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E*TRADE from Morgan Stanley · 1 week ago

Risk Officer

Rochester, New York, United States of America

Full-time

Onsite

Mid, Senior Level

$120K/yr - $160K/yr

E*TRADE from Morgan Stanley is seeking a Risk Officer responsible for a wide variety of supervisory, compliance, and risk functions. The role involves maintaining a controlled environment through adherence to business ethics and compliance with applicable laws, while also supporting the Senior Risk Officer in various risk management tasks.

BankingFinanceFinancial Services

Responsibilities

Primary responsibility for all risk, supervisory, and compliance function for respective branch location(s)

Facilitates any supervisory inquiry or process that requires escalation from the Senior Risk Officer and/or the Regional Risk Officer

Focuses on business ethics and regulatory and compliance practices

Provides coaching and guidance on policies and procedures in order to promote risk awareness and a compliant environment

Ensure proper procedures are in place to ensure that approvals are handled appropriately and timely

Monitors and implements procedures to manage all facets of risk, including data security

Facilitates regular and consistent communication of Morgan Stanley Wealth Management policies and other regulations

Liaises with the Legal and Compliance Division with customer complaints and litigation

Together with the Market Manager and Senior Risk Officer, ensures appropriate supervisory coverage is maintained at all times

Oversees responsibilities outlined in the Branch Supervisory Manual, as well as new policies to ensure the Market has procedures in place

Supports in the preparation for and response to audits, and ensures that any audit findings are appropriately responded to and remediated

Works with Market Manager and Senior Risk Officer to monitor people risk, and ensures appropriate action is taken

Responsible for proactive client contact in determining suitability and managing risk

Active involvement with the region regarding matters presented to the Credit Committee

Primary source for intelligence on risk in regard to clients and FAs

Works closely with Special Investigation Unit on any Human Resources issues as related to risk and compliance

Together with the Senior Risk Officer facilitates the training on Morgan Stanley Wealth Management compliance policies and procedures

Assists in the review and on boarding of FA recruits

Qualification

Active Series 7SECFINRAPrevious industry experienceLeadership capabilitiesRisk managementClient interactionJudgmentDiscretionEffective communicationAttention to detailProblem-solvingOrganizational skillsWork ethic