Associate-channel Oversight - Mumbai, India - Morgan Stanley

Morgan Stanley

Verified Company

Mumbai, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Associate-Channel Oversight / Tester (WM Risk)

Job Number:
3233803

POSTING DATE:
Mar 20, 2023

PRIMARY LOCATION:
Non-Japan Asia-India-Maharashtra-Mumbai (MSA)

JOB:
Wealth Management

EMPLOYMENT TYPE:
Full Time

JOB LEVEL:
Associate

DESCRIPTION

Company Profile:

Morgan 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 42 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.

Division Profile:
Wealth Management Risk is responsible for identifying, measuring, and managing the current and emerging risks of the WM division and, in coordination with WM's Business Control Units and Second Line Risk Management and Compliance, implementing control processes and procedures to mitigate risk consistent with WM's risk appetite and governance framework

Position Summary:

Wealth Management (WM) Privacy Risk is responsible for driving privacy implementation strategies and governance for the Wealth Management business line.

The team is looking for a professional to perform control testing in order to measure the risk and operating effectiveness of privacy controls, identify gaps in personnel training and drive privacy governance program.

The individual will challenge the status-quo to uncover and realize efficiencies and leverage our broad spectrum of expertise to detect unknown control gaps through a robust testing program.

The individual will report to the Vice President of Channel Oversight and Governance.

Key Responsibilities:

Define and execute test scripts for WM Privacy Risk functions; targeting key controls that mitigate inherently critical risks
Analyze results from monitoring tests and identify and manage improvement of processes requiring enhancements that mitigate risk in the business and build efficiency
Support preparation of monthly, quarterly, and annual metrics based on team activities and corresponding communication with key stakeholders
Succinctly communicate ideas, recommendations, articulate analytics results to business and influence decision making at the level of Senior Leadership
Identify opportunities for internal team efficiency gains and support the development and maintenance of team procedures, risk management tools and data repositories
Review, update, and maintain relevant privacy supervisory procedures
Support Risk and Control Self-Assessment exercises, internal audits, and compliance assessments
Perform analysis on current training information and provide recommendations on improvements to ensure a robust privacy framework
Build out Privacy client and employee education program by creating training modules on key privacy risks while enhancing resources for internal and external

QUALIFICATIONS
Required Skills:
Experience in Financial Services, preferably within operational risk disciplines (e.g., testing, control validation)

Ability to work in a small team environment, build and maintain a network of contacts and coordinate with many stakeholders

Solid interpersonal skills, including written and verbal communication, are required

Ability to design and develop presentations to conceptualize results and present them clearly and concisely for key stakeholders and Senior Management

Strong organizational skills with the ability to multitask, prioritize and work under pressure and to tight deadlines and excels at planning and time management

Strong analytical and problem-solving skills (critical thinking ability)

Expertise in all MS Office tools, including Power Point, Excel, Project, and Visio

Bachelor's degree required

Preferred Skills:
Financial Industry experience

Relevant professional certifications such as CIPM, etc.

Good project management skills with the ability to manage multiple work streams

EOE M/F/D/V Committed to Diversity