Associate - Finance Operational Risk (Finance)

Morgan Stanley

Finance Operational Risk - Associate - Finance

Profile Description

We’re seeking someone to join our team as an Associate in the Finance Operational Risk team.

Finance

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

Company Profile

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

At Morgan Stanley India, we support the Firm’s global businesses, with critical presence across Institutional Securities, Wealth Management, and Investment management, as well as in the Firm’s infrastructure functions of Technology, Operations, Finance, Risk Management, Legal and Corporate & Enterprise Services. Morgan Stanley has been rooted in India since 1993, with campuses in both Mumbai and Bengaluru. We empower our multi-faceted and talented teams to advance their careers and make a global impact on the business. For those who show passion and grit in their work, there’s ample opportunity to move across the businesses for those who show passion and grit in their work.

Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on…

What You’ll Do In The Role

• Identify, document and assess key controls across Finance and Operations, as well as work with the business areas to institute proper controls and remediation strategies
• Communicate findings and recommendations to management, determine root causes, obtain management's action plan for remediation in a timely manner and track findings through resolution
• Develop and manage working relationships with key stakeholders, including Risk Managers and Business Process owners
• Assist in the development and rollout of scoping methodology, testing strategy, and integrated SOX and operational risk framework
• Track metrics and coordinate reporting to project working groups, steering committees, senior management and external auditors
• Document control deficiencies which are clear, concise and provide value to management
• Comfortable with documenting front-to-back process and product flows
• Able to identify gaps between implemented controls and key risks and recommenced remediation actions
• Provide support to FinRISC management over the RCSA program
  
  

What You’ll Bring To The Role

• Bachelor's degree in Finance or Accounting with a minimum of 3 - 5 years' experience in financial services, banking or Big 4 consulting
• Proven understanding of testing methodologies and processes
• Excellent analytical, technical and problem solving skills with strong attention to detail
• Critical dependency on strong oral and written communication skills
• Ability to understand and apply complex concepts
• Proficiency with data management, End User Computing Tools (spreadsheets and databases) and other standard computing applications (PowerPoint and Word)
• Flexibility to adapt to a new and changing environment
• Time management skills to meet deadlines on multiple concurrent tasks
• Proven experience in supporting the implementation of a testing framework
  
  

Skills Desired

• Experience in risk and control environment (SOX or Operational Risk), including control design and testing
  
  

What You Can Expect From Morgan Stanley

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our 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 our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. Our Firm is differentiated by the caliber of our diverse team, while our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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.

Posting Date

Nov 11, 2024

Primary Location

Non-Japan Asia-India-Maharashtra-Mumbai

Education Level

Master's Degree

Job

Finance

Employment Type

Full Time

Job Level

Associate