Executive Director - Market Risk COO
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.
The Executive Director - Market Risk COO role sits in FRM Market Risk. Market Risk Management Division (MRD) independently identifies, analyses, reports and escalates market risk across EMEA, providing robust challenge to the business. The team spans Risk Managers, Stress Testing, Legal Entity Portfolio, Projects and Middle Office (data management).
Primary Responsibilities
- Partner with the EMEA & UK Head of Market Risk to set and drive the department's operating agenda, governance and execution discipline.
- Create crisp leadership materials (business plans, offsites, townhalls, Board and senior management updates).
- Lead and coordinate priority change across MRD (strategic initiatives, regulatory deliverables, remediation).
- Own delivery of the EMEA MRD Non-Financial Risk Assessment (NFRA), aligning with global and regional partners.
- Manage the Budapest MRD COO team; connect execution across the global MRD COO network.
- Run the people agenda; workforce planning, onboarding/offboarding, training, talent development and headcount governance.
- Own audit readiness and control testing; drive timely, sustainable closure of findings.
- Strengthen the MRD policy and procedures framework to keep pace with business, regulatory and operating-model change.
- Own the EMEA MRD outsourcing framework, ensuring governance, oversight and regulatory compliance.
- Own EMEA MRD budget planning, forecasting and cost discipline.
- Lead Business Continuity planning for the region, meeting firmwide standards and local requirements.
- Act as EMEA MRD Security Officer, maintaining entitlements and access controls within the market risk governance framework.
FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views.
Experience
- Bachelor's degree (or equivalent).
- 5+ years in risk management/COO, preferably within market risk or a front-office risk function.
- Proven self-starter with strong judgment; comfortable operating with ambiguity and driving outcomes.
- Excellent communication and stakeholder management across senior risk, business and control partners.
- Highly structured and detail-oriented; able to translate complexity into clear, concise outputs (advanced Microsoft Office skills).
- Strong prioritisation in a fast-paced environment, balancing multiple senior-driven deliverables.
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their goals. We do it in a way that's differentiated - and we've done that for 90 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.
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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 opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo .
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)