VP, P5, Third Party Risk Management

Job Description - Third Party Risk Management - Vice President ()

Europe, Middle East, Africa-United Kingdom-United Kingdom-London

Education Level: Bachelor's Degree

Other

Employment Type: Full Time

Job Level: Vice President

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

We're seeking someone to join our team as a Vice President to implement and to enforce consistent compliance with the Firm's TPRM framework in the region. The job holder will support Morgan Stanley's Business Units to manage Third-Party risks and maintain all Third-Party arrangements in compliance with the Firm's internal policies, external rules, and relevant regulations on all aspects of Third Party risk management.

This is a Vice President position within Third Party Risk Management, which specializes in identifying, analysing, and managing risks presented to a company as a result of working with external parties / vendors.

What you'll do in the role:

1. Deliver all aspects of Third Party (outsourcing and sourcing including inter affiliates) 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.
2. Create strong relationships with related functions to ensure optimised information exchange and collaboration to the betterment of the wider team.
3. 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.
4. 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.
5. 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.
6. Maintain an in-depth understanding of the Firm's Third-Party operations, industry knowledge and regulatory changes in EMEA.
7. Review and measure EMEA team's achievements against defined metrics to assess effectiveness of the organization.
8. Management of a team TPPM staff based in the EMEA region and support of GSS leadership.

What you'll bring to the role:

1. At least 10 years relevant experience 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 would generally be expected to find the skills required for this role.
2. A strong understanding of Third Party and outsourcing regulatory landscape in EMEA and a deep knowledge of Third Party internal controls and risk management.
3. Experience implementing and/or maintaining operating models for a Third Party risk management function in global industries with a strong customer centric focus.
4. A demonstrated ability to think strategically, to build credibility and to influence key internal and external stakeholders.
5. 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.
6. Experience participating in Third Party and outsourcing risk reviews for regulatory and/or internal audit.
7. Excellent communication and presentation skills and proven ability to effectively interact with senior management.
8. Experience setting achievable and specific organizational objectives.
9. Ability to discern where to place efforts/actions to add the greatest value and maximum impact.
10. High energy level, intelligence, maturity, and unquestionable integrity with a team orientation.
11. Ability to be flexible, adjust to changing priorities and unforeseen events, and proactively adjust strategy and approach from new learning.

Where will you be working?

This role is based in 20 Bank Street, London.

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Equal opportunities statement:

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.