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Morgan Stanley · 1 month ago

Senior Investor Oversight Risk Group: Vice President

South Jordan, UT

Full-time

Onsite

Mid, Senior Level

$120K/yr - $165K/yr

5+ years exp

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Wealth Management Senior Investor Oversight Risk team is seeking a Vice President to advise on the proper handling of senior and vulnerable client matters, ensuring compliance and risk mitigation. Responsibilities include collaborating with various internal and external parties, educating staff, and overseeing responses to financial exploitation concerns.

Asset ManagementFinanceFinancial ServicesLending

Responsibilities

Review, oversee, and advise on the implementation of the firm’s response to potential events of senior or vulnerable adult financial exploitation, diminished capacity, or other concerns affecting Morgan Stanley’s senior or vulnerable clients

Collaborate with internal partners in Business, Corporate Security, Fraud, Legal, Compliance and Risk to formulate actions plans to remediate risk

Provide notifications to and work with appropriate state agencies and regulators

Educate Financial Advisors, Risk Officers, and Service Representatives on identifying and escalating senior or vulnerable matters and advising clients and their immediate family on strategies to better protect assets and mitigate risks

Advise Risk Officers on interviewing senior investors and handling client resolutions of financial exploitation events

Participation in the assessment of existing controls and processes to mitigate elder client risk, the development of new controls and responses to supervisory alerts

Qualification

Risk managementCompliance knowledgeFinancial exploitation preventionAnalytical skillsMS Office proficiencyEmpathyCompassionCalm demeanorBrokerage knowledgeSeries 7Communication skillsOrganizational skillsProblem-solvingTeam collaborationAttention to detailTime managementSelf-starter

Required

Minimum of 5 years' experience in the financial industry, preferred supervision experience or work experience in compliance, risk management, fraud prevention or law enforcement

Knowledge of applicable laws and regulations pertaining to senior or vulnerable adult matters

Strong verbal and written communication skills

Empathy, compassion and care for vulnerable individuals and seniors with possible capacity or other issues

Strong analytical skills

High motivation and energy with ability to develop strong working relationships

Basic knowledge of Brokerage and Bank business

A calm demeanor and ability to work on multiple tasks at one time

Self-starter with a strong attention to detail

Ability to work well with colleagues across a diverse range of working groups in a fast-paced environment

Advanced proficiency in MS Office, PowerPoint, Excel

Excellent problem-solving and business judgment

Strong organizational, planning and time management skills