Central Review Unit Risk Officer - Wealth Management Client Segment

PowerToFly; South Jordan (UT); On-site; USD 80,000 - 120,000; Full time

Benefits offered by this job

Comprehensive employee benefits

Opportunities for career advancement

Job summary

A financial services firm located in Utah is seeking a qualified candidate for a role focused on risk management within Wealth Management. The ideal applicant should have 5-10 years of industry experience, strong problem-solving skills, and proficiency in compliance. Responsibilities include conducting risk analyses, facilitating communication with branches, and providing reporting on findings. The position requires an active Series 7 & 66 and advocates a proactive approach to risk mitigation.

Qualifications

• 5-10 years of industry experience, focused on risk or compliance.
• Advanced understanding of Alternative Investments and complex products is advantageous.
• Active Series 7 & 66 required; Series 9 and 10 preferred.

Responsibilities

• Conduct thorough analyses of various risk controls.
• Serve as the primary contact for Field Risk.
• Lead monthly calls with the Field Branches.
• Deliver detailed reporting and trend analysis based on risk reviews.
• Act as an escalation point for issues from the field.

Skills

Investigative skills

Problem-solving skills

Communication skills

Organizational skills

Technological proficiency

Analytical skills

Education

Bachelor’s degree or equivalent work experience

Tools

Excel

Data analytics tools

Job description

Join our Wealth Management Client Segment Risk team, an integral in-business risk unit dedicated to assessing and managing risks associated with Financial Advisors within Wealth Management. The Central Review Unit (CRU) comprises centralized Risk Officers who oversee a comprehensive suite of controls to monitor potential sales practices, suitability, and regulatory compliance issues.

Key Responsibilities:

• Conduct thorough analyses of various risk controls, including Trade Supervision, Advisory Account usage, and Suitability Reviews.
• Serve as the primary contact for Field Risk, facilitating communication and support.
• Lead monthly calls with the Field Branches under your purview.
• Deliver detailed reporting and trend analysis based on risk reviews.
• Act as an escalation point for field-related issues and inquiries.
• Provide coverage and support as needed.

Qualifications:

Knowledge, Skills, and Abilities:

• Strong investigative and problem-solving skills, with the ability to manage tasks from start to finish.
• Familiarity with SEC, FINRA, and firm compliance policies.
• Excellent written and verbal communication skills.
• Proficiency in identifying issues and trends, offering comprehensive solutions.
• Strong organizational skills to prioritize tasks and meet deadlines.
• Independent problem-solving capabilities.
• Capacity to manage large workloads while maintaining supervision integrity.
• Proactive approach to managing workload and daily tasks.
• Ability to assess the broader risk implications of supervisory activities.
• Flexibility to handle a diverse and dynamic workload.
• Advanced technological proficiency, particularly in Excel and data analytics tools.

Experience:

• 5-10 years of industry experience, with a focus on risk or compliance.
• Advanced understanding of Alternative Investments and complex products is advantageous.

Education:

• Bachelor’s degree or equivalent work experience.

Licenses and Registrations:

• Active Series 7 & 66 (or 65 and 63) required.
• Series 9 and 10 (or 8) preferred, or the ability to obtain within 60 days of hire.

Other Qualifications:

• External candidates must be authorized to work in the U.S. without restrictions on duration.
• Successful completion of any applicable pre-employment tests.

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 89 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's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).