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Investment Management Operational Risk Coverage Officer

Today New York, NY

Firm Overview
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 grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Legal and Compliance Division Overview
The professionals in the Legal and Compliance Division LCD provide a wide range of services to our business units. LCD is made up of the Legal, Regulatory Relations, and Non-Financial Risk departments which preserve the firm's invaluable reputation for integrity and protect the firm from sanctions with policies and procedures that are designed to meet regulatory requirements around the world. We also strive to maintain cooperative relationships with governmental policy makers and the regulatory and self-regulatory agencies that govern the firm's businesses.

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Background on the Position
We are looking for an inspiring leader to join MSIM's operational risk coverage team. The role will reside within 2nd line Non-Financial Risk's Operational Risk Department.

Operational risk is defined as the risk of loss or impacts resulting from inadequate or failed internal processes, people and systems or from external events. The Firm may incur operational risk across the full scope of its business activities, including revenue-generating activities (e.g., fund investment) and control groups (e.g., information technology and fund administration).

The principal role as the MSIM Operational Risk Coverage Officer is to partner with the Firm's Investment Management Business Units and Control Groups to provide independent advice and guidance on execution of business activities, strategic programs and initiatives, ensure operational risk policies and procedures are executed as intended and to conduct independent oversight activities such as proactive risk reviews.

Primary Responsibilities
> Partner with the Investment Management Business Unit and related Control Groups, to act as the primary second line relationship manager with first line risk teams for operational risk matters, including liaising with second line specialty risk, compliance, global financial crimes and testing teams
> Play an active role in preparing relevant Governance topics and materials, providing risk management insight, review and challenge
> Oversee losses and impacts to investment management and monitor mitigating actions
> Advise on investment management process and control design as well as remediation
> Identify areas of emerging or heightened risk. Monitor risk factors and trends within Investment Management to confirm appropriate risk reduction and remediation.
> Perform deep dives and Lessons Learned exercises into material operational risk events (internal and external) and analyses of thematic operational risks
> Lead Scenario Analysis activities where significant and emerging risks are assessed
> Play an active role in the review and approval of new products and new activities originating from the Investment Management Business
> Work collaboratively in a high performing global team responsible for identifying, assessing, reporting, and capturing operational risk information

Qualifications & Experience
> 10+ years of work experience in Financial Services, preferably including experience in an Investment Management / Asset Management environment and/or experience in navigating a large investment banking firm environment. Internal experience in business, risk, audit and/or control functions (e.g. Operations, Finance) is strongly preferred
> Strong understanding of Investment Management rules & regulations, in addition to public (Equities, Multi-Asset, Fixed Income etc.) and private (Alternatives, Private Credit etc.) markets.
> Success with operating and managing within a matrix reporting environment, including oversight, delegation, prioritization, performance reviews and evaluations.
> Self-starter with the ability to independently formulate and execute new ideas, and to critically evaluate risks
> Strong communication and organization skills with the ability to multitask and prioritize; ability to work under pressure and to tight deadlines
> Bachelor's degree or equivalent, ideally in a quantitative discipline, Finance, Economics or similar

Morgan Stanley is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views.

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.

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 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 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 .

Client-provided location(s): New York, NY
Job ID: Morgan-PT-JR035688
Employment Type: FULL_TIME
Posted: 2026-04-29T18:46:03

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)