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Morgan Stanley Model Risk Director (AVP) in Baltimore, Maryland

We’re seeking someone to join our team as a Director in Operations Risk & Regulatory Control to assist with Model & End User Computing (EUC) risk management initiatives and governance as part of the ORRC Information Security team. In this role, the incumbent will be responsible for the ensuring the effectiveness of the Firm's Model Risk Management & EUC Programs within Global Operations, including regional specific coverage.

In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships. This is a Team Specialist position at Director level within the Risk, Regulatory & Resilience, which performs various independent functions to ensure adequate controls are in place. We do this by providing an integrated risk and control framework to govern, assess, mitigate and manage financial and operational risk in Operations.

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

At Morgan Stanley Baltimore, we support the Firm’s global Technology, Operations, Risk Management, Legal and Compliance, Internal Audit and Finance divisions. Morgan Stanley has been rooted in the Baltimore community since 2003. Our talented and diverse team is one of the largest in the U.S. outside of our New York headquarters and home to industry leading cybersecurity innovation with multiple patents and awards. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. There’s ample opportunity to move across the businesses for those who show passion and grit in their work.

Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on…

What you’ll do in the role:

  • Serve as a subject matter expert within functional area, working with Team Manager to manage processes, risks and/or projects, proposing and implementing improvements/changes
  • Act as key problem solver for area or expertise, applying detailed knowledge to address unique or novel situations, recognize risks and draw out key issues
  • Coordinate work, train and develop other team members where required, including task allocation, and project contribution
  • Demonstrate a good understanding of model risk issues and initiatives
  • Collaborating with a wide range of senior stakeholders across the Firm on model risk governance
  • Identifying and proposing enhancements to the model risk management standards
  • Liaising with functional and business leaders to roll out key framework enhancements#LI-JO1

What you’ll bring to the role:

  • Ability to lead by example, work with drive and determination, and put forward challenging views to senior levels
  • Comprehensive knowledge and understanding of functional area and operational/compliance policies and procedures of their team
  • Ability to operate independently across the majority of day-to-day responsibilities
  • Culture carrier across Operations, embracing the Firm's core values and acting as a role model
  • A highly motivated, energetic, and proactive individual who takes ownership of tasks and projects
  • Experience in management by influence, facilitating and gaining consensus with a strong mindset of risk and controls
  • Exceptional organizational skills and a high degree of attention to detail and can work independently
  • At least 4 years’ relevant experience would generally be expected to find the skills required for this role
  • Must obtain Series 99 license if supervising a covered function

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 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect, and cross-collaboration. Our Firm is differentiated by the caliber of our diverse team, while our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.

Role is hybrid and will require in office attendance 3 days/week.

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).#LI-JO1

Job: *Other

Title: Model Risk Director (AVP)

Location: Maryland-Baltimore

Requisition ID: 3255724

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