Talent.com
U.S Banks Affiliate Risk Vice President
U.S Banks Affiliate Risk Vice PresidentMorgan Stanley • Washington, DC, US
U.S Banks Affiliate Risk Vice President

U.S Banks Affiliate Risk Vice President

Morgan Stanley • Washington, DC, US
job_description.job_card.30_days_ago
serp_jobs.job_preview.job_type
  • serp_jobs.job_card.full_time
job_description.job_card.job_description

U.S. Banks Affiliate Risk Vice President

The U.S. Banks Affiliate Risk Vice President position is responsible for ensuring that all covered transactions and related intercompany agreements between a Bank and its non-banking affiliates are tracked, reviewed, and managed for regulatory compliance and sustained business line relevance. This role is vital for maintaining appropriate affiliate relationships and mitigating risk.

Affiliate Agreement Inventory Management and Tracking :

  • Draft agreements and terms to memorialize recurring services or transactions between the U.S. Banks and their various non-banking affiliated.
  • Maintain a comprehensive, centralized inventory of all affiliate agreements and covered transactions.
  • Work with business lines and control functions to identify, tag, and capture all intercompany agreements subject to Regulation W.

Compliance and Oversight :

  • Review new and existing affiliate agreements to ensure they are consistent with safe and sound banking practices, comprehensive for the services provided, and conducted on market terms.
  • Develop and implement controls and procedures to address the complexities of Regulation W across intercompany agreements with different business lines and applicable pricing methodologies.
  • Serve as a subject matter expert on Regulation W and sections 23A / 23B for all relevant stakeholders.
  • Reporting and Communication :

  • Develop and prepare regular reports and metrics for senior management and the board of directors on the status of the Affiliate Agreement program.
  • Provide support for internal and external audits and examinations by preparing documentation and responding to inquiries.
  • Escalate identified compliance gaps, overdue activities, and other issues to the appropriate compliance and business leaders.
  • Collaborate with Legal, Risk, and business units to provide guidance on the development and implementation of new or modified activities and modeled transactions between the U.S. Banks and their non-banking affiliates.
  • Qualifications :

  • Bachelor's degree in Finance, Business or other related field
  • 10+ years of relevant experience in risk management, commercial contract drafting, intercompany contracting documentation and governance in the financial services industry is a plus
  • Familiar with Information Technology risks in general and Cloud technologies specifically (SaaS, PaaS, IaaS, Public & Private Cloud)
  • Demonstrate an understanding of various compliance and regulatory areas (e.g. FFIEC, NIST)
  • Strong sense of ownership, accountability, and entrepreneurial spirit
  • Strong project management, organization, communication, and analytical skills
  • Ability to manage ambiguity and bring focus with recommendations on solving tactical and strategic challenges
  • Ability to work in a fast paced environment, both independently and as part of a team, and under strict deadlines
  • Strong at identifying key control points within a process, and then provide assessment of the preventative and detective controls
  • Strong interpersonal skills - freely develops networks, builds consensus, prioritizes effectively, and develops alliances across organizations
  • Strong written and oral communication skills will be important for this role as effective communication of our role to IT, the business units, regulators, and our vendors is critical
  • What You Can Expect From Morgan Stanley :

    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 $110,000 and $190,000 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).

    serp_jobs.job_alerts.create_a_job

    Risk Vice President • Washington, DC, US

    Job_description.internal_linking.related_jobs
    Remote VP of Internal Audit & Enterprise Risk

    Remote VP of Internal Audit & Enterprise Risk

    Prime Therapeutics • Washington, DC, US
    serp_jobs.filters.remote
    serp_jobs.job_card.full_time
    A leading pharmaceutical benefits manager is seeking a VP, Chief Audit Officer to develop and lead the internal audit function. This remote position requires extensive experience in business and fin...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_hours • serp_jobs.job_card.promoted • serp_jobs.job_card.new
    Senior Vice President Market Manager

    Senior Vice President Market Manager

    Maryland D.C. Delaware Broadcasters Association • Washington, DC, United States
    serp_jobs.job_card.full_time
    Job Title : Senior Vice President Market Manager.Pay Transparency : $50,000 - $52,000.The anticipated starting salary range for Washington D. Salary to be determined by the education, experience, know...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    VP, FP&A & Strategic Growth - SaaS (Equity)

    VP, FP&A & Strategic Growth - SaaS (Equity)

    Attentive • Washington, DC, US
    serp_jobs.job_card.full_time
    A leading marketing technology company is seeking a Vice President of Financial Planning & Analysis in Washington, DC.This strategic position involves leading a team responsible for financial p...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_hours • serp_jobs.job_card.promoted • serp_jobs.job_card.new
    Vice President, Treasury

    Vice President, Treasury

    Affirm • Washington, DC, United States
    serp_jobs.job_card.full_time
    Affirm is reinventing credit to make it more honest and friendly, giving consumers the flexibility to buy now and pay later without any hidden fees or compounding interest.We’re looking for a smart...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Managing Vice President, Business Analytics

    Managing Vice President, Business Analytics

    Marriott Hotels Resorts • Bethesda, Maryland, USA
    serp_jobs.job_card.full_time
    The Enterprise Data Analytics & AI organization at Marriott is pioneering the future of hospitality by serving as the companys strategic brainAI Driven decision nervous centerdelivering end-to-...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    VP Underwriting

    VP Underwriting

    DataAnnotation • Washington, DC, United States
    serp_jobs.job_card.full_time +1
    Be among the first 25 applicants.We are looking for a VP Underwriting to join our team to train AI models.You will measure the progress of these AI chatbots, evaluate their logic, and solve problem...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Capital Markets Risk - Senior Associate

    Capital Markets Risk - Senior Associate

    Fannie Mae • Washington, DC, United States
    serp_jobs.job_card.full_time
    Playing an essential role in the U.Fannie Mae is foundational to housing finance.Here, your expertise can help fuel purpose-driven innovation that expands access to homeownership and affordable ren...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Vice President, Growth and Strategy - Cyber and Analytics

    Vice President, Growth and Strategy - Cyber and Analytics

    Leidos Inc • Columbia, MD, United States
    serp_jobs.job_card.full_time
    Leidos is seeking an accomplished Vice President of Growth to lead business development, capture, and strategic growth activities for the Cyber & Analytics Business Area (CABA) within the Intellige...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Senior Vice President, Credit Risk

    Senior Vice President, Credit Risk

    Zeta • Washington, DC, United States
    serp_jobs.job_card.full_time
    Our flagship processing platform - Zeta Tachyon - is the industry’s first modern, cloud-native, and fully API-enabled stack that brings together issuance, processing, lending, core banking, fraud &...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Vice President of Client Services

    Vice President of Client Services

    Travel Syndication Technology (TST) • Washington, DC, US
    serp_jobs.job_card.full_time
    About Us We are a mid-sized travel technology company with a small but mighty group of employees, serving membership groups, associations, and travel agencies with innovative B2B and B2B2C solutio...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_hours • serp_jobs.job_card.promoted • serp_jobs.job_card.new
    Market Risk Partner

    Market Risk Partner

    Highmark Health • Washington, DC, United States
    serp_jobs.job_card.full_time
    This job supports the Underwriting department and applies actuarial techniques and statistical analysis to several functions, including insurance premium and pricing development, claim trend analys...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Vice President, Investments Underwriting

    Vice President, Investments Underwriting

    Nelnet • Washington, DC, US
    serp_jobs.job_card.full_time
    Vice President, Specialty Finance.Nelnet is a diversified and innovative company committed to enriching lives through the power of service as a student loan servicer, professional services company,...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Director, Liquidity Risk

    Director, Liquidity Risk

    KPMG US • Washington, DC, United States
    serp_jobs.job_card.full_time
    The KPMG Advisory practice is currently our fastest growing practice.We are seeing tremendous client demand, and looking forward we do not anticipate that slowing down. In this ever-changing market ...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Branch Manager Vermont Ave Washington, DCAssistant Vice President

    Branch Manager Vermont Ave Washington, DCAssistant Vice President

    Citi • Washington, DC, United States
    serp_jobs.job_card.full_time
    The Branch Manager SAFE Act is an intermediate management level position responsible for providing full leadership and direction to a team of employees in an effort to grow sales and client base in...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Vice President, Market Access Strategy, New Technology

    Vice President, Market Access Strategy, New Technology

    Heartflow • Washington, DC, United States
    serp_jobs.job_card.full_time
    Vice President, Market Access Strategy, New Technology.Vice President, Market Access Strategy, New Technology.Heartflow is a medical technology company advancing the diagnosis and management of cor...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Associate Director, Risk Management

    Associate Director, Risk Management

    Pathstone • Alexandria, VA, United States
    serp_jobs.job_card.full_time
    Pathstone is a dynamic, rapidly growing, partner-owned wealth management firm that serves ultra-high net worth families, single family offices, and foundations and endowments.Our comprehensive rang...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Vice President of Partnerships

    Vice President of Partnerships

    Govini • Arlington, Virginia, United States, 22201
    serp_jobs.job_card.full_time
    Vice President of Partnerships.Govini transforms Defense Acquisition from an outdated manual process to a software-driven strategic advantage for the United States. Our flagship product, Ark, suppor...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30
    Remote VP of Provider Growth & Partnerships

    Remote VP of Provider Growth & Partnerships

    Chamber • Washington, DC, United States
    serp_jobs.filters.remote
    serp_jobs.job_card.full_time
    A health technology firm is seeking a Vice President / Director of Provider Growth to lead and execute strategies for expanding its provider network nationwide. The ideal candidate will have over 10 y...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_1_day • serp_jobs.job_card.promoted