Morgan Stanley is looking for a Risk Governance Associate who will join the team.
The role will reside within the EMEA Firm Risk Management's Risk Governance team. The role is responsible for supporting the Risk Division's engagement with the UK and European regulators. This includes providing independent review and challenge of all regulatory submissions and providing advice and support to large-scale regulatory remediation projects with respect to regulatory expectations. The role is responsible for regulatory engagement on a wide range of topics, including credit risk and traded risks, and will collaborate with teams across regions.
About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.
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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. We can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
What will you be doing?
- Support Firm Risk Management's engagement with the PRA and the ECB, including, but not limited to, preparation of on-site visits / workshops and information requests; compiling, reviewing & challenging submission materials
- Assist with regulatory self-assessments which are either required for regulatory model applications, assessment against new regulations or which support the Risk Division in ensuring ongoing regulatory compliance
- Support large-scale regulatory remediation projects, providing advice on regulatory expectations and reviewing and challenging documentation supporting the closure of project milestones / regulatory findings
- Assist in reviewing Risk policies and procedures to ensure regulatory requirements are appropriately reflected
- Assist in monitoring the EMEA Risk related regulatory landscape to identify and socialise relevant regulatory publications and to ensure appropriate next steps are taken
What we're looking for:
- Bachelor's degree or equivalent
- Experience in working on regulatory issues or regulatory implementation projects (e.g. regulatory applications for internal model applications)
- Experience in Risk Management at leading financial institutions (preferred)
- Knowledge of risk related elements of the PRA and/or ECB regulatory rulebooks
Skills that will help you in the role:
- The ability to effectively communicate with a wide range of stakeholders, both written and verbally
- Confidence to take ideas forward and to challenge others, where appropriate, with experience in management by influence, facilitating and gaining consensus
- An interest in working in a fast-paced environment, often balancing multiple high priority deliverables
- Strong attention to detail and ability to distil technical information to produce concise and effective presentations
- The ability to work independently in a self-directed way in a collaborative, team-oriented environment
Where will you be working?
- A short paragraph, no more than 5 lines on the location
- What facilities are there?
- What is the culture?
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.
Internal Applicants:
Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here.
Equal opportunities statement:
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.
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.
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.