Firm Risk Management
Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks.
Background on the Position
We are seeking a seasoned executive to assume the role of Head of Data and Reporting. This pivotal position involves steering the strategic direction and governance of our Risk Data and Reporting functions.
Risk Data (FRM Divisional Data Office) is responsible for the development and implementation of data quality standards across the division. This team governs and monitors risk domains (Credit risk, Market risk, Liquidity risk) to evidence compliance with Risk Data Policy and the BCBS 239 Principles.
The team collaborates across FRM functional and data teams, supporting Data Quality Governance Councils (DQGCs), Firmwide Data Office (FDO), Operational Risk Division (ORD) Technology partners (e.g., system owners), other Divisional Data Offices within Morgan Stanley and subject matter experts (SMEs) to oversee management of data owned and/or consumed by FRM.
The Reporting function is responsible for the execution and strategic renovation of the Reporting framework for Risk across regulatory, senior risk committee, and portfolio management reporting across risk stripes globally.
The selected candidate will lead teams focused on partnering with Risk Domains and Technology teams to develop and drive strategic solutions for process efficiency and data quality/data management and reporting challenges across FRM.
Primary Responsibilities
Overall service delivery for execution of responsibilities across Data and Reporting including execution of prioritized data initiatives, enhance and implement procedures for implementation of Global Data Quality Policy in FRM, and drive reporting transformation onto the strategic platform enabling timely, accurate, and high quality dashboarding and reporting for senior management decision making Identify opportunities for process improvements and efficiencies and lead execution of these initiatives to deliver tangible results Engage with key stakeholders, including business leaders, risk management teams to ensure alignment and transparency in risk practices Lead and mentor team members, fostering a culture of excellence, collaboration, and continuous development Develop and execute a talent strategy to attract, develop, and retain top-tier talent Promote a culture of knowledge sharing and best practices to enhance risk awareness and capabilities across the organization
Experience, Qualifications
Possess Bachelor’s or Master’s degree in Finance, or a related discipline 15+ years of work experience in the financial services industry preferably in risk management, finance, operation or equivalent experience Strong understanding of risk management concepts and financial products The ability to communicate with a wide range of stakeholders effectively and thoughtfully Strong organizational and project management skills
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.
Skills Required
- Bachelor's or Master's degree in Finance or related discipline
- 15+ years of work experience in financial services, preferably in risk management
- Strong understanding of risk management concepts and financial products
- Effective communication with stakeholders
- Strong organizational and project management skills
Morgan Stanley Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Morgan Stanley and has not been reviewed or approved by Morgan Stanley.
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Parental & Family Support — Family support is extensive, with paid parental leave for all parents, adoption and fertility assistance, backup childcare, and eldercare resources. Feedback suggests these programs meaningfully enhance the overall package and help with retention.
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Healthcare Strength — Health coverage spans medical, dental, vision, mental‑health access, care navigation, and expert second opinions. Convenient primary care access and condition‑specific support reinforce the depth of healthcare coverage.
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Equity Value & Accessibility — Equity compensation and stock ownership are positioned as core motivators that encourage commitment and retention. Feedback suggests education and support are provided to help participants manage equity and related financial benefits.
Morgan Stanley Insights
What We Do
Morgan Stanley mobilizes capital to help governments, corporations, institutions and individuals around the world achieve their financial goals. For over 85 years, the firm’s reputation for using innovative thinking to solve complex problems has been well earned and rarely matched. A consistent industry leader throughout decades of dramatic change in modern finance, Morgan Stanley will continue to break new ground in advising, serving and providing new opportunities for its clients. Morgan Stanley is committed to maintaining the first-class service and high standard of excellence that have always defined the firm. At its foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide its more than 60,000 employees in 1,200 offices across 41 countries.
