At a Glance
- Tasks: Lead non-financial risk management in Wealth and Investment Management.
- Company: Join Morgan Stanley, a global leader in financial services since 1935.
- Benefits: Enjoy flexible working, comprehensive benefits, and career growth opportunities.
- Why this job: Make a real impact by driving key risk initiatives and collaborating with top professionals.
- Qualifications: 6+ years in finance, strong analytical skills, and leadership experience required.
- Other info: Be part of a diverse team committed to excellence and inclusion.
The predicted salary is between 43200 - 72000 £ per year.
We are seeking someone to join the Finance Risk & Assurance (FinRia) team as a Vice President to play a pivotal role in steering non-financial risk management activities across the Finance division with a dedicated focus on Wealth Management (WM) and Investment Management (IM) Finance. Your expertise will be central to driving key initiatives such as Risk & Control Self Assessment (RCSA), Operational Risk Governance and the development of divisional reporting metrics and risk monitoring processes.
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. This is a Vice President level position within the Risk Assurance Governance & Control job family which provides oversight and monitoring of operational risk or third party/outsourcing for the global Finance division validation and testing of financial and regulatory reports and reinforcement of regulatory requirements policies and procedures.
What you'll do in the role:
- Collaborate with a varied group of colleagues in Finance and across the Firm.
- Responsible for and lead a significant set of deliverables leveraging advanced understanding of Finance functional area product and/or client segment.
- 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.
- Lead key risk processes across WM and IM Finance functions within Finance including RCSA, business continuity, information security and other compliance activities.
- Own and deliver high impact initiatives leveraging deep finance expertise.
- Oversee team members preparation of risk reports and deliver actionable insights to senior stakeholders within Finance and across the firm.
- Supervise reporting of risk incidents within WM and IM Finance and perform thematic analysis to identify trends and recommend solutions.
- Drive issue resolution and action planning within the firm's risk inventory with a focus on ISG Product Control and Valuation control processes and controls.
- Identify emerging non-financial risks and assist senior management in developing mitigation strategies.
What you'll bring to the role:
- Advanced understanding of finance functional area product and/or client segment and technical skills as well as industry and competitive environment knowledge.
- Ability to provide positive and constructive feedback and acknowledge efforts of team members.
- Experience in financial services with a background in WM or IM as a business and/or finance division process and controls.
- Strong analytical skills and the ability to distill complex issues into clear insights.
- Excellent communication and stakeholder engagement abilities.
- Proven leadership and mentoring capabilities.
- Initiative independence and strong time management.
- Advanced proficiency in Microsoft Office, with tools like Power BI or Alteryx considered a bonus.
- A collaborative mindset and a passion for continuous improvement.
- Holds a relevant degree or professional qualification (e.g. CA, ACCA, CIMA).
- At least 6 years of relevant experience would generally be expected to find the skills required for this role.
What you can expect from Morgan Stanley:
We are committed to maintaining first class service and high standards of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - guide the decisions we make every day to do what's best for our clients, communities, and more than employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and brightest in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers fueled by diverse backgrounds and experiences. We proudly support our employees and their families at every point along their work life journey, offering some of the most attractive and comprehensive benefits and perks in the industry. There's also ample opportunity to move around the business for those who show passion and grit in their work.
Morgan Stanley is an equal opportunity employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.
Non Financial Risk Lead (WM & IM) Vice President in Glasgow employer: PowerToFly
Contact Detail:
PowerToFly Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Non Financial Risk Lead (WM & IM) Vice President in Glasgow
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those in Wealth Management and Investment Management. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by diving deep into the company’s values and recent initiatives. Show how your experience aligns with their goals, especially around risk management and compliance. We want to see you shine!
✨Tip Number 3
Don’t just wait for job postings; be proactive! Reach out directly to hiring managers or teams you’re interested in. Express your enthusiasm for the role and how you can contribute to their success.
✨Tip Number 4
Finally, apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take that extra step to connect with us directly.
We think you need these skills to ace Non Financial Risk Lead (WM & IM) Vice President in Glasgow
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Non Financial Risk Lead role. Highlight your experience in Wealth Management and Investment Management, and showcase your analytical skills and leadership capabilities. We want to see how your background aligns with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about non-financial risk management and how your expertise can contribute to our team. Keep it engaging and relevant to the role – we love a good story!
Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your ability to manage risks and lead teams. Use metrics where possible to quantify your impact. We appreciate candidates who can back up their claims with solid evidence!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team at StudySmarter. We can’t wait to see what you bring to the table!
How to prepare for a job interview at PowerToFly
✨Know Your Risk Management Inside Out
Make sure you brush up on your knowledge of non-financial risk management, especially in Wealth Management and Investment Management. Be ready to discuss specific frameworks like RCSA and how you've applied them in past roles.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess by discussing complex issues you've tackled in previous positions. Use examples that highlight your ability to distill information into actionable insights, as this is crucial for the role.
✨Engage with Stakeholders
Think about how you've successfully engaged with stakeholders in the past. Be ready to share examples of how you've communicated risk findings and collaborated with teams to drive initiatives forward.
✨Emphasise Leadership and Mentoring
Since this is a Vice President role, it's important to showcase your leadership experience. Prepare stories that illustrate how you've mentored team members and led projects, aligning with the firm's values and culture.