About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com.
About Parametric
Parametric is part of Morgan Stanley Investment Management, the asset management division of Morgan Stanley. We partner with advisors, institutions, and consultants to build portfolios focused on what's important to them and their clients. A leader in custom solutions for more than 30 years, we help investors access efficient market exposures, solve implementation challenges, and design multi-asset portfolios that respond to their evolving needs. We also offer systematic alpha and alternative strategies to complement clients' core holdings.
This role is part of Parametric's hybrid working model, which includes working in the office 3 days a week and choosing to work remotely or in the office the remaining days of the week.
About The Role
We are looking for individuals that have a strong curiosity and passion for learning, enjoy working in a fast paced and complex environment, and can drive conversations to obtain desired results.
The Senior Risk & Controls Specialist brings a deep understanding of IT and operational risk, and leverages that knowledge and experience to identify and apply policies and standards, assess risks and control activities, design remediation strategies, meet regulatory compliance requirements, plan for technology resiliency, gather risk and control and metrics, and develop and apply data protection practices. The individual in this role supports the operation and advancement of intelligent control design and risk mitigation strategies across Operations and IT to ensure its integration with business activities.
Primary Responsibilities
- Communicate effectively - both verbally and written - with technology and business partners to include strong discussion, debate and listening skills and the ability to look beyond obvious answers to understand impacts.
- Identify and develop metrics to illustrate control efficacy and the effectiveness of risk remediation efforts. Influence and aligns stakeholders in identifying and mitigating risks throughout the organization to ensure processes and practices are consistent and scalable across the organization.
- Partner with Enterprise Risk and Enterprise Internal Audit to prioritize and implement enterprise level recommendations. This position will also liaison with internal stakeholders across Operations and IT to identify and communicate risk status and controls, negotiate, and manage scope and schedules, and lead business partners in implementing best practices.
- Identify and implement opportunities for automation in control activities to reduce friction while improving accuracy.
- Ensure essential guidelines are in place to enable employees to accurately adhere to controls and regulatory requirements.
- Conduct internal reviews at regular intervals to ensure compliance procedures are regularly and accurately followed.
- Be a subject matter expert on the organization’s policies, regulations, and processes.
- Provide targeted training to various organizational staff members to promote risk and control responsibilities and awareness.
- Assist in the development and maintenance of a risk matrix/inventory.
- Drive continuous improvement and maturity of the organization’s risk-based approach to prioritizing strategic and operational activities.
- Collect, review, and submit requested artifacts for various audits including internal, external, and regulatory.
- Keep internal stakeholders informed of audit activities and upcoming requests, as well as any issues that may surface during reviews.
- Assist control owners in the development of automated access reviews in partnership with the Identity and Access Management team.
Job Requirements
- Bachelor’s degree in business, technology, or related field preferred
- A minimum of 7+ years’ experience working closely with Governance, Risk and Controls standards
- Solid understanding Service Organization Controls (SOC) and strong knowledge of Sarbanes Oxley (SOX) regulations
- Excellent verbal and written communication skills
- Experience in financial services highly desirable
- Demonstrated ability to articulate customized solutions to meet business requirements
- Experience working with Agile/Lean/Kanban software development processes
- Skills using a variety of tools to document workflows including Excel and Visio
- Understanding of analysis and documentation goals throughout the project lifecycle
- Ability to learn quickly and work in a evolving environment
- Ability to independently manage personal timelines and meet tight deadlines
- Ability to successfully manage and coordinate simultaneous deliverables across groups and teams
Parametric believes each member of our organization makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore, this job description is designed to outline primary duties and qualifications. It is our expectation that every member of our team will offer his/her/their services wherever and whenever necessary to ensure the success of our client services.
Salary range for the position: $110,000 - $225,000/Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.
Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
Posting Date
Nov 4, 2024
Primary Location
Americas-United States of America-Washington-Seattle
Education Level
Refer to Position Description
Job
Risk Management
Employment Type
Full Time
Job Level
Vice President
