Operational Risk and Controls Program Specialist: Job Level - Director (Assistant Vice President)

Team Profile

The NFR Risk Assessments and Controls program team defines the framework and requirements, including roles and responsibilities for the Firm-wide Non- Financial Risk Assessment and Controls Governance Programs.

The team monitors compliance with minimum standards, provides guidance, training, and support throughout the execution process. In addition, the team co-ordinates completion of the independent risk management review & challenge process. To perform this role successfully, a high level of interaction is required with business areas at all levels of the organization, and internally across Operational, Compliance and Financial Crimes risk.

What you'll do in the role:

• Facilitating the completion of the Firm's NFRA and Controls Governance program, working closely with Business Unit and Infrastructure groups to support completion of their assessments, including communicating procedure requirements.
• Define and facilitate independent quality assurance reviews of the NFRA and Controls, working closely with Second Line Coverage teams across Operational Risk, Financial Crimes and Compliance. This includes reporting and escalation of any issues identified and timely resolution of QA issues with the business;
• Support the development and enhancement of the NFRA and Control Governance policies, procedures and related training program, providing input and working with the relevant Second Line Coverage teams across Operational Risk, Financial Crimes and Compliance and other NFR Framework teams as required;
• Analyze NFRA, Controls and other Non - Financial Risk data to produce risk profile analysis for quality assurance, senior management and governance forums;
• Collaborate with other work streams within Non - Financial Risk Framework, e.g. Issues and Actions, Scenario Analysis, Key Controls, and other NFR Team such as Data & Analytics, Monitoring and Oversight, Technology etc. as required for successful delivery of the NFRA and Control Governance Programs;

What you'll bring to the role:

• At least 4 relevant years of financial services experience;
• Experience with core banking, investment and trading products, regulations and typologies;
• Strong risk, process and control assessment and validation skills;
• Strong technical understanding of the financial services regulatory environment, with a focus on compliance risk;
• Strong communication, analytic, risk management, and computing skills;
• Advanced Excel knowledge and Data analysis skills; experience working with large data sets including deconstructing data sets and/or their associated queries; knowledge of general IT controls; business analyst experience;
• An undergraduate degree (B.A., B.S., or equivalent) required

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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.

Certified Persons Regulatory Requirements:
If t his 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.

Client-provided location(s): Budapest, Hungary

Job ID: Morgan-549785529769

Employment Type: FULL_TIME

Posted: 2025-06-26T23:37:47