Are you ready to make a meaningful impact in the world of finance by enhancing governance and control processes? We are seeking a proactive and detail-oriented Governance Control Associate to join our Model and EUC Governance team within the Finance Division. This is a unique opportunity to work globally across all risk stripes—credit, market, operational, liquidity, and model risk. You will engage closely with model/EUC developers and reviewers, and collaborate across various business and functional areas within the firm. If you have a passion for streamlining processes and a keen eye for detail, we want to hear from you!
About Us:
Morgan Stanley stands as a global leader in financial services, excelling in investment banking, securities, investment management, and wealth management. We are passionate about shaping the future of our global business while making meaningful contributions to our local communities. Our team operates across various domains, including Technology, Mathematical Modelling, Finance, Risk Management, Operations, and Data & Analytics, from our state-of-the-art offices near the Danube. Our work spans global markets, offering you the chance to collaborate with top professionals in New York, London, Hong Kong, and beyond.
Key Responsibilities:
1. Inventory & Documentation Management
Maintain Inventories: Oversee the inventory of all models, tools, and EUCs within Finance, ensuring comprehensive and accurate records through effective stakeholder management.
Documentation Oversight: Monitor documentation status to ensure completion and manage the broader model certification and exception processes.
2. Framework Execution & Support
Framework Support: Assist in executing the model control and EUC frameworks, ensuring adherence to governance, documentation standards, and policies.
Insightful Reporting: Provide valuable input to the Reporting team for preparing presentation materials for model committees and regulatory exams, ensuring accuracy and timely delivery.
3. Communication & Risk Management
Effective Communication: Ensure clear and effective communication and reporting to functional teams, managers, stakeholders, and senior leadership.
Risk Identification: Proactively identify emerging risks and contribute to strategies for mitigating them.
4. Leadership & Cultural Contribution
Role Model: Act as a role model and culture carrier, embodying the Firm's values and holding yourself and others accountable to Firm standards.
What You'll Bring:
Problem-Solving Skills: Strong ability to solve complex problems and work with intricate datasets.
Communication Excellence: Excellent verbal and written communication skills in English, with the ability to develop rapport at all levels with both technical and business stakeholders.
Analytical Skills: Strong numerical and analytical skills, with great attention to detail.
Adaptability: Flexibility to adapt to changing environments quickly and effectively.
Cross-Regional Interaction: Ability to interact across regions and work effectively on multiple projects under tight deadlines.
Finance Expertise: In-depth knowledge of the Finance functional area, products, client segments, and industry environment.
Independent Operation: Ability to operate independently with respect to most job responsibilities.
Feedback & Innovation: Ability to provide positive and constructive feedback and innovate processes.
Experience: At least 4 years of relevant experience is generally expected to possess the skills required for this role.
What We Offer:
Global Exposure: Engage with Morgan Stanley offices worldwide, including New York, London, Paris, Hong Kong, and Tokyo, in a collaborative and inclusive environment.
Professional Growth: Access world-class internal training and support for professional qualifications, enhancing your career development.
Flexible Work Arrangements: Enjoy core working hours and the flexibility to work from home, supporting your work-life balance.
Competitive Compensation: Benefit from a competitive salary, annual bonus eligibility, a fully funded sports package, healthcare plan, and a firm contribution to a voluntary pension fund.
Comprehensive Benefits: Take advantage of 16 weeks of paternity leave and other comprehensive benefits designed to support your well-being.
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.
Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.
Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
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
- At least 4 years of relevant experience
- Strong analytical skills and attention to detail
- Excellent verbal and written communication skills in English
- Ability to operate independently
- In-depth knowledge of the Finance functional area
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.
