Capital & Data Risk / IM Risk (Risk Management) : Job Level - Vice-President
Associate - Asset Management Enterprise Risk
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 and Investment Funds from exposure to losses as a result of market, liquidity, credit and other risks.
Background on the Position
This role will reside within FRM's Investment Management Risk Department, focusing on enterprise risk oversight for the Firm's asset management business. The successful candidate will be based in New York and will drive the development, implementation, and monitoring of enterprise risk frameworks, with a strong emphasis on data management, reporting, and project delivery.
Primary Responsibilities
> Lead the identification, assessment, and monitoring of enterprise risks across the asset management business, including investment, market and strategic risks.
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> Develop, enhance, and maintain risk frameworks and policies, ensuring alignment with regulatory requirements and industry best practices.
> Oversee data management initiatives, including the sourcing, validation, and analysis of risk data to support decision-making and reporting.
> Prepare and deliver high-impact presentations and reports for senior management, boards, and regulators, using advanced PowerPoint and visualization tools.
> Manage and execute cross-functional risk projects, collaborating with business units, technology, and control functions.
> Support stress testing, scenario analysis, and risk concentration reviews across portfolios and business lines.
> Maintain active dialogue with asset management teams, risk colleagues, and support groups regarding business activities and risk exposures.
> Contribute to the continuous improvement of risk management capabilities, including automation, data infrastructure, and reporting processes. Experience & Skills
> Bachelor's degree required; Master's degree or higher preferred in finance, business, risk management, or a quantitative discipline.
> Minimum of 3 years' experience in financial services, with a focus on asset management and enterprise risk.
> Strong understanding of asset management products, services, and risk types.
> Demonstrated expertise in enterprise risk frameworks, risk identification, and risk reporting.
> Advanced skills in data management, including experience with Excel, PowerPoint, SQL, and data visualization tools (e.g., Tableau, Power BI).
> Excellent presentation and communication skills, with a track record of producing concise, effective reports and presentations for senior stakeholders.
> Proven project management experience, with the ability to lead and deliver complex risk initiatives.
> Detail-oriented, proactive, and able to work both independently and collaboratively.
> Familiarity with risk management systems (e.g., Barra, Aladdin) and statistical software packages is a plus.
> Industry certifications such as FRM or CFA are preferred.
Diversity Commitment
FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views.
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.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Expected base pay rates for the role will be between $120,000 and $205,000 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).
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)