Risk Data Aggregation, (Firm Risk Management)(Risk Management) : Job Level - Executive Director

Executive Director, Risk Data

The role will reside within the Morgan Stanley Risk Data team within the Firm Risk Management function (FRM). Risk Data is responsible for the development, management and promotion of data standards, governance, and monitoring of the Risk Data Domains (e.g., Credit, Market, Liquidity, Operational Risk) to evidence compliance with internal data governance policies / procedures, and with the BCBS 239 Principles. Risk Data provides strategic partnership across FRM and firmwide divisions to enhance risk data management and governance. Risk Data seeks an Executive Director to lead data quality related strategic initiatives for the FRM function. Projects will range from data strategy development and oversight for the division, data risk management framework development and implementation oversight.

To be successful, candidates will benefit from relevant IT engineering or Data Governance experience in a financial institution, particularly in a control function, independence and self-motivation, an ability to quickly build / maintain strong internal network / relationships across businesses and control functions, superior communication skills, and a strong desire to listen and learn.

Primary Responsibilities

This candidate, who will report to the Global Head of Risk Data, will leverage FRM Data teams' members to deliver the following :

• Drive FRM requirements for Firmwide and FRM data initiatives, e.g., Global Data Quality Program, Lineage and Architecture.
• Practiced in the use of influencing skills and ability to coordinate among IT, Data and Risk perspectives and input to develop a FRM solutions using extensive data quality governance experience, IT systems and risk & finance process knowledge.
• Lead a select team to oversee FRM and other division's initiative implementation in alignment with FRM expectations.
• Engage with senior leaders, auditors and regulators to provide insight and clarity around Risk Data Strategy in firmwide or FRM-led initiatives.

Experience :

Undergraduate Degree or above

The candidate is required to have 10+ years IT business analysis / IT engineering and / or data governance experience, ideally in a financial institution's Risk & Compliance function

Proven track record in managing and delivering change initiatives impacting data governance, processes and organization

Experience driving business requirements in Technology initiatives

Leadership, influencing and effective communication skills, including writing and verbal communication forms

Good understanding of process control, monitoring mechanisms and operational risk in the financial services industry

Strong understanding of financial risk management concepts and financial products

Strong decision-making skills with attention to detail

Strong organizational and project management skills

Strong Excel and PowerPoint skills

Expected base pay rates for the role will be between $165,000 and $275,000 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's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership / union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M / F / Disability / Vet).