Job Description

Morgan Stanley is a global financial services firm that conducts its business through three principal business segments--Institutional Securities, Wealth Management, and Asset Management. The Third-Party Resilience Vice President position is with Morgan Stanley Bank, NA and Morgan Stanley Private Bank, National Association (U.S. Banks') supporting the U.S. Banks' Resilience and U.S. Banks' Vendor Management Teams.
The U.S. Banks' Resilience and U.S. Banks' Vendor Teams have a key requirement to fill a Third-Party Resilience position working with the existing North America team. The role will support Contingency Planning and Exit Planning efforts, Cloud Resilience and Banks' Governance within the U.S. Banks Vendor Management Team. These teams focus on driving continued enhancement to the Banks' risk management and mitigating standard, to ensure the impact of potentially disruptive incidents, particularly in the space of external third-party service providers, can be responded to promptly in alignment with Business Unit objectives and regulatory expectations.
This U.S. Bank's Resiliency manager will also be responsible for the management of the Operational risk teams offshore. We seek a Vice President ("VP") to join the Operational Risk team in Mumbai to lead all the functions within Operational Risk.
Key responsibilities include:
Operational Risk Lead

• Manage a team of FTEs across various Operational Risk functions
• Manage team's personal development, oversee production, oversee deliverables are on time and at high level of quality, and provide timely feedback
• Manage escalations, and show a strong inclination towards problem solving and innovation
• Contribute to production and recognize proper delegation, setting of department goals, work on efficiency projects to increase production and create efficient workflows and processes
• Ensure staff receive appropriate training & development, assist in developing training plans & provide coaching where necessary.

Contingency Planning

• Conduct quality assurance reviews of contingency plans for Banks-impacting third party services, in alignment with Banks-specific requirements.
• Participate in the end-to-end process for tabletops, including design, development, testing exercise, after action review, and post-test remediation.
• Assist in maintaining and managing Banks-impacting population of services, in collaboration with Firm Third Party Resilience.

Exit Planning

• Conduct quality assurance reviews of contingency plans for Banks-impacting third party services, in alignment with Banks-specific requirements.
• Participate in the end-to-end process for tabletops, including design, development, testing exercise, after action review, and post-test remediation
• Assist in maintaining and managing Banks-impacting population of services, in collaboration with Firm Third Party Resilience.

Cloud Resilience

• Review and provide input to Firmwide Cloud strategy.
• Identify and evaluate third party Cloud services for enhanced oversight.
• Analyze key risk indicators (KRIs) for third party Cloud resilience.
• Participate in Third Party Cloud risk assessment quality assurance reviews conducted by Vendor Management team.

Banks Governance

• Support U.S. Banks Resilience and U.S. Banks Vendor Management teams in weekly, monthly, and quarterly reporting and/or escalations to committees and sub-committees.
• Actively support in the development, implementation, training, refinement, and sustainability of the teams' governance frameworks.
• Ensure appropriate governance of policies and procedures, and the U.S. Bank's Framework adherence to key regulatory requirements.

Required Skills and Qualifications:

• Manage a team of 10 FTEs across various operational risk functions
• Bachelor's Degree with over 10+ years of experience leading Non-Financial Risk team in Risk management, Finance, Legal/compliance, or Audit is highly preferred.
• 5+ years of relevant experience in risk management in the financial services industry. Experience specific to third party risk management and/or business continuity planning/management is a plus.
• Strong understanding of existing and emerging regulatory requirements on the financial sector regarding Third Party Risk Management and Business Continuity/Operational Resilience.
• Strong facilitation, communication, presentation skills, and interpersonal skills; freely develops networks, builds consensus, prioritizes effectively, and develops alliances across organizations.
• Ability to think critically, assess situations under pressure and drive group decision making.
• Strong sense of ownership and accountability.
• Strong project management, organization, communication, and analytical skills.
• Ability to work in a fast-paced environment, both independently and as part of a team, and under strict deadlines.
• Must be an excellent communicator (both oral and written communication) with outstanding listening skills.
• Strong Excel, PowerPoint, and Word skills.

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 89 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.
Morgan Stanley is an equal opportunities 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.

Skills Required