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Morgan Stanley · 5 hours ago

Sr. Risk Officer

New York, NY

Full-time

Onsite

Senior Level

$170K/yr - $215K/yr

Morgan Stanley is a leading global financial services firm, and they are seeking a Senior Risk Officer to oversee risk, supervisory, and compliance functions within the Market. The role involves managing risk practices, ensuring adherence to regulations, and providing guidance on compliance policies.

Asset ManagementFinanceFinancial ServicesLending

Responsibilities

Primary responsibility for all risk, supervisory, and compliance functions for the Market

Communicates and facilitates any supervisory inquiry or process that requires escalation from the Market to the Regional Risk Officer

Focuses on business ethics and regulatory and compliance practices

Provides the coaching and guidance on policies and procedures in order to promote risk awareness and a compliant environment within the Market

Ensures proper procedures are in place to ensure that approvals are handled appropriately and timely

Manages the Market Risk Officers within the Market to ensure consistent regulatory and compliance practices

Ensures procedures are in place for self-audits

Monitors and implements procedures to manage all facets of risk, including data security, across the Market

Facilitates regular and consistent communication of Morgan Stanley Wealth Management policies and other regulations

Liaises with the Legal and Compliance Division with customer complaints and litigation

Together with the Market Executive and Market Risk Officers, ensures appropriate supervisory coverage is maintained at all times across the Market as required by Firm policy

Oversees all responsibilities outlined in the Branch Supervisory Manual, as well as new policies to ensure the market has procedures in place

Is responsible for the preparation for and response to audits, and ensures that any audit findings are appropriately responded to and remediated

Works with Market Executive and Market Risk Officers to monitor people risk, and ensures appropriate action is taken

Responsible for proactive client contact within the Market in determining suitability and managing risk

Active involvement with the region regarding matters presented to the Credit Committee

Primary source for intelligence on risk in regard to clients and FAs

Active involvement with margin and credit decisions

Works closely with Special Investigation Unit on any Human Resources issues as related to risk and compliance

Together with the Market Risk Officers in the Market, facilitates the training of all personnel on Morgan Stanley Wealth Management compliance policies and procedures

Assists in the review and on boarding of FA recruits

Qualification

Risk ManagementCompliance PoliciesSeries 3SEC KnowledgeFINRA KnowledgeClient InteractionLeadershipCommunication SkillsAttention to DetailProblem Solving