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Institutional Consulting Strategic Governance Associate

AT Morgan Stanley
Morgan Stanley

Institutional Consulting Strategic Governance Associate

New York, NY

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and prosper.

The Direct & Institutional Business (DIBS) is a division within Morgan Stanley Wealth Management comprised of Morgan Stanley at Work, E*Trade and Institutional Consulting Solutions. The Institutional Consulting Solutions business drives the product management, sale and service of Advisor-led workplace offerings for corporate clients, non-profits, endowments, foundations and governments entities across market segments. Products include Retirement and Corporate Cash Management sold by both core Advisors as well as specialized channels such as Graystone Consulting or our Morgan Stanley Institutional Investment Advisors. Our products and services are designed to reduce financial stress and empower all companies and organizations and their constituents to plan, prepare for, and reach their financial goals through digital and human engagement.

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Position Summary:

As a member of the Institutional Consulting Solutions (ICS) Strategic Governance and Scaling team, you will be responsible for assisting with the assessment, design and implementation of the Institutional business governance framework designed to address future and mitigate current risk across the business while ensuring ability to scale. This will include project management for various risk mitigation initiatives driving business transformation, and coordinating regulatory program(s) deliverables with partners in Legal, Risk and Compliance teams. You will help identify synergies across ICS to support a consistent and sustainable control set, including but not limited to: review and analysis of current policies & procedures, controls revision, and participate in compliance tests and audits. You will also partner closely with members of the WM Platforms, WM Operations, Privacy, Analytics and Data and other partner teams to ensure relevant project plans, corresponding control metrics and new processes are being implemented and interpreted correctly.

Responsibilities:
• Coordination & execution of new ICS governance initiatives and corresponding internal strategy/project management decks or leadership documentation.
• Partner with internal subject-matter experts to present and obtain consensus on proposed design and implementation of control or governance processes.
• Project management and development of timelines for relevant strategic initiatives.
• Partner with ICS Strategic Reporting & Analytics and Data team members to drive risk reporting or control reporting to assess size of risk and/or efficacy of newly implemented controls.
• Partner with analysts to drive ad-hoc projects and assist in managing and developing a culture of teamwork and collaboration.
• Write governance process or procedure documentation as needed.
• Research and provide reporting on industry trends impacting MS Institutional business to drive enhancements to governance framework over time.
• Assist in maintaining regulatory program(s), as needed.
• 2-5 years of relevant financial services industry, project management, program management, risk management or related experience.
• Experience with and interest in business risk mitigation, controls, policies and procedures preferred.
• Candidate is driven to learn and grow, not afraid to ask questions and raise their hand, and shows general interest in internal growth.
• Clear and confident communicator who can tailor messages/synthesize information according to the audience.
• Advanced knowledge of PowerPoint for strategy visualizations and Excel for reporting and analytics.
• Strong sense of ownership and accountability
• Strong project management, organization, planning skills, very detailed-oriented, able to balance competing priorities
• Competent writer, comfortable creating detailed emails, reports or process documents for leadership review
• Ability to manage ambiguity and competing priorities
• Positive contributor to our team's culture, with a focus on empathy, giving back and teamwork.

Expected base pay rates for the role will be between $85,000 and $135,000 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.

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).

Client-provided location(s): New York, NY, USA; Jersey City, NJ, USA; Purchase, Harrison, NY 10577, USA
Job ID: Morgan-549782023402
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • Fitness Subsidies
    • On-Site Gym
    • Pet Insurance
    • Mental Health Benefits
    • FSA
    • Virtual Fitness Classes
    • HSA
  • Parental Benefits

    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
    • Return-to-Work Program
    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Adoption Leave
  • Work Flexibility

    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Company Outings
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Leave of Absence
    • Volunteer Time Off
    • Personal/Sick Days
  • Financial and Retirement

    • 401(K) With Company Matching
    • Stock Purchase Program
    • Performance Bonus
    • Relocation Assistance
    • Financial Counseling
  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Access to Online Courses
    • Lunch and Learns
    • Work Visa Sponsorship
    • Leadership Training Program
    • Associate or Rotational Training Program
    • Internship Program
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Employee Resource Groups (ERG)