Governance Control Senior Associate

We're seeking someone to join our Model and EUC Governance team as a skilled Governance Control Director within Finance Division, under Centralized Management. This is a unique opportunity to work across all risk stripes (credit, market, operational, liquidity and model risk) globally, provides close interaction with both model/EUC developers and reviewers as well as interaction across business and functional areas (departments) across the firm.

You will track and report progress on remediation of model and EUC specific issues identified by regulators, internal audit and through independent model review, as well as oversee the inventories, policies, procedures and governance processes relevant to Model and EUC risk across the Finance division. If you have a keen eye for detail and a passion for streamlining control and governance processes to gain efficiency, we would love to hear from you.

In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis and advisory services of the Firm's financial and capital resources.

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:
- Streamline the execution of the model control and EUC frameworks for all Finance models and EUCs including appropriate governance, documentation standards and policies and procedures through stakeholder management.
- Support inventory maintenance of all models, Tools, and EUCs developed and used within Finance through stakeholder management.
- Monitor documentation status to ensure completion and manage broader model certification and exception process
- Establish timeline of projects to ensure tasks are finished within the confines of the assignment while monitoring progression of the tasks
- Enable appropriate escalation of any item that may impact timely delivery or cause a change to the agreed scope of project
- Ensure comprehensive documentation of requirements, assumptions, changes in scope etc.
- Provide input and insight to Reporting team preparing presentation materials for model committees and applicable regulatory exams and requests, ensuring accuracy and timely delivery.
- Ensure effective communication and reporting to functional teams, manager, stakeholders, and senior leadership
- Proactively identify emerging risks in individual and department work and contribute to strategies for mitigating them
- Act as a role model and culture carrier; Embody and set an example of the Firm's values and hold yourself and others accountable to Firm standards

What you'll bring to the role:
- Advanced understanding of Finance functional area, product and/or client segment and technical skills, as well as of industry and competitive environment
- Ability to provide positive and constructive feedback and acknowledge efforts of team members
- Ability to articulate risk and impact to various audiences, and create plans to mitigate those risks
- Strong problem-solving skills and ability to work with complex datasets
- Excellent communication skills in both verbal and written English
- Ability to develop quick rapport at all levels with both technical and business stakeholders
- Strong numerical and analytical skills, with great attention to detail
- Ability to interact cross regions and work effectively on multiple projects under tight deadlines.
- Flexibility to adapt to changing environments quickly and effectively
- At least 6 years' relevant experience would generally be expected to find the skills required for this role
 

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.