Job Information
Morgan Stanley Risk & Control Framework Associate in Budapest, Hungary
You will:#LI-FT1
- Facilitate the execution of the Divisional Legal & Compliance Risk Assessment and provide transparency across the Division to include training stakeholders
- Support the execution of the overall Firm Non Financial Risk Assessment and Controls program, working closely with Business Unit and Infrastructure groups
- Support the development and enhancement of program minimum standards and procedures
- Participate in the data collection and mapping for compliance risks, including rules and regulations, policies and procedures, and controls
- Support stakeholders throughout the Compliance Risk Assessment process, including performing quality assurance on Compliance Risk Assessment rationales, and ratings
- Review complex information and large data sets with the ability to simplify and communicate clearly
- Collaborate with other Operational Risk and Compliance Risk projects as required, for successful delivery and execution of the Risk Assessment program
You have:#BPGC
- 4 years' experience working in Enterprise Risk Management, Operational Risk, Internal Audit, Compliance or Consulting
- Knowledge of common approaches to the Risk and Control Self- Assessment (RCSA) and/or Compliance Risk Assessment (CRA)
- Excellent verbal and written communication skills
- Strong problem-solving and analytical skills
- Ability to present complex issues clearly
- Highly proficient in MS Office Suite (e.g., PowerPoint, Excel)
- Familiarity with analytics and BI tooling (e.g. Tableau) (preferred)
- Bachelor's degree minimum
Team Profile:
The role will reside within Morgan Stanley's Non-Financial Risk Department within the Risk Assessments team.
Non-Financial Risk is the risk of economic, reputational, regulatory, financial reporting, and client impact from failed or inadequate processes, data, or controls; from system changes, failures, disruption or other infrastructure and environmental factors; or from intentional or inadvertent actions of employees, contingents, or external parties.
The Risk Assessments team defines the framework and requirements, including roles and responsibilities for the Firm-wide Operational Risk and Control Self-Assessment (RCSA) and Compliance Risk Assessment (CRA) programs. The team is the main point of coordination for the businesses and independent risk management teams in relation to these programs. The team monitors compliance with minimum standards, provides guidance, training, and support throughout the execution process. In addition, the team co-ordinates completion of the independent risk management review & challenge process. To perform this role successfully, a high level of interaction is required with business areas at all levels of the organization, internally.
About us:
Morgan Stanley is a global financial services firm and a market leader in investment banking, securities, investment management and wealth management services.
At Morgan Stanley Budapest, we are shaping the future of our global business and contributing to our local community. Our team works across numerous areas, including Technology, Mathematical Modelling, Finance, Risk Management, Operations and Data & Analytics from our new state-of-the-art offices near the Danube and our City Gate office in the heart of the city center.
Learn about our culture and the opportunities for professional growth at Morgan Stanley Budapest:
Build a career with impact. Visit morganstanley.hu or LinkedIn for more information.
/Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more. /
/Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents. /
Job: *Compliance
Title: Risk & Control Framework Associate
Location: Europe, Middle East, Africa-Hungary-Budapest-Budapest
Requisition ID: 3260875