Wealth Management Operational Risk Coverage Professional

About this role

Background on the Position The role will reside within Operational Risk Department. Operational Risk refers to the risk of financial or other loss, or potential damage to a firm's reputation, resulting from inadequate or failed internal processes, people, systems, or from external events (e.g., fraud, legal and compliance risks or damage to physical assets). The Firm may incur operational risk across the full scope of its business activities, including revenue-generating activities (e.g., sales and trading) and control groups (e.g., information technology and trade processing)

This position directly supports a senior-level team in operational risk by providing analytical, decision-making, and presentation support. The successful candidate will be responsible for developing and enhancing ORD's capabilities to oversee the investment and product risks associated with the provision of wealth management and banking product services through WM's almost 16,000 Financial Advisors located in over 600 locations. Strong knowledge of financial products and wealth management services is essential to engage in constructive discussions about investment risks relative to a client's goals, investing experience, product knowledge, and risk tolerance

Specific experience with surveillance tools and data analytics to extract risk insights is required to develop 2nd line risk monitoring and management tools and reports. As this role sits in the 2nd line Wealth Management Risk coverage organization, a key enabler for success will be the ability to establish strong relationships across the organization, while maintaining a healthy challenge with the business teams. Primary Responsibilities \- Support the Independent Risk Management oversight for Wealth Management's Investment Solutions organizations, including Advisory Services and Capital Markets

\- Establish, maintain, and execute the Operational Risk Management Oversight Framework. \- Identify risk issues in the

Apply for this role on Morgan Stanley’s official careers site.