Central Risk Reporting_Director_Change, Analytics & Strategy
Morgan Stanley · Mumbai
- Posted
- today
- Experience
- 8+ yrs
- Pay
- Not stated
About the job
We’re seeking someone to join our team as a Central Risk Reporting_Director_Change, Analytics & Strategy in WM Operations to lead centralized risk reporting, ensuring that risk events, metrics, governance updates, training, phishing, audit activity and other key risk matters are communicated accurately and timely to senior management and risk leaders. The Manager will provide day-to-day oversight of reporting deliverables, challenge data quality and trends, coordinate across Operations Risk and Firmwide Operations partners, and drive enhancements to reporting processes and controls.
This is a Risk Manager position at Director level within Change, Analytics & Strategy, which is responsible for developing operating and technology strategies, managing and executing transformation initiatives, leading Agile fleet activities, driving innovation, developing analytics solutions and delivering business outcomes.
Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
What you'll do in the role:
- Lead the Central Risk Reporting function, including the planning, production, review and timely delivery of weekly, biweekly, monthly and ad-hoc risk reporting for WM Operations senior management and risk leaders.
- Own the end-to-end quality-control process for risk metrics and management reporting, including validation of source data, reconciliation of variances, documentation of assumptions and escalation of material issues.
- Analyze assessment results, key risk indicators, incidents and emerging trends to identify areas of heightened risk, develop actionable insights and recommend appropriate management response.
- Provide effective review and challenge of risk management activities, corrective actions and process enhancements; evaluate whether remediation is sustainable and appropriately addresses the underlying risk.
- Present key themes, trends, issues and decisions to senior stakeholders through concise written materials and verbal updates tailored to an executive audience.
- Manage relationships and reporting dependencies across Risk Management, Compliance, Legal, Technology and Operations teams; establish clear ownership, timelines and escalation paths.
- Drive standardization, automation and continuous improvement of reporting processes, procedures and controls to improve accuracy, efficiency and transparency.
- Oversee governance and reporting for production test accounts, ensuring appropriate monitoring, issue escalation and management visibility.
- Provide management oversight of FINRA registration support for the division, including registration windows, study-material orders, registration changes, vendor invoices and related confidential testing data.
- Develop procedure documentation, cross-training and resiliency coverage for Central Risk Reporting, test accounts and FINRA registration activities.
- Serve as a subject matter expert within functional area, working with Team Manager to manage processes, risks and/or projects, proposing and implementing improvements/changes.
- Act as key problem solver for area or expertise, applying detailed knowledge to address unique or novel situations, recognize risks and draw out key issues.
- Coordinate work, train and develop other team members where required, including task allocation, and project contribution.
What you'll bring to the role:
- Demonstrated leadership capability, including ownership of significant deliverables, coordination across teams and the ability to guide or develop junior colleagues.
- Strong risk and control judgment, with the ability to identify root causes, assess impact, challenge constructively and develop practical, sustainable solutions.
- Advanced analytical skills and experience using objective data to develop insights and recommendations; proficiency with Excel and experience with reporting or business-intelligence tools are strongly preferred.
- Excellent written and verbal communication skills, including the ability to distill complex issues into concise executive-level messaging and present effectively to senior management.
- Proven stakeholder-management and influencing skills, with the ability to build alignment and drive accountability across organizational levels and functions.
- Ability to manage multiple priorities, anticipate dependencies, make sound decisions and deliver high-quality work within established timeframes.
- High degree of discretion and sound judgment when handling confidential regulatory, testing and risk information.
- Ability to lead by example, work with drive and determination, and put forward challenging views to senior levels.
- Comprehensive knowledge and understanding of functional area and operational/compliance policies and procedures of their team.
- Ability to operate independently across the majority of day-to-day responsibilities.
- Culture carrier across Operations, embracing the Firm's core values and acting as a role model.
- Bachelor's degree or equivalent in a related field required.
- At least 8+ years of relevant experience in financial services, operations, risk management, controls, governance or management reporting, with demonstrated experience operating independently in a complex environment.
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo .