Vice President, Non-Financial Risk Governance
1 week ago• Budapest, Hungary
Shape the language of risk. Drive firmwide consistency. Influence strategic decisions.
Join Morgan Stanley's Non-Financial Risk (NFR) organization and take ownership of one of the most strategic governance programs supporting the Firm's risk ecosystem.
This is a unique leadership opportunity for a risk governance professional who enjoys bringing structure to complexity, building consensus across diverse stakeholders, and driving enterprise-wide change. As part of the Unified Categorization Model (UCM) team, you will help define how Non-Financial Risk is classified, governed, reported, and understood across the organization. The role combines governance leadership, stakeholder influence, change management, and strategic program development.
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In the Legal & Compliance division, we assist the Firm in achieving its business objectives by facilitating and overseeing the Firm's management of legal, regulatory and franchise risk.
Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
What you'll do in the role:
- Lead governance and change management activities across the Firm's Unified Categorization Model
- Oversee risk taxonomies, inventories, and categorization standards used across multiple risk programs
- Evaluate, challenge, and approve taxonomy and inventory changes
- Ensure governance standards and data quality requirements are consistently applied
- Drive the continued evolution of the Firm's risk classification model
- Promote adoption of common standards across Operational Risk, Compliance Risk, Financial Crime Risk, and other Non-Financial Risk programs
- Partner with senior stakeholders to improve reporting, analytics, and interoperability across systems
- Identify opportunities to improve usability, transparency, and effectiveness of the framework
- Build strong relationships across Risk, Compliance, Technology, Data, and Business functions
- Facilitate governance discussions and strategic decision-making
- Provide leadership, direction, and oversight for the Budapest-based team
- Act as a trusted advisor to stakeholders navigating complex governance and taxonomy topics
What you'll bring to the role:
- 6-10 years of experience in Risk, Governance, Controls, Compliance, Financial Crime, Risk Transformation, or Big 4 Risk Advisory
- Strong stakeholder-management skills and the ability to influence senior audiences
- Experience leading governance initiatives, frameworks, standards, or enterprise programs
- Excellent communication skills and the ability to translate complex concepts for both technical and non-technical audiences
- Strong analytical and data skills, including experience working with large datasets
- Experience leading teams, setting priorities, and driving execution
- Strong attention to detail combined with strategic thinking
- The ability to thrive in an evolving, fast-paced, global environment
Why join Morgan Stanley?
- Play a central role in one of the Firm's most important Non-Financial Risk initiatives
- Partner with senior leaders across Risk, Compliance, Technology, Data, and Business functions
- Influence how risk is defined, measured, reported, and managed globally
- Build expertise in risk governance, data governance, and enterprise-wide transformation
- Lead high-profile strategic initiatives with visible impact
- Join a collaborative global team that values innovation, ownership, and continuous development
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 .
Client-provided location(s): Budapest, Hungary
Job ID: Morgan-PT-JR045031
Employment Type: FULL_TIME
Posted: 2026-10-02T18:53:23
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)