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Morgan Stanley is a global financial services firm that conducts its business through three principal business segments—Institutional Securities, Wealth Management, and Asset Management. The Vice President position is with Morgan Stanley Bank, NA and Morgan Stanley Private Bank, National Association (US Banks) on the US Banks Inter-Affiliate Team.

The Affiliate Team Vice President position is responsible for supporting the US Banks’ Internal Affiliate program and reports into a US Banks’ Affiliate Program Management Officer. The program’s framework includes the following areas of responsibility:

• Ensure key regulatory guidance and requirements, particularly Office of the Comptroller of the Currency (OCC) Bulletin on Third Party Relationships and Regulation W, are adhered to for the Banks’ Affiliate Service Level Agreements (SLAs) • Lead weekly, monthly, and quarterly meetings with stakeholders related to the internal Affiliate management program • Actively partner across organizations in the implementation of enhancements and sustainability of the Affiliate Workflow tool for support with enhancing current manual processes • Lead discussions with stakeholders in support of oversight of internal Affiliate lifecycle management, including agreement creation with appropriate process level descriptions, cost and service levels, periodic risk monitoring, and contract termination • Collaborate with Business Continuity Management (BCM) Team to ensure appropriate alignment of processes in SLAs and associated applicable Business Impact Analysis.
• Complete ongoing affiliate SLA Criticality Assessments with stakeholders • Partner with, and leverage, Firm-wide monitoring groups and tools to oversee Affiliate Management activities conducted by employees of US Banks’ affiliates or through the services of external third parties • Provide oversight and training to ensure adherence to the Banks’ Inter-Affiliate Management Policies and Procedures • Prepare and present results of monitoring assessments, identified and remediation operational risks, and escalation of issues to senior bank management

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Experience

• Bachelor’s Degree in Finance, Business Administration, Accounting, Economics, or a related discipline. • Experience in Vendor Management, Affiliate Management, Operational Risk Management, and/or Regulation W. • Experience in a Bank with knowledge of US Banking regulations • 8 years of experience with proven ability in leading dynamic teams • Ability to chair meetings with senior management and communicate across a matrixed organization • Strong organizational, project management and reporting skills • Ability to work both independently and with team members, under tight deadlines.

Expected base pay rates for the role will be between $120,000 and $180,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

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).

Job: *Operational Risk

Title: Vice President U.S. Banks Affiliate Vendor Program Management

Location: New York-New York

Requisition ID: 3254994

Other Locations: Americas-United States of America-Maryland-Baltimore