Firm Risk Management
Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks.
Background on the Position
The role will reside within the Firm Risk Management's Credit Risk Management (CRM) department, which is a team dedicated to managing credit risk associated with Morgan Stanley's leveraged finance originations business. The CRM Strategic Projects team operates within the Chief Operating Office (COO) covering strategic Change Management processes of the department. Primarily responsible for managing strategic projects across CRM for counterparty, lending and wealth management streams, the team oversees projects or changes driven by Business strategies, regulatory, and market focuses.
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Primary Responsibilities:
- Support a diverse range of projects aimed at driving enhancements across Credit Risk Management, and employing innovative strategies to elucidate and address complex and strategic change management processes
- Engage collaboratively with various Credit Risk teams, Firm Risk Management, IT, Operations, and other business units to spearhead change initiatives, ensuring seamless implementation and the effective application of change management best practices
- Lead the development and management of project plans, encompassing requirements which include scoping, execution, risk and issue mitigation, and stakeholder management
- Assist in the collection and analysis of data to provide solutions and improvements within Credit systems or overall Credit processes
- Bachelor's degree preferred, or equivalent project management work experience
- Strong Project Management skills with effective verbal and written communication skills with ability to craft and provide detailed reporting to senior management
- Advanced knowledge of Microsoft Office suite necessary; including creative use of PowerPoint and Visio for strategy visualizations
- Highly organized individual who can prioritize and deliver under tight deadlines and coordinate across senior management
- Ability to work collaboratively in a fast-paced environment, often balancing multiple high priority deliverables while building and maintaining relationships
- Curious self-motivator interested in developing expertise in financial products, markets, and risk management practice
- Familiarity with credit risk management and/or underlying understanding of traded products, or lending products is a plus
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. 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.
Expected base pay rates for the role will be between $85,000 and $140,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
This role is hybrid and currently requires in office attendance 3 days/week. The in office requirement is subject to change at any time.
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).