Vice President ? Operational Risk - CRM

Morgan Stanley is seeking a strong Vice President for its Operational Risk Management Team.  The eventual hire will be  a Client Relationship Manager, responsible for working closely with one or more  of the  Firms Business Units or Infrastructure areas to ensure Operational Risk objectives are being met. Morgan Stanleys Operational Risk Department has established an Operational Risk program and framework across the Firm to: ? Assist in embedding an Operational Risk culture throughout the Firm to promote transparency and disclosure ? Promote best practices to assist Business Lines in the management of Operational Risk ? Ensure that requirements of investors, senior management and regulators are adequately met ? Report to Board and Senior Management on operational risk issues Key focus areas in this role will be: ? Ensure proper execution of the Operational Risk program and embedding of the framework and standards. ? Build a solid Client relationship with assigned coverage area resulting in on-going two way flow of communication and comprehensive understanding of areas overall Operational Risk well being, key issues, etc. ? Support the Firms  Governance Program The candidate will partner with clients to co-ordinate specific framework components, such as: ? Operational Risk Reporting ? Recording and mitigating Operational Risk loss incidents ? Key Indicators ? Risk and Control Self Assessments (RCSA) It is expected that the candidate will form strong networks across the Firm in order to understand and contextualize key Operational Risks in consolidated reporting to the Board and senior management. Candidates will have: ? Excellent communication skills, as the role involves a high amount of interaction with senior management and other project team members. ? Good organization and time management skills and the ability to prioritize effectively and meet deadlines. ? A good appreciation and strong sense of risk management incl. reporting (familiarity with recent regulation e.g. Basel II, Sarbanes Oxley, etc. preferable though not essential). ? Good knowledge of the financial services industry; preferably in an investment bank with sales & trading,  finance, operations, technology or internal audit background. As a coverage officer,  the individual must: ? Be comfortable working with ambiguity, managing and resolving complex issues ? Have a history of being able to articulate a clear message for which support is garnered ? Have the ability to influence on senior level, while also being skilled at extracting requirements from subject matter experts in designated businesses Skills Required • Guardianship The role is based around risk, and as such a strong focus on the control environment is essential. Client Skills The candidate will need to be able to interact comfortably with senior management, articulate issues clearly and succinctly and to challenge existing views. • Business/Product Knowledge: A good understanding of financial processes is expected in order to be able to determine their impact on risk and control. • Organizational Ability Candidates should be able plan and co-ordinate several tasks at any one time. Candidates will be expected to set and achieve deadlines for each deliverable. • Communication The role will involve meeting with senior management within Infrastructure; experience of presenting, facilitating and gaining consensus are required. • Teamwork The role will require working with other colleagues and creating networks with external consultancies. • Management Ability The candidate will be responsible to manage staff members and their work-streams • Leadership Candidates need to be able to demonstrate the ability to take ideas forward and to challenge others where appropriate.  Candidates will be expected to demonstrate the ability to act with integrity, and maturity.

Please refer to job code 230481 when responding to this ad.

Category:	Advertising/Marketing/Public Relations
	> Business Development
Location:	New York, NY
County:	New York County
ZIP Code:	10001
Pay Rate:	Open
Job Terms:	full time
Company:	Morgan Stanley
Phone:	email only please
Fax:	email only please