Senior Associate, Non-Financial Risk Assessment Program
We're seeking someone to join our team as a Senior Associate to the Non-Financial Risk Assessment (NFRA) team which is responsible for designing, implementing, and maintaining the Firm's framework for identifying, assessing, and managing non-financial risks. We ensure robust controls are in place to mitigate risks and protect the firm's reputation and clients. The team partners closely with business units, technology, and risk functions to drive a culture of risk awareness and continuous improvement.
The Non - Financial Risk Assessment (NFRA) team is responsible for designing,
implementing, and maintaining the Firm's framework for identifying, assessing, and
managing non - financial risks. In the Audit division, we provide senior management with
an objecti ve and independent assessment of the Firm's internal control environment.
The NFRA team ensures robust controls are in place to protect the firm's reputation and
clients by partnering closely with business units, technology, and risk functions to drive
a culture of risk awareness.
Since 1935, Morgan Stanley has been a global leader in financial services, and this
Associate position within Business Audit is key to inspecting controls across front,
middle, and back - office functions.
What you'll do in the role:
• NFRA Program Leadership: Facilitate the execution of the firm's NFRA program,
working with 1st and 2nd line of defense teams to ensure consistent compliance
with minimum standards.
• Risk Identification & Audit: Collaborate with stakeholders to identify and
document non - financial risks, ensuring exposures are understood and
appropriately managed within the audit framework.
• Quality Assurance & Issue Resolution: Conduct independent quality reviews of
risk assessments and controls; partner with stakeholders to drive timely
remediation of thematic issues.
• Data Analysis & Reporting: Analyze risk and control data to identify trends and
gaps. Prepare insightful reports and presentations for senior management and
governance forums.
• Stakeholder Management: Serve as a subject matter expert, maintaining stron
relationships with functional lines, technology, and risk counterpart
(Operational, Compliance, and Financial Crimes).
• Continuous Improvement: Identify opportunities to strengthen the contro
environment leveraging data analytics and industry best practices.
What you'll bring to the role:
• Experience: At least 4 years of relevant financial services experience (Big 4 or
Risk Consulting experience is highly valued).
• Technical Knowledge: Strong understanding of the regulatory environment,
specifically regarding Operational, Compliance, and Financial Crimes Risk.
• Risk Expertise: Hands - on experience with enterprise risk programs, including
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risk, process, and control assessment (RCSA) and validation.
• Analytical Skills: Advanced Excel and data analysis skills; ability to deconstruct
large data sets and associate queries to find actionable insights.
• Communication: Ability to tailor complex technical risk findings to both
technical and non - technical audiences.
• Education & Certification: An undergraduate degree (B.A., B.S., or equivalent) is
required. Possession of (or ability to attain) the Series 99 license is preferred.
• Mindset: A highly motivated self - starter who can prioritize in a fast - paced
environment and work independently within a global program.
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.
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)