Posted 12 days ago
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**Senior Associate, Non-Financial Risk Assessment Program** Lead Morgan Stanley's non-financial risk management, partnering with business units, technology, and risk functions. Key responsibilities include facilitating the NFRA program, risk identification and audit, quality assurance, data analysis, stakeholder management, and continuous improvement. Requires 4+ years of relevant financial services experience, strong risk expertise, advanced Excel skills, and excellent communication abilities. Join our global team, committed to diversity, inclusion, and providing exceptional opportunities.
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- City
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- Country
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Currency: Not specified
Full Job Description
The Non-Financial Risk Assessment (NFRA) team is responsible for designing,
implementing, and maintaining the Firm's framework for identifying, assessing, and
managing non-financial risks. In the Audit division, we provide senior management with
an objective and independent assessment of the Firms internal control environment.
The NFRA team ensures robust controls are in place to protect the firm's reputation and
clients by partnering closely with business units, technology, and risk functions to drive
a culture of risk awareness.
Since 1935, Morgan Stanley has been a global leader in financial services, and this
Associate position within Business Audit is key to inspecting controls across front,
middle, and back-office functions.
What youll do in the role:
NFRA Program Leadership: Facilitate the execution of the firms NFRA program,
working with 1st and 2nd line of defense teams to ensure consistent compliance
with minimum standards.
Risk Identification & Audit: Collaborate with stakeholders to identify and
document non-financial risks, ensuring exposures are understood and
appropriately managed within the audit framework.
Quality Assurance & Issue Resolution: Conduct independent quality reviews of
risk assessments and controls; partner with stakeholders to drive timely
remediation of thematic issues.
Data Analysis & Reporting: Analyze risk and control data to identify trends and
gaps. Prepare insightful reports and presentations for senior management and
governance forums.
Stakeholder Management: Serve as a subject matter expert, maintaining stron
relationships with functional lines, technology, and risk counterpart
(Operational, Compliance, and Financial Crimes).
Continuous Improvement: Identify opportunities to strengthen the contro
environment leveraging data analytics and industry best practices.
What youll bring to the role:
Experience: At least 4 years of relevant financial services experience (Big 4 or
Risk Consulting experience is highly valued).
specifically regarding Operational, Compliance, and Financial Crimes Risk.
Risk Expertise: Hands-on experience with enterprise risk programs, including
risk, process, and control assessment (RCSA) and validation.
Analytical Skills: Advanced Excel and data analysis skills; ability to deconstruct
large data sets and associate queries to find actionable insights.
Communication: Ability to tailor complex technical risk findings to both
technical and non-technical audiences.
Education & Certification: An undergraduate degree (B.A., B.S., or equivalent) is
required. Possession of (or ability to attain) the Series 99 license is preferred.
Mindset: A highly motivated self-starter who can prioritize in a fast-paced
environment and work independently within a global program.
WHAT 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 thats differentiated and weve 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 - arent 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, youll 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. Theres 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.
Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.
Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
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.
