Job DescriptionDescriptionMorgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries.As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.Department Profile The ISG Division is comprised of Equity, Fixed Income, Capital Markets, Investment Banking and Research. Professionals in the Division assess and actively manage risk, trade securities and structure, as well as execute innovative transactions in the fast-paced and constantly changing global markets.Morgan Stanley’s Institutional Securities Group is looking for a Vice President to join the First Line Central Risk team. The Central Risk team is focused on centralization, standardization, and streamlining of risk management activities across ISG Business Units. The team covers several risk areas including Operational, Third Party, Electronic Trading, Regulatory and Audit, Conduct and Compliance, Client, Product, Financial Crime, Data, Info Security and Cyber, Model and Trader Mandate, and Sustainability.This role will focus specifically on governance of Operational Risk and Resilience cross-divisional activities.Role DescriptionOversee the risk management practices across the different Institutional Securities businesses to ensure practices are consistent and effectively support business growth initiatives by setting standards, establishing adequate controls and integrity of the Operational Risk systems and processes.Specifically:Perform ongoing monitoring and reporting of Operational Risk incidents across ISG and ensure timely escalation, including performing issue and incident analysis, lessons learned and remediation recommendationsProvide thought leadership and subject matter expertise on lessons learned, risk event analysis, and continuous improvement effortsLead cross-functional initiatives that enhance risk management practices, governance effectiveness, and organizational resiliencePartner with Firmwide teams and ISG Business Control Unit to ensure programmatic requirements across Operational Risk, Resilience and other Firmwide programs impacting ISG, are fit-for-purpose, include our requirements and are implemented consistently across ISG Business Units globallyLead scenario-based exercises and tabletops for the division on a range of risks, including impact of external events (e.g., impacts from changes to the regulatory, political or economic climate)Support senior management decision-making through risk insights, challenge, and strategic advisory activitiesMonitor consistency and materiality of key risk indicators and determine appropriate actions required, escating as necessarySuccess Criteria and QualificationsCritical Success Factors:Strategic thinker with the ability to partner effectively across business units, regions, and lines of defense, including senior managementStrong execution and project management skills, with a proven ability to drive outcomes and deliver against critical deadlinesAbility to navigate competing priorities and stakeholder expectations in a dynamic, fast-paced environmentStrong understanding of the business, operational risk, and regulatory landscape, with the ability to assess implications and emerging developmentsExcellent written and verbal communication skills, with the ability to influence stakeholders and present complex topics clearly and succinctly to senior audiencesHighly organized and detail-oriented, with strong judgment, professionalism, discretion, and integrityQualifications:5-10 years of related work experience in risk management functionsBachelor’s degree required; MBA or M.S. in related field preferredA strong understanding of the front-office processes is preferred, particularlyOperational Risk governanceOperational Resilience programs and exercises Scenario based exercise managementWHAT 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.Expected base pay rates for the role will be between $150,000 and $250,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.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.