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Vice President, Operational Risk & Control; IED Finance

Job in New York, New York County, New York, 10261, USA
Listing for: PowerToFly
Full Time position
Listed on 2025-12-20
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Corporate Finance, Financial Compliance, Financial Manager
  • Management
    Risk Manager/Analyst, Financial Manager
Job Description & How to Apply Below
Position: Vice President, Operational Risk & Control (IED Finance)
Location: New York

We're seeking someone to join our IED Risk team as a Product Controller in ISG Finance to steer operational risk management across the division. They will drive key initiatives such as Risk & Control Self-Assessment (RCSA), the capture of operational risk incidents, Business Continuity Planning (BCP), and the development and production of divisional reporting, metrics, and risk monitoring processes.

In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis and advisory services of the Firm's financial and capital resources. This is a Vice President level position within our Product Controllers Job Family which specializes in ensuring adequacy of controls, profit and loss and balance sheet reporting and reconciliations for a segment / business / product area, as well as management reporting across business segments or cross functional end-to-end product oversight.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you’ll do in the role:
  • Collaborate with a varied group of colleagues in Finance and across the Firm
  • Responsible for and lead a significant set of deliverables, leveraging advanced understanding of Finance functional area, product and/or client segment
  • Proactively identify emerging risks in individual and department work and contribute to strategies for mitigating them
  • Act as a role model and culture carrier; embody and set an example of the Firm’s values and hold yourself and others accountable to Firm standards
  • Lead key risk processes across IED Finance’s Product Control (GPC) functions including RCSA, business continuity, information security, and other compliance activities
  • Own and deliver high‑impact initiatives, leveraging deep Finance expertise
  • Prepare risk reports and deliver actionable insights to senior stakeholders within IED Finance and across the firm
  • Assist in reporting of risk incidents within IED GPC and perform thematic analysis to identify trends and recommend solutions
  • Drive issue resolution and action planning within the Firm’s risk inventory, with a focus on IED GPC’s control processes and controls
  • Identify areas of emerging non‑financial risks and assist senior management in developing mitigation strategies
  • Maintain risk policies and procedures
  • Champion the firm’s values and foster a culture of accountability
  • Manage, attract, develop and retain talent for the team within Finance while creating an inclusive environment; translate Firm‑wide goals into actionable goals for department/function
What you’ll bring to the role:
  • Advanced understanding of Finance functional area, product and/or client segment and technical skills, as well as of industry and competitive environment
  • Ability to provide positive and constructive feedback and acknowledge efforts of team members
  • Ability to articulate risk and impact to various audiences, and create plans to mitigate those risks
  • Strong analytical skills and the ability to distil complex issues into clear insights
  • Excellent communication and stakeholder engagement abilities
  • Proven leadership and mentoring capabilities
  • Initiative, independence, and strong time management
  • Advanced proficiency in Microsoft Office, experience with tools like Power BI or Alteryx is a bonus
  • A collaborative mindset and a passion for continuous improvement
  • Holds a relevant degree or relevant professional qualification
  • At least 9 years’ relevant experience would generally be expected to find the skills required for this role
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…

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