Morgan Stanley & Co.
Risk Officer - II Solutions
Morgan Stanley & Co., Atlanta, Georgia, United States, 30383
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management, and wealth management services. Morgan Stanley Wealth Management (MSWM) has over $2 trillion under management and is one of the world’s largest networks of Financial Advisors.Institutional Infrastructure Solutions (IIS) is an institutional branch that provides world-class service to Morgan Stanley’s institutional and family office clients. IIS supports clients in partnership with Financial Advisors, our Outsourced Chief Investment Office (OCIO), and WM Operations. IIS specifically supports all client service model execution processes including Client Onboarding and Maintenance, Money Movement, Asset Aggregation and Accounting, Billing, and Client/IO Reporting.The Risk Officer is a senior position in IIS responsible for a wide variety of supervisory, compliance, and risk functions. The Risk Officer has accountability for maintaining a consistent controlled environment through adherence to business ethics and practices and adherence to all applicable Federal, State, and Local laws, Morgan Stanley Wealth Management and Fund Services policies, and other regulations. The Risk Officer keeps the Senior Institutional Relationship Officer and MFO Specialized Risk informed of significant matters.Role Responsibilities
Surveillance and Supervision
Primary responsibility for all risk, supervisory, and compliance functions for one or more groups of Support personnel and multiple MFO clientsFacilitates any supervisory inquiry or process that requires escalationFocuses on business ethics and regulatory and compliance practicesProvides coaching and guidance on policies and procedures across IIS in order to promote risk awareness and a compliant environmentEnsures proper procedures are in place to ensure that approvals are handled appropriately and timelySpecifically supervises all money movement and trade execution activities within the IIS branch inclusive of transactions executed on the Fund Services and outside Custodial platformsReviews and responds to a variety of supervisory alerts in a timely and sufficient mannerRisk Management/Compliance/Legal
Monitors and implements procedures to manage all facets of risk, including data securityFacilitates regular and consistent communication of Morgan Stanley Wealth Management policies and other regulationsLiaises with the Legal and Compliance Division with customer complaints and litigationEnsures appropriate supervisory coverage is maintained at all timesOversees responsibilities outlined in the Branch Supervisory Manual, as well as new policies to ensure the Branch has procedures in placeSupports in the preparation for and response to audits, and ensures that any audit findings are appropriately responded to and remediatedWorks with Senior Institutional Relationship Officer to monitor people risk, and ensures appropriate action is takenIn partnership with the Investment Officer, responsible for proactive client contact in determining suitability and managing riskPrimary source for intelligence on risk in regard to clients and personnelMinimum Requirements
Bachelor’s degree or equivalent work experiencePrevious industry experienceActive Series 7, 8 (or 9 and 10), and 63, 65 (or 66)Other licenses as required for the role or by managementStrong knowledge of SEC, FINRA Rules and Regs including Investment and Product KnowledgeKnowledge of applicable laws and regulations pertaining to senior or vulnerable adult matters preferredEffective written and verbal communication skillsAbility to prioritize and resolve complex problems and escalate as necessaryAbility to identify issues and trends in order to anticipate change and provide recommended comprehensive solutions and remediesAbility to organize and prioritize tasks and assignments in a deadline-oriented environmentAbility to interact with Financial Advisors and clientsExcellent judgment and the ability to be discreet in all mattersStrong quantitative and analytical skillsHigh motivation and energy with the ability to develop strong working relationshipsA calm demeanor and ability to work on multiple tasks at one timeSelf-starter with a strong attention to detailAbility to work well with colleagues across a diverse range of working groups in a fast-paced environmentExcellent problem-solving and business judgmentStrong organizational, planning, and time management skillsAbility and willingness to voice ideas, in addition to following instructionsProficiency in MS Office, PowerPoint, ExcelMorgan 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).
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Surveillance and Supervision
Primary responsibility for all risk, supervisory, and compliance functions for one or more groups of Support personnel and multiple MFO clientsFacilitates any supervisory inquiry or process that requires escalationFocuses on business ethics and regulatory and compliance practicesProvides coaching and guidance on policies and procedures across IIS in order to promote risk awareness and a compliant environmentEnsures proper procedures are in place to ensure that approvals are handled appropriately and timelySpecifically supervises all money movement and trade execution activities within the IIS branch inclusive of transactions executed on the Fund Services and outside Custodial platformsReviews and responds to a variety of supervisory alerts in a timely and sufficient mannerRisk Management/Compliance/Legal
Monitors and implements procedures to manage all facets of risk, including data securityFacilitates regular and consistent communication of Morgan Stanley Wealth Management policies and other regulationsLiaises with the Legal and Compliance Division with customer complaints and litigationEnsures appropriate supervisory coverage is maintained at all timesOversees responsibilities outlined in the Branch Supervisory Manual, as well as new policies to ensure the Branch has procedures in placeSupports in the preparation for and response to audits, and ensures that any audit findings are appropriately responded to and remediatedWorks with Senior Institutional Relationship Officer to monitor people risk, and ensures appropriate action is takenIn partnership with the Investment Officer, responsible for proactive client contact in determining suitability and managing riskPrimary source for intelligence on risk in regard to clients and personnelMinimum Requirements
Bachelor’s degree or equivalent work experiencePrevious industry experienceActive Series 7, 8 (or 9 and 10), and 63, 65 (or 66)Other licenses as required for the role or by managementStrong knowledge of SEC, FINRA Rules and Regs including Investment and Product KnowledgeKnowledge of applicable laws and regulations pertaining to senior or vulnerable adult matters preferredEffective written and verbal communication skillsAbility to prioritize and resolve complex problems and escalate as necessaryAbility to identify issues and trends in order to anticipate change and provide recommended comprehensive solutions and remediesAbility to organize and prioritize tasks and assignments in a deadline-oriented environmentAbility to interact with Financial Advisors and clientsExcellent judgment and the ability to be discreet in all mattersStrong quantitative and analytical skillsHigh motivation and energy with the ability to develop strong working relationshipsA calm demeanor and ability to work on multiple tasks at one timeSelf-starter with a strong attention to detailAbility to work well with colleagues across a diverse range of working groups in a fast-paced environmentExcellent problem-solving and business judgmentStrong organizational, planning, and time management skillsAbility and willingness to voice ideas, in addition to following instructionsProficiency in MS Office, PowerPoint, ExcelMorgan 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).
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