United Kingdom Job Openings
Morgan Stanley
VP, P5, Third Party Risk Management
London
FULL TIME
November 14, 2024
3261987
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.
What you'll do in the role:
> Deliver all aspects of Third Party (outsourcing and sourcing including inter affiliates) (together Third Party) risk management in the EMEA region, ensuring TPPM objectives are delivered in a consistent manner with the global framework and that regional and jurisdictional internal policies and regulatory requirements are addressed.
> Create strong relationships with related functions to ensure optimised information exchange and collaboration to the betterment of the wider team.
> Contribute to defining a coverage model for the region to facilitate the delivery of TPPM objectives; collaborate with other regions where necessary to ensure consistency, coordination and continuous optimization of processes, tooling, data consistency and risk management.
> Build strong stakeholder relationships and support Morgan Stanley's Business Units in identifying and managing Third Party risks in accordance with the Firm's TPPM framework, coordinating with other functional and regional TPPM teams as required.
> Implement requirements of regulators (current and new) and senior management in the region relating to management of third parties, including operational resilience, partnering with relevant groups.
> Maintain an in-depth understanding of the Firm's Third-Party operations, industry knowledge and regulatory changes in EMEA.
> Review and measure EMEA team's achievements against defined metrics to assess effectiveness of the organization.
> Management of a team TPPM staff based in the EMEA region and support of GSS leadership.
> 10+ years in a Third Party Risk Management role working with global teams in a fast-paced environment with a demonstrated ability to meet goals and deadlines.
> A strong understanding of Third Party and outsourcing regulatory landscape in EMEA and a deep knowledge of Third Party internal controls and risk management.
> Experience implementing and/or maintaining operating models for a Third Party risk management function in global industries with a strong customer centric focus.
> A demonstrated ability to think strategically, to build credibility and to influence key internal and external stakeholders.
> Exceptional project management skills evidenced by a track record of success leading engagements or other problem-solving initiatives requiring coordination of cross-function team members with varied backgrounds and skills.
> Experience participating in Third Party and outsourcing risk reviews for regulatory and/or internal audit.
> Excellent communication and presentation skills and proven ability to effectively interact with senior management.
> Experience setting achievable and specific organizational objectives.
> Ability to discern where to place efforts/actions to add the greatest value and maximum impact.
> High energy level, intelligence, maturity, and unquestionable integrity with a team orientation.
> Ability to be flexible, adjust to changing priorities and unforeseen events, and proactively adjust strategy and approach from new learning.
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