<p>Wealth Management Risk functions as an in-business risk unit to provide risk assessment and risk management for investment options offered within Wealth Management. WM Portfolio Risk, within WM Risk, oversees investment, conduct, and operational risks arising from Wealth Management's various brokerage and advisory activities. Advisory includes asset management activities in Financial Advisor, Firm-affiliated, and Client discretionary programs. The Portfolio Risk team is a data-driven group that uses analytical methods to assess risks in client portfolios and to design supervisory controls. The team is also tasked with providing visibility and reporting on the risk landscape to leadership.</p> <p>Responsibilities</p> <p>The WM Portfolio Risk team is seeking a Portfolio Risk Vice President to contribute towards the management, analysis, and governance of the supervisory control framework for which the team is responsible. Additionally, the role will aid in the identification and mitigation of ongoing and emergent risks in Wealth Management client portfolios. The role will require strong partnership with stakeholder business units across the firm including Investment Solutions, Investment Platforms, Legal & Compliance, Technology, and other Risk teams.</p> <p>The candidate's primary responsibilities will include:</p> <ul> <li>Identification and analysis of ongoing, emergent, and/or ad-hoc risks in Wealth Management client portfolios. </li><li>Partnership with stakeholders across the firm for consensus in risk mitigation control design, maintenance, and implementation. </li><li>Governance activities related to supervisory control design, development, maintenance, and ongoing enhancements. </li><li>Ad-hoc and ongoing preparation and presentation of reporting, metrics, and analysis to leadership and stakeholder business units. </li></ul> <p>Qualifications and Experience</p> <ul> <li>Bachelors degree and 5+ years of relevant work experience </li><li>A working knowledge of financial instruments, platforms, and investment risk identification/management, with a desire to acquire a deeper proficiency </li><li>Familiarity with rules and regulations applicable to wealth management and investment advisory businesses </li><li>Able to prioritize and exercise sound judgement in fast paced and rapidly evolving environments with ever changing and competing priorities </li><li>Team player with a strong work ethic, flexibility, and a high level of maturity and discretion in handling sensitive subject matter </li><li>Must be self-motivated and able to drive tasks forward independently with minimal supervision </li><li>Excellent written and verbal communication skills </li><li>Detail oriented with good organizational skills </li><li>Strong familiarity with Microsoft Excel, Word, and PowerPoint </li><li>Proficiency with Tableau, SQL, and/or Python preferred </li></ul> <p>WHAT YOU CAN EXPECT FROM MORGAN STANLEY:</p> <p>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.</p> <p>New York: Expected base pay rates for the role will be between $100,000 and $180,000 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.</p> <p>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.</p> <p>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.</p> <p>Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).</p>