National Risk Officer

Job Description

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.

• Primarily responsible for all risk, supervisory, and compliance functions for respective branch location(s)

• Reviews and responds to a variety of supervisory alerts in a timely and sufficient manner

• Support increased Risk Officer workload due to remediation requirements, new FA/FAA recruits onboarding, etc.

• Fill coverage and/or resource gaps resulting from temporary Risk Officer attrition, shortages (e.g., turnover, resignations, etc.)

• Assist Markets during periods of high-volume supervisory alerts

• Manages and responds to senior or vulnerable adult, financial exploitation, diminished capacity, or other concerns affecting Morgan Stanley’s senior or vulnerable clients

• Facilitates any supervisory inquiry or process that requires escalation from the Senior Risk Officer (SRO) and/or the Associate/Regional Risk Officer (ARRO/RRO)

• Provides coaching, guidance, and education to Financial Advisors on policies and procedures to promote risk awareness and a compliant environment

• Interview clients where necessary, and collaborates with internal partners in Legal, Compliance, Risk and Business to formulate adequate responses to close matters and/or pending supervisory alerts

• Liaises with the Legal and Compliance Division to respond to customer complaints and litigation

• Supports the preparation for and response to all branch exams and internal audits, and ensures that any audit findings are appropriately responded to and remediated

• National Risk Officers may travel to different Markets within the Region to provide support, as needed

• Bachelor’s degree or equivalent work experience

• Previous industry experience

• Active Series 7, 8 (or 9 and 10), and 63, 65 (or 66)

• Other licenses as required for role or by management

• Strong knowledge of SEC, FINRA Rules and Regs including Investment and Product Knowledge

• Knowledge of applicable laws and regulations pertaining to senior or vulnerable adult matters preferred

• Effective written and verbal communication skills

• Ability to prioritize and resolve complex problems and escape as necessary

• Ability to identify issues and trends in order to anticipate change and provide recommended comprehensive solutions and remedies

• Ability to organize and prioritize tasks and assignments in a deadline-oriented environment

• Ability to interact with Financial Advisors and clients

• Excellent judgment and the ability to be discreet in all matters

• Strong quantitative and analytical skills

• High motivation and energy with ability to develop strong working relationships

• A calm demeanor and ability to work on multiple tasks at one time

• Self-starter with a strong attention to detail

• Ability to work well with colleagues across a diverse range of working groups in a fast-paced environment

• Excellent problem-solving and business judgment

• Strong organizational, planning and time management skills

• Ability and willingness to voice ideas, in addition to following instructions

• Proficiency in MS Office, PowerPoint, Excel

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 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…