Operational Risk Lead

Job title:

Operational Risk Lead

Company:

Morgan Stanley

Job description

The Human Capital Management Business, Risk and Vendor Management function is responsible for oversight of divisional financial goals, including the management of departmental budgets and expenses; monitoring and assessing potential risks related to the effectiveness of HCM policies, processes, and procedures, as well as risk mitigation recommendations; and governance of HCM vendor relationships inclusive of proper due diligence, contracting and monitoring of service levels.Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.What you’ll do in the role:– Build and maintain relationships with stakeholders across HCM functional teams globally
– Support regional HCM Risk Officer leads in the management of the Operational Risk Incident (ORI) life cycle from event intake to resolution
– Carry out, and brief HCM Risk Officer leads on the outcomes of, root cause analysis reviews into ORIs, identifying thematic issues and appropriate process and control enhancements in mitigation
– Monitor open ORIs and associated action items, engage with HCM action owners to expedite closure, escalating where appropriate
– Create and maintain records of ORIs in Firm systems as required by Firm policy, managing stakeholder queries where needed
– Support regional HCM Information Security Officer leads in the management of data leakage incidents and with other information security related activities, advising HCM colleagues in relation to information security best practices and Firm reporting requirements
– Produce operational risk reporting and other management information as requiredWhat you’ll bring to the role:– Bachelor’s degree or equivalent
– Proven operational risk management experience
– Proven ability to anticipate and identify risks and determine effective process and control enhancements in mitigation
– Strong analytical and reporting skills
– Strong verbal and written communication skills and the ability to influence stakeholders of varying seniority
– Previous exposure and knowledge around Human Resources, Compliance, Risk & Regulatory Frameworks is highly advantageous
– Fluent in EnglishWhat 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.Morgan Stanley Budapest is an integral part of the Firm’s global critical business functions including Technology, Finance, Risk, Institutional Securities and Wealth Management. Morgan Stanley has been rooted in the Budapest community since 2006 and is considered a leading employer among the area’s highly skilled talent. Our innovative team delivers deep technical and mathematical expertise to support the Firm’s capabilities in quantitative analysis, data analysis, and risk management.Reference: #LI-JL1 #LI-Hybrid #BPGCWHAT 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. We 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.We’re committed to bringing passion and customer focus to the business.Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.Flexible work statement
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 maximize 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.

Expected salary

Location

Budapest

Job date

Fri, 28 Mar 2025 23:35:38 GMT

To help us track our recruitment effort, please indicate in your email/cover letter where (vacanciesin.eu) you saw this job posting.