Process, Risk and Controls Associate

Job title:

Process, Risk and Controls Associate

Company:

Morgan Stanley

Job description

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 Modeling, Finance, Risk Management, Operations and Data & Analytics from our new state-of-the-art offices near the Danube and our Millennium Buildings office in the heart of the city center.Morgan Stanley Investment Management (MSIM or IM) is one of the largest asset managers in the world. It offers a wide range of products and services, including a large family of domestic and international Equity, Fixed and Multi-asset class funds for individual and institutional investors. With over 30 years of global investment experience, IM offers its clients the personalized attention and service of a boutique, the intelligence and creativity of some of the brightest professionals in the industry and the global resources of Morgan Stanley. IM’s comprehensive suite of investment strategies are designed to help meet the diverse needs of institutional investors throughout the world.Investment Management’s Global Risk & Analysis department has an open position for a Process, Risk and Controls professional at the Analyst or Associate level based in Budapest. The position will report into an Officer of Risk and will interface with business partners in both the private and public sides of the business.Responsibilities:

• Assist with the risk and issue driven deep dive reviews to identify root causes as well as the identification of risks, controls, risk responses, and opportunities for enhancements including control optimizations.
• Perform process mapping or visualization charts of key or critical processes.
• Provide day-to-day execution support of various process, risk and controls (PRC) transformation efforts that help to optimize business processes while mitigating business risks.
• Perform post-PRC effort operational effectiveness such as analyzing self-assessments results and performing testing & monitoring activities.
• Assist in preparing and coordinating key findings and recommendations to varying levels of management including executives.
• Develop and distribute project(s) status, meeting notes/minutes, and necessary metrics to working groups and senior steering committees proficiently utilizing today’s collaboration tools (i.e., Teams, OneNote, PowerPoint, etc.)
• Assist in the creation and maintenance of issues and action plans in the respective Morgan Stanley systems.
• Involvement in other projects and duties assigned.

Qualifications

• Undergraduate degree in business, finance or other disciplines demonstrating both quantitative and qualitative analytical skills.
• Good analytical and technical skills including proficiency with Excel, PowerPoint and other end user computing tools, process mapping experience a plus.
• Experience with Visio or other flow diagram tooling is required.
• Strong verbal & written communication skills and relationship management skills
• 5-7 years of overall work experience, out of which 2-5 years in financial services, preferably in audit, compliance, technology or risk management.
• Experience in process improvements, data analytics, regulatory projects, cyber & information security or technology integration is a plus.

#LI-EK1 BPMMWHAT 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.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

Wed, 16 Apr 2025 23:35:12 GMT

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