Director, Third Party Risk Management

Reposted Yesterday
Be an Early Applicant
Dallas, TX, USA
In-Office
130K-183K Annually
Expert/Leader
Fintech • Financial Services
The Role
Lead third-party due diligence and vendor resilience for the global program. Evaluate supplier controls and evidence, drive process improvements, present findings to governance, update policies and guidance, escalate issues, and mentor the team. Ensure compliance with industry standards (NIST, CCM, CRI, ISO, SSAE/SOC) and support regulatory and stakeholder requests.
Summary Generated by Built In

We're seeking someone to join our team as a Director level, supporting Third Party Due Diligence within the Global Third-Party Program Management team. This position plays an integral role in strengthening the Firm's ability to assess potential operational disruption and oversee overseeing resilience standards and risk mitigation across external vendors.
In the Corporate Services division, we empower our businesses by creating collaborative workplace solutions and commercial services that enhance the employee and client experience, while optimizing the value of our sourcing and third-party lifecycle to enable the Firm to do-and-win business.

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:
- Collaborate with Technology, Business Units, and Suppliers to evaluate suppliers' implementation of controls and policies as detailed in questionnaire responses and provided evidence provided
- Drive and support change management and further enhancement and streamlining of the assessment process
- Lead continuous improvement initiatives to the due diligence assessment program
- Serve as a subject matter expert by interpreting risk and control issues and providing guidance on related observations
- Present findings to management and governance bodies, including preparing clear and concise responses to compliance and regulatory requests
- Escalate and manage proactive stakeholder engagement
- Review and update key process documentation such as Policies, Procedures, Desktop Guidance and instructional and guidance materials
- Support and enable the team to achieve success in their pursuit of personal and program level objectives
What you'll bring to the role:
- Bachelor's degree in: Business Administration, Risk Management, or Business Continuity/Resilience
- A minimum of 10 years of experience in Information Security, Cybersecurity, Business Continuity and / or risk and control assessments in the financial services industry
- Professional qualifications from industry standard institutions such as ISACA is a plus
- Exceptional Project Management skills and execution mindset
- Experience in and strong understanding of relevant Industry Standards (NIST, CCM, CRI etc.)
- Knowledge of best practices and certifications (e.g. CRI, ISO certifications, SSAE/SOC reports etc.)
- Experience in managing / leading high performing Third Party Risk Assessment teams
- Financial industry experience especially focused on Business Continuity / Disaster Recovery Controls and risk methodologies
- Strong leadership skills with the ability to drive change and foster a culture of accountability excellence
- Ability to build and sustain relationships with individuals at all levels of the organization and manage global stakeholders
- Dynamic individual with the ability to switch context quickly and work on multiple streams of work simultaneously with high attention to detail
 

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.

Expected base pay rates for the role will be between $130,000 and $182,500 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 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 degree in Business Administration, Risk Management, or Business Continuity/Resilience
  • Minimum of 10 years' experience in Information Security, Cybersecurity, Business Continuity and/or risk and control assessments in the financial services industry
  • Professional qualifications from industry standard institutions such as ISACA
  • Exceptional Project Management skills and execution mindset
  • Experience in and strong understanding of relevant Industry Standards (NIST, CCM, CRI etc.)
  • Knowledge of best practices and certifications (e.g. CRI, ISO certifications, SSAE/SOC reports)
  • Experience managing/leading high performing Third Party Risk Assessment teams
  • Financial industry experience focused on Business Continuity/Disaster Recovery controls and risk methodologies
  • Strong leadership skills with the ability to drive change and foster a culture of accountability and excellence
  • Ability to build and sustain relationships with individuals at all levels and manage global stakeholders
  • Ability to work on multiple streams simultaneously with high attention to detail

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.

  • 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.
  • 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.
  • 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.

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The Company
HQ: New York, NY
87,899 Employees

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.

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