Risk Officer

The Risk Officer is responsible for a wide variety of supervisory, compliance, and risk functions. In conjunction with the Senior Risk Officer, the Risk Officer has accountability for maintaining a consistent controlled environment through adherence of business ethics and practices and adherence to all applicable Federal, State and Local laws, Morgan Stanley Wealth Management policies, and other regulations. The Risk Officer keeps the Senior Risk Officer informed of significant matters.

The Risk Officer role is a non-revenue sharing position that has dual reporting to the Complex Manager and Senior Risk Officer.

• 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 Complex 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 Complex 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 Complex 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