Role Title: Global Centers Risk Officer
Level: Executive Director
Location: Mumbai
Company Profile
Morgan Stanley is a premier global financial services firm engaged in investment banking, securities, investment management, and wealth management services. With a presence in over 40 countries and a workforce of dedicated professionals in more than 700 offices worldwide, we are committed to excellence and integrity. We value a diverse and inclusive workplace where every employee can reach their full potential, contributing to our shared goals while balancing personal and professional aspirations.
Job Summary
As the Global Centers Risk Officer within the Global Centers Management department, you will spearhead the risk management strategy across the firm's eight Global Centers. These centers are pivotal to our operations, housing approximately 30,000 roles that support both revenue-generating and infrastructure functions. Your leadership will ensure that workforce and location strategies are aligned with the firm's risk appetite and culture, enhancing our ability to make informed decisions and maintain operational resilience.
Want more jobs like this?
Get jobs in Mumbai, India delivered to your inbox every week.
As a member of the Global Centers Management team, you will report to the Global Chief Operating Officer for the department and work in close partnership with the COOs in each Global Center along with Firm Risk, Compliance, Resilience, Audit, and various other functions.
Ownership and Accountability
- Strategic Leadership
- Evaluate and advise on key risks and vulnerabilities within each Global Center
- Monitor macro trends (regulatory, political, financial, etc.), craft visions for necessary adaptations, and devise strategic solutions Assess efficacy of existing mitigating controls and propose enhancements
- Review and enhance existing risk controls and collaborate with Firm Risk to set risk tolerances
- Lead a senior risk steering committee to promote a risk-aware culture across the Firm
- Program Management
- Establish program objectives that align with the firm's broader risk management goals
- Drive enhancements and efficiency of existing GC Risk Framework
- Enhance the efficiency of the Global Centers Risk Framework and lead risk governance discussions in senior management committee meetings
- Integrate risk considerations into workforce strategy and compliance to support strategic deployment decisions
- Uphold firm-wide policies and standards
- Performance Measurement
- Develop and refine risk metrics to guide decision-making and risk management
- Provide transparent reporting and insights to management
- Collaborate with the Firm Resilience team for routine stress testing of key business processes
- Utilize benchmarking to elevate knowledge and drive informed decision making
- Partner Collaboration
- Work closely with Global Center Heads, COOs, Compliance, and other key functions to manage and mitigate jurisdictional and regulatory risks
- Influence senior constituents to drive GC interests into broader Firm Risk focuses
Qualifications
- A minimum of 10 years of experience in risk management, preferably within the global financial services sector
- Comprehensive understanding of macro risk factors, risk tolerance setting, and risk metrics
- Proven ability to lead and drive initiatives in collaboration with senior management and key stakeholders
- Exceptional interpersonal skills with the ability to network and influence decisions across various levels of the organization
- Strong analytical, written, and verbal communication skills
- A bachelor's degree or higher from an accredited university is strongly preferred.
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 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 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.