Wealth Management NFRA VP - Risk & Controls Lead

Morgan-Stanley; Baltimore (MD); On-site; USD 80,000 - 115,000; Full time

Benefits offered by this job

Discretionary annual bonus

Job summary

Morgan Stanley, a leading global financial services firm, is seeking a qualified candidate for a role focused on mitigating risk and strengthening the control environment within Wealth Management. You will coordinate NFRA activities across business units, work with risk partners to ensure timely, accurate reporting, and improve data quality and risk profiles.

The role emphasizes metrics, senior management analyses, and collaboration with control testing teams to ensure high-quality deliverables.

Qualifications

• Minimum 5 years of risk management experience within financial services.
• Strong project management skills with the ability to work well within a team.
• Ability to build and maintain a network of contacts and coordinate with a large number of stakeholders.
• Solid interpersonal skills, including written and verbal communication.
• Strong organizational skills with the ability to multitask, prioritize and work under pressure and to tight deadlines.
• Strong analytical and problem solving skills (critical thinking ability).
• Advanced knowledge of Microsoft Office suite, emphasis in Excel and PowerPoint.
• Bachelor’s degree

Responsibilities

• Assist in coordinating Non-Financial Risk Assessment (NFRA) activities across Wealth Management Business Units.
• Work closely with Business Risk group partners to ensure that operational risks are reported in a timely, accurate and thoughtful manner to appropriately inform residual risk profiles.
• Work closely with Operational Risk partners and Business Risk group partners to ensure the data quality of risks and controls are updated timely, in line with firm guidelines.
• Assist with metrics and analysis for senior management, which allows the ability to identify and track thematic operational risks.
• Perform analysis of NFRA and related Operational Risk data for quality assurance, and challenge the business on their risk profile.
• Partner closely with our control testing team, ensuring the outcome of testing feeds appropriately into the risk profile.
• Support ad-hoc projects to ensure appropriate solutions and/or analysis is delivered on-time and to a high level of quality.

Skills

Risk management

Project management

Stakeholder coordination

Communication

Analytical thinking

Organizational skills

Problem solving

Education

Bachelor’s degree

Tools

Microsoft Excel

PowerPoint

Microsoft Office

Job description

Morgan Stanley, a leading global financial services firm, is seeking a qualified candidate for a role focused on mitigating risk and strengthening the control environment within Wealth Management. You will coordinate NFRA activities across business units, work with risk partners to ensure timely, accurate reporting, and improve data quality and risk profiles.

The role emphasizes metrics, senior management analyses, and collaboration with control testing teams to ensure high-quality deliverables.