Process Risk & Control Investment Management Associate

Morgan Stanley Investment Management Global Risk & Analysis

Morgan Stanley Investment Management ("MSIM"), together with its investment advisory affiliates, has more than 1,300 investment professionals around the world and $1.5 trillion in assets under management or supervision as of December 31, 2023. MSIM strives to provide outstanding long-term investment performance, service, and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.

Investment Management's Global Risk & Analysis department has an open position for a Process, Risk and Controls (PRC) professional at the Senior Associate level based in New York or Boston. The position will report into an Executive Director of Risk and will interface with business partners in both the private and public sides of the business.

Responsibilities :

• Assist with the risk and issue driven deep dive reviews to identify root causes as well as the identification of risks, controls, risk responses, and opportunities for enhancements including control optimizations.
• Perform post-PRC effort operational effectiveness such as analyzing self-assessments results and performing testing & monitoring activities.
• Assist in preparing, coordinating, and presenting key PRC initiatives and updates to varying levels of management including executives.
• Assist in updating the Risk & Controls Self-Assessments as well as the creation and maintenance of issues and action plans in the respective Morgan Stanley systems.
• Assist in building out the PRC framework as well as developing project roadmaps.
• Assist in the development of consistent standards of risk and control documentation, including diagrams / flowcharts, within MSIM and enhance risk and control reporting.
• Involvement in other projects and duties assigned

Qualifications

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.

Expected base pay rates for the role will be between $105,000 and $115,000 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'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.

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.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M / F / Disability / Vet).