PowerPoint.
• Data analytics skillset and working knowledge of Dataiku, Tableau, and/or SQL preferred.
• Ability to work independently, promote teamwork and execute sound reasoning and judgment.
• Excellent oral and written communication skills.
• Ability to form relationships and build a network throughout the organization.
• Positive attitude - capable of working well under pressure, solicit and incorporate feedback while delivering on high priority, time sensitive initiatives.
• Willing to obtain a working knowledge of investment and operational risk policies, procedures, and practices.
• Demonstrate an understanding of the financial services industry, Advisory products etc.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries.

At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential.