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Morgan Stanley · 2 weeks ago

US Banks First Line Risk - Regulatory & Audit Oversight Officer Vice President

New York, NY

Full-time

Onsite

Mid, Senior Level

$110K/yr - $190K/yr

5+ years exp

Morgan Stanley is a global financial services firm that provides comprehensive financial advice and services. They are seeking a Vice President for the US Banks First Line Risk team to support the Regulatory and Audit Oversight program.

Asset ManagementFinanceFinancial ServicesLending

Responsibilities

Partner with Regulatory Relations and management to coordinate the exam process for the two US Banks

Ensure the Banks are adequately prepared for upcoming meetings and exams

Manage the development, implementation and execution strategy of the 1LOD Risk regulatory examination process

Collaborate with stakeholders to confirm comprehensive and consistent practices are followed to allow for successful execution of exams

Ensure First Day Letter, inquiries and requests are responded to in a timely manner by management

Ensure the Head of Business Risk is informed of regulatory matters

Confirm thorough action plans are created to mitigate risk identified with owners and due dates

Monitor remedial activity to ensure that issues and action plans are completed in a timely manner and meet the spirit and letter of regulatory expectations

Manage tracking and deliverable status of issues and action plans to ensure deadlines are met

Proactively work with management to prevent delays with remediation

Confirm 1LOD testing is performed to demonstrate enhancements are working as designed and expected

Support the relationship with Internal Audit, manage the affiliate agreement and confirm services provided are satisfactory

Partner with Internal Audit to coordinate the Internal Audit process for two US Banks

Manage the development, implementation and execution strategy of the internal audit oversight process

Collaborate with stakeholders to confirm comprehensive and consistent practices are followed to allow for successful execution of internal audits

Ensure audit requests and inquiries are responded to in a timely manner by management

Confirm adequate governance for regulatory and audit programs

Prepare corporate governance risk reporting

Ensure policies and procedures are comprehensive

Other duties as assigned

Limited Travel

Qualification

Regulatory complianceRegulatory relationsAudit experienceMicrosoft PowerPointMicrosoft ExcelProject managementAnalytical skillsCommunication skillsAttention to detailProblem-solving

Required

5+ years of professional experience in financial services with focus on regulatory compliance, regulatory relations at or interacting with U.S. financial regulators, or experience in audit or risk

Bachelor's Degree

Ability to work in a fast-paced, high-demand environment, both independently and as part of a team, under tight deadlines and with the ability to manage multiple priorities concurrently, efficiently and effectively

Attention to detail, strong analytical, quantitative, and investigative problem-solving abilities

Strong interpersonal, verbal, and written communication skills; capable of making presentations to an internal audience, and interacting positively with senior management, colleagues and clients

Strong project management and reporting skills

Proficient with Microsoft PowerPoint and Excel