Associate with Morgan Stanley (Mumbai)

Deadline Open Deadline

Location Mumbai, Maharashtra.

Salary Compensation details will be finalized during the interview process with the selected candidate.

Details of the Organization

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 43 countries.

Details of the Job/Internship

Morgan Stanley is looking for a candidate for the position of Associate (Legal and Compliance) with 3 to 5 years of experience to join them at their Mumbai office.

Role and Responsibilities

Focus on execution of second line risk oversight framework activities to support identification, assessment, mitigation, and reporting of aggregate portfolio-level exposure and risks associated with the US Banks affiliated and non-affiliate third parties and sub-contractors.

Participate and lead quarterly risk management activities including risk and control self-assessment (RCSA), priority risk reviews, concentration risk reporting, scenario analysis, production and analysis of risk metrics in support of risk identification.

Execute Operational Risk activities within the Bank's operational risk department (ORDs) framework to demonstrate oversight and challenge of vendor risk and visibility to level of governance and risk management within the Bank's tolerance.

Collaborate with first line and second line program colleagues in the execution of controls, risk metrics and reporting, as appropriate.

Engage with senior colleagues in the broader Firm and US Banks Risk Division, and in the first line of defense including Firm Third Party Program Management, US Banks Vendor Management team, other business units and support functions, as appropriate.

Eligibility

An undergraduate degree (i.e., B.A., B.S., or equivalent) is required, ideally in an area related to risk management. Advanced degree holders are also encouraged to apply.
3-5 years' experience in the financial services industry within risk management; exposure to sourcing / procurement, vendor risk management is preferable.
Logical and critical thinking, experience with risk analytics and reporting ability to analyze complex sets of data and convert to meaningful risk information and reporting.
Strong risk analytics experience and problem-solving skills with the ability to effectively manage several tasks concurrently and work in a high pressure environment to meet deadlines.
Program or project management skills with a focus on effectively communicating complex analytical concepts to senior management.
Self-led with a demonstrated ability to collaborate globally across multiple functional areas while maintaining suitable independence and effective challenge.
Ability to work on challenging assignments in a dynamic environment, carry out quantitative and qualitative data analysis, synthesize information, distill relevant facts, and reach logical conclusions.
Detail oriented mindset with strong organization skills with the ability to multitask and prioritize.
Team player with the ability to work under pressure and meet deadlines.
Proven ability to anticipate and identify risks and identify effective mitigation.
Proficiency in Microsoft Word, Excel, Access and PowerPoint.
Familiarity with visualization tools (e.g., Tableau) and vendor risk management tools (e.g., Archer, Process Unity, ServiceNow, etc.) is preferable.