Senior Institutional Risk Officer

Morgan Stanley; Tempe (AZ); On-site; USD 150,000 - 210,000; Full time

Job summary

Morgan Stanley is seeking a Senior Institutional Risk Officer for the Institutional Infrastructure Solutions Market in Tempe, AZ. You will oversee risk, compliance, and supervisory functions, ensuring ethical practices and regulatory adherence across the Market.

You will coordinate with the Market Executive and other risk officers to maintain consistent control environments. You will lead risk governance, support audits, and guide policies and procedures to promote a compliant and ethical

Qualifications

• Bachelor’s degree or equivalent experience.
• Active Series 7, 8 (or 9/10) and 63/65 (or 66).
• Experience in risk, compliance, and supervisory roles.
• Knowledge of SEC and FINRA policies.

Responsibilities

• Lead risk, supervisory, and compliance functions for the Market.
• Escalate supervisory inquiries to Head of Institutional Risk Officers.
• Coach on policies to promote risk awareness.
• Ensure timely approvals and self-audits.
• Prepare for audits and remediate findings.
• Monitor data security and regulatory compliance.

Skills

SEC/FINRA knowledge

Strong communication

Attention to detail

Leadership experience

Problem solving

Client interaction

Judgment and discretion

Deadline driven

Education

Bachelor’s degree or equivalent

Job description

The Senior Institutional Risk Officer is responsible for a wide variety of supervisory, compliance, and risk functions related to the Institutional Infrastructure Solutions (IIS) Market. In conjunction with the Market Executive and other Institutional Risk Officers within the Market, the Senior Institutional Risk Officer has accountability in the Market for maintaining a consistent control environment through adherence of business ethics and practices and adherence to all applicable Federal, State and Local laws, Morgan Stanley Wealth Management policies, and other regulations. The Senior Institutional Risk Officer keeps the Market Executive and other senior business leaders informed of significant matters within the Market and must determine when the Market Executive, other Branch Managers within the Market and/or Head of Institutional Risk Officers should be directly involved.

Duties and Responsibilities

Surveillance and Supervision

• Primary responsibility for all risk, supervisory, and compliance functions for the Market
• Communicates and facilitates any supervisory inquiry or process that requires escalation from the Market to the Head of Institutional Risk Officers
• Focuses on business ethics and regulatory and compliance practices
• Provides the coaching and guidance on policies and procedures in order to promote risk awareness and a compliant environment within the Market
• Ensures proper procedures are in place to ensure that approvals are handled appropriately and timely
• Manages the Institutional Risk Officers within the Market to ensure consistent supervisory practices
• Ensures procedures are in place for self-audits.
• Monitors and implements procedures to manage all facets of risk, including data security, across the Market
• Facilitates regular and consistent communication of Morgan Stanley Wealth Management policies and other regulations
• Liaises with the Legal and Compliance Division with customer complaints and litigation
• Together with the Market Executive and Institutional Risk Officers, ensures appropriate supervisory coverage is maintained at all times across the Market as required by Firm policy
• Oversees all responsibilities outlined in the Branch Supervisory Manual, as well as new policies to ensure the market has procedures in place
• Is responsible for the preparation for and response to audits, and ensures that any audit findings are appropriately responded to and remediated
• Works with Market Executive and Institutional Risk Officers to monitor people risk, and ensures appropriate action is taken
• Primary source for intelligence on risk in regard to clients and FAs
• Active involvement with margin and credit decisions

Administrative

• Works closely with Special Investigation Unit on any Human Resources issues as related to risk and compliance
• Together with the Institutional Risk Officers in the Market, facilitates the training of all personnel on Morgan Stanley Wealth Management compliance policies and procedures
• Runs or assists with various projects as needed

Education and/or Experience

• Bachelor’s degree required or equivalent education or experience
• Previous industry experience
• Active Series 7, 8 (or 9 and 10), and 63, 65 (or 66)

Knowledge/Skills

• Knowledge of SEC, FINRA and Firm Compliance Policies and Procedures
• Effective written and verbal communication skills
• Strong attention to detail
• Ability to prioritize and resolve complex problems and and…
• Ability to identify issues and trends in order to anticipate change and provide recommended comprehensive solutions and remedies
• Evidence of strong leadership capabilities or previous supervisory experience
• Ability to organize and prioritize workflow and assignments in a deadline oriented environment
• Ability to interact with Financial Advisors, senior business partners, and clients
• Excellent judgment and the ability to be discreet in all matters